AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.052%

Price spread now: Reya against Lighter+0.069%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.069% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AVAX	11.157	0.0096	pay 0.0012% / 1h	26m 22s	$1.2M	$2.9M	10x
Short	Reya AVAXRUSDPERP	11.164	0.0244	get 0.0031% / 1h	26m 22s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Lighter. 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 LighterbpFee ReyabpOrdersPrice spread, now +0.069%Rate

Funding earned: $31.11
Price spread: +0.069% → 0.000%: $6.86
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $31.97
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Lighter: live order book, 6 min ago; Reya: 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 Lighter live order book, 6 min ago	4.07 bp	5.6 bp −$6	17.9 bp −$179	92.5 bp −$9,250	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 PERP	−0.1374%	1h	11.120	−0.330%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0079%	1h	11.166	+0.085%	$287K	$448K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.159	+0.019%	$103K	$87K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.164	+0.065%	$5.2M	$7.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.165	+0.075%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.169	+0.110%	$4.3M	$11.5M	50x	as long as short
Lighter AVAXlong	+0.0096%	1h	11.157	long leg	$1.2M	$2.9M	10x
Popdex AVAXUSDT	+0.0096%	1h	11.164	+0.065%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.157	+0.002%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.157	+0.003%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.164	+0.063%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.166	+0.083%	$119.3M	$432.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.166	+0.082%	$88.7M	$138.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.165	+0.073%	$20.1M	$117.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.164	+0.065%	$12.2M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.165	+0.073%	$48.4M	$79.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.168	+0.100%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.168	+0.100%	$33.5M	$48.5M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.166	+0.082%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.151	−0.052%	$357K	$496K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.168	+0.102%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.169	+0.109%	$358K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.179	+0.199%	$180K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.169	+0.109%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.172	+0.136%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.196	+0.348%	$12K	$701K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.166	+0.082%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.167	+0.091%	$366K	$870K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.149	−0.070%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.162	+0.042%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.164	+0.065%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.143	−0.124%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.174	+0.154%	$899K	$5.5M	50x	as long as short
Reya AVAXRUSDPERPshort	+0.0244%	1h	11.164	+0.069%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.165	+0.073%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0507%	1h	11.184	+0.246%	$43.5M	$43.1M	10x	as long as short