AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.12 per $10,000 · paid last 24h −0.055%

Price spread now: SoDEX against Coinbase International−0.124%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.124% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	11.255	0.0192	pay 0.0024% / 1h	28m 13s	$909K	$8.3M	50x
Short	SoDEX AVAX-USD	11.241	0.0100	get 0.0013% / 1h	28m 13s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$19.32
Price spread: −0.124% → 0.000%: −$12.44
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$49.76
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 1 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 1 min ago	3.55 bp	11.7 bp −$12	17.0 bp −$170	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0570%	1h	11.210	−0.400%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0284%	1h	11.234	−0.187%	$5.3M	$9.2M	25x	as long as short
Nado AVAX-PERP	−0.0027%	1h	11.256	+0.009%	$297K	$895K	10x	as long as short
Variational Omni AVAX	−0.0016%	8h	11.259	+0.036%	$3.0M	$2.4M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	11.272	+0.154%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.252	−0.028%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.243	−0.102%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.271	+0.142%	$16K	$691K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.268	+0.115%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.256	+0.013%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.271	+0.144%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.243	−0.110%	$120.3M	$526.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.244	−0.098%	$88.8M	$157.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.244	−0.098%	$20.2M	$146.3M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.258	+0.027%	$12.6M	$40.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.241	−0.124%	$52.2M	$100.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.246	−0.080%	$16.2M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.241	−0.124%	$34.2M	$60.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.249	−0.053%	—	$89.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.271	+0.142%	$360K	$570K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.257	+0.021%	$360K	$898K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.282	+0.240%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.258	+0.027%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.252	−0.027%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.297	+0.377%	$12K	$731K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.241	−0.124%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.242	−0.120%	$362K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.243	−0.107%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.240	−0.134%	$673K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.243	−0.105%	$258K	—	3x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0192%	1h	11.255	long leg	$909K	$8.3M	50x
BloFin AVAX-USDT	+0.0220%	8h	11.266	+0.098%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.250	−0.047%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0404% / S −0.0248%	1h	11.251	−0.037%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0619%	1h	11.270	+0.133%	$43.6M	$57.2M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.245	−0.091%	$4.6M	$13.5M	50x	as long as short