AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.036%

Price spread now: Extended against Nado−0.119%7-day average −0.082% · 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−$29as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$5 on $10k

Price spread, last 3 days (all we have)−0.191%−$19 · spread now −0.119%, 7d avg −0.082%

Together, before fees−0.246%+ Points / potential airdropNado: Active · Extended: Active · farm board−$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.037% cheaper against Nado than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.082%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.055%, 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	11.281	−0.0008	get 0.0001% / 1h	32m 52s	$298K	$896K	10x
Short	Extended AVAX-USD	11.268	0.0104	get 0.0013% / 1h	32m 52s	$673K	$2.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.119%Rate

Funding earned: $23.62
Price spread: −0.119% → −0.082%: −$3.74
Slippage, 4 orders: −$13.64
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.75
Costs to cover: 0.256%
Break-even: 8.7 days

Slippage from Nado: live order book, 51 min ago; Extended: live order book, 1 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, 51 min ago	1.77 bp	9.3 bp −$9	19.8 bp −$198	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	2.22 bp	5.6 bp −$6	8.0 bp −$80	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	−0.0570%	1h	11.230	−0.456%	$17K	$151K	12x	as long as short
Variational Omni AVAX	−0.0025%	8h	11.253	−0.251%	$3.0M	$2.4M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0016%	1h	11.278	−0.031%	$5.4M	$9.2M	25x	as long as short
Nado AVAX-PERPlong	−0.0008%	1h	11.281	long leg	$298K	$896K	10x
dYdX AVAX-USD	0.0000%	1h	11.282	+0.005%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.279	−0.022%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.278	−0.027%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.280	−0.013%	$16K	$693K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.275	−0.059%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.271	−0.093%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.283	+0.013%	$300K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.273	−0.075%	$120.5M	$526.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.273	−0.075%	$88.4M	$157.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.273	−0.075%	$20.3M	$146.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.273	−0.075%	$12.6M	$40.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.271	−0.093%	$52.2M	$100.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.277	−0.040%	$16.7M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.275	−0.058%	$34.3M	$60.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.272	−0.084%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.277	−0.040%	$361K	$571K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.261	−0.181%	$360K	$898K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.267	−0.129%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.282	+0.004%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.287	+0.049%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.309	+0.248%	$12K	$729K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.276	−0.049%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.275	−0.053%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.273	−0.075%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USDshort	+0.0104%	1h	11.268	−0.119%	$673K	$2.2M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.280	−0.012%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.292	+0.093%	$912K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.275	−0.058%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.277	−0.039%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0402% / S −0.0246%	1h	11.278	−0.031%	$238K	—	120x	as long as short
Hyperliquid AVAX	+0.0606%	1h	11.294	+0.111%	$43.7M	$57.1M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0627%	1h	11.282	+0.007%	$4.6M	$13.5M	50x	as long as short