Funding you earn now, next payment 04:00 UTC+0.1423%/8h= +155.8% APRnext payment +$1.78 per $10,000 · paid last 24h +0.213%
Price spread now: dYdX against Injective−0.075%7-day average +0.198% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)−0.426%−$43 · spread now −0.075%, 7d avg +0.198%
=Funding pays, the price is against you. dYdX is 0.273% cheaper against Injective than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.198%). If the spread goes back, that is −$27 on $10k: about 15 hours of funding at the current rate (+$43 a day). At the pace of the last 7 days (+0.248% in total) that is about 7.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.78 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AVAX/USDC PERP | 10.990 | −0.1423 | get 0.0178% / 1h | 14m 30s | $17K | $151K | 12x |
| Short | dYdX AVAX-USD | 10.982 | 0 | get 0.0000% / 1h | 14m 30s | $96K | $97K | 10x |
Injective AVAX/USDC PERP
dYdX AVAX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Injective. 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
- $298.74
- Price spread: −0.075% → +0.198%
- −$27.33
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $261.39
- Costs to cover
- 0.100%
- Break-even
- 0.9 days
Slippage unknown: Injective: live order book, 44 min ago; dYdX: no order-book sample. Net counts fees only.
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 Injective live order book, 44 min ago | 44.92 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPlong | −0.1423% | 1h | 10.990 | long leg | $17K | $151K | 12x | |
| Deribit AVAX_USDC-PERPETUAL | −0.0023% | 1h | 10.986 | −0.036% | $5.1M | $7.9M | 25x | as long as short |
| Nado AVAX-PERP | −0.0013% | 1h | 10.978 | −0.105% | $286K | $371K | 10x | as long as short |
| dYdX AVAX-USDshort | 0.0000% | 1h | 10.982 | −0.075% | $96K | $97K | 10x | |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.986 | −0.035% | $12K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.981 | −0.086% | $1.2M | $2.9M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.980 | −0.091% | $15K | $550K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 10.979 | −0.096% | $12K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.979 | −0.096% | $2.2M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.985 | −0.049% | $286K | $114K | 10x | as long as short |
Deribit AVAX_USDC-PERPETUAL
Nado AVAX-PERP
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AVAXUSDT | +0.0100% | 8h | 10.979 | −0.100% | $115.6M | $430.3M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.974 | −0.146% | $85.0M | $139.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.980 | −0.091% | $20.2M | $114.7M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 10.981 | −0.082% | $12.1M | $34.5M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.980 | −0.091% | $46.2M | $78.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.986 | −0.036% | $15.4M | $21.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.975 | −0.136% | $32.9M | $48.0M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.979 | −0.100% | — | $78.6M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.985 | −0.045% | $330K | $525K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 10.963 | −0.249% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.041 | +0.462% | $352K | $874K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.040 | +0.455% | $178K | $671K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.980 | −0.091% | $129K | $345K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.991 | +0.009% | $193K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.015 | +0.228% | $12K | $713K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.987 | −0.027% | $18K | $71K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.993 | +0.032% | $366K | $812K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.991 | +0.009% | $29.3M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.974 | −0.146% | $678K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.982 | −0.075% | $252K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0214% | 1h | 10.990 | −0.004% | $4.2M | $11.3M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.991 | +0.009% | $5.0M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 10.977 | −0.118% | $889K | $5.2M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.975 | −0.139% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 10.985 | −0.042% | $233K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0510% | 1h | 10.993 | +0.027% | $42.6M | $42.1M | 10x | as long as short |
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Kraken Futures PF_AVAXUSD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX