AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%

Price spread now: Nado against dYdX−0.195%131s7-day average +0.015% · you buy dearer than you sell

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

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.052%+$5 on $10k

Price spread, last 4 days (all we have)+0.534%+$53 · spread now −0.195%, 7d avg +0.015%

Together, before fees+0.587%+ Points / potential airdropNado: Active · farm board+$59 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.210% cheaper against dYdX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.015%. The two prices were read 131 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	dYdX AVAX-USD	10.923	0	get 0.0000% / 1h	2m 55s	$93K	$100K	10x
Short	Nado AVAX-PERP	10.902	0.0007	get 0.0001% / 1h	2m 55s	$278K	$273K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 dYdXbpFee NadobpOrdersPrice spread, now −0.195%Rate

Funding earned: $1.51
Price spread: −0.195% → +0.015%: −$21
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$36.49
Costs to cover: 0.170%
Break-even: 176.1 days

Slippage unknown: dYdX: no order-book sample; Nado: live order book, 43 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 dYdX no order-book sample	—	—	—	—	—
Sell Nado live order book, 43 min ago	1.38 bp	9.6 bp −$10	19.2 bp −$192	doesn't fit	doesn't fit

dYdX: 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 exchanges

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
Variational Omni AVAX	−0.0159%	8h	10.914	−0.087%	$3.1M	$2.0M	—	as long as short
Gate AVAX_USDT	−0.0106%	8h	10.903	−0.184%	$14.9M	$26.9M	75x	as long as short
Bybit AVAXUSDT	−0.0075%	8h	10.899	−0.220%	$84.9M	$129.7M	75x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.913	−0.095%	$3.8M	$10.7M	50x	as long as short
Phemex AVAXUSDT	−0.0047%	8h	10.914	−0.083%	$29.1M	$5.5M	50x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.923	long leg	$93K	$100K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.912	−0.101%	$5.0M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.910	−0.116%	$24K	—	150x	as long as short
Nado AVAX-PERPshort	+0.0007%	1h	10.902	−0.195%	$278K	$273K	10x
Polymarket Perps AVAX-USD	+0.0025%	1h	10.903	−0.184%	$60K	$366K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.493%	$17K	$151K	12x	as long as short
SoDEX AVAX-USD	+0.0049%	1h	10.909	−0.129%	$19K	$65K	10x	as long as short
OKX AVAX-USDT-SWAP	+0.0054%	8h	10.898	−0.230%	$19.4M	$99.7M	50x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.901	−0.202%	$12K	$62	20x	as long as short
MEXC AVAX_USDT	+0.0095%	8h	10.910	−0.120%	$53.7M	$70.6M	200x	as long as short
Binance AVAXUSDT	+0.0095%	8h	10.905	−0.169%	$114.9M	$364.2M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.909	−0.126%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.905	−0.166%	$24K	$429K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.921	−0.019%	$36.4M	$36.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.905	−0.166%	$2.3M	$1.2M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.909	−0.130%	$274K	$86K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.906	−0.156%	$14.4M	$18.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.895	−0.257%	$33.2M	$42.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.902	−0.193%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.909	−0.129%	$391K	$566K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.917	−0.060%	$352K	$1.6M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.915	−0.074%	$155K	$679K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.916	−0.065%	$239K	$211K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.936	+0.119%	$12K	$773K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.899	−0.216%	$328K	$901K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.897	−0.240%	$621K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.904	−0.175%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.912	−0.101%	$856K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0215%	8h	10.905	−0.166%	$4.7M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.903	−0.183%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0464% / S −0.0317%	1h	10.924	+0.007%	$242K	—	120x	as long as short