AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%

Price spread now: Lighter against SoDEX−0.022%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.022% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	11.110	0.0100	pay 0.0013% / 1h	35m 41s	$19K	$72K	10x
Short	Lighter AVAX	11.108	0.0096	get 0.0012% / 1h	35m 41s	$1.2M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$0.84
Price spread: −0.022% → 0.000%: −$2.16
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$11
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 7 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 Lighter live order book, 7 min ago	2.38 bp	3.6 bp −$4	11.5 bp −$115	86.6 bp −$8,663	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
Injective AVAX/USDC PERP	−0.1423%	1h	11.090	−0.180%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0110%	1h	11.107	−0.027%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0032%	1h	11.115	+0.045%	$286K	$370K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.109	−0.006%	$97K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.109	−0.007%	$13K	—	150x	as long as short
Lighter AVAXshort	+0.0096%	1h	11.108	−0.022%	$1.2M	$2.9M	10x
Popdex AVAXUSDT	+0.0096%	1h	11.114	+0.036%	$16K	$579K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.107	−0.028%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.115	+0.048%	$2.3M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.114	+0.040%	$290K	$114K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.111	+0.009%	$117.9M	$426.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.109	−0.009%	$88.1M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.110	0.000%	$20.4M	$115.2M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.110	0.000%	$12.2M	$34.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.112	+0.018%	$47.9M	$77.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.112	+0.018%	$15.7M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.108	−0.018%	$33.3M	$48.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.111	+0.009%	—	$78.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.113	+0.027%	$336K	$521K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.105	−0.049%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.157	+0.420%	$352K	$845K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.154	+0.396%	$179K	$673K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.115	+0.045%	$130K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.116	+0.054%	$195K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.135	+0.229%	$12K	$704K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	11.110	long leg	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.111	+0.005%	$363K	$825K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.111	+0.009%	$29.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.106	−0.038%	$685K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.025	−0.768%	$253K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0212%	1h	11.112	+0.019%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.140	+0.270%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.116	+0.054%	$888K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.104	−0.052%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.108	−0.015%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0577%	1h	11.125	+0.135%	$43.1M	$42.3M	10x	as long as short