AVAX

Alert

Funding spread now, next payment 17:00 UTC+0.0325%/8h

paid, last 24h+0.066%paid, last 3 days+0.040%to open and closeno order book

Long on Variational Omni Short on Lighter

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.040% in total (about 4.8% 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	Variational Omni AVAX	11.099	−0.0229	get 0.0229% / 8h	7h 55m	$3.0M	$3.0M	—
Short	Lighter AVAX	11.086	0.0096	get 0.0012% / 1h	55m 23s	$1.3M	$3.1M	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee LighterbpOrdersRate

Funding earned: $68.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter: 0 bp × 2 orders: $0
Net: $68.26
Break-even: 0.0 days

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

Price risk

price view

Price gap now: −0.119%
Avg gap 7d: −0.010%

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 Variational Omni RFQ quote, just now	3.20 bp	doesn't fit	15.6 bp −$156	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	3.92 bp	6.2 bp −$6	19.1 bp −$191	91.7 bp −$9,172	doesn't fit

AVAX on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate AVAX_USDT	−0.0780%	8h	$12.4M	$44.5M	75x	as long as short
Bybit AVAXUSDT	−0.0726%	8h	$88.1M	$170.8M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0472%	1h	$5.2M	$11.9M	25x	as long as short
SoDEX AVAX-USD	−0.0285%	1h	$19K	$75K	10x	as long as short
Variational Omni AVAXlong	−0.0229%	8h	$3.0M	$3.0M	—
Polymarket Perps AVAX-USD	−0.0032%	1h	$111K	$523K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0023%	1h	$4.4M	$17.7M	50x	as long as short
OKX AVAX-USDT-SWAP	−0.0003%	8h	$20.7M	$173.6M	50x	as long as short
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

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0007%	8h	$120.7M	$638.8M	75x	as long as short
MEXC AVAX_USDT	+0.0008%	8h	$52.9M	$144.3M	200x	as long as short
Aster AVAXUSDT	+0.0016%	8h	$2.3M	$2.6M	75x	as long as short
Nado AVAX-PERP	+0.0025%	1h	$311K	$1.4M	10x	as long as short
Backpack AVAX_USDC_PERP	+0.0028%	1h	$320K	$593K	15x	as long as short
BloFin AVAX-USDT	+0.0030%	8h	$5.2M	$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	+0.0049%	8h	$13K	$2K	20x	as long as short
Bitget AVAXUSDT	+0.0069%	8h	$34.5M	$74.3M	75x	as long as short
BingX AVAX-USDC	+0.0069%	8h	—	$6.6M	—	as long as short
Aevo AVAX-PERP	+0.0080%	1h	$254K	—	3x	as long as short
Lighter AVAXshort	+0.0096%	1h	$1.3M	$3.1M	10x
Popdex AVAXUSDT	+0.0096%	1h	$16K	$872K	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0096%	1h	$848K	$10.5M	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	$42.5M	$69.3M	10x	as long as short
Pacifica AVAX	+0.0100%	1h	$300K	$137K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$14.7M	$27.7M	75x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	$139K	$730K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	$195K	$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	$357K	$1.4M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	$29.6M	$4.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	$649K	$2.4M	25x	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	$234K	—	120x	as long as short