Funding you earn now, next payment 07:00 UTC+0.0310%/8h= +34.0% APRpaid last 24h +0.017%
Price spread now: MEXC against Nado+0.163%51s7-day average −0.012% · 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—prices read too far apart to compare
costs, in and out, $10k−$220.216% of the position
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.163%, 7d avg −0.012%
=Together, before fees−0.316%+ Points / potential airdropNado: Active · farm board−$32 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 MEXC is 0.176% dearer against Nado than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.023% in total (about 2.4% a year). A funding rate is set anew for every payment. 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 | 10.706 | −0.0210 | get 0.0026% / 1h | 53m 33s | $287K | $339K | 10x |
| Short | MEXC AVAX_USDT | 10.723 | 0.0100 | get 0.0100% / 8h | 1h 53m | $45.2M | $80.2M | 200x |
Nado AVAX-PERP
MEXC AVAX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $65.14
- Price spread: +0.163% → −0.012%
- $17.58
- Slippage, 4 orders
- −$14.59
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $61.12
- Costs to cover
- 0.216%
- Break-even
- 0.4 days
Slippage from Nado: live order book, 54 min ago; MEXC: live order book, 5 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, 54 min ago | 1.89 bp | 10.3 bp −$10 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.47 bp | 0.6 bp −$1 | 3.0 bp −$30 | 31.4 bp −$3,139 | 100.5 bp −$50.3K |
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 | −0.0210% | 1h | 10.706 | long leg | $287K | $339K | 10x | |
| Variational Omni AVAX | −0.0033% | 8h | 10.709 | +0.029% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.719 | +0.127% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.716 | +0.098% | $4.8M | $7.3M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.716 | +0.102% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0033% | 8h | 10.720 | +0.135% | $12.7M | $32.0M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.509% | $17K | $152K | 12x | as long as short |
| SoDEX AVAX-USD | +0.0069% | 1h | 10.714 | +0.079% | $18K | $72K | 10x | as long as short |
| Bybit AVAXUSDT | +0.0091% | 8h | 10.719 | +0.126% | $82.0M | $147.8M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.720 | +0.138% | $1.2M | $2.5M | 10x | as long as short |
Variational Omni AVAX
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
SoDEX AVAX-USD
Bybit AVAXUSDT
Lighter AVAXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.0096% | 1h | 10.718 | +0.117% | $23K | $437K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.720 | +0.140% | $12K | $212 | 20x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.731 | +0.239% | $37.6M | $43.8M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.719 | +0.129% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.725 | +0.184% | $269K | $132K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.722 | +0.150% | $114.0M | $430.0M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.719 | +0.126% | $18.7M | $113.6M | 50x | as long as short |
| MEXC AVAX_USDTshort | +0.0100% | 8h | 10.723 | +0.163% | $45.2M | $80.2M | 200x | |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.721 | +0.145% | $13.6M | $23.0M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.718 | +0.117% | $32.5M | $49.1M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.720 | +0.135% | — | $53.8M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.716 | +0.098% | $428K | $563K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.716 | +0.102% | $336K | $1.0M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.720 | +0.135% | $173K | $663K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.710 | +0.042% | $136K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.723 | +0.163% | $231K | $351K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.738 | +0.305% | $11K | $766K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.716 | +0.093% | $343K | $879K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.718 | +0.117% | $28.6M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.714 | +0.080% | $610K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.708 | +0.027% | $246K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0113% | 1h | 10.719 | +0.125% | $4.2M | $11.4M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.724 | +0.173% | $933K | $5.1M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.710 | +0.042% | $4.7M | $5.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.704 | −0.011% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.717 | +0.103% | $226K | — | 120x | as long as short |
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]