AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Popdex+0.070%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$884as in the Price arb table

costs, in and out, $10k−$8948.941% of the position

Long on Popdex Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.070%, 7d avg −0.034%

Together, before fees−0.159%−$16 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: Aevo is 0.104% dearer against Popdex than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex AVAXUSDT	10.703	0.0096	pay 0.0012% / 1h	16m 42s	$25K	$468K	50x
Short	Aevo AVAX-PERP	10.710	0.0104	get 0.0013% / 1h	16m 42s	$246K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Popdex. 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 PopdexbpFee AevobpOrdersPrice spread, now +0.070%Rate

Funding earned: $1.68
Price spread: +0.070% → −0.034%: $10.36
Slippage, 4 orders: −$871.68
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$882.03
Costs to cover: 8.941%
Break-even: 3682.1 days

Slippage from Popdex: live order book, 22 min ago; Aevo: live order book, 22 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 Popdex live order book, 22 min ago	1.87 bp	6.6 bp −$7	18.1 bp −$181	doesn't fit	doesn't fit
Sell Aevo live order book, 22 min ago	217.59 bp	444.7 bp −$445	doesn't fit	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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.713	+0.094%	$3.8M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0176%	1h	10.704	+0.005%	$289K	$329K	10x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.667	−0.340%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.723	+0.186%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.713	+0.093%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.712	+0.088%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.719	+0.149%	$13.2M	$30.8M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.533%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0091%	8h	10.721	+0.168%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.721	+0.169%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDTlong	+0.0096%	1h	10.703	long leg	$25K	$468K	50x
Hyperliquid AVAX	+0.0100%	1h	10.730	+0.252%	$36.8M	$41.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.722	+0.176%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.725	+0.206%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.722	+0.174%	$113.4M	$406.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.717	+0.131%	$81.9M	$139.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.716	+0.121%	$18.8M	$108.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.721	+0.168%	$52.8M	$80.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.717	+0.131%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.720	+0.159%	$32.5M	$46.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.721	+0.168%	—	$53.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.719	+0.149%	$437K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.702	−0.009%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.703	0.000%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.706	+0.028%	$134K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.719	+0.149%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	+0.291%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.711	+0.075%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.725	+0.209%	$326K	$863K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.713	+0.093%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.715	+0.114%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	10.710	+0.070%	$246K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	10.705	+0.019%	$4.7M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.712	+0.084%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.705	+0.017%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.711	+0.079%	$226K	—	120x	as long as short