Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.011%
Price spread now: dYdX against SoDEX+0.169%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. dYdX is 0.169% dearer against SoDEX than usual: you sell high and buy low (spread +0.169% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 11.104 | 0.0100 | pay 0.0013% / 1h | 47m 54s | $19K | $72K | 10x |
| Short | dYdX AVAX-USD | 11.123 | 0 | get 0.0000% / 1h | 47m 54s | $102K | $105K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.169% → 0.000%
- $16.91
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$22.09
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; dYdX: live order book, 21 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 dYdX live order book, 21 min ago | 130.74 bp | 135.7 bp −$136 | 136.5 bp −$1,365 | 140.4 bp −$14.0K | 162.5 bp −$81.2K |
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 | −0.1423% | 1h | 11.090 | −0.126% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0200% | 1h | 11.106 | +0.018% | $5.2M | $8.3M | 25x | as long as short |
| Nado AVAX-PERP | −0.0032% | 1h | 11.104 | +0.005% | $289K | $525K | 10x | as long as short |
| dYdX AVAX-USDshort | 0.0000% | 1h | 11.123 | +0.169% | $102K | $105K | 10x | |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.106 | +0.018% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0072% | 8h | 11.106 | +0.018% | $12.1M | $36.4M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.105 | +0.010% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.112 | +0.072% | $18K | $600K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.117 | +0.117% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.110 | +0.050% | $2.3M | $1.4M | 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 | 11.127 | +0.204% | $295K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.104 | +0.002% | $118.2M | $472.1M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.102 | −0.018% | $88.3M | $146.1M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.103 | −0.009% | $19.8M | $127.3M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.098 | −0.054% | $48.5M | $82.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.106 | +0.018% | $15.5M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.099 | −0.045% | $33.4M | $52.5M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.110 | +0.054% | — | $83.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.108 | +0.036% | $355K | $548K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.107 | +0.025% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.108 | +0.034% | $353K | $844K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.112 | +0.072% | $179K | $682K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.114 | +0.090% | $130K | $369K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.113 | +0.081% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.142 | +0.340% | $12K | $721K | 20x | as long as short |
| SoDEX AVAX-USDlong | +0.0100% | 1h | 11.104 | long leg | $19K | $72K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.107 | +0.023% | $361K | $939K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.107 | +0.027% | $29.7M | $5.4M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.097 | −0.062% | $668K | $2.0M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.101 | −0.023% | $255K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.117 | +0.117% | $5.0M | $6.0M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.101 | −0.029% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.107 | +0.029% | $4.3M | $12.2M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0288% | 1h | 11.112 | +0.072% | $910K | $6.2M | 50x | as long as short |
| Hyperliquid AVAX | +0.0416% | 1h | 11.125 | +0.186% | $43.3M | $48.0M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.106 | +0.016% | $236K | — | 120x | as long as short |
SoDEX AVAX-USD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
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
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]