AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: dYdX against Pacifica+0.010%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$314as in the Funding arb table

Net, price: spread back to 7d avg − costs−$291as in the Price arb table

costs, in and out, $10k−$2932.931% of the position

Long on Pacifica Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.209%−$21 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.010%, 7d avg −0.011%

Together, before fees−0.227%+ Points / potential airdropPacifica: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.021% dearer against Pacifica than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.011%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.099	0.0100	pay 0.0013% / 1h	45m 51s	$295K	$107K	10x
Short	dYdX AVAX-USD	11.100	0	get 0.0000% / 1h	45m 51s	$102K	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Pacifica. 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 PacificabpFee dYdXbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$21
Price spread: +0.010% → −0.011%: $2.14
Slippage, 4 orders: −$275.07
Fee Pacifica: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$311.94
Costs to cover: 2.931%
Break-even: never at this rate

Slippage from Pacifica: live order book, 22 min ago; dYdX: live order book, 23 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 Pacifica live order book, 22 min ago	4.91 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 23 min ago	130.74 bp	135.7 bp −$136	136.5 bp −$1,365	140.4 bp −$14.0K	162.5 bp −$81.2K

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	11.050	−0.443%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0110%	1h	11.095	−0.038%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0026%	1h	11.096	−0.024%	$288K	$525K	10x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	11.100	+0.010%	$102K	$105K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.093	−0.054%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0082%	8h	11.093	−0.056%	$12.1M	$36.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.093	−0.052%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.098	−0.011%	$18K	$600K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.095	−0.035%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.097	−0.023%	$2.3M	$1.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	11.099	long leg	$295K	$107K	10x
Binance AVAXUSDT	+0.0100%	8h	11.096	−0.029%	$118.1M	$471.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.096	−0.029%	$88.3M	$146.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.094	−0.047%	$19.8M	$127.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.093	−0.056%	$48.5M	$82.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.095	−0.038%	$15.4M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.093	−0.056%	$33.4M	$52.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.096	−0.029%	—	$83.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.096	−0.029%	$355K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.094	−0.049%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.127	+0.250%	$353K	$807K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.129	+0.268%	$179K	$682K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.098	−0.011%	$130K	$369K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.101	+0.016%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.126	+0.240%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.095	−0.038%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.094	−0.051%	$360K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.098	−0.011%	$29.6M	$5.4M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.093	−0.059%	$668K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.092	−0.068%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.117	+0.160%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.094	−0.048%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.099	−0.001%	$4.3M	$12.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.106	+0.061%	$909K	$6.1M	50x	as long as short
Hyperliquid AVAX	+0.0418%	1h	11.109	+0.088%	$43.3M	$48.0M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.093	−0.058%	$235K	—	120x	as long as short