Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.057%
Price spread now: Coinbase International against SoDEX−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Funding pays, the price is against you. Coinbase International is 0.045% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 28 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 11.012 | 0.0100 | pay 0.0013% / 1h | 52m 42s | $19K | $71K | 10x |
| Short | Coinbase International AVAX-PERP-INTX | 11.007 | 0.0232 | get 0.0029% / 1h | 52m 42s | $896K | $5.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $27.72
- Price spread: −0.045% → 0.000%
- −$4.54
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.18
- Costs to cover
- 0.180%
- Break-even
- 5.7 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 6 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 6 min ago | 2.73 bp | 11.0 bp −$11 | 16.9 bp −$169 | doesn't fit | doesn't fit |
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 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 | −0.1421% | 1h | 10.950 | −0.563% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0022% | 1h | 11.012 | 0.000% | $5.1M | $7.9M | 25x | as long as short |
| Nado AVAX-PERP | −0.0004% | 1h | 11.007 | −0.050% | $286K | $318K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.016 | +0.032% | $96K | $97K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.013 | +0.010% | $12K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0020% | 1h | 11.015 | +0.030% | $4.3M | $11.3M | 50x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.007 | −0.048% | $1.2M | $2.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.018 | +0.054% | $15K | $458K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.017 | +0.042% | $12K | $212 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.011 | −0.011% | $2.2M | $1.1M | 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 | 11.015 | +0.027% | $277K | $129K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.016 | +0.033% | $116.2M | $428.5M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.011 | −0.009% | $84.3M | $140.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.016 | +0.036% | $20.2M | $114.3M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.011 | −0.009% | $12.1M | $32.2M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.014 | +0.018% | $46.0M | $78.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.011 | −0.009% | $15.5M | $21.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.014 | +0.018% | $33.1M | $47.8M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.015 | +0.027% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.014 | +0.018% | $369K | $547K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 10.987 | −0.231% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.988 | −0.218% | $345K | $891K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.012 | 0.000% | $177K | $670K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.014 | +0.018% | $129K | $345K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.021 | +0.082% | $194K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.030 | +0.163% | $12K | $719K | 20x | as long as short |
| SoDEX AVAX-USDlong | +0.0100% | 1h | 11.012 | long leg | $19K | $71K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.012 | +0.005% | $366K | $791K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.014 | +0.018% | $29.4M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.013 | +0.009% | $678K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.007 | −0.048% | $253K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.013 | +0.009% | $5.0M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTXshort | +0.0232% | 1h | 11.007 | −0.045% | $896K | $5.2M | 50x | |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.008 | −0.034% | $1K | — | 20x | as long as short |
| Hyperliquid AVAX | +0.0365% | 1h | 11.021 | +0.082% | $42.8M | $41.6M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.013 | +0.007% | $234K | — | 120x | as long as short |
SoDEX AVAX-USD
Coinbase International AVAX-PERP-INTX
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Kraken Futures PF_AVAXUSD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]