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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h +0.096%
Price spread now: Coinbase International against Variational Omni+0.257%7-day average +0.116% · 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 4 days (all we have)+0.238%+$24 on $10k
Price spread, last 4 days (all we have)−0.225%−$23 · spread now +0.257%, 7d avg +0.116%
Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.141% dearer against Variational Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.116%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AVAX10.666−0.0067get 0.0067% / 8h58m 48s$2.9M$2.2M
ShortCoinbase International AVAX-PERP-INTX10.6930.0224get 0.0028% / 1h58m 48s$849K$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$61.18
Price spread: +0.257% → +0.116%
$14.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$65.23
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, just now; Coinbase International: live order book, 5 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, just now3.18 bpdoesn't fit13.7 bp −$137doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago2.81 bp11.6 bp −$1222.7 bp −$227doesn't fitdoesn'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
Nado AVAX-PERP−0.0435%1h10.684+0.177%$281K$335K10xas long as short
Kraken Futures PF_AVAXUSD−0.0185%1h10.685+0.180%$3.8M$12.0M50xas long as short
Variational Omni AVAXlong−0.0067%8h10.666long leg$2.9M$2.2M
dYdX AVAX-USD0.0000%1h10.687+0.205%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.687+0.200%$4.8M$6.9M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.688+0.212%$12K150xas long as short
Gate AVAX_USDT+0.0012%8h10.683+0.163%$12.9M$30.4M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.885%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0083%8h10.687+0.197%$12K$21220xas long as short
Bybit AVAXUSDT+0.0084%8h10.679+0.125%$81.4M$143.0M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.685+0.183%$1.2M$2.4M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.688+0.210%$25K$472K50xas long as short
Hyperliquid AVAX+0.0100%1h10.694+0.266%$37.2M$43.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.689+0.216%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.689+0.219%$268K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.682+0.153%$112.9M$418.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.679+0.125%$18.8M$110.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.682+0.153%$45.7M$78.7M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.680+0.135%$13.6M$22.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.683+0.163%$32.4M$48.4M75xas long as short
BingX AVAX-USDC+0.0100%8h10.679+0.125%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.689+0.219%$436K$558K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.669+0.031%$339K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.675+0.088%$172K$661K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.688+0.210%$134K$347K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.694+0.266%$231K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.716+0.472%$11K$769K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.685+0.182%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.687+0.196%$325K$879K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.688+0.210%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.677+0.107%$609K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.679+0.129%$245K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.684+0.172%$4.6M$5.5M100xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0224%1h10.693+0.257%$849K$5.1M50x
Reya AVAXRUSDPERP+0.0245%1h10.680+0.137%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.687+0.203%$225K120xas long as short