AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0494%/8h= −54.1% APRnext payment −$0.62 per $10,000 · paid last 24h −0.114%

Price spread now: SoDEX against Hyperliquid−0.143%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on SoDEX

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 against this trade now: funding costs −$15 a day on $10k at the current rate, and SoDEX is 0.143% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AVAX	11.171	0.0594	pay 0.0074% / 1h	7m 58s	$43.6M	$42.4M	10x
Short	SoDEX AVAX-USD	11.155	0.0100	get 0.0013% / 1h	7m 58s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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 HyperliquidbpFee SoDEXbpOrdersPrice spread, now −0.143%Rate

Funding earned: −$103.8
Price spread: −0.143% → 0.000%: −$14.32
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$135.12
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 5 min ago; SoDEX: no order-book sample. 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 Hyperliquid live order book, 5 min ago	0.45 bp	5.0 bp −$5	12.4 bp −$124	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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	−0.1374%	1h	11.120	−0.457%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.153	−0.161%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0067%	1h	11.154	−0.152%	$287K	$397K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.149	−0.199%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.155	−0.142%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.158	−0.116%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.155	−0.145%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.153	−0.161%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.154	−0.155%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.155	−0.145%	$2.3M	$1.2M	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	11.156	−0.131%	$291K	$114K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.150	−0.184%	$119.2M	$430.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.150	−0.188%	$88.5M	$137.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.151	−0.179%	$20.4M	$116.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.149	−0.197%	$12.2M	$35.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.152	−0.170%	$48.9M	$79.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.154	−0.152%	$15.8M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.147	−0.215%	$33.5M	$48.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.151	−0.179%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.154	−0.152%	$330K	$523K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.144	−0.239%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.152	−0.167%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.178	+0.063%	$180K	$675K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.155	−0.143%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.162	−0.081%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.180	+0.082%	$12K	$702K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.155	−0.143%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.152	−0.167%	$366K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.157	−0.125%	$29.8M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.147	−0.210%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.147	−0.215%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.139	−0.286%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.155	−0.143%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.150	−0.188%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.155	−0.144%	$237K	—	120x	as long as short
Hyperliquid AVAXlong	+0.0594%	1h	11.171	long leg	$43.6M	$42.4M	10x