AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.028%

Price spread now: Coinbase International against Popdex+0.075%7-day average +0.052% · 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−$36as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.103%+$10 on $10k

Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.075%, 7d avg +0.052%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against Popdex than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex AVAXUSDT	10.709	0.0096	pay 0.0012% / 1h	11m 30s	$25K	$468K	50x
Short	Coinbase International AVAX-PERP-INTX	10.717	0.0224	get 0.0028% / 1h	11m 30s	$852K	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.075%Rate

Funding earned: $26.88
Price spread: +0.075% → +0.052%: $2.27
Slippage, 4 orders: −$21.64
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$8.89
Costs to cover: 0.380%
Break-even: 9.3 days

Slippage from Popdex: live order book, 27 min ago; Coinbase International: live order book, 2 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, 27 min ago	1.87 bp	6.6 bp −$7	18.1 bp −$181	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	2.80 bp	10.6 bp −$11	16.7 bp −$167	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
Nado AVAX-PERP	−0.0193%	1h	10.707	−0.023%	$289K	$328K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.708	−0.011%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.711	+0.017%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.712	+0.024%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.709	0.000%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.706	−0.031%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0010%	8h	10.706	−0.028%	$13.2M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.476%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.705	−0.039%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.707	−0.019%	$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	10.709	long leg	$25K	$468K	50x
Hyperliquid AVAX	+0.0100%	1h	10.717	+0.075%	$36.7M	$41.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.708	−0.007%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.711	+0.019%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.704	−0.043%	$113.3M	$405.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.702	−0.065%	$81.7M	$139.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.703	−0.056%	$18.8M	$107.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.708	−0.009%	$52.7M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.707	−0.019%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.708	−0.009%	$32.6M	$46.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.707	−0.019%	—	$53.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.710	+0.009%	$437K	$546K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.715	+0.056%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.720	+0.103%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.710	+0.009%	$134K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.712	+0.028%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.743	+0.319%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.706	−0.028%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.706	−0.033%	$326K	$859K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.709	0.000%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.707	−0.015%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.708	−0.006%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.712	+0.028%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0224%	1h	10.717	+0.075%	$852K	$4.7M	50x
Reya AVAXRUSDPERP	+0.0245%	1h	10.707	−0.022%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.715	+0.056%	$226K	—	120x	as long as short