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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%
Price spread now: SoDEX against Nado+0.023%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.023% dearer against Nado than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AVAX-PERP10.8250.0002pay 0.0000% / 1h28m 08s$277K$289K10x
ShortSoDEX AVAX-USD10.8280.0004get 0.0001% / 1h28m 08s$18K$67K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0.37
Price spread: +0.023% → 0.000%
$2.31
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.32
Costs to cover
0.150%
Break-even
242.0 days
Slippage unknown: Nado: live order book, 18 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 18 min ago1.38 bp9.0 bp −$918.6 bp −$186doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AVAX−0.0150%8h10.806−0.180%$3.1M$2.0Mas long as short
Gate AVAX_USDT−0.0103%8h10.826+0.005%$14.6M$26.8M75xas long as short
Kraken Futures PF_AVAXUSD−0.0056%1h10.831+0.052%$3.7M$10.7M50xas long as short
Bybit AVAXUSDT−0.0053%8h10.822−0.032%$84.3M$131.0M75xas long as short
Phemex AVAXUSDT−0.0033%8h10.825−0.005%$28.9M$5.6M50xas long as short
dYdX AVAX-USD0.0000%1h10.824−0.015%$92K$100K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.829+0.032%$4.9M$6.6M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.830+0.038%$23K150xas long as short
Nado AVAX-PERPlong+0.0002%1h10.825long leg$277K$289K10x
SoDEX AVAX-USDshort+0.0004%1h10.828+0.023%$18K$67K10x
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−0.605%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0070%8h10.821−0.042%$19.1M$100.0M50xas long as short
MEXC AVAX_USDT+0.0090%8h10.825−0.005%$52.6M$69.7M200xas long as short
Binance AVAXUSDT+0.0091%8h10.827+0.012%$113.9M$369.8M75xas long as short
Lighter AVAX+0.0096%1h10.827+0.012%$1.2M$1.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.829+0.032%$22K$437K50xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.822−0.031%$12K$6220xas long as short
Hyperliquid AVAX+0.0100%1h10.834+0.079%$36.1M$37.3M10xas long as short
Aster AVAXUSDT+0.0100%8h10.828+0.023%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.829+0.032%$272K$87K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.829+0.032%$14.1M$18.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.825−0.005%$33.1M$42.9M75xas long as short
BingX AVAX-USDT+0.0100%8h10.823−0.023%$38.8Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.826+0.005%$394K$566K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.812−0.126%$345K$1.6M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.816−0.088%$154K$678K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.826+0.005%$62K$364K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.833+0.069%$234K$208K20xas long as short
SunX AVAX-USDT+0.0100%8h10.857+0.294%$12K$774K20xas long as short
HTX AVAX-USDT+0.0100%8h10.822−0.029%$324K$902K75xas long as short
Extended AVAX-USD+0.0104%1h10.820−0.047%$616K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.823−0.018%$249K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0208%1h10.822−0.032%$852K$5.0M50xas long as short
BloFin AVAX-USDT+0.0210%8h10.822−0.032%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.823−0.023%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0464% / S −0.0317%1h10.820−0.052%$239K120xas long as short