AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0457%/8h= −50.0% APRnext payment −$0.57 per $10,000 · paid last 24h −0.079%

Price spread now: Nado against Reya+0.046%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.046% dearer against Reya than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 57 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	Reya AVAXRUSDPERP	10.705	0.0245	pay 0.0031% / 1h	2m 34s	$1K	—	20x
Short	Nado AVAX-PERP	10.710	−0.0212	pay 0.0026% / 1h	2m 34s	$289K	$326K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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 ReyabpFee NadobpOrdersPrice spread, now +0.046%Rate

Funding earned: −$95.9
Price spread: +0.046% → 0.000%: $4.59
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$104.31
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Nado: live order book, 35 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Nado live order book, 35 min ago	0.94 bp	7.6 bp −$8	16.7 bp −$167	doesn't fit	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0212%	1h	10.710	+0.046%	$289K	$326K	10x
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.714	+0.081%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.707	+0.018%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.713	+0.073%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.715	+0.093%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.713	+0.074%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0010%	8h	10.712	+0.065%	$13.3M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.513%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.712	+0.064%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.712	+0.066%	$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	10.710	+0.046%	$25K	$465K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.722	+0.158%	$36.8M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.711	+0.058%	$2.2M	$888K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.718	+0.117%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.711	+0.053%	$113.4M	$402.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.710	+0.046%	$81.9M	$138.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.712	+0.065%	$18.8M	$106.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.713	+0.074%	$52.9M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.712	+0.065%	$13.8M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.715	+0.093%	$32.8M	$46.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.712	+0.065%	—	$53.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.717	+0.111%	$436K	$545K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.106%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.719	+0.130%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.708	+0.027%	$134K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.717	+0.111%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.739	+0.321%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.712	+0.065%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.703	−0.016%	$326K	$857K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.712	+0.065%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.709	+0.041%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.707	+0.023%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.713	+0.074%	$4.7M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.719	+0.130%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERPlong	+0.0245%	1h	10.705	long leg	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.714	+0.081%	$226K	—	120x	as long as short