AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0285%/8h= +31.2% APRnext payment +$0.36 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against Nado+0.001%7-day average −0.025% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$915as in the Price arb table

costs, in and out, $10k−$9189.178% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.001%, 7d avg −0.025%

Together, before fees−0.054%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aevo is 0.026% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.025%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.045% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.699	−0.0181	get 0.0023% / 1h	27m 57s	$285K	$339K	10x
Short	Aevo AVAX-PERP	10.700	0.0104	get 0.0013% / 1h	27m 57s	$246K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.001%Rate

Funding earned: $59.8
Price spread: +0.001% → −0.025%: $2.64
Slippage, 4 orders: −$894.79
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$855.35
Costs to cover: 9.178%
Break-even: 107.1 days

Slippage from Nado: live order book, 15 min ago; Aevo: live order book, 16 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 Nado live order book, 15 min ago	0.47 bp	9.8 bp −$10	20.9 bp −$209	doesn't fit	doesn't fit
Sell Aevo live order book, 16 min ago	205.90 bp	460.8 bp −$461	doesn't fit	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-PERPlong	−0.0181%	1h	10.699	long leg	$285K	$339K	10x
Variational Omni AVAX	−0.0048%	8h	10.697	−0.027%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.705	+0.051%	$4.8M	$7.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.706	+0.057%	$89K	$117K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.708	+0.076%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.716	+0.154%	$12.8M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.565%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0088%	8h	10.702	+0.019%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.718	+0.173%	$81.2M	$146.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.705	+0.048%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.701	+0.014%	$20K	$426K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.716	+0.154%	$37.4M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.719	+0.179%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.710	+0.094%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.722	+0.214%	$113.9M	$424.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.720	+0.192%	$18.8M	$112.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.721	+0.201%	$45.6M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.723	+0.220%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.722	+0.210%	$32.5M	$48.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.720	+0.192%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.711	+0.107%	$436K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.700	+0.008%	$341K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.712	+0.117%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.704	+0.042%	$136K	$352K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.710	+0.098%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	+0.320%	$11K	$765K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.705	+0.051%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.697	−0.027%	$336K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.704	+0.042%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.717	+0.163%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	10.700	+0.001%	$246K	—	3x
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.710	+0.094%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.712	+0.117%	$854K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.707	+0.070%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.699	−0.001%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.709	+0.085%	$226K	—	120x	as long as short