Funding arb · Price arb /

AVAX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%

Price spread now: SoDEX against Variational Omni−0.033%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.033% cheaper against Variational Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AVAX	10.996	0.0100	pay 0.0100% / 8h	3h 56m	$2.9M	$2.2M	—
Short	SoDEX AVAX-USD	10.992	0.0100	get 0.0013% / 1h	56m 20s	$18K	$71K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → 0.000%: −$3.25
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.25
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; SoDEX: no order-book sample. 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, 3 min ago	3.23 bp	doesn't fit	16.1 bp −$161	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1421%	1h	10.940	−0.505%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0114%	1h	10.993	−0.023%	$5.1M	$7.8M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.980	−0.146%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.986	−0.084%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.995	−0.008%	$4.2M	$11.2M	50x	as long as short
Nado AVAX-PERP	+0.0033%	1h	10.979	−0.155%	$285K	$317K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.992	−0.037%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.979	−0.151%	$15K	$458K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.979	−0.148%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.983	−0.115%	$2.2M	$1.1M	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	10.981	−0.132%	$277K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.989	−0.059%	$115.8M	$428.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.984	−0.105%	$85.0M	$139.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.992	−0.033%	$20.2M	$114.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.983	−0.114%	$12.1M	$32.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.982	−0.123%	$45.7M	$77.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.982	−0.123%	$15.4M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.991	−0.042%	$33.0M	$47.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.991	−0.042%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.986	−0.087%	$368K	$548K	15x	as long as short
Variational Omni AVAXlong	+0.0100%	8h	10.996	long leg	$2.9M	$2.2M	—
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.995	−0.006%	$351K	$882K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.999	+0.031%	$177K	$671K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.978	−0.160%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.999	+0.031%	$193K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.024	+0.260%	$12K	$717K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	10.992	−0.033%	$18K	$71K	10x
HTX AVAX-USDT	+0.0100%	8h	10.990	−0.054%	$366K	$811K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.995	−0.005%	$29.3M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.989	−0.064%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.990	−0.054%	$252K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.986	−0.087%	$5.0M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.003	+0.068%	$894K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.973	−0.208%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0306%	1h	10.992	−0.033%	$42.7M	$41.9M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.986	−0.091%	$233K	—	120x	as long as short