AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h −0.103%

Price spread now: SoDEX against Hyperliquid−0.148%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.148% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 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	Hyperliquid AVAX	10.777	0.0100	pay 0.0013% / 1h	34m 36s	$35.9M	$40.3M	10x
Short	SoDEX AVAX-USD	10.761	−0.0084	pay 0.0010% / 1h	34m 36s	$18K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Hyperliquid. 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 HyperliquidbpFee SoDEXbpOrdersPrice spread, now −0.148%Rate

Funding earned: −$38.58
Price spread: −0.148% → 0.000%: −$14.85
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$70.43
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago	0.46 bp	7.6 bp −$8	13.0 bp −$130	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 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
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.766	−0.104%	$3.7M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0226%	1h	10.759	−0.162%	$280K	$325K	10x	as long as short
SoDEX AVAX-USDshort	−0.0084%	1h	10.761	−0.148%	$18K	$68K	10x
Variational Omni AVAX	−0.0081%	8h	10.763	−0.132%	$3.0M	$2.1M	—	as long as short
Phemex AVAXUSDT	−0.0070%	8h	10.760	−0.158%	$28.7M	$5.7M	50x	as long as short
Gate AVAX_USDT	−0.0044%	8h	10.759	−0.167%	$13.8M	$28.9M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.767	−0.097%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.766	−0.102%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.764	−0.118%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.158%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0084%	8h	10.757	−0.185%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.763	−0.129%	$1.2M	$2.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.759	−0.167%	$23K	$468K	50x	as long as short
GRVT AVAX_USDT_Perp	+0.0098%	8h	10.781	+0.037%	$337K	$1.2M	10x	as long as short
Hyperliquid AVAXlong	+0.0100%	1h	10.777	long leg	$35.9M	$40.3M	10x
Aster AVAXUSDT	+0.0100%	8h	10.768	−0.085%	$2.2M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.767	−0.089%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.759	−0.171%	$113.4M	$396.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.757	−0.186%	$84.2M	$137.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.759	−0.167%	$18.9M	$106.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.763	−0.130%	$53.3M	$79.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.764	−0.121%	$13.9M	$21.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.758	−0.176%	$32.9M	$45.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.758	−0.176%	—	$53.1M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.766	−0.102%	$438K	$535K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.773	−0.037%	$174K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.765	−0.111%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.768	−0.084%	$233K	$239K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.788	+0.106%	$12K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.764	−0.116%	$334K	$853K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.755	−0.202%	$612K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.756	−0.198%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.770	−0.065%	$854K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.762	−0.139%	$4.7M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.759	−0.169%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.765	−0.111%	$227K	—	120x	as long as short