AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0355%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.239%

Price spread now: Reya against Deribit−0.134%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.134% cheaper against Deribit than usual: you would sell low and buy high (spread −0.134% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 30 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	11.056	−0.0112	get 0.0014% / 1h	32m 16s	$5.2M	$9.4M	25x
Short	Reya AVAXRUSDPERP	11.041	0.0243	get 0.0030% / 1h	32m 16s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee ReyabpOrdersPrice spread, now −0.134%Rate

Funding earned: $74.56
Price spread: −0.134% → 0.000%: −$13.38
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $48.18
Costs to cover: 0.130%
Break-even: 2.5 days

Slippage unknown: Deribit: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 2 min ago	1.36 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AVAX	−0.0230%	8h	11.032	−0.220%	$2.8M	$2.2M	—	as long as short
Nado AVAX-PERP	−0.0212%	1h	11.049	−0.059%	$297K	$967K	10x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0112%	1h	11.056	long leg	$5.2M	$9.4M	25x
Bybit AVAXUSDT	−0.0020%	8h	11.055	−0.009%	$86.4M	$147.4M	75x	as long as short
OKX AVAX-USDT-SWAP	−0.0018%	8h	11.052	−0.036%	$19.6M	$146.2M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.056	+0.001%	$94K	$139K	10x	as long as short
SoDEX AVAX-USD	+0.0001%	1h	11.054	−0.018%	$18K	$72K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.048	−0.072%	$13K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0012%	1h	11.000	−0.507%	$17K	$103K	12x	as long as short
Extended AVAX-USD	+0.0016%	1h	11.052	−0.041%	$651K	$2.2M	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International AVAX-PERP-INTX	+0.0016%	1h	11.053	−0.027%	$807K	$8.0M	50x	as long as short
Gate AVAX_USDT	+0.0017%	8h	11.046	−0.090%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0049%	8h	11.047	−0.081%	$51.2M	$112.3M	200x	as long as short
Binance AVAXUSDT	+0.0049%	8h	11.053	−0.027%	$118.0M	$543.1M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0061%	1h	11.050	−0.054%	$313K	$551K	15x	as long as short
Phemex AVAXUSDT	+0.0069%	8h	11.057	+0.009%	$29.6M	$4.8M	50x	as long as short
BingX AVAX-USDT	+0.0069%	8h	11.049	−0.063%	—	$93.5M	—	as long as short
Bitget AVAXUSDT	+0.0076%	8h	11.053	−0.027%	$34.2M	$63.1M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0085%	8h	11.050	−0.055%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0088%	8h	11.041	−0.135%	$2.2M	$2.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.055	−0.007%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.030	−0.235%	$16K	$708K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.114	+0.526%	$255K	—	3x	as long as short
Pacifica AVAX	+0.0100%	1h	11.056	+0.002%	$299K	$118K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.050	−0.054%	$15.6M	$24.8M	75x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.036	−0.177%	$358K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.043	−0.118%	$178K	$703K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.043	−0.118%	$115K	$489K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.063	+0.063%	$214K	$287K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.063	+0.062%	$12K	$701K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.040	−0.149%	$353K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0169%	8h	11.041	−0.136%	$4.9M	$8.9M	100x	as long as short
Kraken Futures PF_AVAXUSD	+0.0238%	1h	11.063	+0.064%	$4.6M	$13.7M	50x	as long as short
Reya AVAXRUSDPERPshort	+0.0243%	1h	11.041	−0.134%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0409% / S −0.0244%	1h	11.045	−0.100%	$238K	—	120x	as long as short
Hyperliquid AVAX	+0.0435%	1h	11.061	+0.045%	$41.5M	$58.6M	10x	as long as short