AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h +0.271%

Price spread now: Nado against Injective−0.316%49s7-day average +0.202% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1121.121% of the position

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.409%+$41 on $10k

Price spread, last 4 days (all we have)−0.693%−$69 · spread now −0.316%, 7d avg +0.202%

Together, before fees−0.284%+ Points / potential airdropNado: Active · farm board−$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.518% cheaper against Injective than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.202%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.409%, so the current rate has only just turned against you. The two prices were read 49 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	Injective AVAX/USDC PERP	10.760	0.0033	pay 0.0004% / 1h	10m 27s	$17K	$152K	12x
Short	Nado AVAX-PERP	10.726	−0.0195	pay 0.0024% / 1h	10m 27s	$282K	$340K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −0.316%Rate

Funding earned: −$47.93
Price spread: −0.316% → +0.202%: −$51.78
Slippage, 4 orders: −$105.11
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$211.84
Costs to cover: 1.121%
Break-even: never at this rate

Slippage from Injective: live order book, 33 min ago; Nado: live order book, 32 min ago.

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 Injective live order book, 33 min ago	32.76 bp	60.7 bp −$61	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 32 min ago	0.47 bp	8.9 bp −$9	16.7 bp −$167	doesn't fit	doesn't fit

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
Nado AVAX-PERPshort	−0.0195%	1h	10.726	−0.316%	$282K	$340K	10x
Deribit AVAX_USDC-PERPETUAL	−0.0123%	1h	10.723	−0.344%	$4.8M	$7.0M	25x	as long as short
Variational Omni AVAX	−0.0059%	8h	10.719	−0.386%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.729	−0.284%	$92K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.765	+0.045%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0027%	8h	10.729	−0.288%	$12.9M	$32.4M	75x	as long as short
Injective AVAX/USDC PERPlong	+0.0033%	1h	10.760	long leg	$17K	$152K	12x
SoDEX AVAX-USD	+0.0086%	1h	10.723	−0.344%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.728	−0.298%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	10.721	−0.362%	$81.9M	$146.0M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.729	−0.288%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.733	−0.251%	$20K	$466K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.737	−0.214%	$37.3M	$43.9M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.732	−0.258%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.735	−0.229%	$270K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.726	−0.319%	$113.7M	$421.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.722	−0.353%	$18.9M	$112.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.729	−0.288%	$45.4M	$81.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.725	−0.325%	$13.7M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.727	−0.307%	$32.5M	$48.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.726	−0.316%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.730	−0.279%	$437K	$562K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.758	−0.019%	$343K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.760	0.000%	$174K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.731	−0.270%	$135K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.732	−0.260%	$231K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.752	−0.071%	$12K	$768K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.723	−0.339%	$326K	$907K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.726	−0.316%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.723	−0.340%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.721	−0.366%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.727	−0.309%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	−0.242%	$855K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.723	−0.344%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.720	−0.370%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.728	−0.295%	$226K	—	120x	as long as short