Funding you earn now, next payment 05:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.033%
Price spread now: SoDEX against Kraken Futures−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AVAXUSD | 11.009 | 0.0020 | pay 0.0002% / 1h | 49m 06s | $4.3M | $11.3M | 50x |
| Short | SoDEX AVAX-USD | 11.007 | 0.0100 | get 0.0013% / 1h | 49m 06s | $18K | $71K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $16.9
- Price spread: −0.018% → 0.000%
- −$1.84
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$2.94
- Costs to cover
- 0.180%
- Break-even
- 8.2 days
Slippage unknown: Kraken Futures: 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 Kraken Futures live order book, 5 min ago | 3.64 bp | 12.9 bp −$13 | 15.2 bp −$152 | 59.7 bp −$5,970 | 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 | −0.1421% | 1h | 10.960 | −0.445% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0023% | 1h | 11.000 | −0.082% | $5.1M | $7.8M | 25x | as long as short |
| Nado AVAX-PERP | −0.0018% | 1h | 11.005 | −0.037% | $286K | $319K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.005 | −0.041% | $96K | $97K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.001 | −0.073% | $12K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSDlong | +0.0020% | 1h | 11.009 | long leg | $4.3M | $11.3M | 50x | |
| ApeX Omni AVAXUSDT | +0.0084% | 1h | 11.008 | −0.009% | $177K | $671K | 50x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.002 | −0.065% | $1.2M | $2.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.000 | −0.082% | $15K | $458K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.003 | −0.059% | $12K | $212 | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AVAXUSDT | +0.0100% | 8h | 11.003 | −0.055% | $2.2M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.007 | −0.018% | $277K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.998 | −0.102% | $116.2M | $428.4M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.990 | −0.173% | $84.0M | $140.9M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.994 | −0.136% | $20.2M | $114.0M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.003 | −0.055% | $12.1M | $32.2M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.000 | −0.082% | $45.9M | $78.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.010 | +0.009% | $15.5M | $21.8M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.993 | −0.146% | $33.1M | $47.7M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.996 | −0.118% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.000 | −0.082% | $370K | $548K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.001 | −0.077% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.010 | +0.008% | $345K | $891K | 10x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.000 | −0.082% | $129K | $345K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.006 | −0.027% | $193K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.029 | +0.181% | $12K | $720K | 20x | as long as short |
| SoDEX AVAX-USDshort | +0.0100% | 1h | 11.007 | −0.018% | $18K | $71K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.005 | −0.041% | $366K | $791K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.006 | −0.027% | $29.4M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.996 | −0.114% | $678K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.999 | −0.087% | $253K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.002 | −0.064% | $5.0M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 11.014 | +0.045% | $896K | $5.2M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.993 | −0.143% | $1K | — | 20x | as long as short |
| Hyperliquid AVAX | +0.0393% | 1h | 11.016 | +0.063% | $42.7M | $41.6M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.000 | −0.079% | $233K | — | 120x | as long as short |
Kraken Futures PF_AVAXUSD
SoDEX AVAX-USD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
ApeX Omni AVAXUSDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]