AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.040%

Price spread now: Kraken Futures against Nado+0.030%7-day average +0.042% · 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−$38as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.030%, 7d avg +0.042%

Together, before fees−0.081%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.714	−0.0198	get 0.0025% / 1h	8m 44s	$289K	$329K	10x
Short	Kraken Futures PF_AVAXUSD	10.717	−0.0184	pay 0.0023% / 1h	8m 44s	$3.8M	$11.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.030%Rate

Funding earned: $2.94
Price spread: +0.030% → +0.042%: −$1.23
Slippage, 4 orders: −$19.78
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$35.07
Costs to cover: 0.368%
Break-even: 90.6 days

Slippage from Nado: live order book, 29 min ago; Kraken Futures: live order book, 5 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, 29 min ago	0.94 bp	9.2 bp −$9	20.4 bp −$204	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	2.33 bp	11.5 bp −$11	18.9 bp −$189	51.3 bp −$5,128	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	−0.0198%	1h	10.714	long leg	$289K	$329K	10x
Kraken Futures PF_AVAXUSDshort	−0.0184%	1h	10.717	+0.030%	$3.8M	$11.5M	50x
Variational Omni AVAX	−0.0076%	8h	10.702	−0.110%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.718	+0.042%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.718	+0.037%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.718	+0.035%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.714	0.000%	$13.2M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.429%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.713	−0.014%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.713	−0.009%	$1.2M	$2.4M	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	10.712	−0.019%	$25K	$467K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.722	+0.075%	$36.7M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.714	−0.003%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.718	+0.037%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.718	+0.037%	$113.5M	$404.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.717	+0.028%	$81.8M	$139.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.719	+0.047%	$18.8M	$107.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.717	+0.028%	$52.8M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.715	+0.009%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.715	+0.009%	$32.7M	$46.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.713	−0.009%	—	$53.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.719	+0.047%	$440K	$545K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.708	−0.056%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.709	−0.047%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.717	+0.028%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.722	+0.075%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.742	+0.264%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.714	0.000%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.714	+0.005%	$326K	$858K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.714	0.000%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.712	−0.023%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.710	−0.037%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.717	+0.028%	$4.6M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.711	−0.028%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.713	−0.008%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.718	+0.036%	$226K	—	120x	as long as short