AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0393%/8h= −43.0% APRnext payment −$0.49 per $10,000 · paid last 24h −0.075%

Price spread now: Nado against Reya+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Nado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.059% dearer against Reya than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya AVAXRUSDPERP	10.660	0.0245	pay 0.0031% / 1h	56m 15s	$1K	—	20x
Short	Nado AVAX-PERP	10.666	−0.0148	pay 0.0018% / 1h	56m 15s	$280K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Reya. 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 ReyabpFee NadobpOrdersPrice spread, now +0.059%Rate

Funding earned: −$82.44
Price spread: +0.059% → 0.000%: $5.87
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$89.57
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Nado: live order book, 46 min ago. Net counts fees only.

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 Reya no order-book sample	—	—	—	—	—
Sell Nado live order book, 46 min ago	0.47 bp	8.9 bp −$9	16.7 bp −$167	doesn't fit	doesn't fit

Reya: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AVAXUSD	−0.0185%	1h	10.662	+0.022%	$3.8M	$12.0M	50x	as long as short
Nado AVAX-PERPshort	−0.0148%	1h	10.666	+0.059%	$280K	$335K	10x
Variational Omni AVAX	−0.0067%	8h	10.666	+0.055%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.674	+0.138%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.666	+0.059%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.667	+0.068%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0008%	8h	10.669	+0.087%	$12.9M	$30.4M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.940%	$17K	$151K	12x	as long as short
SoDEX AVAX-USD	+0.0079%	1h	10.663	+0.031%	$18K	$72K	10x	as long as short
Bybit AVAXUSDT	+0.0081%	8h	10.666	+0.059%	$81.3M	$142.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0083%	8h	10.665	+0.047%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.663	+0.030%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.667	+0.068%	$25K	$470K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.677	+0.162%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.671	+0.106%	$2.2M	$994K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.674	+0.134%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.669	+0.087%	$112.8M	$417.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.666	+0.059%	$18.7M	$110.5M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.668	+0.077%	$45.4M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.661	+0.012%	$13.6M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.670	+0.096%	$32.3M	$48.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.667	+0.068%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.671	+0.106%	$435K	$557K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.669	+0.086%	$339K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.675	+0.143%	$172K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.667	+0.068%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.671	+0.106%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.696	+0.340%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.676	+0.156%	$325K	$879K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.670	+0.096%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.658	−0.012%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.665	+0.054%	$245K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.678	+0.171%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.695	+0.331%	$850K	$5.1M	50x	as long as short
Reya AVAXRUSDPERPlong	+0.0245%	1h	10.660	long leg	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.666	+0.057%	$225K	—	120x	as long as short