Funding you earn now, next payment 02:00 UTC−0.0130%/8h= −14.2% APRnext payment −$0.16 per $10,000 · paid last 24h −0.021%
Price spread now: Nado against Popdex0.000%7-day average +0.002% · 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−$29as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.853%+$85 · spread now 0.000%, 7d avg +0.002%
=Together, before fees+0.823%+ Points / potential airdropNado: Active · farm board+$82 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex AVAXUSDT | 11.087 | 0.0096 | pay 0.0012% / 1h | 38m 27s | $15K | $595K | 50x |
| Short | Nado AVAX-PERP | 11.087 | −0.0034 | pay 0.0004% / 1h | 38m 27s | $285K | $521K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Popdex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$27.3
- Price spread: 0.000% → +0.002%
- −$0.23
- Slippage, 4 orders
- −$15.59
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$56.51
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 31 min ago; Nado: live order book, 30 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 Popdex live order book, 31 min ago | 1.78 bp | 6.3 bp −$6 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Nado live order book, 30 min ago | 0.89 bp | 7.5 bp −$7 | 15.1 bp −$151 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 10.990 | −0.875% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERPshort | −0.0034% | 1h | 11.087 | 0.000% | $285K | $521K | 10x | |
| dYdX AVAX-USD | 0.0000% | 1h | 11.098 | +0.095% | $102K | $96K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 11.096 | +0.081% | $5.2M | $8.3M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.084 | −0.023% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0044% | 8h | 11.096 | +0.081% | $12.1M | $36.5M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.098 | +0.102% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDTlong | +0.0096% | 1h | 11.087 | long leg | $15K | $595K | 50x | |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.088 | +0.011% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.090 | +0.023% | $2.3M | $1.4M | 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 | 11.096 | +0.085% | $295K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.086 | −0.012% | $118.0M | $470.3M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.082 | −0.045% | $88.3M | $145.7M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.091 | +0.036% | $19.9M | $126.2M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.093 | +0.054% | $48.8M | $82.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.094 | +0.063% | $15.5M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.088 | +0.009% | $33.3M | $52.2M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.085 | −0.018% | — | $83.4M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.103 | +0.144% | $355K | $548K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.080 | −0.065% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.084 | −0.027% | $349K | $808K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.118 | +0.280% | $179K | $681K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.095 | +0.072% | $130K | $363K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.100 | +0.117% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.125 | +0.345% | $12K | $721K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.099 | +0.108% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.097 | +0.086% | $361K | $939K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.101 | +0.126% | $29.6M | $5.6M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.086 | −0.009% | $668K | $2.0M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.094 | +0.063% | $255K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.117 | +0.271% | $5.0M | $6.0M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.091 | +0.039% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.101 | +0.122% | $4.3M | $12.2M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0288% | 1h | 11.104 | +0.153% | $908K | $6.0M | 50x | as long as short |
| Hyperliquid AVAX | +0.0423% | 1h | 11.108 | +0.189% | $43.3M | $46.9M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.084 | −0.025% | $235K | — | 120x | as long as short |
Popdex AVAXUSDT
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]