AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%

Price spread now: Kraken Futures against Nado+0.060%7-day average +0.043% · 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−$45as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on Nado Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.060%, 7d avg +0.043%

Together, before fees−0.191%+ Points / potential airdropNado: Active · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AVAX-PERP	10.923	0.0030	pay 0.0004% / 1h	17m 00s	$284K	$308K	10x
Short	Kraken Futures PF_AVAXUSD	10.930	0.0020	get 0.0002% / 1h	17m 00s	$4.2M	$11.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$2.25
Price spread: +0.060% → +0.043%: $1.68
Slippage, 4 orders: −$30.12
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$47.69
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from Nado: live order book, 36 min ago; Kraken Futures: live order book, 2 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, 36 min ago	1.82 bp	10.8 bp −$11	20.6 bp −$206	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	2.29 bp	16.9 bp −$17	21.0 bp −$210	50.1 bp −$5,011	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
Injective AVAX/USDC PERP	−0.1421%	1h	10.880	−0.394%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0024%	1h	10.927	+0.037%	$5.0M	$7.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.931	+0.071%	$96K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.929	+0.055%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0020%	1h	10.930	+0.060%	$4.2M	$11.0M	50x
Nado AVAX-PERPlong	+0.0030%	1h	10.923	long leg	$284K	$308K	10x
Gate AVAX_USDT	+0.0083%	8h	10.925	+0.018%	$12.3M	$32.5M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.928	+0.043%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.926	+0.027%	$7K	$448K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.928	+0.050%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	10.925	+0.018%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.933	+0.089%	$275K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.921	−0.018%	$114.6M	$418.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.915	−0.073%	$82.7M	$138.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.919	−0.037%	$19.8M	$110.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.923	0.000%	$45.5M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.926	+0.027%	$15.0M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.916	−0.064%	$32.9M	$47.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.915	−0.073%	—	$54.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.919	−0.037%	$371K	$546K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.916	−0.068%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.921	−0.018%	$351K	$945K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.938	+0.137%	$176K	$665K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.926	+0.027%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.933	+0.092%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.957	+0.308%	$12K	$718K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.926	+0.027%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.925	+0.017%	$359K	$775K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.928	+0.046%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.922	−0.005%	$673K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.922	−0.013%	$251K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.923	0.000%	$4.9M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.937	+0.128%	$890K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.921	−0.016%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0248%	1h	10.930	+0.064%	$41.9M	$40.3M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0279%	1h	10.929	+0.051%	$237K	—	120x	as long as short