Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.026%
Price spread now: Nado against ApeX Omni+0.292%61s7-day average −0.026% · 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—prices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
Funding, last 3 days (all we have)−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.292%, 7d avg −0.026%
=Together, before fees−0.412%+ Points / potential airdropNado: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.318% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.026%): +$32 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.8 days. At the pace of the last 3 days (−0.036% in total) that is about 30 days. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni AVAXUSDT | 11.119 | 0.0100 | pay 0.0013% / 1h | 44m 07s | $179K | $673K | 50x |
| Short | Nado AVAX-PERP | 11.151 | −0.0020 | pay 0.0002% / 1h | 44m 07s | $287K | $373K | 10x |
ApeX Omni AVAXUSDT
Nado AVAX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.19
- Price spread: +0.292% → −0.026%
- $31.82
- Slippage, 4 orders
- −$30.82
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$41.19
- Costs to cover
- 0.478%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Nado: live order book, 14 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 ApeX Omni live order book, 14 min ago | 6.29 bp | 14.5 bp −$15 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell Nado live order book, 14 min ago | 1.35 bp | 8.8 bp −$9 | 18.1 bp −$181 | 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 | −0.1423% | 1h | 11.030 | −0.800% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERPshort | −0.0020% | 1h | 11.151 | +0.292% | $287K | $373K | 10x | |
| dYdX AVAX-USD | 0.0000% | 1h | 11.147 | +0.254% | $98K | $97K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 11.153 | +0.306% | $5.2M | $7.9M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.154 | +0.316% | $13K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.154 | +0.317% | $1.2M | $2.9M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.159 | +0.360% | $16K | $580K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.147 | +0.248% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.162 | +0.382% | $2.3M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.151 | +0.288% | $291K | $114K | 10x | as long as short |
Injective AVAX/USDC PERP
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AVAXUSDT | +0.0100% | 8h | 11.154 | +0.311% | $118.3M | $427.2M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.154 | +0.315% | $88.6M | $137.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.153 | +0.306% | $20.4M | $116.3M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.160 | +0.369% | $12.2M | $34.0M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.152 | +0.297% | $48.0M | $77.5M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.159 | +0.360% | $15.8M | $21.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.154 | +0.315% | $33.5M | $48.1M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.153 | +0.306% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.155 | +0.324% | $337K | $520K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.137 | +0.166% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.100 | −0.171% | $354K | $835K | 10x | as long as short |
| ApeX Omni AVAXUSDTlong | +0.0100% | 1h | 11.119 | long leg | $179K | $673K | 50x | |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.163 | +0.396% | $131K | $337K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.161 | +0.378% | $196K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.193 | +0.663% | $12K | $704K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.154 | +0.315% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.153 | +0.308% | $367K | $832K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.154 | +0.315% | $29.8M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.151 | +0.289% | $680K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.153 | +0.306% | $256K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0211% | 1h | 11.159 | +0.359% | $4.3M | $11.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.147 | +0.252% | $5.1M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 11.154 | +0.315% | $892K | $5.3M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.159 | +0.364% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.155 | +0.328% | $237K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0655% | 1h | 11.173 | +0.486% | $43.5M | $42.3M | 10x | as long as short |
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Kraken Futures PF_AVAXUSD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX