AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0123%/8h= −13.5% APRnext payment −$1.23 per $10,000 · paid last 24h −0.063%

Price spread now: Variational Omni against Paradex−0.350%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Variational Omni

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 airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.350% cheaper against Paradex than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AVAX-USD-PERP	10.572	0.0096	pay 0.0096% / 8h	2h 20m	$12K	$212	20x
Short	Variational Omni AVAX	10.535	−0.0027	pay 0.0027% / 8h	2h 20m	$2.7M	$2.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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 ParadexbpFee Variational OmnibpOrdersPrice spread, now −0.350%Rate

Funding earned: −$25.91
Price spread: −0.350% → 0.000%: −$34.99
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$64.9
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	3.23 bp	doesn't fit	10.4 bp −$104	doesn't fit	doesn't fit

Paradex: 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	−0.1423%	1h	10.760	+1.782%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0283%	1h	10.547	−0.236%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0054%	1h	10.546	−0.238%	$286K	$340K	10x	as long as short
Variational Omni AVAXshort	−0.0027%	8h	10.535	−0.350%	$2.7M	$2.2M	—
dYdX AVAX-USD	0.0000%	1h	10.563	−0.081%	$88K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.543	−0.271%	$4.7M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.546	−0.243%	$12K	—	150x	as long as short
Backpack AVAX_USDC_PERP	+0.0020%	1h	10.545	−0.252%	$367K	$563K	15x	as long as short
Gate AVAX_USDT	+0.0023%	8h	10.572	+0.003%	$12.2M	$32.8M	75x	as long as short
Bybit AVAXUSDT	+0.0069%	8h	10.559	−0.120%	$77.9M	$145.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.565	−0.065%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.572	+0.003%	$18K	$437K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0096%	1h	10.551	−0.195%	$131K	$354K	10x	as long as short
Paradex AVAX-USD-PERPlong	+0.0096%	8h	10.572	long leg	$12K	$212	20x
Hyperliquid AVAX	+0.0100%	1h	10.572	+0.003%	$37.8M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.567	−0.042%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.568	−0.034%	$266K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.573	+0.015%	$112.6M	$430.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.564	−0.072%	$18.6M	$111.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.573	+0.013%	$43.7M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.563	−0.082%	$13.2M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.573	+0.013%	$32.1M	$49.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.571	−0.006%	—	$54.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.527	−0.422%	$337K	$978K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.532	−0.375%	$170K	$662K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.550	−0.205%	$172K	$304K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.582	+0.093%	$11K	$758K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.542	−0.280%	$17K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.548	−0.222%	$342K	$804K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.545	−0.252%	$28.1M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.571	−0.010%	$633K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.543	−0.269%	$242K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.544	−0.261%	$836K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.545	−0.252%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.546	−0.244%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.543	−0.270%	$231K	—	120x	as long as short