AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.017%

Price spread now: dYdX against Extended+0.040%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$215as in the Funding arb table

Net, price: spread back to 7d avg − costs−$208as in the Price arb table

costs, in and out, $10k−$2062.059% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.040%, 7d avg +0.060%

Together, before fees−0.047%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.020% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.681	0.0104	pay 0.0013% / 1h	46m 01s	$609K	$1.5M	25x
Short	dYdX AVAX-USD	10.685	0	get 0.0000% / 1h	46m 01s	$89K	$117K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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 ExtendedbpFee dYdXbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$21.84
Price spread: +0.040% → +0.060%: −$2.05
Slippage, 4 orders: −$190.86
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$229.74
Costs to cover: 2.059%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 63 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 Extended live order book, 2 min ago	0.47 bp	5.5 bp −$5	7.8 bp −$78	doesn't fit	doesn't fit
Sell dYdX live order book, 63 min ago	92.37 bp	97.4 bp −$97	97.4 bp −$974	182.1 bp −$18.2K	548.2 bp −$274.1K

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
Nado AVAX-PERP	−0.0193%	1h	10.679	−0.015%	$286K	$338K	10x	as long as short
Variational Omni AVAX	−0.0038%	8h	10.723	+0.394%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.685	+0.040%	$89K	$117K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.690	+0.088%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.690	+0.086%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0033%	8h	10.689	+0.079%	$12.7M	$32.1M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.743%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0063%	1h	10.686	+0.051%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.686	+0.047%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.683	+0.023%	$81.4M	$147.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.687	+0.059%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.682	+0.013%	$23K	$427K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.697	+0.154%	$37.4M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.693	+0.117%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.686	+0.051%	$268K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.687	+0.056%	$113.7M	$427.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.682	+0.013%	$18.7M	$112.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.685	+0.041%	$44.6M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.688	+0.069%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.682	+0.013%	$32.3M	$48.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.686	+0.051%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.690	+0.088%	$427K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.328%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.718	+0.350%	$173K	$664K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.682	+0.013%	$135K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.694	+0.125%	$230K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.711	+0.284%	$12K	$764K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.685	+0.046%	$342K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.686	+0.051%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.681	long leg	$609K	$1.5M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.686	+0.048%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.692	+0.106%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.500%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.684	+0.032%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.677	−0.030%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.688	+0.071%	$226K	—	120x	as long as short