AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against dYdX−0.032%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$281as in the Funding arb table

Net, price: spread back to 7d avg − costs−$306as in the Price arb table

costs, in and out, $10k−$3013.014% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.032%, 7d avg +0.010%

Together, before fees+0.249%+ Points / potential airdropPacifica: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.041% cheaper against dYdX than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	11.254	0	get 0.0000% / 1h	25m 58s	$104K	$111K	10x
Short	Pacifica AVAX	11.250	0.0100	get 0.0013% / 1h	25m 58s	$299K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.032%Rate

Funding earned: $21
Price spread: −0.032% → +0.010%: −$4.13
Slippage, 4 orders: −$283.45
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$284.58
Costs to cover: 3.014%
Break-even: 101.9 days

Slippage from dYdX: live order book, 53 min ago; Pacifica: live order book, 52 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, 53 min ago	133.65 bp	139.9 bp −$140	141.2 bp −$1,412	141.3 bp −$14.1K	145.7 bp −$72.8K
Sell Pacifica live order book, 52 min ago	6.22 bp	12.1 bp −$12	22.1 bp −$221	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.190	−0.569%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.225	−0.258%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0099%	1h	11.239	−0.134%	$296K	$878K	10x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.254	long leg	$104K	$111K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.230	−0.214%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0084%	8h	11.245	−0.078%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.229	−0.223%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.230	−0.214%	$18K	$672K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.239	−0.129%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.230	−0.213%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXshort	+0.0100%	1h	11.250	−0.032%	$299K	$118K	10x
Binance AVAXUSDT	+0.0100%	8h	11.226	−0.249%	$120.1M	$512.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.227	−0.240%	$89.5M	$155.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.227	−0.240%	$20.2M	$143.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.223	−0.276%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.224	−0.267%	$51.3M	$93.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.230	−0.214%	$15.8M	$24.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.222	−0.285%	$34.2M	$58.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.225	−0.258%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.226	−0.249%	$359K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.239	−0.133%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.243	−0.098%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.232	−0.196%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.236	−0.160%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.258	+0.033%	$12K	$734K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.226	−0.249%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.239	−0.138%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.230	−0.214%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.219	−0.315%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.228	−0.231%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.255	+0.009%	$5.0M	$7.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.228	−0.230%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.230	−0.213%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	0.000%	$915K	$7.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0425% / S −0.0282%	1h	11.229	−0.227%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0807%	1h	11.247	−0.063%	$43.7M	$55.1M	10x	as long as short