AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0364%/8h= +39.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.116%

Price spread now: Hyperliquid against SoDEX+0.173%51s7-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 Hyperliquid

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Hyperliquid is 0.173% dearer against SoDEX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	10.996	0.0100	pay 0.0013% / 1h	1m 25s	$18K	$71K	10x
Short	Hyperliquid AVAX	11.015	0.0464	get 0.0058% / 1h	1m 25s	$42.7M	$41.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.173%Rate

Funding earned: $76.42
Price spread: +0.173% → 0.000%: $17.28
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $76.7
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 12 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 Hyperliquid live order book, 12 min ago	0.45 bp	7.6 bp −$8	11.2 bp −$112	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	−0.1423%	1h	10.950	−0.418%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0023%	1h	10.996	0.000%	$5.1M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0010%	1h	11.001	+0.041%	$286K	$372K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.996	+0.004%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.997	+0.009%	$12K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	10.998	+0.021%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.001	+0.045%	$15K	$549K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.998	+0.019%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.995	−0.005%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.002	+0.054%	$277K	$129K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.002	+0.050%	$116.0M	$429.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.997	+0.009%	$85.0M	$139.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.002	+0.055%	$20.2M	$114.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.997	+0.009%	$12.1M	$34.7M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.001	+0.045%	$46.1M	$78.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.004	+0.073%	$15.5M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.997	+0.009%	$32.9M	$47.9M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.997	+0.009%	—	$78.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.996	0.000%	$368K	$549K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.996	−0.004%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.997	+0.009%	$351K	$882K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.999	+0.027%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.001	+0.045%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.001	+0.045%	$193K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.018	+0.201%	$12K	$716K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	10.996	long leg	$18K	$71K	10x
HTX AVAX-USDT	+0.0100%	8h	10.992	−0.041%	$366K	$812K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.998	+0.018%	$29.3M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.997	+0.008%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.993	−0.027%	$253K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0214%	1h	10.998	+0.014%	$4.2M	$11.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.991	−0.045%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.004	+0.073%	$891K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.994	−0.020%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.997	+0.013%	$233K	—	120x	as long as short
Hyperliquid AVAXshort	+0.0464%	1h	11.015	+0.173%	$42.7M	$41.9M	10x