AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.132%

Price spread now: SoDEX against Deribit+0.036%7-day average — · you sell dearer than you buy

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

Long on Deribit 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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and SoDEX is 0.036% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	11.248	−0.0105	get 0.0013% / 1h	47m 21s	$5.3M	$8.9M	25x
Short	SoDEX AVAX-USD	11.252	0.0100	get 0.0013% / 1h	47m 21s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now +0.036%Rate

Funding earned: $43.15
Price spread: +0.036% → 0.000%: $3.56
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $31.71
Costs to cover: 0.150%
Break-even: 1.9 days

Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago	1.78 bp	7.5 bp −$8	doesn't fit	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	−0.1451%	1h	11.200	−0.427%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0105%	1h	11.248	long leg	$5.3M	$8.9M	25x
Nado AVAX-PERP	−0.0083%	1h	11.243	−0.040%	$297K	$885K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.244	−0.040%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.247	−0.010%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0051%	8h	11.270	+0.196%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.251	+0.023%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.241	−0.062%	$18K	$677K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.243	−0.042%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.245	−0.031%	$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	11.251	+0.023%	$299K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.244	−0.037%	$120.5M	$518.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.247	−0.009%	$89.5M	$156.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.247	−0.009%	$20.2M	$144.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.240	−0.071%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.242	−0.053%	$51.7M	$93.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.246	−0.018%	$15.8M	$24.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.250	+0.018%	$34.3M	$59.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.243	−0.044%	—	$86.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.245	−0.027%	$360K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.249	+0.006%	$359K	$864K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.276	+0.249%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.242	−0.053%	$134K	$439K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.258	+0.089%	$205K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.272	+0.212%	$12K	$733K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.252	+0.036%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.207	−0.361%	$362K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.253	+0.044%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.246	−0.018%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.246	−0.013%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.243	−0.044%	$5.0M	$7.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.239	−0.084%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.258	+0.089%	$4.6M	$13.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.263	+0.133%	$917K	$8.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0418% / S −0.0270%	1h	11.243	−0.047%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0837%	1h	11.260	+0.108%	$43.7M	$55.3M	10x	as long as short