AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%

Price spread now: Popdex against dYdX−0.059%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$216as in the Price arb table

costs, in and out, $10k−$2102.097% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Popdex is 0.059% cheaper against dYdX than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days 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	10.725	0	get 0.0000% / 1h	1m 08s	$89K	$117K	10x
Short	Popdex AVAXUSDT	10.719	0.0096	get 0.0012% / 1h	1m 08s	$23K	$436K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.059%Rate

Funding earned: $20.16
Price spread: −0.059% → 0.000%: −$5.88
Slippage, 4 orders: −$193.26
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$195.38
Costs to cover: 2.097%
Break-even: 74.8 days

Slippage from dYdX: live order book, 48 min ago; Popdex: live order book, 48 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, 48 min ago	92.37 bp	97.4 bp −$97	97.4 bp −$974	248.6 bp −$24.9K	516.1 bp −$258.0K
Sell Popdex live order book, 48 min ago	1.89 bp	7.0 bp −$7	21.3 bp −$213	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	−0.1423%	1h	10.760	+0.323%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.726	+0.004%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0104%	1h	10.721	−0.035%	$287K	$340K	10x	as long as short
Variational Omni AVAX	−0.0030%	8h	10.729	+0.031%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.725	long leg	$89K	$117K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.723	−0.021%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.722	−0.035%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0039%	8h	10.720	−0.049%	$12.6M	$33.3M	75x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.720	−0.049%	$82.2M	$149.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.721	−0.043%	$1.2M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDTshort	+0.0096%	1h	10.719	−0.059%	$23K	$436K	50x
Paradex AVAX-USD-PERP	+0.0097%	8h	10.718	−0.068%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.731	+0.053%	$37.6M	$44.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.722	−0.029%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.722	−0.027%	$268K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.721	−0.040%	$114.2M	$432.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.718	−0.068%	$18.8M	$114.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.721	−0.040%	$45.5M	$81.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.722	−0.031%	$13.3M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.720	−0.049%	$32.5M	$49.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.721	−0.040%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.723	−0.021%	$428K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.719	−0.059%	$345K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.743	+0.165%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.722	−0.031%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.728	+0.025%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.751	+0.238%	$11K	$767K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.721	−0.040%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.717	−0.073%	$343K	$879K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.722	−0.031%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.718	−0.071%	$615K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.718	−0.068%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.738	+0.118%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.722	−0.031%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.718	−0.066%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.722	−0.031%	$227K	—	120x	as long as short