AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.277%

Price spread now: SoDEX against Injective−0.511%62s7-day average — · you buy dearer than you sell

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

Long on Injective Short on SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.511% cheaper against Injective than usual: you would sell low and buy high (spread −0.511% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 26 days of funding at the current rate (+$2 a day). The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective AVAX/USDC PERP	10.760	0.0033	pay 0.0004% / 1h	28m 10s	$17K	$152K	12x
Short	SoDEX AVAX-USD	10.705	0.0100	get 0.0013% / 1h	28m 10s	$18K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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 InjectivebpFee SoDEXbpOrdersPrice spread, now −0.511%Rate

Funding earned: $14
Price spread: −0.511% → 0.000%: −$51.12
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$45.14
Costs to cover: 0.080%
Break-even: 29.6 days

Slippage unknown: Injective: live order book, 16 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 Injective live order book, 16 min ago	32.76 bp	60.7 bp −$61	doesn't fit	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
Nado AVAX-PERP	−0.0181%	1h	10.699	−0.562%	$285K	$339K	10x	as long as short
Variational Omni AVAX	−0.0048%	8h	10.697	−0.589%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.705	−0.511%	$4.8M	$7.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.706	−0.506%	$89K	$117K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.708	−0.487%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.700	−0.558%	$12.8M	$32.2M	75x	as long as short
Injective AVAX/USDC PERPlong	+0.0033%	1h	10.760	long leg	$17K	$152K	12x
Paradex AVAX-USD-PERP	+0.0088%	8h	10.702	−0.543%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.704	−0.520%	$81.1M	$146.2M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.705	−0.515%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.701	−0.548%	$20K	$426K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.708	−0.483%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.703	−0.528%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.710	−0.469%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.705	−0.511%	$113.7M	$424.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.705	−0.511%	$18.8M	$112.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.706	−0.502%	$45.5M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.708	−0.483%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.702	−0.539%	$32.4M	$48.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.700	−0.558%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.703	−0.530%	$436K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.700	−0.555%	$341K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.712	−0.446%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.704	−0.520%	$136K	$352K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.710	−0.465%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	−0.244%	$11K	$765K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	10.705	−0.511%	$18K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	10.697	−0.589%	$336K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.704	−0.520%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.699	−0.562%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.700	−0.561%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.710	−0.469%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.712	−0.446%	$854K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.707	−0.493%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.699	−0.564%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.709	−0.478%	$226K	—	120x	as long as short