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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.041%
Price spread now: Variational Omni against dYdX−0.115%7-day average −0.017% · 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)−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.653%+$65 · spread now −0.115%, 7d avg −0.017%
Together, before fees+0.614%+ Points / potential airdropVariational Omni: Active · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.098% cheaper against dYdX than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.017%). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX AVAX-USD10.9400get 0.0000% / 1h25m 55s$96K$97K10x
ShortVariational Omni AVAX10.9270.0100get 0.0100% / 8h3h 25m$2.9M$2.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.115% → −0.017%
−$9.79
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.21
Costs to cover
0.100%
Break-even
6.6 days
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample
Sell Variational Omni RFQ quote, 3 min ago3.20 bpdoesn't fit11.7 bp −$117doesn't fitdoesn't fit
dYdX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1421%1h10.900−0.366%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0024%1h10.934−0.055%$5.0M$7.8M25xas long as short
dYdX AVAX-USDlong0.0000%1h10.940long leg$96K$97K10x
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.935−0.046%$12K150xas long as short
Kraken Futures PF_AVAXUSD+0.0020%1h10.937−0.030%$4.2M$11.1M50xas long as short
Nado AVAX-PERP+0.0032%1h10.935−0.046%$284K$318K10xas long as short
Lighter AVAX+0.0096%1h10.935−0.044%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.930−0.092%$15K$452K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h10.934−0.052%$12K$21220xas long as short
Aster AVAXUSDT+0.0100%8h10.939−0.008%$2.2M$1.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h10.939−0.006%$276K$131K10xas long as short
Binance AVAXUSDT+0.0100%8h10.932−0.073%$114.9M$426.0M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.928−0.110%$83.1M$140.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.930−0.092%$19.9M$112.6M50xas long as short
Gate AVAX_USDT+0.0100%8h10.933−0.064%$12.2M$32.4M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.932−0.073%$45.4M$78.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.936−0.037%$15.2M$21.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.932−0.073%$33.0M$47.6M75xas long as short
BingX AVAX-USDC+0.0100%8h10.933−0.064%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.936−0.037%$372K$548K15xas long as short
Variational Omni AVAXshort+0.0100%8h10.927−0.115%$2.9M$2.2M
GRVT AVAX_USDT_Perp+0.0100%8h10.942+0.021%$345K$939K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.950+0.091%$176K$667K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.936−0.037%$128K$343K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.941+0.009%$192K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h10.960+0.178%$11K$723K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.934−0.055%$18K$71K10xas long as short
HTX AVAX-USDT+0.0100%8h10.934−0.060%$363K$780K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.934−0.055%$29.2M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.929−0.097%$675K$1.3M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.929−0.102%$251K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.938−0.018%$4.9M$5.3M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0232%1h10.943+0.027%$890K$5.1M50xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.930−0.096%$1K20xas long as short
Hyperliquid AVAX+0.0299%1h10.948+0.073%$42.0M$41.4M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h10.936−0.037%$232K120xas long as short