AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0643%/8h= +70.4% APRnext payment +$0.80 per $10,000 · paid last 24h +0.073%

Price spread now: Reya against Nado−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Reya

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.128% cheaper against Nado than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 16 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.727	−0.0398	get 0.0050% / 1h	58m 01s	$287K	$340K	10x
Short	Reya AVAXRUSDPERP	10.713	0.0245	get 0.0031% / 1h	58m 01s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.128%Rate

Funding earned: $135.04
Price spread: −0.128% → 0.000%: −$12.83
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $109.21
Costs to cover: 0.130%
Break-even: 1.3 days

Slippage unknown: Nado: live order book, 50 min ago; Reya: 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 Nado live order book, 50 min ago	1.89 bp	10.3 bp −$10	23.3 bp −$233	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Nado AVAX-PERPlong	−0.0398%	1h	10.727	long leg	$287K	$340K	10x
Variational Omni AVAX	−0.0030%	8h	10.718	−0.088%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.726	−0.010%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.722	−0.047%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.721	−0.056%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.308%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0038%	8h	10.720	−0.065%	$12.7M	$31.9M	75x	as long as short
Bybit AVAXUSDT	+0.0087%	8h	10.719	−0.075%	$82.1M	$149.1M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.721	−0.059%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.727	0.000%	$23K	$437K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0097%	8h	10.722	−0.047%	$12K	$212	20x	as long as short
SoDEX AVAX-USD	+0.0097%	1h	10.718	−0.084%	$18K	$72K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.730	+0.028%	$37.6M	$44.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.722	−0.051%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.724	−0.031%	$269K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.721	−0.056%	$114.2M	$432.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.717	−0.093%	$18.8M	$114.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.722	−0.047%	$45.6M	$80.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.720	−0.065%	$13.7M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.719	−0.075%	$32.5M	$49.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.720	−0.065%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.723	−0.037%	$428K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.722	−0.048%	$345K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.723	−0.037%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.726	−0.009%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.727	0.000%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.748	+0.197%	$11K	$767K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.719	−0.079%	$343K	$879K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.723	−0.037%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.716	−0.104%	$612K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.714	−0.117%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.726	−0.010%	$4.2M	$11.5M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.065%	$933K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.715	−0.112%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERPshort	+0.0245%	1h	10.713	−0.128%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.727	−0.002%	$227K	—	120x	as long as short