Funding you earn now, next payment 00:00 UTC−0.0206%/8h= −22.5% APRnext payment −$0.26 per $10,000 · paid last 24h −0.132%
Price spread now: Deribit against SoDEX0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 11.247 | 0.0100 | pay 0.0013% / 1h | 44m 02s | $19K | $72K | 10x |
| Short | Deribit AVAX_USDC-PERPETUAL | 11.247 | −0.0106 | pay 0.0013% / 1h | 44m 02s | $5.3M | $8.9M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SoDEX. 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
- −$43.16
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$58.16
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 5 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 5 min ago | 1.78 bp | 6.1 bp −$6 | 73.6 bp −$736 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1451% | 1h | 11.210 | −0.329% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUALshort | −0.0106% | 1h | 11.247 | 0.000% | $5.3M | $8.9M | 25x | |
| Nado AVAX-PERP | −0.0088% | 1h | 11.245 | −0.013% | $297K | $885K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.246 | −0.011% | $103K | $111K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.255 | +0.071% | $13K | — | 150x | as long as short |
| Variational Omni AVAX | +0.0062% | 8h | 11.258 | +0.099% | $3.0M | $2.4M | — | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.249 | +0.021% | $1.2M | $3.3M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.253 | +0.053% | $18K | $676K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.243 | −0.039% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.254 | +0.059% | $2.3M | $1.8M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.248 | +0.012% | $299K | $118K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.249 | +0.015% | $120.3M | $517.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.248 | +0.009% | $89.5M | $155.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.249 | +0.018% | $20.2M | $144.9M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.250 | +0.027% | $12.2M | $40.1M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.251 | +0.036% | $52.2M | $93.1M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.256 | +0.080% | $15.8M | $24.3M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.254 | +0.062% | $34.3M | $59.0M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.249 | +0.018% | — | $87.0M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.254 | +0.062% | $360K | $564K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.249 | +0.015% | $359K | $864K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.244 | −0.027% | $181K | $684K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.256 | +0.080% | $134K | $438K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.256 | +0.080% | $205K | $303K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.285 | +0.338% | $12K | $733K | 20x | as long as short |
| SoDEX AVAX-USDlong | +0.0100% | 1h | 11.247 | long leg | $19K | $72K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.248 | +0.004% | $363K | $1.0M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.250 | +0.027% | $30.2M | $5.0M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.246 | −0.005% | $672K | $2.1M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.244 | −0.024% | $258K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.248 | +0.009% | $5.0M | $7.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.252 | +0.045% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0270% | 1h | 11.253 | +0.053% | $4.6M | $13.2M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0280% | 1h | 11.261 | +0.124% | $917K | $8.0M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0419% / S −0.0272% | 1h | 11.255 | +0.070% | $237K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0862% | 1h | 11.272 | +0.225% | $43.7M | $55.3M | 10x | as long as short |
SoDEX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
Injective AVAX/USDC PERP
gTrade (Gains Network) AVAX/USD
Variational Omni AVAX
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX