AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.15 per $10,000 · paid last 24h −0.054%

Price spread now: Nado against Coinbase International−0.149%7-day average −0.056% · 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−$55as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.127%−$13 on $10k

Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.149%, 7d avg −0.056%

Together, before fees+0.154%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.093% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	10.730	0.0216	pay 0.0027% / 1h	55m 13s	$879K	$4.7M	50x
Short	Nado AVAX-PERP	10.714	0.0100	get 0.0012% / 1h	55m 13s	$281K	$311K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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 Coinbase InternationalbpFee NadobpOrdersPrice spread, now −0.149%Rate

Funding earned: −$24.36
Price spread: −0.149% → −0.056%: −$9.34
Slippage, 4 orders: −$28.27
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$78.97
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Nado: live order book, 57 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 Coinbase International live order book, 4 min ago	4.19 bp	14.5 bp −$15	21.7 bp −$217	doesn't fit	doesn't fit
Sell Nado live order book, 57 min ago	1.82 bp	8.5 bp −$8	16.6 bp −$166	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	10.760	+0.280%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.715	−0.137%	$4.1M	$11.1M	50x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0217%	1h	10.710	−0.186%	$4.8M	$7.5M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.717	−0.122%	$94K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.712	−0.168%	$12K	—	150x	as long as short
Polymarket Perps AVAX-USD	+0.0006%	1h	10.708	−0.205%	$132K	$343K	10x	as long as short
Gate AVAX_USDT	+0.0035%	8h	10.708	−0.205%	$12.1M	$31.3M	75x	as long as short
Variational Omni AVAX	+0.0052%	8h	10.727	−0.031%	$2.8M	$2.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0089%	1h	10.730	0.000%	$376K	$530K	15x	as long as short
Lighter AVAX	+0.0096%	1h	10.711	−0.177%	$1.2M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.708	−0.205%	$9K	$441K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.715	−0.136%	$12K	$212	20x	as long as short
Nado AVAX-PERPshort	+0.0100%	1h	10.714	−0.149%	$281K	$311K	10x
Hyperliquid AVAX	+0.0100%	1h	10.719	−0.106%	$40.3M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.711	−0.177%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.718	−0.113%	$270K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.712	−0.166%	$111.9M	$421.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.703	−0.252%	$79.8M	$142.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.711	−0.177%	$19.2M	$109.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.710	−0.186%	$43.5M	$78.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.709	−0.196%	$14.7M	$22.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.708	−0.205%	$31.8M	$48.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.708	−0.205%	—	$6.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.726	−0.041%	$338K	$950K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.727	−0.028%	$173K	$665K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.717	−0.121%	$188K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.736	+0.058%	$11K	$731K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.711	−0.177%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.710	−0.191%	$356K	$780K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.720	−0.093%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.706	−0.228%	$664K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.711	−0.173%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0216%	1h	10.730	long leg	$879K	$4.7M	50x
BloFin AVAX-USDT	+0.0220%	8h	10.705	−0.233%	$4.8M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.703	−0.249%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.712	−0.171%	$234K	—	120x	as long as short