Funding you earn now, next payment 07:00 UTC−0.0269%/8h= −29.5% APRpaid last 24h −0.017%
Price spread now: Nado against Binance−0.010%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 3 days (all we have)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.010%, 7d avg +0.014%
=Together, before fees+0.114%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.024% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAXUSDT | 10.682 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $113.4M | $425.7M | 75x |
| Short | Nado AVAX-PERP | 10.681 | −0.0169 | pay 0.0021% / 1h | 35m 57s | $285K | $339K | 10x |
Binance AVAXUSDT
Nado AVAX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Binance. 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
- −$56.54
- Price spread: −0.010% → +0.014%
- −$2.4
- Slippage, 4 orders
- −$14.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$90.93
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Nado: live order book, 7 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 Binance live order book, 8 min ago | 0.47 bp | 6.7 bp −$7 | 14.1 bp −$141 | 37.2 bp −$3,719 | 136.5 bp −$68.2K |
| Sell Nado live order book, 7 min ago | 0.47 bp | 8.9 bp −$9 | 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-PERPshort | −0.0169% | 1h | 10.681 | −0.010% | $285K | $339K | 10x | |
| Variational Omni AVAX | −0.0045% | 8h | 10.676 | −0.061% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.682 | −0.004% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.677 | −0.048% | $4.8M | $7.2M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.677 | −0.044% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0029% | 8h | 10.676 | −0.057% | $12.7M | $32.2M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.729% | $17K | $152K | 12x | as long as short |
| Paradex AVAX-USD-PERP | +0.0089% | 8h | 10.689 | +0.064% | $12K | $212 | 20x | as long as short |
| Bybit AVAXUSDT | +0.0092% | 8h | 10.679 | −0.029% | $81.0M | $146.6M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.676 | −0.057% | $1.2M | $2.5M | 10x | as long as short |
Variational Omni AVAX
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
Paradex AVAX-USD-PERP
Bybit AVAXUSDT
Lighter AVAXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.0096% | 1h | 10.679 | −0.029% | $22K | $428K | 50x | as long as short |
| SoDEX AVAX-USD | +0.0097% | 1h | 10.676 | −0.057% | $18K | $72K | 10x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.685 | +0.027% | $37.3M | $44.0M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.684 | +0.021% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.693 | +0.105% | $268K | $129K | 10x | as long as short |
| Binance AVAXUSDTlong | +0.0100% | 8h | 10.682 | long leg | $113.4M | $425.7M | 75x | |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.680 | −0.020% | $18.7M | $112.3M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.682 | −0.001% | $45.3M | $80.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.678 | −0.038% | $13.6M | $23.0M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.682 | −0.001% | $32.3M | $48.8M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.679 | −0.029% | — | $54.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.679 | −0.029% | $435K | $565K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.699 | +0.163% | $342K | $1.1M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.704 | +0.205% | $173K | $663K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.677 | −0.048% | $135K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.682 | −0.001% | $230K | $346K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.705 | +0.211% | $11K | $765K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.668 | −0.128% | $335K | $872K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.678 | −0.038% | $28.5M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.672 | −0.091% | $609K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.675 | −0.067% | $245K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0113% | 1h | 10.682 | −0.005% | $4.2M | $11.3M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.694 | +0.111% | $930K | $5.0M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.690 | +0.074% | $4.6M | $5.6M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.669 | −0.119% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.678 | −0.038% | $226K | — | 120x | as long as short |
Popdex AVAXUSDT
SoDEX AVAX-USD
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]