AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0062%/8h= −6.7% APRnext payment −$0.62 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against SunX−0.364%7-day average −0.301% · you buy dearer than you sell

Net, funding: paid 7d − costs−$182as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$1741.743% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.364%, 7d avg −0.301%

Together, before fees+0.135%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.063% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.301%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	10.954	0.0100	pay 0.0100% / 8h	4h 31m	$12K	$769K	20x
Short	OKX AVAX-USDT-SWAP	10.914	0.0038	get 0.0038% / 8h	4h 31m	$19.4M	$97.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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 SunXbpFee OKXbpOrdersPrice spread, now −0.364%Rate

Funding earned: −$12.92
Price spread: −0.364% → −0.301%: −$6.32
Slippage, 4 orders: −$156.27
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$193.51
Costs to cover: 1.743%
Break-even: never at this rate

Slippage from SunX: live order book, 64 min ago; OKX: 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 SunX live order book, 64 min ago	41.89 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.46 bp	8.0 bp −$8	15.8 bp −$158	39.0 bp −$3,898	doesn't fit

AVAX on 36 exchanges

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
Variational Omni AVAX	−0.0168%	8h	10.914	−0.361%	$3.1M	$1.9M	—	as long as short
Kraken Futures PF_AVAXUSD	−0.0113%	1h	10.920	−0.313%	$3.8M	$10.3M	50x	as long as short
Gate AVAX_USDT	−0.0101%	8h	10.916	−0.346%	$15.0M	$24.9M	75x	as long as short
Bybit AVAXUSDT	−0.0092%	8h	10.911	−0.392%	$85.2M	$127.8M	75x	as long as short
Polymarket Perps AVAX-USD	−0.0040%	1h	10.922	−0.291%	$60K	$338K	10x	as long as short
Phemex AVAXUSDT	−0.0010%	8h	10.919	−0.319%	$29.1M	$5.4M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.927	−0.245%	$93K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.927	−0.246%	$5.0M	$6.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.927	−0.246%	$24K	—	150x	as long as short
Nado AVAX-PERP	+0.0019%	1h	10.922	−0.287%	$278K	$256K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.770%	$17K	$151K	12x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0038%	8h	10.914	−0.364%	$19.4M	$97.2M	50x
Paradex AVAX-USD-PERP	+0.0094%	8h	10.924	−0.276%	$12K	$62	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.918	−0.330%	$1.2M	$1.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.924	−0.273%	$22K	$424K	50x	as long as short
MEXC AVAX_USDT	+0.0097%	8h	10.914	−0.364%	$54.3M	$67.0M	200x	as long as short
Binance AVAXUSDT	+0.0098%	8h	10.915	−0.355%	$115.0M	$353.4M	75x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.917	−0.341%	$2.3M	$1.2M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.928	−0.233%	$275K	$86K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.916	−0.346%	$14.3M	$18.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.912	−0.383%	$33.4M	$41.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.912	−0.383%	—	$37.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.914	−0.364%	$388K	$556K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.923	−0.278%	$343K	$1.6M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.929	−0.227%	$156K	$679K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.934	−0.182%	$239K	$211K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	10.954	long leg	$12K	$769K	20x
SoDEX AVAX-USD	+0.0100%	1h	10.916	−0.346%	$19K	$65K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.923	−0.278%	$329K	$894K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.910	−0.404%	$621K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.912	−0.378%	$251K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.924	−0.273%	$857K	$4.8M	50x	as long as short
Hyperliquid AVAX	+0.0213%	1h	10.928	−0.236%	$36.6M	$32.0M	10x	as long as short
BloFin AVAX-USDT	+0.0218%	8h	10.919	−0.319%	$4.7M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.921	−0.296%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0464% / S −0.0317%	1h	10.927	−0.247%	$242K	—	120x	as long as short