AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.061%

Price spread now: GRVT against Variational Omni+0.005%59s7-day average +0.040% · you sell dearer than you buy

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

Long on Variational Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.118%+$12 on $10k

Price spread, last 7 days+0.052%+$5 · spread now +0.005%, 7d avg +0.040%

Together, before fees+0.171%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.040%). If the spread goes back, that is −$3 on $10k: about 5.8 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.118% in total) that is about 23 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AVAX	11.235	0.0080	pay 0.0080% / 8h	30m 32s	$3.0M	$2.4M	—
Short	GRVT AVAX_USDT_Perp	11.236	0.0100	get 0.0100% / 8h	30m 32s	$352K	$862K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee Variational OmnibpFee GRVTbpOrdersPrice spread, now +0.005%Rate

Funding earned: $4.21
Price spread: +0.005% → +0.040%: −$3.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$8.26
Costs to cover: 0.090%
Break-even: 20.7 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GRVT: live order book, 47 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 Variational Omni RFQ quote, 4 min ago	3.21 bp	doesn't fit	9.3 bp −$93	doesn't fit	doesn't fit
Sell GRVT live order book, 47 min ago	1.78 bp	10.9 bp −$11	19.2 bp −$192	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.190	−0.402%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.232	−0.029%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0092%	1h	11.233	−0.015%	$296K	$881K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.235	−0.005%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.239	+0.036%	$13K	—	150x	as long as short
Variational Omni AVAXlong	+0.0080%	8h	11.235	long leg	$3.0M	$2.4M	—
Lighter AVAX	+0.0096%	1h	11.233	−0.017%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.233	−0.020%	$19K	$671K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.230	−0.043%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.236	+0.007%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.236	+0.006%	$298K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.233	−0.020%	$120.2M	$512.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.235	−0.002%	$89.4M	$155.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.235	−0.002%	$20.2M	$143.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.234	−0.011%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.235	−0.002%	$51.6M	$93.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.240	+0.043%	$15.8M	$24.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.234	−0.011%	$34.2M	$58.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.231	−0.037%	—	$86.8M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.237	+0.016%	$359K	$563K	15x	as long as short
GRVT AVAX_USDT_Perpshort	+0.0100%	8h	11.236	+0.005%	$352K	$862K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	+0.025%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.239	+0.034%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.245	+0.087%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.263	+0.245%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.234	−0.011%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.233	−0.015%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.235	−0.002%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.230	−0.050%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.232	−0.029%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.236	+0.007%	$5.0M	$7.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.235	0.000%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.239	+0.030%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.245	+0.087%	$914K	$7.9M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0424% / S −0.0279%	1h	11.238	+0.025%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0809%	1h	11.253	+0.158%	$43.7M	$55.1M	10x	as long as short