Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.012%
Price spread now: Extended against SoDEX−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Extended is 0.039% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 10.877 | −0.0076 | get 0.0010% / 1h | 16m 49s | $19K | $68K | 10x |
| Short | Extended AVAX-USD | 10.873 | 0.0104 | get 0.0013% / 1h | 16m 49s | $619K | $1.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SoDEX. 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
- $37.83
- Price spread: −0.039% → 0.000%
- −$3.88
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $20.95
- Costs to cover
- 0.130%
- Break-even
- 3.1 days
Slippage unknown: SoDEX: no order-book sample; Extended: live order book, 1 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 0.46 bp | 6.0 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AVAXUSD | −0.0263% | 1h | 10.885 | +0.074% | $3.8M | $11.5M | 50x | as long as short |
| Nado AVAX-PERP | −0.0205% | 1h | 10.870 | −0.060% | $283K | $306K | 10x | as long as short |
| Phemex AVAXUSDT | −0.0150% | 8h | 10.883 | +0.055% | $29.0M | $5.6M | 50x | as long as short |
| Variational Omni AVAX | −0.0083% | 8h | 10.849 | −0.258% | $3.0M | $2.1M | — | as long as short |
| SoDEX AVAX-USDlong | −0.0076% | 1h | 10.877 | long leg | $19K | $68K | 10x | |
| dYdX AVAX-USD | 0.0000% | 1h | 10.872 | −0.044% | $92K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.884 | +0.064% | $4.9M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.889 | +0.106% | $12K | — | 150x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −1.076% | $17K | $151K | 12x | as long as short |
| Gate AVAX_USDT | +0.0063% | 8h | 10.879 | +0.018% | $14.1M | $29.2M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0088% | 8h | 10.867 | −0.092% | $12K | $62 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.889 | +0.114% | $1.2M | $2.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.871 | −0.055% | $23K | $469K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.898 | +0.193% | $36.1M | $39.5M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.883 | +0.060% | $2.2M | $1.4M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.868 | −0.083% | $273K | $127K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.883 | +0.055% | $114.8M | $387.8M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.881 | +0.037% | $85.3M | $136.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.881 | +0.037% | $19.1M | $106.4M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.875 | −0.018% | $53.3M | $79.9M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.877 | 0.000% | $14.0M | $20.4M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.880 | +0.028% | $33.2M | $44.9M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.876 | −0.009% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.890 | +0.120% | $441K | $530K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.851 | −0.243% | $341K | $1.3M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.858 | −0.175% | $175K | $661K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.879 | +0.018% | $137K | $234K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.884 | +0.064% | $235K | $222K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.901 | +0.223% | $12K | $769K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.889 | +0.110% | $336K | $864K | 75x | as long as short |
| Extended AVAX-USDshort | +0.0104% | 1h | 10.873 | −0.039% | $619K | $1.5M | 25x | |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.869 | −0.071% | $250K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.880 | +0.028% | $858K | $5.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.873 | −0.037% | $4.7M | $5.3M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.865 | −0.111% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0294% | 1h | 10.891 | +0.124% | $230K | — | 120x | as long as short |
SoDEX AVAX-USD
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
Phemex AVAXUSDT
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
Gate AVAX_USDT
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]