AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0226%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +0.025%

Price spread now: Coinbase International against Nado+0.185%7-day average +0.052% · 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−$31as in the Price arb table

costs, in and out, $10k−$440.444% of the position

Long on Nado Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 3 days (all we have)−0.735%−$73 · spread now +0.185%, 7d avg +0.052%

Together, before fees−0.637%+ Points / potential airdropNado: Active · farm board−$64 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.134% dearer against Nado than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	11.055	−0.0210	get 0.0026% / 1h	31m 05s	$297K	$967K	10x
Short	Coinbase International AVAX-PERP-INTX	11.076	0.0016	get 0.0002% / 1h	31m 05s	$822K	$8.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.185%Rate

Funding earned: $47.37
Price spread: +0.185% → +0.052%: $13.37
Slippage, 4 orders: −$27.42
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $16.32
Costs to cover: 0.444%
Break-even: 4.6 days

Slippage from Nado: live order book, 18 min ago; Coinbase International: live order book, 4 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, 18 min ago	1.82 bp	10.1 bp −$10	21.8 bp −$218	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	3.17 bp	13.4 bp −$13	18.5 bp −$185	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
Variational Omni AVAX	−0.0230%	8h	11.032	−0.216%	$2.8M	$2.2M	—	as long as short
Nado AVAX-PERPlong	−0.0210%	1h	11.055	long leg	$297K	$967K	10x
Deribit AVAX_USDC-PERPETUAL	−0.0111%	1h	11.065	+0.086%	$5.2M	$9.4M	25x	as long as short
Bybit AVAXUSDT	−0.0019%	8h	11.072	+0.149%	$86.5M	$147.4M	75x	as long as short
OKX AVAX-USDT-SWAP	−0.0017%	8h	11.074	+0.167%	$19.7M	$146.5M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.056	+0.007%	$94K	$139K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.068	+0.113%	$13K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0012%	1h	11.000	−0.502%	$17K	$103K	12x	as long as short
Extended AVAX-USD	+0.0016%	1h	11.074	+0.167%	$651K	$2.2M	25x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0016%	1h	11.076	+0.185%	$822K	$8.1M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AVAX-USD	+0.0016%	1h	11.065	+0.086%	$18K	$72K	10x	as long as short
Gate AVAX_USDT	+0.0019%	8h	11.064	+0.077%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0049%	8h	11.066	+0.095%	$51.4M	$112.3M	200x	as long as short
Binance AVAXUSDT	+0.0049%	8h	11.073	+0.158%	$118.2M	$543.0M	75x	as long as short
BingX AVAX-USDC	+0.0069%	8h	11.068	+0.113%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0071%	1h	11.071	+0.140%	$314K	$553K	15x	as long as short
Phemex AVAXUSDT	+0.0072%	8h	11.067	+0.104%	$29.6M	$4.8M	50x	as long as short
Bitget AVAXUSDT	+0.0077%	8h	11.075	+0.176%	$34.3M	$63.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0085%	8h	11.054	−0.014%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0092%	8h	11.063	+0.067%	$2.3M	$2.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.067	+0.100%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.055	−0.005%	$17K	$710K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.187	+1.186%	$257K	—	3x	as long as short
Pacifica AVAX	+0.0100%	1h	11.054	−0.017%	$299K	$118K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.069	+0.122%	$15.7M	$24.8M	75x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.021	−0.315%	$357K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.021	−0.312%	$177K	$703K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.064	+0.077%	$115K	$489K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.075	+0.176%	$214K	$287K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.096	+0.365%	$12K	$701K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.056	+0.001%	$354K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0169%	8h	11.064	+0.077%	$4.9M	$8.9M	100x	as long as short
Kraken Futures PF_AVAXUSD	+0.0238%	1h	11.075	+0.175%	$4.6M	$13.6M	50x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.059	+0.035%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0409% / S −0.0244%	1h	11.067	+0.106%	$238K	—	120x	as long as short
Hyperliquid AVAX	+0.0442%	1h	11.087	+0.285%	$41.6M	$58.7M	10x	as long as short