AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.002%

Price spread now: dYdX against Nado−0.077%7-day average −0.023% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$306as in the Price arb table

costs, in and out, $10k−$3013.008% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.061%−$6 on $10k

Price spread, last 4 days (all we have)−0.399%−$40 · spread now −0.077%, 7d avg −0.023%

Together, before fees−0.460%+ Points / potential airdropNado: Active · farm board−$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.055% cheaper against Nado than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.023%). If the spread goes back, that is −$5 on $10k: about 5.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	11.144	−0.0032	get 0.0004% / 1h	38m 01s	$287K	$373K	10x
Short	dYdX AVAX-USD	11.136	0	get 0.0000% / 1h	38m 01s	$97K	$97K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.077%Rate

Funding earned: $6.72
Price spread: −0.077% → −0.023%: −$5.48
Slippage, 4 orders: −$283.84
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$299.6
Costs to cover: 3.008%
Break-even: 319.3 days

Slippage from Nado: live order book, 20 min ago; dYdX: live order book, 86 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, 20 min ago	1.35 bp	10.3 bp −$10	19.1 bp −$191	doesn't fit	doesn't fit
Sell dYdX live order book, 86 min ago	135.84 bp	140.8 bp −$141	144.7 bp −$1,447	146.5 bp −$14.7K	169.9 bp −$85.0K

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
Injective AVAX/USDC PERP	−0.1423%	1h	11.120	−0.220%	$17K	$151K	12x	as long as short
Nado AVAX-PERPlong	−0.0032%	1h	11.144	long leg	$287K	$373K	10x
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.143	−0.013%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	11.136	−0.077%	$97K	$97K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.144	−0.002%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.139	−0.048%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.147	+0.022%	$16K	$579K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.134	−0.095%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.147	+0.021%	$2.3M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.139	−0.050%	$290K	$114K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.138	−0.058%	$118.2M	$427.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.137	−0.067%	$88.4M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.137	−0.067%	$20.4M	$115.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.140	−0.040%	$12.2M	$34.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.137	−0.067%	$48.1M	$77.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.148	+0.031%	$15.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.135	−0.085%	$33.4M	$48.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.138	−0.058%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.142	−0.022%	$337K	$521K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.161	+0.152%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.157	+0.110%	$352K	$845K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.154	+0.085%	$179K	$673K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.150	+0.049%	$131K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.151	+0.058%	$196K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.175	+0.269%	$12K	$705K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.143	−0.013%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.140	−0.036%	$366K	$826K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.139	−0.049%	$29.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.132	−0.115%	$689K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.140	−0.043%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0211%	1h	11.148	+0.035%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.139	−0.049%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.156	+0.103%	$892K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.145	+0.002%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.144	−0.005%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0599%	1h	11.153	+0.076%	$43.2M	$42.3M	10x	as long as short