Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.040%
Price spread now: Extended against Nado+0.004%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.314%−$31 · spread now +0.004%, 7d avg −0.074%
Together, before fees−0.341%+ Points / potential airdropNado: Active · Extended: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.078% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AVAX-PERP10.8370.0000pay 0.0000% / 1h49m 15s$275K$299K10x
ShortExtended AVAX-USD10.8370.0104get 0.0013% / 1h49m 15s$617K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$21.83
Price spread: +0.004% → −0.074%
$7.8
Slippage, 4 orders
−$17.14
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$0.48
Costs to cover
0.291%
Break-even
6.8 days
Slippage from Nado: live order book, 61 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 61 min ago1.39 bp9.4 bp −$918.3 bp −$183doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.46 bp4.7 bp −$56.7 bp −$67doesn't fitdoesn't fit

AVAX on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AVAX−0.0145%8h10.831−0.058%$3.0M$2.1Mas long as short
Gate AVAX_USDT−0.0120%8h10.842+0.046%$14.5M$26.7M75xas long as short
SoDEX AVAX-USD−0.0069%1h10.843+0.055%$18K$67K10xas long as short
Kraken Futures PF_AVAXUSD−0.0056%1h10.846+0.087%$3.7M$10.9M50xas long as short
Bybit AVAXUSDT−0.0054%8h10.840+0.028%$84.5M$131.4M75xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0027%1h10.845+0.074%$5.0M$6.6M25xas long as short
Phemex AVAXUSDT−0.0013%8h10.843+0.055%$28.9M$5.6M50xas long as short
dYdX AVAX-USD0.0000%1h10.846+0.087%$92K$100K10xas long as short
Nado AVAX-PERPlong0.0000%1h10.837long leg$275K$299K10x
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.884+0.434%$23K150xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−0.711%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0091%8h10.843+0.055%$19.3M$101.8M50xas long as short
Lighter AVAX+0.0096%1h10.844+0.064%$1.2M$1.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.840+0.028%$23K$438K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.836−0.005%$12K$6220xas long as short
Hyperliquid AVAX+0.0100%1h10.853+0.148%$36.2M$37.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.842+0.043%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.842+0.046%$273K$105K10xas long as short
Binance AVAXUSDT+0.0100%8h10.843+0.053%$114.0M$372.9M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.843+0.055%$52.4M$69.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.845+0.074%$14.1M$18.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.839+0.018%$33.0M$43.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.840+0.028%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.846+0.083%$438K$521K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.881+0.403%$342K$1.5M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.845+0.074%$174K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.842+0.046%$137K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.849+0.111%$235K$217K20xas long as short
SunX AVAX-USDT+0.0100%8h10.870+0.301%$12K$774K20xas long as short
HTX AVAX-USDT+0.0100%8h10.836−0.011%$325K$919K75xas long as short
Extended AVAX-USDshort+0.0104%1h10.837+0.004%$617K$1.4M25x
Aevo AVAX-PERP+0.0104%1h10.836−0.011%$249K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0208%1h10.848+0.102%$859K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.844+0.065%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.832−0.042%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0294%1h10.856+0.175%$229K120xas long as short