AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against Nado+0.018%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$944as in the Price arb table

costs, in and out, $10k−$9489.483% of the position

Long on Nado Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.045%+$4 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.018%, 7d avg −0.025%

Together, before fees−0.071%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aevo is 0.043% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.045% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.691	−0.0192	get 0.0024% / 1h	48m 01s	$286K	$338K	10x
Short	Aevo AVAX-PERP	10.693	0.0104	get 0.0013% / 1h	48m 01s	$246K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Nado. 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 NadobpFee AevobpOrdersPrice spread, now +0.018%Rate

Funding earned: $62.23
Price spread: +0.018% → −0.025%: $4.3
Slippage, 4 orders: −$925.28
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$881.75
Costs to cover: 9.483%
Break-even: 106.2 days

Slippage from Nado: live order book, 60 min ago; Aevo: live order book, 61 min ago.

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 Nado live order book, 60 min ago	1.89 bp	10.3 bp −$10	23.3 bp −$233	doesn't fit	doesn't fit
Sell Aevo live order book, 61 min ago	223.38 bp	463.4 bp −$463	doesn't fit	doesn't fit	doesn't fit

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-PERPlong	−0.0192%	1h	10.691	long leg	$286K	$338K	10x
Variational Omni AVAX	−0.0038%	8h	10.723	+0.292%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.697	+0.051%	$4.8M	$7.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.707	+0.141%	$89K	$117K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.697	+0.055%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.641%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0036%	8h	10.695	+0.033%	$12.7M	$32.0M	75x	as long as short
SoDEX AVAX-USD	+0.0075%	1h	10.695	+0.033%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.705	+0.123%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.691	−0.005%	$81.6M	$147.3M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.695	+0.036%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.692	+0.005%	$23K	$428K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.704	+0.117%	$37.4M	$43.9M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.697	+0.051%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.705	+0.126%	$269K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.701	+0.089%	$113.8M	$427.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.687	−0.042%	$18.7M	$112.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.696	+0.042%	$44.6M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.691	−0.005%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.690	−0.014%	$32.4M	$48.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.699	+0.070%	—	$54.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.698	+0.061%	$427K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.226%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.722	+0.285%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.694	+0.023%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.702	+0.098%	$230K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.726	+0.322%	$12K	$763K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.695	+0.037%	$343K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.697	+0.051%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.686	−0.051%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	10.693	+0.018%	$246K	—	3x
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.701	+0.091%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.398%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.710	+0.173%	$4.7M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.689	−0.025%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.697	+0.051%	$226K	—	120x	as long as short