AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.033%

Price spread now: Kraken Futures against SoDEX+0.021%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 Kraken Futures

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. Kraken Futures is 0.021% dearer against SoDEX than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	10.925	0.0100	pay 0.0013% / 1h	22m 21s	$18K	$71K	10x
Short	Kraken Futures PF_AVAXUSD	10.927	0.0020	get 0.0002% / 1h	22m 21s	$4.2M	$11.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$16.87
Price spread: +0.021% → 0.000%: $2.12
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$32.75
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 2 min ago	2.29 bp	14.2 bp −$14	21.2 bp −$212	53.0 bp −$5,305	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	10.890	−0.320%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0024%	1h	10.926	+0.009%	$5.0M	$7.7M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.904	−0.195%	$95K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.906	−0.173%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0020%	1h	10.927	+0.021%	$4.2M	$11.1M	50x
Nado AVAX-PERP	+0.0034%	1h	10.902	−0.211%	$283K	$318K	10x	as long as short
Gate AVAX_USDT	+0.0085%	8h	10.901	−0.220%	$12.2M	$32.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.896	−0.268%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.898	−0.247%	$6K	$443K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.899	−0.239%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	10.912	−0.120%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.904	−0.191%	$275K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.902	−0.211%	$114.6M	$424.0M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.898	−0.247%	$82.6M	$140.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.901	−0.220%	$19.7M	$112.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.906	−0.174%	$45.2M	$78.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.903	−0.201%	$15.1M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.899	−0.238%	$32.9M	$47.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.901	−0.220%	—	$54.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.926	+0.009%	$371K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.927	+0.023%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.931	+0.055%	$352K	$953K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.943	+0.165%	$176K	$666K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.906	−0.174%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.909	−0.146%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.957	+0.290%	$12K	$723K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	10.925	long leg	$18K	$71K	10x
HTX AVAX-USDT	+0.0100%	8h	10.927	+0.014%	$363K	$779K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.927	+0.018%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.887	−0.348%	$675K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.899	−0.238%	$250K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.925	0.000%	$4.9M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.943	+0.165%	$890K	$5.1M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.902	−0.208%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0274%	1h	10.919	−0.055%	$41.9M	$40.2M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0285%	1h	10.906	−0.171%	$235K	—	120x	as long as short