AVAX

Alert

Funding spread now, next payment 17:00 UTC−0.0336%/8h

paid, last 24h−0.068%paid, last 3 days−0.063%to open and closeno order book

Long on Lighter Short on Variational Omni

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.063% in total (about -7.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AVAX	11.039	0.0096	pay 0.0012% / 1h	50m 23s	$1.3M	$3.1M	10x
Short	Variational Omni AVAX	11.048	−0.0240	pay 0.0240% / 8h	7h 50m	$3.0M	$3.0M	—

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Variational OmnibpOrdersRate

Funding earned: −$70.5
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$70.5
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 3 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Price risk

price view

Price gap now: +0.082%
Avg gap 7d: +0.019%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Lighter live order book, 3 min ago	2.31 bp	5.9 bp −$6	15.8 bp −$158	92.1 bp −$9,214	doesn't fit
Sell Variational Omni RFQ quote, just now	3.22 bp	doesn't fit	12.5 bp −$125	doesn't fit	doesn't fit

AVAX on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit AVAXUSDT	−0.0522%	8h	$87.4M	$170.0M	75x	as long as short
Gate AVAX_USDT	−0.0500%	8h	$12.3M	$44.6M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0384%	1h	$5.2M	$11.8M	25x	as long as short
ApeX Omni AVAXUSDT	−0.0260%	1h	$139K	$730K	50x	as long as short
Variational Omni AVAXshort	−0.0240%	8h	$3.0M	$3.0M	—
SoDEX AVAX-USD	−0.0205%	1h	$19K	$75K	10x	as long as short
Backpack AVAX_USDC_PERP	−0.0044%	1h	$319K	$592K	15x	as long as short
Kraken Futures PF_AVAXUSD	−0.0023%	1h	$4.4M	$17.5M	50x	as long as short
OKX AVAX-USDT-SWAP	−0.0008%	8h	$20.6M	$171.7M	50x	as long as short
Polymarket Perps AVAX-USD	−0.0008%	1h	$111K	$522K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX AVAX-USD	0.0000%	1h	$63K	$173K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	$12K	—	150x	as long as short
MEXC AVAX_USDT	+0.0002%	8h	$52.0M	$144.5M	200x	as long as short
Binance AVAXUSDT	+0.0003%	8h	$120.3M	$635.9M	75x	as long as short
Aster AVAXUSDT	+0.0005%	8h	$2.3M	$2.6M	75x	as long as short
BloFin AVAX-USDT	+0.0011%	8h	$5.1M	$11.4M	100x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	$17K	$79K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0051%	8h	$13K	$2K	20x	as long as short
Bitget AVAXUSDT	+0.0067%	8h	$34.3M	$73.9M	75x	as long as short
Nado AVAX-PERP	+0.0069%	1h	$310K	$1.4M	10x	as long as short
BingX AVAX-USDT	+0.0069%	8h	—	$104.7M	—	as long as short
Aevo AVAX-PERP	+0.0080%	1h	$254K	—	3x	as long as short
Lighter AVAXlong	+0.0096%	1h	$1.3M	$3.1M	10x
Popdex AVAXUSDT	+0.0096%	1h	$16K	$869K	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0096%	1h	$845K	$10.4M	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	$42.8M	$66.8M	10x	as long as short
Pacifica AVAX	+0.0100%	1h	$298K	$137K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$14.6M	$27.5M	75x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	$194K	$404K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	$12K	$695K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$356K	$1.4M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	$646K	$2.4M	25x	as long as short
Phemex AVAXUSDT	+0.0136%	8h	$29.6M	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0403% / S −0.0236%	1h	$233K	—	120x	as long as short