Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Lighter against HTX−0.069%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1141.135% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.069%, 7d avg −0.005%
=Together, before fees−0.061%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.064% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AVAX-USDT | 10.583 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $343K | $803K | 75x |
| Short | Lighter AVAX | 10.576 | 0.0096 | get 0.0012% / 1h | 30m 22s | $1.2M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.069% → −0.005%
- −$6.43
- Slippage, 4 orders
- −$101.52
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.79
- Costs to cover
- 1.135%
- Break-even
- never at this rate
Slippage from HTX: live order book, 23 min ago; Lighter: live order book, 7 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 HTX live order book, 23 min ago | 24.18 bp | 55.3 bp −$55 | 162.5 bp −$1,625 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 3.81 bp | 4.7 bp −$5 | 18.4 bp −$184 | 94.9 bp −$9,492 | 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 | +1.672% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0282% | 1h | 10.584 | +0.007% | $4.2M | $11.5M | 50x | as long as short |
| Nado AVAX-PERP | −0.0046% | 1h | 10.584 | +0.009% | $289K | $338K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0033% | 1h | 10.582 | −0.010% | $4.7M | $7.5M | 25x | as long as short |
| Variational Omni AVAX | −0.0006% | 8h | 10.571 | −0.116% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.584 | +0.013% | $88K | $117K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.591 | +0.078% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0026% | 8h | 10.591 | +0.075% | $12.1M | $32.6M | 75x | as long as short |
| Polymarket Perps AVAX-USD | +0.0076% | 1h | 10.588 | +0.046% | $132K | $355K | 10x | as long as short |
| Bybit AVAXUSDT | +0.0088% | 8h | 10.584 | +0.009% | $78.3M | $144.8M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.588 | +0.042% | $12K | $212 | 20x | as long as short |
| Lighter AVAXshort | +0.0096% | 1h | 10.576 | −0.069% | $1.2M | $2.6M | 10x | |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.580 | −0.029% | $19K | $443K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.599 | +0.150% | $37.8M | $43.6M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.587 | +0.039% | $2.1M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.583 | −0.003% | $266K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.592 | +0.084% | $112.5M | $430.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.588 | +0.046% | $18.6M | $111.8M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.593 | +0.094% | $42.5M | $79.7M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.588 | +0.046% | $13.2M | $22.8M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.587 | +0.037% | $31.9M | $49.4M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.589 | +0.056% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.581 | −0.020% | $368K | $537K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.607 | +0.225% | $336K | $958K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.612 | +0.273% | $171K | $662K | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.587 | +0.037% | $167K | $339K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.607 | +0.221% | $11K | $757K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.577 | −0.058% | $17K | $72K | 10x | as long as short |
| HTX AVAX-USDTlong | +0.0100% | 8h | 10.583 | long leg | $343K | $803K | 75x | |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.584 | +0.009% | $28.2M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.569 | −0.132% | $638K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.583 | −0.001% | $243K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.580 | −0.029% | $829K | $4.8M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.586 | +0.027% | $4.6M | $5.6M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.590 | +0.064% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0278% | 1h | 10.593 | +0.098% | $229K | — | 120x | as long as short |
HTX AVAX-USDT
Lighter AVAX
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Deribit AVAX_USDC-PERPETUAL
Variational Omni AVAX
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Polymarket Perps AVAX-USD
Bybit AVAXUSDT
Paradex AVAX-USD-PERP
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
SunX AVAX-USDT
SoDEX AVAX-USD
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]