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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0183%/8h= +20.0% APRpaid last 24h +0.094%
Price spread now: Coinbase International against Variational Omni+0.070%7-day average +0.111% · 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 3 days (all we have)+0.223%+$22 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.070%, 7d avg +0.111%
Together, before fees+0.105%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.041% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.111%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AVAX11.2600.0009pay 0.0009% / 8h1h 14m$3.0M$2.4M
ShortCoinbase International AVAX-PERP-INTX11.2680.0192get 0.0024% / 1h14m 06s$912K$8.2M50x

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
$38.42
Price spread: +0.070% → +0.111%
−$4.06
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
$24.35
Costs to cover
0.100%
Break-even
2.6 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; 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, 5 min ago3.19 bpdoesn't fit9.7 bp −$97doesn't fitdoesn't fit
Sell Coinbase International live order book, 5 min ago3.99 bp13.7 bp −$1420.6 bp −$206doesn'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
Injective AVAX/USDC PERP−0.0570%1h11.210−0.445%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0105%1h11.257−0.027%$5.3M$9.1M25xas long as short
Nado AVAX-PERP−0.0039%1h11.261+0.012%$297K$893K10xas long as short
dYdX AVAX-USD0.0000%1h11.264+0.039%$104K$106K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.259−0.011%$13K150xas long as short
Variational Omni AVAXlong+0.0009%8h11.260long leg$3.0M$2.4M
Lighter AVAX+0.0096%1h11.261+0.006%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.259−0.010%$18K$684K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h11.253−0.059%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.263+0.022%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.266+0.052%$299K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.257−0.029%$120.5M$524.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.256−0.036%$89.2M$157.1M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.255−0.045%$20.3M$146.4M50xas long as short
Gate AVAX_USDT+0.0100%8h11.260−0.001%$12.4M$40.6M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.259−0.010%$52.0M$100.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.264+0.035%$16.1M$24.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.257−0.027%$34.2M$60.0M75xas long as short
BingX AVAX-USDT+0.0100%8h11.260−0.001%$89.0Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.261+0.008%$360K$568K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.260−0.001%$360K$877K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.263+0.026%$181K$686K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.262+0.017%$134K$459K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.267+0.061%$203K$301K20xas long as short
SunX AVAX-USDT+0.0100%8h11.292+0.281%$12K$733K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.258−0.019%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.258−0.023%$364K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.258−0.019%$30.3M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.253−0.061%$672K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.253−0.063%$258K3xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0192%1h11.268+0.070%$912K$8.2M50x
BloFin AVAX-USDT+0.0220%8h11.251−0.081%$5.0M$8.0M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.259−0.010%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0409% / S −0.0256%1h11.260−0.003%$237K120xas long as short
Hyperliquid AVAX+0.0612%1h11.276+0.141%$43.6M$56.8M10xas long as short
Kraken Futures PF_AVAXUSD+0.0628%1h11.265+0.045%$4.6M$13.5M50xas long as short