Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0064%/8h= +7.1% APRnext payment +$0.64 per $10,000 · paid last 24h +0.048%
Price spread now: Bybit against Variational Omni+0.169%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.094%+$9 on $10k
Price spread, last 7 days−0.149%−$15 · spread now +0.169%, 7d avg −0.003%
Together, before fees−0.055%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.172% dearer against Variational Omni than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AVAX11.2260.0036pay 0.0036% / 8h58m 24s$3.0M$2.4M
ShortBybit AVAXUSDT11.2450.0100get 0.0100% / 8h58m 24s$89.5M$157.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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

Funding earned
$13.53
Price spread: +0.169% → −0.003%
$17.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$19.78
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago3.20 bpdoesn't fit10.4 bp −$104doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago0.44 bp7.9 bp −$812.8 bp −$12835.0 bp −$3,499doesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1451%1h11.190−0.321%$17K$151K12xas long as short
Nado AVAX-PERP−0.0131%1h11.254+0.250%$297K$892K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0106%1h11.239+0.116%$5.3M$9.0M25xas long as short
dYdX AVAX-USD0.0000%1h11.257+0.273%$104K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.246+0.178%$13K150xas long as short
Variational Omni AVAXlong+0.0036%8h11.226long leg$3.0M$2.4M
Lighter AVAX+0.0096%1h11.252+0.228%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.247+0.187%$18K$687K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.253+0.243%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.247+0.186%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.253+0.241%$299K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.245+0.169%$120.2M$522.5M75xas long as short
Bybit AVAXUSDTshort+0.0100%8h11.245+0.169%$89.5M$157.0M75x
OKX AVAX-USDT-SWAP+0.0100%8h11.241+0.134%$20.3M$146.0M50xas long as short
Gate AVAX_USDT+0.0100%8h11.247+0.187%$12.5M$39.8M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.248+0.196%$51.3M$92.9M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.253+0.241%$15.8M$24.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.242+0.143%$34.3M$59.7M75xas long as short
BingX AVAX-USDT+0.0100%8h11.244+0.160%$87.7Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.241+0.134%$359K$568K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.229+0.027%$359K$877K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.224−0.018%$180K$686K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.250+0.214%$134K$459K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.253+0.241%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.271+0.397%$12K$734K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.240+0.125%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.236+0.094%$363K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.238+0.107%$30.2M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.237+0.100%$669K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.278+0.461%$259K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.239+0.116%$5.0M$7.9M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.246+0.177%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0270%1h11.247+0.184%$4.6M$13.4M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.260+0.303%$918K$8.1M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0414% / S −0.0264%1h11.245+0.171%$237K120xas long as short
Hyperliquid AVAX+0.0740%1h11.268+0.374%$43.6M$56.7M10xas long as short