Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.032%
Price spread now: ApeX Omni against Nado+0.131%61s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.474% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.041%+$4 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.131%, 7d avg +0.030%
Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and ApeX Omni is 0.101% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.041% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AVAX-PERP10.691−0.0176get 0.0022% / 1h31m 55s$285K$339K10x
ShortApeX Omni AVAXUSDT10.7050.0100get 0.0013% / 1h31m 55s$173K$663K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
$57.94
Price spread: +0.131% → +0.030%
$10.11
Slippage, 4 orders
−$30.39
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$20.66
Costs to cover
0.474%
Break-even
4.5 days
Slippage from Nado: live order book, 11 min ago; ApeX Omni: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 11 min ago0.47 bp9.8 bp −$1020.9 bp −$209doesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago6.54 bp14.5 bp −$1569.7 bp −$697doesn't fitdoesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AVAX-PERPlong−0.0176%1h10.691long leg$285K$339K10x
Variational Omni AVAX−0.0045%8h10.676−0.144%$2.8M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.700+0.085%$89K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.695+0.037%$4.8M$7.1M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.695+0.042%$12K150xas long as short
Gate AVAX_USDT+0.0028%8h10.6910.000%$12.7M$32.2M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.645%$17K$152K12xas long as short
Paradex AVAX-USD-PERP+0.0087%8h10.691+0.004%$12K$21220xas long as short
Bybit AVAXUSDT+0.0092%8h10.686−0.047%$81.0M$146.4M75xas long as short
SoDEX AVAX-USD+0.0094%1h10.692+0.009%$18K$72K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.693+0.020%$1.2M$2.5M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.689−0.019%$23K$424K50xas long as short
Hyperliquid AVAX+0.0100%1h10.697+0.061%$37.3M$44.0M10xas long as short
Aster AVAXUSDT+0.0100%8h10.688−0.025%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.697+0.056%$269K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.6910.000%$113.6M$425.0M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.687−0.037%$18.7M$112.2M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.687−0.037%$45.1M$80.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.690−0.009%$13.6M$23.0M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.687−0.037%$32.3M$48.8M75xas long as short
BingX AVAX-USDT+0.0100%8h10.688−0.028%$54.4Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.696+0.047%$436K$565K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.701+0.091%$340K$1.1M10xas long as short
ApeX Omni AVAXUSDTshort+0.0100%1h10.705+0.131%$173K$663K50x
Polymarket Perps AVAX-USD+0.0100%1h10.690−0.009%$136K$352K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.701+0.094%$230K$346K20xas long as short
SunX AVAX-USDT+0.0100%8h10.722+0.287%$11K$764K20xas long as short
HTX AVAX-USDT+0.0100%8h10.694+0.033%$336K$872K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.692+0.009%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.681−0.094%$609K$1.5M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.691−0.005%$246K3xas long as short
Kraken Futures PF_AVAXUSD+0.0113%1h10.700+0.080%$4.2M$11.3M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.694+0.028%$930K$5.0M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.700+0.084%$4.6M$5.6M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.683−0.072%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0295%1h10.697+0.052%$226K120xas long as short