AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h −0.077%

Price spread now: Variational Omni against Polymarket Perps+0.041%7-day average −0.078% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.140%−$14 on $10k

Price spread, last 3 days (all we have)−0.036%−$4 · spread now +0.041%, 7d avg −0.078%

Together, before fees−0.175%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.119% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.078%): +$12 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.174	0.0100	pay 0.0013% / 1h	44m 32s	$124K	$475K	10x
Short	Variational Omni AVAX	11.179	−0.0177	pay 0.0177% / 8h	2h 44m	$2.9M	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. 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 Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now +0.041%Rate

Funding earned: −$58.08
Price spread: +0.041% → −0.078%: $11.87
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$54.21
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 43 min ago; Variational Omni: RFQ quote, 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 Polymarket Perps live order book, 43 min ago	1.36 bp	5.4 bp −$5	7.9 bp −$79	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 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	−0.0286%	1h	11.183	+0.081%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAXshort	−0.0177%	8h	11.179	+0.041%	$2.9M	$2.1M	—
Nado AVAX-PERP	−0.0104%	1h	11.174	−0.002%	$296K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.662%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0016%	1h	11.162	−0.105%	$666K	$2.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.170	−0.038%	$98K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.177	+0.024%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0043%	8h	11.169	−0.045%	$12.5M	$39.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0045%	8h	11.172	−0.018%	$20.0M	$146.7M	50x	as long as short
Bybit AVAXUSDT	+0.0045%	8h	11.175	+0.009%	$84.9M	$150.9M	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	+0.0053%	8h	11.176	+0.018%	$30.0M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.192	+0.161%	$892K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0068%	8h	11.172	−0.018%	$53.9M	$108.7M	200x	as long as short
Binance AVAXUSDT	+0.0069%	8h	11.171	−0.027%	$119.8M	$538.5M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0094%	8h	11.163	−0.094%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.170	−0.036%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.165	−0.081%	$13K	$697K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.181	+0.063%	$257K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.172	−0.020%	$2.3M	$2.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.171	−0.023%	$297K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.174	0.000%	$15.9M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.174	0.000%	$34.4M	$61.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.174	0.000%	—	$90.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.177	+0.027%	$326K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.161	−0.120%	$358K	$907K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.171	−0.027%	$180K	$685K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.174	long leg	$124K	$475K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.191	+0.152%	$201K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.211	+0.328%	$12K	$712K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.182	+0.072%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.176	+0.016%	$358K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0189%	8h	11.182	+0.072%	$5.0M	$8.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.174	+0.001%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0257%	1h	11.193	+0.171%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.176	+0.018%	$241K	—	120x	as long as short
Hyperliquid AVAX	+0.0407%	1h	11.191	+0.152%	$42.5M	$58.5M	10x	as long as short