AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.049%

Price spread now: Extended against Pacifica−0.087%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now −0.087%, 7d avg −0.070%

Together, before fees−0.138%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.253	0.0100	pay 0.0013% / 1h	42m 53s	$299K	$118K	10x
Short	Extended AVAX-USD	11.243	0.0104	get 0.0013% / 1h	42m 53s	$672K	$2.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.087%Rate

Funding earned: $0.84
Price spread: −0.087% → −0.070%: −$1.76
Slippage, 4 orders: −$20.71
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$34.63
Costs to cover: 0.337%
Break-even: 295.6 days

Slippage from Pacifica: live order book, 35 min ago; Extended: live order book, 1 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, 35 min ago	6.22 bp	10.8 bp −$11	20.3 bp −$203	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.44 bp	5.4 bp −$5	7.0 bp −$70	doesn't fit	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	−0.1451%	1h	11.200	−0.469%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.237	−0.140%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0090%	1h	11.246	−0.060%	$297K	$885K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.253	−0.002%	$104K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.244	−0.078%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0062%	8h	11.258	+0.047%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.250	−0.023%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.244	−0.078%	$18K	$676K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.245	−0.067%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.249	−0.034%	$2.3M	$1.8M	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	11.253	long leg	$299K	$118K	10x
Binance AVAXUSDT	+0.0100%	8h	11.246	−0.060%	$120.3M	$517.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.246	−0.060%	$89.4M	$155.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.246	−0.060%	$20.2M	$144.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.245	−0.069%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.247	−0.051%	$52.2M	$93.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.251	−0.016%	$15.8M	$24.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.247	−0.051%	$34.3M	$59.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.247	−0.051%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.248	−0.043%	$360K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.060%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.250	−0.025%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.246	−0.060%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.251	−0.016%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.274	+0.189%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.239	−0.122%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.246	−0.056%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.247	−0.051%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USDshort	+0.0104%	1h	11.243	−0.087%	$672K	$2.1M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.238	−0.129%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.248	−0.043%	$5.0M	$7.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.242	−0.095%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.251	−0.016%	$4.6M	$13.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	+0.011%	$917K	$8.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0420% / S −0.0272%	1h	11.243	−0.085%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0856%	1h	11.266	+0.117%	$43.7M	$55.3M	10x	as long as short