AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.090%

Price spread now: Deribit against SoDEX+0.094%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Deribit

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—needs both histories

The price spread pays, funding is against you. Deribit is 0.094% dearer against SoDEX than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	10.695	0.0097	pay 0.0012% / 1h	32m 23s	$18K	$72K	10x
Short	Deribit AVAX_USDC-PERPETUAL	10.705	0	get 0.0000% / 1h	32m 23s	$4.8M	$7.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now +0.094%Rate

Funding earned: −$20.4
Price spread: +0.094% → 0.000%: $9.35
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$26.05
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 2 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 Deribit live order book, 2 min ago	1.40 bp	7.0 bp −$7	38.2 bp −$382	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
Nado AVAX-PERP	−0.0176%	1h	10.691	−0.037%	$285K	$339K	10x	as long as short
Variational Omni AVAX	−0.0045%	8h	10.676	−0.181%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.700	+0.047%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUALshort	0.0000%	1h	10.705	+0.094%	$4.8M	$7.1M	25x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.695	+0.005%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0028%	8h	10.688	−0.065%	$12.7M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.608%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.691	−0.034%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0092%	8h	10.689	−0.056%	$81.0M	$146.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.694	−0.010%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.689	−0.056%	$23K	$424K	50x	as long as short
SoDEX AVAX-USDlong	+0.0097%	1h	10.695	long leg	$18K	$72K	10x
Hyperliquid AVAX	+0.0100%	1h	10.695	0.000%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.691	−0.036%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.697	+0.018%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.693	−0.019%	$113.6M	$424.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.691	−0.037%	$18.7M	$112.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.688	−0.065%	$45.2M	$80.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.691	−0.037%	$13.6M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.688	−0.065%	$32.3M	$48.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.691	−0.037%	—	$54.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.700	+0.047%	$436K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.701	+0.054%	$340K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.705	+0.094%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.690	−0.047%	$136K	$352K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.701	+0.056%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.732	+0.343%	$11K	$765K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	+0.133%	$337K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.702	+0.065%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.684	−0.103%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.691	−0.042%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.702	+0.066%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.694	−0.009%	$930K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.700	+0.047%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.683	−0.109%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.697	+0.014%	$226K	—	120x	as long as short