AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h −0.096%

Price spread now: Deribit against Nado+0.123%7-day average −0.030% · 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−$17as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.465%−$47 on $10k

Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.123%, 7d avg −0.030%

Together, before fees−0.748%+ Points / potential airdropNado: Active · farm board−$75 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.153% dearer against Nado than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.030%. Mind the row above: over the last 3 days funding on this pair cost −0.465%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.608	−0.0058	get 0.0007% / 1h	16m 20s	$285K	$340K	10x
Short	Deribit AVAX_USDC-PERPETUAL	10.621	0	get 0.0000% / 1h	16m 20s	$4.7M	$7.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.123%Rate

Funding earned: $12.2
Price spread: +0.123% → −0.030%: $15.25
Slippage, 4 orders: −$17.76
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$4.3
Costs to cover: 0.318%
Break-even: 9.5 days

Slippage from Nado: live order book, 31 min ago; Deribit: live order book, 3 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, 31 min ago	1.89 bp	10.3 bp −$10	23.3 bp −$233	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	1.41 bp	7.0 bp −$7	33.7 bp −$337	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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+1.433%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0281%	1h	10.629	+0.195%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERPlong	−0.0058%	1h	10.608	long leg	$285K	$340K	10x
Variational Omni AVAX	−0.0027%	8h	10.535	−0.691%	$2.7M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.620	+0.112%	$88K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUALshort	0.0000%	1h	10.621	+0.123%	$4.7M	$7.5M	25x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.621	+0.123%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0018%	8h	10.615	+0.066%	$12.3M	$32.9M	75x	as long as short
Bybit AVAXUSDT	+0.0064%	8h	10.614	+0.057%	$78.3M	$145.3M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0065%	1h	10.582	−0.245%	$419K	$588K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.625	+0.163%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.619	+0.104%	$18K	$437K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	10.618	+0.095%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.627	+0.179%	$37.5M	$44.5M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.619	+0.107%	$2.1M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.617	+0.082%	$266K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.621	+0.118%	$113.9M	$432.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.619	+0.104%	$18.7M	$112.5M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.621	+0.123%	$44.0M	$80.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.617	+0.085%	$13.2M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.620	+0.113%	$32.1M	$49.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.620	+0.113%	—	$54.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.614	+0.060%	$342K	$988K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.612	+0.038%	$171K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.619	+0.104%	$132K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.631	+0.217%	$215K	$338K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.649	+0.385%	$12K	$761K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.619	+0.104%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.607	−0.008%	$345K	$804K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.627	+0.179%	$28.3M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.615	+0.063%	$636K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.620	+0.113%	$244K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.620	+0.113%	$934K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.584	−0.226%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.616	+0.074%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.618	+0.094%	$232K	—	120x	as long as short