AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.026%

Price spread now: Nado against ApeX Omni+0.045%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on ApeX Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.036%−$4 on $10k

Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.045%, 7d avg −0.026%

Together, before fees−0.165%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.071% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.026%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 3 days (−0.036% in total) that is about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.154	0.0100	pay 0.0013% / 1h	39m 00s	$179K	$673K	50x
Short	Nado AVAX-PERP	11.159	−0.0031	pay 0.0004% / 1h	39m 00s	$287K	$373K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against ApeX Omni. 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 ApeX OmnibpFee NadobpOrdersPrice spread, now +0.045%Rate

Funding earned: −$27.43
Price spread: +0.045% → −0.026%: $7.07
Slippage, 4 orders: −$30.82
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$68.18
Costs to cover: 0.478%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 19 min ago; Nado: live order book, 19 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 ApeX Omni live order book, 19 min ago	6.29 bp	14.5 bp −$15	76.7 bp −$767	doesn't fit	doesn't fit
Sell Nado live order book, 19 min ago	1.35 bp	8.8 bp −$9	18.1 bp −$181	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	11.120	−0.305%	$17K	$151K	12x	as long as short
Nado AVAX-PERPshort	−0.0031%	1h	11.159	+0.045%	$287K	$373K	10x
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.139	−0.134%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.169	+0.133%	$98K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.150	−0.034%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.138	−0.145%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.152	−0.018%	$16K	$579K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.152	−0.018%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.143	−0.100%	$2.3M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.171	+0.151%	$291K	$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	11.140	−0.126%	$118.2M	$427.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.140	−0.126%	$88.5M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.143	−0.099%	$20.4M	$115.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.135	−0.170%	$12.2M	$34.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.136	−0.161%	$48.0M	$77.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.144	−0.090%	$15.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.136	−0.161%	$33.4M	$48.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.137	−0.152%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.136	−0.161%	$336K	$520K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.161	+0.067%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.157	+0.024%	$352K	$845K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.154	long leg	$179K	$673K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.154	0.000%	$131K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.147	−0.063%	$196K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.178	+0.212%	$12K	$705K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.138	−0.143%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.138	−0.143%	$365K	$826K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.138	−0.143%	$29.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.137	−0.155%	$689K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.137	−0.148%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0211%	1h	11.139	−0.136%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.139	−0.134%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.158	+0.036%	$892K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.149	−0.048%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.150	−0.037%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0604%	1h	11.150	−0.036%	$43.2M	$42.3M	10x	as long as short