AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0111%/8h= −12.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.020%

Price spread now: Nado against SoDEX−0.090%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 Nado

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 airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.090% cheaper against SoDEX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	11.132	0.0100	pay 0.0013% / 1h	47m 12s	$19K	$72K	10x
Short	Nado AVAX-PERP	11.122	−0.0011	pay 0.0001% / 1h	47m 12s	$292K	$860K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.090%Rate

Funding earned: −$23.27
Price spread: −0.090% → 0.000%: −$8.98
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$47.26
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Nado: live order book, 26 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 Nado live order book, 26 min ago	1.78 bp	6.9 bp −$7	14.9 bp −$149	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
Injective AVAX/USDC PERP	−0.1363%	1h	11.080	−0.467%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0199%	1h	11.128	−0.036%	$5.3M	$8.8M	25x	as long as short
Nado AVAX-PERPshort	−0.0011%	1h	11.122	−0.090%	$292K	$860K	10x
dYdX AVAX-USD	0.0000%	1h	11.127	−0.047%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.136	+0.034%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0013%	8h	11.122	−0.090%	$12.2M	$38.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.138	+0.054%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.122	−0.090%	$18K	$645K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.126	−0.051%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.125	−0.066%	$2.3M	$1.7M	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	11.131	−0.013%	$296K	$117K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.136	+0.036%	$118.4M	$501.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.139	+0.063%	$88.6M	$152.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.132	0.000%	$20.0M	$138.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.129	−0.027%	$48.4M	$88.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.134	+0.018%	$15.4M	$23.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.131	−0.009%	$33.7M	$56.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.132	0.000%	—	$86.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.114	−0.162%	$355K	$565K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.152	+0.178%	$3.0M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.120	−0.110%	$358K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.121	−0.099%	$179K	$689K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.126	−0.054%	$131K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.140	+0.072%	$194K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.153	+0.185%	$12K	$733K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	11.132	long leg	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.126	−0.058%	$359K	$977K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.134	+0.018%	$29.9M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.126	−0.056%	$662K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.126	−0.058%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.136	+0.039%	$4.3M	$13.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.130	−0.018%	$5.0M	$6.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.122	−0.091%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.139	+0.063%	$904K	$7.3M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0260%	1h	11.133	+0.012%	$248K	—	120x	as long as short
Hyperliquid AVAX	+0.0661%	1h	11.144	+0.108%	$43.5M	$53.7M	10x	as long as short