AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.26 per $10,000 · paid last 24h +0.015%

Price spread now: Aevo against Nado−0.002%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$1,125as in the Price arb table

costs, in and out, $10k−$1,12811.276% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.027%+$3 on $10k

Price spread, last 3 days (all we have)−0.261%−$26 · spread now −0.002%, 7d avg −0.028%

Together, before fees−0.234%+ Points / potential airdropNado: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aevo is 0.025% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.028%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.027% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	11.274	−0.0100	get 0.0013% / 1h	28m 39s	$298K	$960K	10x
Short	Aevo AVAX-PERP	11.274	0.0104	get 0.0013% / 1h	28m 39s	$259K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now −0.002%Rate

Funding earned: $42.85
Price spread: −0.002% → −0.028%: $2.53
Slippage, 4 orders: −$1,104.56
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,082.18
Costs to cover: 11.276%
Break-even: 183.8 days

Slippage from Nado: live order book, 59 min ago; Aevo: live order book, 60 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 Nado live order book, 59 min ago	1.36 bp	10.2 bp −$10	22.2 bp −$222	doesn't fit	doesn't fit
Sell Aevo live order book, 60 min ago	256.32 bp	547.6 bp −$548	doesn't fit	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
Variational Omni AVAX	−0.0142%	8h	11.251	−0.202%	$2.9M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.276	+0.020%	$5.3M	$9.4M	25x	as long as short
Nado AVAX-PERPlong	−0.0100%	1h	11.274	long leg	$298K	$960K	10x
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−1.541%	$17K	$127K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.272	−0.020%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.278	+0.036%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0024%	1h	11.266	−0.066%	$672K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.282	+0.073%	$914K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0058%	8h	11.267	−0.060%	$12.6M	$40.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0060%	8h	11.267	−0.060%	$20.0M	$148.2M	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	11.265	−0.078%	$30.2M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0079%	8h	11.266	−0.069%	$55.3M	$109.5M	200x	as long as short
Binance AVAXUSDT	+0.0082%	8h	11.265	−0.077%	$120.8M	$537.9M	75x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	11.269	−0.042%	$88.1M	$153.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.267	−0.060%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.268	−0.051%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.266	−0.072%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.270	−0.033%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.269	−0.040%	$299K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.268	−0.051%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.271	−0.024%	$34.7M	$61.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.268	−0.051%	—	$90.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.267	−0.060%	$334K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.243%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.249	−0.220%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.274	+0.002%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.284	+0.091%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.300	+0.229%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.272	−0.016%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.270	−0.038%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	11.274	−0.002%	$259K	—	3x
BloFin AVAX-USDT	+0.0200%	8h	11.263	−0.095%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.269	−0.042%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.281	+0.063%	$4.7M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.276	+0.017%	$243K	—	120x	as long as short
Hyperliquid AVAX	+0.0554%	1h	11.286	+0.105%	$43.7M	$58.5M	10x	as long as short