AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0294%/8h= −32.2% APRnext payment −$2.94 per $10,000 · paid last 24h −0.081%

Price spread now: Variational Omni against SunX−0.297%7-day average −0.324% · you buy dearer than you sell

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.138%−$14 on $10k

Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.297%, 7d avg −0.324%

Together, before fees+0.272%+ Points / potential airdropVariational Omni: Active · farm board+$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.027% dearer against SunX than usual: you sell high and buy low (spread −0.297% now, against its 7-day average of −0.324%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 3 days (−0.138% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	11.157	0.0100	pay 0.0100% / 8h	2h 51m	$11K	$712K	20x
Short	Variational Omni AVAX	11.123	−0.0194	pay 0.0194% / 8h	2h 51m	$2.9M	$2.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now −0.297%Rate

Funding earned: −$61.72
Price spread: −0.297% → −0.324%: $2.65
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$67.06
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 30 min ago; Variational Omni: RFQ quote, 3 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 SunX live order book, 30 min ago	41.89 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	3.19 bp	doesn't fit	11.5 bp −$115	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	−0.0468%	1h	11.128	−0.256%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAXshort	−0.0194%	8h	11.123	−0.297%	$2.9M	$2.1M	—
Nado AVAX-PERP	−0.0088%	1h	11.127	−0.270%	$296K	$959K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.507%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0024%	1h	11.126	−0.274%	$662K	$2.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.132	−0.225%	$98K	$127K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.132	−0.220%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0025%	8h	11.129	−0.247%	$84.8M	$149.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0032%	8h	11.128	−0.256%	$19.9M	$146.9M	50x	as long as short
Gate AVAX_USDT	+0.0044%	8h	11.130	−0.238%	$12.4M	$39.4M	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	+0.0048%	8h	11.125	−0.283%	$29.8M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.140	−0.149%	$889K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0061%	8h	11.126	−0.274%	$54.0M	$108.5M	200x	as long as short
Binance AVAXUSDT	+0.0064%	8h	11.127	−0.264%	$119.3M	$540.7M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	11.124	−0.289%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.130	−0.243%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.131	−0.229%	$12K	$702K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.120	−0.333%	$255K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.136	−0.185%	$2.3M	$2.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.129	−0.247%	$296K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.132	−0.220%	$15.8M	$24.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.130	−0.238%	$34.2M	$61.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.129	−0.247%	—	$90.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.147	−0.086%	$319K	$550K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.188	+0.281%	$361K	$905K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.114	−0.382%	$179K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.130	−0.238%	$117K	$466K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.134	−0.203%	$200K	$302K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	11.157	long leg	$11K	$712K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.127	−0.265%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.126	−0.279%	$356K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0184%	8h	11.122	−0.310%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.127	−0.267%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0258%	1h	11.139	−0.159%	$4.6M	$13.6M	50x	as long as short
Hyperliquid AVAX	+0.0357%	1h	11.144	−0.113%	$42.1M	$58.2M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.130	−0.241%	$240K	—	120x	as long as short