After costs, if the gap returns to its 7d average, $10k−$42
spread now−0.091%7d average+0.027%fees + slippage, in and out−$31spread needed0.305%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit AVAX_USDC-PERPETUAL | 11.031 | −0.0294 | get 0.0037% / 1h | 45m 07s | $5.2M | $11.8M | 25x |
| Short | Nado AVAX-PERP | 11.021 | 0.0090 | get 0.0011% / 1h | 45m 07s | $310K | $1.4M | 10x |
Deribit AVAX_USDC-PERPETUAL
Nado AVAX-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.07
- Funding while held
- $11.51
- Slippage, 4 orders
- −$16.55
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.11
- Spread needed to break even
- 0.305%
Slippage from Deribit: live order book, 5 min ago; Nado: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0384%
- Per $10,000 a day
- +$11.51
- Average in range /8h
- —
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 Deribit live order book, 5 min ago | 2.27 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 5 min ago | 1.81 bp | 8.2 bp −$8 | 17.0 bp −$170 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni10.987cheapestApeX Omni11.001+0.127%HTX11.005+0.164%
Variational Omni
ApeX Omni
HTXNado11.021+0.310%
Bybit11.023+0.328%Popdex11.024+0.337%Aster11.025+0.346%Bitget11.025+0.346%Reya11.026+0.351%BingX11.026+0.355%Aevo11.027+0.363%OKX11.027+0.364%BloFin11.027+0.364%Extended11.028+0.372%Coinbase International11.028+0.373%Gate11.029+0.382%KuCoin11.029+0.382%SoDEX11.030+0.391%Paradex11.031+0.397%Pacifica11.031+0.401%Backpack11.031+0.401%
Bybit
Popdex
Aster
Bitget
Reya
BingX
Aevo
OKX
BloFin
Extended
Coinbase International
Gate
KuCoin
SoDEX
Paradex
Pacifica
BackpackDeribit11.031+0.401%
Polymarket Perps11.032+0.410%Binance11.032+0.410%Lighter11.032+0.411%dYdX11.033+0.419%MEXC11.033+0.419%Phemex11.033+0.419%gTrade (Gains Network)11.035+0.437%GMX11.035+0.439%Hyperliquid11.042+0.502%Kraken Futures11.043+0.508%Orderly11.043+0.510%SunX11.056+0.630%Injective11.170+1.666%
Polymarket Perps
Binance
Lighter
dYdX
MEXC
Phemex
gTrade (Gains Network)
GMX
Hyperliquid
Kraken Futures
Orderly
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.399% | −0.0245% | 8h | $2.9M | $3.0M | — | as long as short |
| ApeX Omni AVAXUSDT | −0.272% | −0.0356% | 1h | $138K | $729K | 50x | as long as short |
| HTX AVAX-USDT | −0.236% | +0.0100% | 8h | $355K | $1.4M | 75x | as long as short |
| Nado AVAX-PERPshort | −0.091% | +0.0090% | 1h | $310K | $1.4M | 10x | |
| Bybit AVAXUSDT | −0.073% | −0.0419% | 8h | $88.0M | $170.4M | 75x | as long as short |
| Popdex AVAXUSDT | −0.063% | +0.0096% | 1h | $16K | $862K | 50x | as long as short |
| Aster AVAXUSDT | −0.054% | −0.0003% | 8h | $2.3M | $2.6M | 75x | as long as short |
| Bitget AVAXUSDT | −0.054% | +0.0064% | 8h | $34.0M | $73.6M | 75x | as long as short |
| Reya AVAXRUSDPERP | −0.050% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| BingX AVAX-USDC | −0.045% | +0.0066% | 8h | — | $6.6M | — | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo AVAX-PERP | −0.037% | +0.0080% | 1h | $253K | — | 3x | as long as short |
| OKX AVAX-USDT-SWAP | −0.036% | −0.0009% | 8h | $20.4M | $171.0M | 50x | as long as short |
| BloFin AVAX-USDT | −0.036% | +0.0003% | 8h | $5.1M | $11.0M | 100x | as long as short |
| Extended AVAX-USD | −0.028% | +0.0104% | 1h | $636K | $2.4M | 25x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.027% | +0.0096% | 1h | $811K | $10.4M | 50x | as long as short |
| Gate AVAX_USDT | −0.018% | −0.0181% | 8h | $12.3M | $44.8M | 75x | as long as short |
| KuCoin AVAXUSDTM | −0.018% | +0.0100% | 8h | $14.6M | $27.4M | 75x | as long as short |
| SoDEX AVAX-USD | −0.009% | −0.0079% | 1h | $19K | $75K | 10x | as long as short |
| Paradex AVAX-USD-PERP | −0.004% | +0.0055% | 8h | $13K | $2K | 20x | as long as short |
| Pacifica AVAX | 0.000% | +0.0100% | 1h | $298K | $137K | 10x | as long as short |
| Backpack AVAX_USDC_PERP | 0.000% | −0.0029% | 1h | $316K | $592K | 15x | as long as short |
| Deribit AVAX_USDC-PERPETUALlong | 0.000% | −0.0294% | 1h | $5.2M | $11.8M | 25x | |
| Polymarket Perps AVAX-USD | +0.009% | +0.0023% | 1h | $111K | $520K | 10x | as long as short |
| Binance AVAXUSDT | +0.009% | +0.0001% | 8h | $119.9M | $634.8M | 75x | as long as short |
| Lighter AVAX | +0.011% | +0.0096% | 1h | $1.3M | $3.2M | 10x | as long as short |
| dYdX AVAX-USD | +0.018% | 0.0000% | 1h | $63K | $173K | 10x | as long as short |
| MEXC AVAX_USDT | +0.018% | +0.0001% | 8h | $51.8M | $144.7M | 200x | as long as short |
| Phemex AVAXUSDT | +0.018% | −0.0034% | 8h | $29.5M | $4.9M | 50x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.036% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.038% | L +0.0402% / S −0.0235% | 1h | $232K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.101% | +0.0100% | 1h | $43.0M | $67.4M | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.107% | −0.0023% | 1h | $4.4M | $17.4M | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.109% | +0.0100% | 8h | $194K | $404K | 20x | as long as short |
| SunX AVAX-USDT | +0.228% | +0.0100% | 8h | $12K | $700K | 20x | as long as short |
| Injective AVAX/USDC PERP | +1.260% | +0.0033% | 1h | $17K | $79K | 12x | as long as short |