AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0224%/8h= +24.5% APRnext payment +$0.28 per $10,000 · paid last 24h +0.055%

Price spread now: Coinbase International against dYdX−0.101%7-day average +0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$296as in the Funding arb table

Net, price: spread back to 7d avg − costs−$348as in the Price arb table

costs, in and out, $10k−$3323.316% of the position

Long on dYdX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.356%+$36 on $10k

Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.101%, 7d avg +0.067%

Together, before fees+0.438%+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.168% cheaper against dYdX than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.067%). If the spread goes back, that is −$17 on $10k: about 2.5 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	10.723	0	get 0.0000% / 1h	16m 42s	$92K	$111K	10x
Short	Coinbase International AVAX-PERP-INTX	10.712	0.0224	get 0.0028% / 1h	16m 42s	$851K	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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 dYdXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.101%Rate

Funding earned: $47.04
Price spread: −0.101% → +0.067%: −$16.78
Slippage, 4 orders: −$311.59
Fee dYdX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$301.33
Costs to cover: 3.316%
Break-even: 51.8 days

Slippage from dYdX: live order book, 22 min ago; Coinbase International: live order book, 2 min ago.

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 dYdX live order book, 22 min ago	148.19 bp	154.1 bp −$154	154.1 bp −$1,541	185.8 bp −$18.6K	443.7 bp −$221.8K
Sell Coinbase International live order book, 2 min ago	2.80 bp	11.9 bp −$12	18.3 bp −$183	doesn't fit	doesn't fit

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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.713	−0.091%	$3.8M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0176%	1h	10.704	−0.181%	$289K	$329K	10x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.667	−0.524%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.723	long leg	$92K	$111K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.713	−0.092%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.712	−0.098%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.719	−0.036%	$13.2M	$30.8M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.346%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0091%	8h	10.721	−0.017%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.721	−0.016%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.703	−0.185%	$25K	$468K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.730	+0.067%	$36.8M	$41.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.722	−0.009%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.725	+0.020%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.722	−0.012%	$113.4M	$406.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.717	−0.055%	$81.9M	$139.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.716	−0.064%	$18.8M	$108.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.721	−0.017%	$52.8M	$80.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.717	−0.055%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.720	−0.027%	$32.5M	$46.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.721	−0.017%	—	$53.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.719	−0.036%	$437K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.702	−0.194%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.703	−0.185%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.706	−0.157%	$134K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.719	−0.036%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	+0.105%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.711	−0.111%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.725	+0.024%	$326K	$863K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.713	−0.092%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.715	−0.071%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.710	−0.115%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.705	−0.167%	$4.7M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0224%	1h	10.712	−0.101%	$851K	$4.7M	50x
Reya AVAXRUSDPERP	+0.0245%	1h	10.705	−0.168%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.711	−0.106%	$226K	—	120x	as long as short