Funding you earn now, next payment 01:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.062%
Price spread now: SoDEX against Coinbase International−0.135%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.135% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 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 | Coinbase International AVAX-PERP-INTX | 11.129 | 0.0288 | pay 0.0036% / 1h | 15m 27s | $904K | $5.8M | 50x |
| Short | SoDEX AVAX-USD | 11.114 | 0.0100 | get 0.0013% / 1h | 15m 27s | $19K | $72K | 10x |
Coinbase International AVAX-PERP-INTX
SoDEX AVAX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Coinbase International. 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
- −$39.48
- Price spread: −0.135% → 0.000%
- −$13.48
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$70.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; SoDEX: no order-book sample. 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 Coinbase International live order book, 4 min ago | 3.60 bp | 12.9 bp −$13 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 35 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 | 11.040 | −0.800% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0110% | 1h | 11.114 | −0.135% | $5.2M | $8.2M | 25x | as long as short |
| Nado AVAX-PERP | −0.0044% | 1h | 11.115 | −0.126% | $286K | $499K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.117 | −0.108% | $102K | $96K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.116 | −0.113% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0079% | 8h | 11.114 | −0.135% | $12.1M | $36.7M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.114 | −0.133% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.111 | −0.162% | $15K | $581K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.110 | −0.170% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.120 | −0.077% | $2.3M | $1.4M | 75x | as long as short |
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Nado AVAX-PERP
dYdX AVAX-USD
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.118 | −0.101% | $295K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.111 | −0.166% | $118.5M | $455.0M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.111 | −0.162% | $88.5M | $142.9M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.115 | −0.126% | $20.0M | $122.6M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.115 | −0.126% | $48.7M | $82.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.123 | −0.054% | $15.5M | $22.4M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.109 | −0.180% | $33.4M | $50.6M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.111 | −0.162% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.120 | −0.081% | $356K | $532K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.111 | −0.158% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.097 | −0.290% | $354K | $798K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.100 | −0.261% | $178K | $678K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.115 | −0.126% | $130K | $363K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.122 | −0.063% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.145 | +0.141% | $12K | $713K | 20x | as long as short |
| SoDEX AVAX-USDshort | +0.0100% | 1h | 11.114 | −0.135% | $19K | $72K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.108 | −0.184% | $361K | $854K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.117 | −0.108% | $29.7M | $5.6M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.107 | −0.200% | $671K | $1.7M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.110 | −0.173% | $255K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.111 | −0.165% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.119 | −0.089% | $4.3M | $11.8M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTXlong | +0.0288% | 1h | 11.129 | long leg | $904K | $5.8M | 50x | |
| Hyperliquid AVAX | +0.0393% | 1h | 11.129 | 0.000% | $43.2M | $45.6M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.118 | −0.099% | $236K | — | 120x | as long as short |
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Reya AVAXRUSDPERP
Kraken Futures PF_AVAXUSD
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]