AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0310%/8h= −34.0% APRnext payment −$0.39 per $10,000 · paid last 24h −0.115%

Price spread now: SoDEX against Hyperliquid−0.072%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid 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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SoDEX is 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 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	Hyperliquid AVAX	11.123	0.0410	pay 0.0051% / 1h	28m 26s	$43.2M	$47.1M	10x
Short	SoDEX AVAX-USD	11.115	0.0100	get 0.0013% / 1h	28m 26s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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 HyperliquidbpFee SoDEXbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$65.14
Price spread: −0.072% → 0.000%: −$7.19
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$89.33
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 5 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 Hyperliquid live order book, 5 min ago	0.45 bp	6.5 bp −$6	14.1 bp −$141	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 35 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	11.080	−0.387%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0050%	1h	11.111	−0.103%	$286K	$509K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.113	−0.090%	$5.2M	$8.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.111	−0.106%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.115	−0.068%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0049%	8h	11.112	−0.099%	$12.1M	$36.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.104	−0.166%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.107	−0.144%	$15K	$594K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.112	−0.101%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.111	−0.109%	$2.3M	$1.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.111	−0.108%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.112	−0.099%	$118.4M	$461.0M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.114	−0.081%	$88.5M	$143.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.117	−0.054%	$19.9M	$124.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.111	−0.108%	$48.7M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.116	−0.063%	$15.5M	$22.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.113	−0.090%	$33.4M	$51.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.112	−0.099%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.114	−0.081%	$355K	$536K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.127	+0.034%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.117	−0.054%	$350K	$800K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.120	−0.027%	$179K	$679K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.113	−0.090%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.120	−0.027%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.139	+0.139%	$12K	$718K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.115	−0.072%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.094	−0.261%	$360K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.106	−0.153%	$29.6M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.112	−0.102%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.116	−0.060%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.109	−0.123%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.117	−0.056%	$4.3M	$11.9M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.104	−0.171%	$902K	$5.9M	50x	as long as short
Hyperliquid AVAXlong	+0.0410%	1h	11.123	long leg	$43.2M	$47.1M	10x
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.112	−0.095%	$236K	—	120x	as long as short