AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.028%

Price spread now: SoDEX against Kraken Futures−0.043%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures 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 0.043% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AVAXUSD	11.159	0.0045	pay 0.0006% / 1h	52m 01s	$4.3M	$11.6M	50x
Short	SoDEX AVAX-USD	11.154	0.0100	get 0.0013% / 1h	52m 01s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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 Kraken FuturesbpFee SoDEXbpOrdersPrice spread, now −0.043%Rate

Funding earned: $11.49
Price spread: −0.043% → 0.000%: −$4.3
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.81
Costs to cover: 0.180%
Break-even: 13.6 days

Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	2.24 bp	11.5 bp −$12	15.1 bp −$151	47.5 bp −$4,750	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	−0.1374%	1h	11.070	−0.796%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.151	−0.070%	$5.2M	$8.0M	25x	as long as short
Nado AVAX-PERP	−0.0095%	1h	11.157	−0.012%	$287K	$453K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.157	−0.012%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.157	−0.016%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSDlong	+0.0045%	1h	11.159	long leg	$4.3M	$11.6M	50x
Lighter AVAX	+0.0096%	1h	11.154	−0.040%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.156	−0.025%	$15K	$566K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.158	−0.009%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.157	−0.019%	$2.3M	$1.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.162	+0.028%	$291K	$113K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.153	−0.052%	$119.0M	$439.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.153	−0.052%	$88.6M	$138.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.156	−0.025%	$20.0M	$120.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.154	−0.043%	$12.2M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.154	−0.043%	$48.6M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.158	−0.007%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.153	−0.052%	$33.5M	$49.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.156	−0.025%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.156	−0.025%	$357K	$499K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.151	−0.073%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.099	−0.536%	$351K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.104	−0.491%	$178K	$680K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.159	+0.002%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.158	−0.007%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.188	+0.263%	$12K	$702K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.154	−0.043%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.150	−0.074%	$362K	$853K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.151	−0.070%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.149	−0.091%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.146	−0.112%	$256K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.144	−0.133%	$904K	$5.6M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.154	−0.046%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0354%	1h	11.169	+0.091%	$43.4M	$43.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.160	+0.008%	$237K	—	120x	as long as short