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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX AVAX-USD | 10.940 | 0 | get 0.0000% / 1h | 25m 55s | $96K | $97K | 10x |
| Short | Variational Omni AVAX | 10.927 | 0.0100 | get 0.0100% / 8h | 3h 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
click an exchange to add or hide itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.20 bp | doesn't fit | 11.7 bp −$117 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1421% | 1h | 10.900 | −0.366% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0024% | 1h | 10.934 | −0.055% | $5.0M | $7.8M | 25x | as long as short |
| dYdX AVAX-USDlong | 0.0000% | 1h | 10.940 | long leg | $96K | $97K | 10x | |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.935 | −0.046% | $12K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0020% | 1h | 10.937 | −0.030% | $4.2M | $11.1M | 50x | as long as short |
| Nado AVAX-PERP | +0.0032% | 1h | 10.935 | −0.046% | $284K | $318K | 10x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.935 | −0.044% | $1.2M | $2.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.930 | −0.092% | $15K | $452K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 10.934 | −0.052% | $12K | $212 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.939 | −0.008% | $2.2M | $1.1M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 10.939 | −0.006% | $276K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.932 | −0.073% | $114.9M | $426.0M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.928 | −0.110% | $83.1M | $140.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.930 | −0.092% | $19.9M | $112.6M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 10.933 | −0.064% | $12.2M | $32.4M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.932 | −0.073% | $45.4M | $78.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.936 | −0.037% | $15.2M | $21.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.932 | −0.073% | $33.0M | $47.6M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.933 | −0.064% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.936 | −0.037% | $372K | $548K | 15x | as long as short |
| Variational Omni AVAXshort | +0.0100% | 8h | 10.927 | −0.115% | $2.9M | $2.2M | — | |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.942 | +0.021% | $345K | $939K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.950 | +0.091% | $176K | $667K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.936 | −0.037% | $128K | $343K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.941 | +0.009% | $192K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.960 | +0.178% | $11K | $723K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.934 | −0.055% | $18K | $71K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.934 | −0.060% | $363K | $780K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.934 | −0.055% | $29.2M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.929 | −0.097% | $675K | $1.3M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.929 | −0.102% | $251K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.938 | −0.018% | $4.9M | $5.3M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 10.943 | +0.027% | $890K | $5.1M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.930 | −0.096% | $1K | — | 20x | as long as short |
| Hyperliquid AVAX | +0.0299% | 1h | 10.948 | +0.073% | $42.0M | $41.4M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 10.936 | −0.037% | $232K | — | 120x | as long as short |
Variational Omni AVAX
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Kraken Futures PF_AVAXUSD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]