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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.077%
Price spread now: Variational Omni against Coinbase International−0.442%7-day average −0.119% · you buy dearer than you sell
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)−0.254%−$25 on $10k
Price spread, last 4 days (all we have)+0.572%+$57 · spread now −0.442%, 7d avg −0.119%
Together, before fees+0.318%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.323% cheaper against Coinbase International than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AVAX-PERP-INTX10.9240.0208pay 0.0026% / 1h54m 15s$863K$5.1M50x
ShortVariational Omni AVAX10.876−0.0140pay 0.0140% / 8h5h 54m$3.1M$2.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. 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
−$73.16
Price spread: −0.442% → −0.119%
−$32.27
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$115.43
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago4.59 bp12.4 bp −$1216.9 bp −$169doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.21 bpdoesn't fit7.6 bp −$76doesn't fitdoesn't fit

AVAX on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AVAXshort−0.0140%8h10.876−0.442%$3.1M$2.1M
Gate AVAX_USDT−0.0102%8h10.890−0.311%$14.6M$26.6M75xas long as short
SoDEX AVAX-USD−0.0086%1h10.885−0.357%$19K$68K10xas long as short
Kraken Futures PF_AVAXUSD−0.0056%1h10.891−0.303%$3.8M$10.9M50xas long as short
Phemex AVAXUSDT−0.0044%8h10.883−0.375%$29.0M$5.6M50xas long as short
Bybit AVAXUSDT−0.0044%8h10.883−0.375%$84.9M$132.2M75xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0025%1h10.889−0.320%$5.0M$6.6M25xas long as short
Nado AVAX-PERP−0.0018%1h10.886−0.348%$277K$300K10xas long as short
dYdX AVAX-USD0.0000%1h10.893−0.282%$93K$100K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.890−0.311%$23K150xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−1.501%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0095%8h10.882−0.384%$19.4M$102.7M50xas long as short
Lighter AVAX+0.0096%1h10.887−0.334%$1.2M$1.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.889−0.320%$23K$438K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.888−0.333%$12K$6220xas long as short
Aster AVAXUSDT+0.0100%8h10.889−0.325%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.891−0.302%$274K$122K10xas long as short
Binance AVAXUSDT+0.0100%8h10.888−0.329%$115.0M$373.3M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.888−0.330%$53.2M$69.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.892−0.293%$14.3M$18.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.886−0.348%$33.1M$43.3M75xas long as short
BingX AVAX-USDT+0.0100%8h10.885−0.357%$52.4Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.891−0.302%$440K$523K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.890−0.311%$342K$1.5M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.913−0.101%$175K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.890−0.311%$137K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.893−0.284%$236K$217K20xas long as short
SunX AVAX-USDT+0.0100%8h10.921−0.030%$12K$772K20xas long as short
HTX AVAX-USDT+0.0100%8h10.886−0.343%$326K$948K75xas long as short
Extended AVAX-USD+0.0104%1h10.879−0.408%$618K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.880−0.403%$250K3xas long as short
Hyperliquid AVAX+0.0119%1h10.905−0.174%$36.2M$37.4M10xas long as short
Coinbase International AVAX-PERP-INTXlong+0.0208%1h10.924long leg$863K$5.1M50x
BloFin AVAX-USDT+0.0220%8h10.892−0.293%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.885−0.358%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0294%1h10.892−0.297%$230K120xas long as short