AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h +0.041%

Price spread now: Nado against Extended+0.100%7-day average +0.082% · 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−$28as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.057%+$6 on $10k

Price spread, last 3 days (all we have)+0.273%+$27 · spread now +0.100%, 7d avg +0.082%

Together, before fees+0.330%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.057%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.282	0.0024	pay 0.0003% / 1h	27m 13s	$672K	$2.3M	25x
Short	Nado AVAX-PERP	11.293	−0.0096	pay 0.0012% / 1h	27m 13s	$298K	$960K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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 ExtendedbpFee NadobpOrdersPrice spread, now +0.100%Rate

Funding earned: −$25.18
Price spread: +0.100% → +0.082%: $1.77
Slippage, 4 orders: −$17.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$52.85
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Nado: live order book, 61 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 Extended live order book, 1 min ago	0.89 bp	6.0 bp −$6	8.2 bp −$82	doesn't fit	doesn't fit
Sell Nado live order book, 61 min ago	1.36 bp	6.5 bp −$7	16.9 bp −$169	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
Deribit AVAX_USDC-PERPETUAL	−0.0193%	1h	11.284	+0.016%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0142%	8h	11.251	−0.277%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERPshort	−0.0096%	1h	11.293	+0.100%	$298K	$960K	10x
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.197%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.280	−0.018%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.287	+0.041%	$13K	—	150x	as long as short
Extended AVAX-USDlong	+0.0024%	1h	11.282	long leg	$672K	$2.3M	25x
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.294	+0.105%	$915K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0061%	8h	11.283	+0.007%	$12.6M	$40.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0061%	8h	11.286	+0.034%	$20.1M	$148.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0065%	8h	11.284	+0.016%	$30.3M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0082%	8h	11.288	+0.051%	$55.4M	$109.6M	200x	as long as short
Binance AVAXUSDT	+0.0083%	8h	11.284	+0.017%	$121.0M	$537.3M	75x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	11.288	+0.051%	$88.8M	$154.1M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.286	+0.035%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.292	+0.087%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.278	−0.037%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.297	+0.129%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.283	+0.011%	$300K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.287	+0.043%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.290	+0.069%	$35.0M	$61.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.287	+0.043%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.289	+0.060%	$335K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.318%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.249	−0.294%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.299	+0.149%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.292	+0.087%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.321	+0.341%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.284	+0.016%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.278	−0.039%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.286	+0.034%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0203%	8h	11.294	+0.105%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.295	+0.115%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.294	+0.100%	$4.7M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.295	+0.115%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0568%	1h	11.308	+0.229%	$43.7M	$58.5M	10x	as long as short