AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0241%/8h= −26.4% APRpaid last 24h −0.091%

Price spread now: Variational Omni against Coinbase International−0.496%7-day average −0.111% · you buy dearer than you sell

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.221%−$22 on $10k

Price spread, last 3 days (all we have)+0.625%+$63 · spread now −0.496%, 7d avg −0.111%

Together, before fees+0.405%+ Points / potential airdropVariational Omni: Active · farm board+$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.385% cheaper against Coinbase International than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of −0.111%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	11.184	0.0056	pay 0.0007% / 1h	46m 58s	$893K	$8.1M	50x
Short	Variational Omni AVAX	11.129	−0.0185	pay 0.0185% / 8h	2h 46m	$2.9M	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now −0.496%Rate

Funding earned: −$50.7
Price spread: −0.496% → −0.111%: −$38.47
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$99.17
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Coinbase International live order book, 2 min ago	3.59 bp	11.0 bp −$11	15.3 bp −$153	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	3.19 bp	doesn't fit	12.5 bp −$125	doesn't fit	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
Deribit AVAX_USDC-PERPETUAL	−0.0197%	1h	11.183	−0.009%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAXshort	−0.0185%	8h	11.129	−0.496%	$2.9M	$2.1M	—
Nado AVAX-PERP	−0.0095%	1h	11.174	−0.085%	$296K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.751%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0016%	1h	11.185	+0.005%	$666K	$2.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.169	−0.133%	$98K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.177	−0.063%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0037%	8h	11.182	−0.018%	$84.8M	$149.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0040%	8h	11.185	+0.009%	$20.0M	$147.0M	50x	as long as short
Gate AVAX_USDT	+0.0049%	8h	11.182	−0.018%	$12.4M	$39.5M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0055%	8h	11.175	−0.080%	$29.9M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0056%	1h	11.184	long leg	$893K	$8.1M	50x
MEXC AVAX_USDT	+0.0064%	8h	11.186	+0.018%	$54.1M	$108.6M	200x	as long as short
Binance AVAXUSDT	+0.0065%	8h	11.184	+0.001%	$120.0M	$539.5M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0094%	8h	11.163	−0.189%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.180	−0.035%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.162	−0.197%	$13K	$697K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.174	−0.094%	$257K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.182	−0.015%	$2.3M	$2.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.166	−0.157%	$297K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.187	+0.027%	$15.8M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.186	+0.018%	$34.4M	$61.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.187	+0.027%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.184	0.000%	$326K	$553K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.124	−0.539%	$357K	$907K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.130	−0.483%	$179K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.177	−0.063%	$117K	$466K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.185	+0.009%	$201K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.212	+0.249%	$12K	$712K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.179	−0.045%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.167	−0.155%	$357K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0185%	8h	11.174	−0.089%	$5.0M	$8.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.178	−0.055%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0257%	1h	11.186	+0.018%	$4.7M	$13.6M	50x	as long as short
Hyperliquid AVAX	+0.0383%	1h	11.198	+0.125%	$42.4M	$58.4M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.176	−0.069%	$241K	—	120x	as long as short