AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0219%/8h= −24.0% APRnext payment −$2.19 per $10,000 · paid last 24h −0.066%

Price spread now: Variational Omni against MEXC−0.115%7-day average −0.028% · you buy dearer than you sell

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.123%−$12 on $10k

Price spread, last 7 days+0.078%+$8 · spread now −0.115%, 7d avg −0.028%

Together, before fees−0.045%+ Points / potential airdropVariational Omni: Active · farm board−$5 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 0.088% cheaper against MEXC than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.028%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AVAX_USDT	11.264	0.0077	pay 0.0077% / 8h	2h 30m	$55.2M	$109.4M	200x
Short	Variational Omni AVAX	11.251	−0.0142	pay 0.0142% / 8h	2h 30m	$2.9M	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.115%Rate

Funding earned: −$45.94
Price spread: −0.115% → −0.028%: −$8.79
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$54.72
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 MEXC live order book, 4 min ago	1.34 bp	1.3 bp −$1	5.3 bp −$53	53.4 bp −$5,336	110.0 bp −$55.0K
Sell Variational Omni RFQ quote, 4 min ago	3.20 bp	doesn't fit	14.1 bp −$141	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
Variational Omni AVAXshort	−0.0142%	8h	11.251	−0.115%	$2.9M	$2.1M	—
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.261	−0.027%	$5.3M	$9.4M	25x	as long as short
Nado AVAX-PERP	−0.0100%	1h	11.257	−0.058%	$297K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−1.456%	$17K	$127K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.258	−0.050%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.262	−0.018%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0016%	1h	11.259	−0.048%	$669K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.275	+0.098%	$914K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0057%	8h	11.267	+0.027%	$12.7M	$39.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0058%	8h	11.260	−0.036%	$20.0M	$148.1M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0062%	8h	11.276	+0.107%	$30.2M	$4.8M	50x	as long as short
MEXC AVAX_USDTlong	+0.0077%	8h	11.264	long leg	$55.2M	$109.4M	200x
Binance AVAXUSDT	+0.0078%	8h	11.275	+0.097%	$120.9M	$538.0M	75x	as long as short
Bybit AVAXUSDT	+0.0083%	8h	11.281	+0.151%	$87.3M	$153.2M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.272	+0.070%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.261	−0.027%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.255	−0.077%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.269	+0.045%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.259	−0.044%	$299K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.269	+0.044%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.261	−0.027%	$34.6M	$61.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.261	−0.027%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.259	−0.044%	$334K	$562K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.240	−0.217%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	−0.231%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.269	+0.044%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.268	+0.036%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.290	+0.228%	$12K	$715K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.260	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.267	+0.029%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.256	−0.072%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0198%	8h	11.246	−0.160%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.266	+0.014%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.271	+0.064%	$4.7M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.260	−0.033%	$243K	—	120x	as long as short
Hyperliquid AVAX	+0.0540%	1h	11.286	+0.195%	$43.7M	$58.5M	10x	as long as short