Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.033%
Price spread now: Lighter against SoDEX+0.013%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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 11.277 | 0.0100 | pay 0.0013% / 1h | 19m 55s | $19K | $72K | 10x |
| Short | Lighter AVAX | 11.278 | 0.0096 | get 0.0012% / 1h | 19m 55s | $1.3M | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.013% → 0.000%
- $1.33
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.51
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: 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 Lighter live order book, 2 min ago | 2.39 bp | 3.4 bp −$3 | 13.0 bp −$130 | 90.7 bp −$9,069 | 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 | −0.0570% | 1h | 11.250 | −0.239% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0105% | 1h | 11.277 | 0.000% | $5.4M | $9.2M | 25x | as long as short |
| Nado AVAX-PERP | −0.0037% | 1h | 11.281 | +0.035% | $298K | $895K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.285 | +0.071% | $104K | $112K | 10x | as long as short |
| Variational Omni AVAX | +0.0001% | 8h | 11.275 | −0.017% | $3.0M | $2.4M | — | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0004% | 1h | 11.282 | +0.043% | $16K | — | 150x | as long as short |
| Lighter AVAXshort | +0.0096% | 1h | 11.278 | +0.013% | $1.3M | $3.3M | 10x | |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.279 | +0.018% | $17K | $688K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0099% | 8h | 11.281 | +0.034% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.282 | +0.048% | $2.3M | $1.8M | 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 | 11.282 | +0.044% | $300K | $120K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.275 | −0.018% | $120.6M | $525.6M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.275 | −0.018% | $89.3M | $157.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.276 | −0.009% | $20.3M | $146.7M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.279 | +0.018% | $12.4M | $40.5M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.276 | −0.009% | $52.1M | $100.1M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.287 | +0.089% | $16.1M | $24.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.275 | −0.018% | $34.2M | $60.1M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.277 | 0.000% | — | $89.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.280 | +0.027% | $361K | $570K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.247 | −0.263% | $359K | $877K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.248 | −0.257% | $181K | $686K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.281 | +0.035% | $134K | $459K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.286 | +0.080% | $203K | $301K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.312 | +0.309% | $12K | $731K | 20x | as long as short |
| SoDEX AVAX-USDlong | +0.0100% | 1h | 11.277 | long leg | $19K | $72K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.281 | +0.040% | $365K | $1.1M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.277 | 0.000% | $30.3M | $5.0M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.274 | −0.028% | $672K | $2.2M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.275 | −0.018% | $259K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0192% | 1h | 11.295 | +0.160% | $912K | $8.3M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.288 | +0.098% | $5.1M | $8.0M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.277 | +0.001% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0407% / S −0.0252% | 1h | 11.281 | +0.036% | $238K | — | 120x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0627% | 1h | 11.284 | +0.061% | $4.6M | $13.5M | 50x | as long as short |
| Hyperliquid AVAX | +0.0627% | 1h | 11.295 | +0.160% | $43.7M | $56.8M | 10x | as long as short |
SoDEX AVAX-USD
Lighter AVAX
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Variational Omni AVAX
gTrade (Gains Network) AVAX/USD
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-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]
Kraken Futures PF_AVAXUSD
Hyperliquid AVAX