Funding you earn now, next payment 00:00 UTC+0.0198%/8h= +21.7% APRnext payment +$1.98 per $10,000 · paid last 24h +0.048%
Price spread now: Bybit against Variational Omni+0.093%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.093%, 7d avg −0.003%
=Together, before fees+0.011%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.096% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni AVAX | 11.058 | −0.0219 | get 0.0219% / 8h | 3h 18m | $2.8M | $2.2M | — |
| Short | Bybit AVAXUSDT | 11.068 | −0.0021 | pay 0.0021% / 8h | 3h 18m | $86.4M | $147.1M | 75x |
Variational Omni AVAX
Bybit AVAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $41.53
- Price spread: +0.093% → −0.003%
- $9.64
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $40.17
- Costs to cover
- 0.110%
- Break-even
- 0.2 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 1 min ago | 3.21 bp | doesn't fit | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.45 bp | 6.5 bp −$6 | 12.1 bp −$121 | 41.6 bp −$4,159 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVAXlong | −0.0219% | 8h | 11.058 | long leg | $2.8M | $2.2M | — | |
| Deribit AVAX_USDC-PERPETUAL | −0.0201% | 1h | 11.074 | +0.148% | $5.2M | $9.4M | 25x | as long as short |
| Nado AVAX-PERP | −0.0189% | 1h | 11.064 | +0.060% | $298K | $966K | 10x | as long as short |
| Bybit AVAXUSDTshort | −0.0021% | 8h | 11.068 | +0.093% | $86.4M | $147.1M | 75x | |
| OKX AVAX-USDT-SWAP | −0.0002% | 8h | 11.073 | +0.139% | $19.7M | $146.6M | 50x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.071 | +0.125% | $97K | $146K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.077 | +0.172% | $13K | — | 150x | as long as short |
| Extended AVAX-USD | +0.0008% | 1h | 11.071 | +0.117% | $651K | $2.2M | 25x | as long as short |
| Injective AVAX/USDC PERP | +0.0012% | 1h | 11.000 | −0.522% | $17K | $103K | 12x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0016% | 1h | 11.077 | +0.175% | $873K | $8.0M | 50x | as long as short |
Deribit AVAX_USDC-PERPETUAL
Nado AVAX-PERP
OKX AVAX-USDT-SWAP
dYdX AVAX-USD
gTrade (Gains Network) AVAX/USD
Extended AVAX-USD
Injective AVAX/USDC PERP
Coinbase International AVAX-PERP-INTXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVAX_USDT | +0.0027% | 8h | 11.070 | +0.112% | $12.2M | $40.3M | 75x | as long as short |
| SoDEX AVAX-USD | +0.0031% | 1h | 11.072 | +0.130% | $18K | $72K | 10x | as long as short |
| MEXC AVAX_USDT | +0.0055% | 8h | 11.073 | +0.139% | $51.3M | $112.7M | 200x | as long as short |
| Binance AVAXUSDT | +0.0056% | 8h | 11.074 | +0.145% | $118.5M | $542.9M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0061% | 8h | 11.072 | +0.130% | $29.6M | $4.8M | 50x | as long as short |
| Backpack AVAX_USDC_PERP | +0.0074% | 1h | 11.063 | +0.048% | $314K | $550K | 15x | as long as short |
| BingX AVAX-USDC | +0.0085% | 8h | 11.071 | +0.121% | — | $6.5M | — | as long as short |
| Paradex AVAX-USD-PERP | +0.0089% | 8h | 11.058 | +0.007% | $13K | $766 | 20x | as long as short |
| Bitget AVAXUSDT | +0.0090% | 8h | 11.072 | +0.130% | $34.5M | $62.9M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.073 | +0.140% | $1.2M | $3.2M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.068 | +0.093% | $17K | $703K | 50x | as long as short |
| Aevo AVAX-PERP | +0.0096% | 1h | 11.073 | +0.143% | $254K | — | 3x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.068 | +0.091% | $2.3M | $2.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.065 | +0.068% | $299K | $117K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.075 | +0.157% | $16.0M | $24.9M | 75x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.042 | −0.142% | $358K | $863K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.046 | −0.106% | $178K | $686K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.074 | +0.148% | $115K | $486K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.082 | +0.220% | $199K | $302K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.095 | +0.336% | $12K | $704K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.062 | +0.035% | $354K | $1.2M | 75x | as long as short |
| BloFin AVAX-USDT | +0.0176% | 8h | 11.055 | −0.024% | $4.9M | $8.9M | 100x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0238% | 1h | 11.083 | +0.227% | $4.6M | $13.6M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0243% | 1h | 11.070 | +0.113% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0409% / S −0.0244% | 1h | 11.076 | +0.164% | $239K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0447% | 1h | 11.088 | +0.274% | $41.6M | $58.5M | 10x | as long as short |
Gate AVAX_USDT
SoDEX AVAX-USD
MEXC AVAX_USDT
Binance AVAXUSDT
Phemex AVAXUSDT
Backpack AVAX_USDC_PERP
BingX AVAX-USDC
Paradex AVAX-USD-PERP
Bitget AVAXUSDT
Lighter AVAX
Popdex AVAXUSDT
Aevo AVAX-PERP
Aster AVAXUSDT
Pacifica AVAX
KuCoin AVAXUSDTM
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
BloFin AVAX-USDT
Kraken Futures PF_AVAXUSD
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX