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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0151%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Nado+0.052%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.052% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AVAX-PERP10.536−0.0051get 0.0006% / 1h26m 20s$287K$339K10x
ShortSoDEX AVAX-USD10.5410.0100get 0.0013% / 1h26m 20s$17K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$31.74
Price spread: +0.052% → 0.000%
$5.22
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$21.96
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: Nado: live order book, 21 min ago; SoDEX: no order-book sample. Net counts fees only.

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, 21 min ago1.89 bp10.3 bp −$1023.3 bp −$233doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1423%1h10.760+2.131%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0283%1h10.545+0.088%$4.2M$11.5M50xas long as short
Nado AVAX-PERPlong−0.0051%1h10.536long leg$287K$339K10x
Variational Omni AVAX−0.0006%8h10.571+0.336%$2.8M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.540+0.046%$87K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.541+0.052%$4.7M$7.5M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.541+0.053%$12K150xas long as short
Gate AVAX_USDT+0.0024%8h10.536+0.005%$12.1M$32.7M75xas long as short
Backpack AVAX_USDC_PERP+0.0075%1h10.535−0.005%$367K$563K15xas long as short
Bybit AVAXUSDT+0.0079%8h10.531−0.043%$77.8M$145.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps AVAX-USD+0.0080%1h10.542+0.062%$131K$355K10xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.546+0.101%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.540+0.044%$1.1M$2.6M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.544+0.081%$18K$441K50xas long as short
Hyperliquid AVAX+0.0100%1h10.548+0.119%$37.9M$44.0M10xas long as short
Aster AVAXUSDT+0.0100%8h10.535−0.005%$2.1M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h10.537+0.014%$265K$130K10xas long as short
Binance AVAXUSDT+0.0100%8h10.539+0.032%$112.1M$430.7M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.540+0.043%$18.6M$111.3M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.540+0.043%$43.0M$80.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.541+0.052%$13.1M$22.8M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.540+0.043%$31.7M$49.4M75xas long as short
BingX AVAX-USDT+0.0100%8h10.541+0.052%$54.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.602+0.631%$340K$978K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.606+0.669%$171K$661K50xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.544+0.081%$167K$339K20xas long as short
SunX AVAX-USDT+0.0100%8h10.570+0.331%$12K$758K20xas long as short
SoDEX AVAX-USDshort+0.0100%1h10.541+0.052%$17K$72K10x
HTX AVAX-USDT+0.0100%8h10.534−0.014%$342K$803K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.539+0.033%$28.1M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.537+0.010%$635K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.540+0.047%$242K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.541+0.052%$826K$4.8M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.530−0.052%$4.6M$5.6M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.541+0.051%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0271%1h10.541+0.054%$231K120xas long as short