AVAX funding rates

AVAX perpetual funding across 14 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
16.8%long Variational, short Aster · net 14.7%
Highest funding now
11.4%Extended
Lowest funding now
−22.4%BybitCEX
Listed on
14 venues

Funding by venue

7d chartFlagsOpen
ExtendedAVAX-USD11.4%8.2%8.3%5.7%8.3%90%1h04:0010.86$494k$219kExExtended
HyperliquidAVAX10.9%7.5%6.3%8.9%6.1%81%1h—10.87$30.0M$9.0MHyHyperliquid
AsterAVAXUSDT10.9%10.9%10.9%10.2%10.9%100%8h08:0010.87$2.5M$800kAsAster
RWA PerpPERP_AVAX_USDC10.9%12.9%16.0%18.3%16.5%95%8h08:0010.87$386k$144kRwRWA Perp
NadoAVAX-PERP_USDT010.7%−3.4%−4.2%1.0%−4.3%38%1h04:0010.88$188k$278kNaNado
BitgetCEXAVAXUSDT10.0%10.9%8.5%8.8%8.1%95%8h08:0010.88$29.5M$15.4MBgBitget
GRVTAVAX_USDT_Perp6.6%9.2%5.0%9.0%4.3%81%8h08:0010.87$340k$831kGrGRVT
MEXCCEXAVAX_USDT5.7%8.6%3.0%5.7%2.1%71%8h08:0010.87$39.8M$47.6MMxMEXC
BinanceCEXAVAXUSDT5.5%6.7%1.7%5.2%0.7%64%8h08:0010.88$109.2M$147.4MBnBinance
PolymarketAVAX-USD2.3%10.4%8.8%8.1%8.5%92%1h04:0010.87$113k$164kPmPolymarket
LighterAVAX−7.0%−0.2%−2.8%0.2%−3.3%46%1h04:0010.86$1.2M$1.6MLiLighter
GateCEXAVAX_USDT−9.9%6.3%3.0%4.1%2.4%69%8h08:0010.88$79.9M$12.6MGtGate
VariationalAVAX−18.6%−4.2%−5.9%−7.1%−6.2%21%8h—10.85$2.5M$488kVaVariational
BybitCEXAVAXUSDT−22.4%3.7%3.5%4.7%3.4%71%8h08:0010.88$79.6M$32.2MByBybit

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalAster29.6%15.1%16.8%17.3%14.7%22.1%1.7dsteady$2.5Mspread not incl.VaAscalc
VariationalExtended30.0%12.4%14.2%12.7%12.9%19.4%1.3dsteady$494k8h/1hspread not incl.VaExcalc
VariationalPolymarket20.9%14.6%14.7%15.2%12.6%18.9%2.0dsteady$113k8h/1hinvite onlyspread not incl.VaPmcalc
LighterAster18.0%11.1%13.7%10.1%11.6%17.5%2.1dsteady$1.2M1h/8hLiAscalc
VariationalBitgetCEX28.6%15.1%14.5%15.8%11.3%17.0%3.0dsteady$2.5Mspread not incl.VaBgcalc
NadoAster0.2%14.3%15.1%9.2%11.2%16.7%3.6dsteady$188k1h/8hNaAscalc
VariationalHyperliquid29.6%11.6%12.2%15.9%9.9%14.8%2.7dsteady$2.5M8h/1hspread not incl.VaHycalc
LighterExtended18.4%8.3%11.1%5.5%9.8%14.7%1.6dsteady$494kLiExcalc
LighterPolymarket9.3%10.6%11.6%7.9%9.5%14.3%2.5dsteady$113kinvite onlyLiPmcalc
NadoExtended0.6%11.6%12.5%4.7%9.3%14.0%3.5dsteady$188kNaExcalc
NadoPolymarket−8.5%13.8%13.0%7.1%9.1%13.6%4.2dcooling$113kinvite onlyNaPmcalc
VariationalGRVT25.2%13.4%10.9%16.1%8.6%12.9%3.0dsteady$340kspread not incl.VaGrcalc
LighterBitgetCEX17.0%11.1%11.4%8.6%8.2%12.4%3.9dsteady$1.2M1h/8hLiBgcalc
VariationalMEXCCEX24.3%12.8%9.0%12.8%7.9%11.9%1.6dsteady$2.5Mspread not incl.VaMxcalc
NadoBitgetCEX−0.8%14.3%12.7%7.7%7.8%11.7%5.5dcooling$188k1h/8hNaBgcalc
LighterHyperliquid18.0%7.6%9.1%8.7%6.8%10.1%3.6dsteady$1.2MLiHycalc
VariationalBybitCEX−3.8%7.9%9.4%11.7%6.6%9.8%4.3dcooling$2.5Mspread not incl.VaBycalc
NadoHyperliquid0.2%10.8%10.4%7.9%6.3%9.4%5.6dsteady$188kNaHycalc
LighterGRVT13.6%9.4%7.8%8.8%5.5%8.2%4.2dsteady$340k1h/8hLiGrcalc
VariationalBinanceCEX24.1%10.9%7.7%12.3%5.1%7.7%4.7dsteady$2.5Mspread not incl.VaBncalc
NadoGRVT−4.2%12.6%9.2%8.0%5.0%7.5%6.4dcooling$188k1h/8hNaGrcalc
VariationalGateCEX8.8%10.5%8.9%11.2%5.0%7.5%6.2dsteady$2.5Mspread not incl.VaGtcalc
LighterMEXCCEX12.7%8.8%5.9%5.5%4.8%7.2%2.5dsteady$1.2M1h/8hLiMxcalc
MEXCCEXAster5.3%2.3%7.9%4.6%4.7%7.1%5.6dsteady$2.5MMxAscalc
BinanceCEXAster5.4%4.2%9.2%5.0%4.5%6.7%7.2dsteady$2.5MBnAscalc
NadoMEXCCEX−5.1%12.0%7.2%4.7%4.3%6.5%5.6dcooling$188k1h/8hNaMxcalc
NadoBinanceCEX−5.2%10.1%7.9%5.4%3.5%5.2%7.9dcooling$188k1h/8hNaBncalc
LighterBybitCEX−15.4%3.9%6.3%4.5%3.5%5.2%6.3dcooling$1.2M1h/8hLiBycalc
LighterBinanceCEX12.5%6.9%6.0%5.9%3.4%5.1%6.1dsteady$1.2M1h/8hLiBncalc
VariationalLighter11.6%4.0%3.1%7.3%3.1%4.6%<0.1dweak$1.2M8h/1hspread not incl.VaLicalc
NadoBybitCEX−33.1%7.1%7.7%3.7%3.0%4.5%8.6dcooling$188k1h/8hNaBycalc
MEXCCEXExtended5.7%−0.5%5.3%0.0%2.9%4.4%6.2dcooling$494k8h/1hMxExcalc
MEXCCEXPolymarket−3.4%1.8%5.7%2.4%2.6%3.9%7.6dcooling$113k8h/1hinvite onlyMxPmcalc
BybitCEXAster33.4%7.2%7.4%5.6%2.4%3.7%9.4dsteady$2.5MByAscalc
BinanceCEXPolymarket−3.2%3.7%7.1%2.7%2.4%3.6%9.2dcooling$113k8h/1hinvite onlyBnPmcalc
BinanceCEXExtended5.9%1.5%6.2%0.2%2.3%3.4%8.9dsteady$494k8h/1hBnExcalc
GateCEXAster20.8%4.7%7.9%6.1%1.9%2.9%11dsteady$2.5MGtAscalc
LighterGateCEX−2.8%6.4%5.8%4.0%1.9%2.8%9.4dcooling$1.2M1h/8hLiGtcalc
GRVTAster4.4%1.7%5.9%1.3%1.5%2.2%11dsteady$340kGrAscalc
NadoGateCEX−20.6%9.7%7.1%3.1%1.4%2.1%11dcooling$188k1h/8hNaGtcalc
MEXCCEXBitgetCEX4.3%2.3%5.5%3.1%1.3%2.0%11dsteady$29.5MMxBgcalc
BinanceCEXBitgetCEX4.4%4.2%6.7%3.3%0.9%1.4%12dsteady$29.5MBnBgcalc
BybitCEXExtended33.8%4.4%4.8%1.0%0.6%0.9%12dweak$494k8h/1hByExcalc
BybitCEXPolymarket24.7%6.6%5.3%3.5%0.3%0.5%13dsteady$113k8h/1hinvite onlyByPmcalc
HyperliquidAster0.0%3.5%4.6%1.4%0.2%0.3%13dweak$2.5M1h/8hHyAscalc
GateCEXExtended21.2%1.9%5.3%1.5%0.1%0.2%14dsteady$494k8h/1hGtExcalc
VariationalNado29.4%0.8%1.8%8.1%−0.1%−0.1%15dmixed$188k8h/1hspread not incl.VaNacalc
MEXCCEXHyperliquid5.3%−1.2%3.2%3.2%−0.2%−0.2%15dweak$30.0M8h/1hMxHycalc
GateCEXPolymarket12.1%4.1%5.8%4.0%−0.2%−0.3%14dsteady$113k8h/1hinvite onlyGtPmcalc
GRVTExtended4.8%−1.0%3.3%−3.3%−0.4%−0.5%16dweak$340k8h/1hGrExcalc
GRVTPolymarket−4.3%1.2%3.8%−0.9%−0.7%−1.0%16dweak$113k8h/1hinvite onlyGrPmcalc
BybitCEXBitgetCEX32.4%7.2%5.0%4.1%−1.0%−1.4%17dweak$29.5MByBgcalc
NadoLighter−17.8%3.2%1.3%−0.8%−0.5%−0.7%19dmixed$188kNaLicalc
BinanceCEXHyperliquid5.4%0.7%4.0%3.4%−1.0%−1.5%17dweak$30.0M8h/1hBnHycalc
MEXCCEXGRVT0.9%0.6%2.0%3.3%−1.4%−2.1%24dweak$340kMxGrcalc
GateCEXBitgetCEX19.8%4.6%5.6%4.6%−1.5%−2.2%18dsteady$29.5MGtBgcalc
ExtendedAster−0.4%2.8%2.6%4.6%−0.8%−1.2%18dmixed$494k1h/8hExAscalc
HyperliquidExtended0.4%0.7%2.0%−3.2%−1.6%−2.4%25dweak$494kHyExcalc
HyperliquidPolymarket−8.7%2.9%2.5%−0.7%−1.9%−2.9%25dweak$113kinvite onlyHyPmcalc
GRVTBitgetCEX3.4%1.7%3.5%−0.2%−1.9%−2.9%22dweak$340kGrBgcalc
PolymarketAster8.7%0.6%2.1%2.1%−2.1%−3.1%28dweak$113k1h/8hinvite onlyPmAscalc
BinanceCEXGRVT1.1%2.5%2.7%3.6%−2.3%−3.4%26dweak$340kBnGrcalc
BybitCEXHyperliquid33.4%3.7%2.8%4.2%−2.4%−3.7%26dweak$30.0M8h/1hByHycalc
BitgetCEXAster1.0%0.0%2.4%1.5%−2.9%−4.3%31dweak$2.5MBgAscalc
GateCEXHyperliquid20.8%1.2%3.3%4.7%−2.9%−4.4%26dweak$30.0M8h/1hGtHycalc
BinanceCEXMEXCCEX0.2%1.9%0.6%0.2%−3.0%−4.6%84dweak$39.8MBnMxcalc
HyperliquidBitgetCEX−1.0%3.5%2.3%−0.1%−3.2%−4.8%34dweak$29.5M1h/8hHyBgcalc
GRVTHyperliquid4.4%−1.8%1.3%−0.1%−3.4%−5.1%52dweak$340k8h/1hGrHycalc
MEXCCEXBybitCEX−28.1%−4.9%0.5%−1.0%−3.4%−5.2%117dweak$39.8MMxBycalc
PolymarketExtended9.1%−2.2%−0.5%−2.5%−3.9%−5.8%—weak$113kinvite onlyPmExcalc
BinanceCEXBybitCEX−27.9%−3.0%1.5%−0.5%−4.0%−6.0%51dweak$79.6MBnBycalc
GateCEXGRVT16.4%2.9%2.0%4.8%−4.2%−6.3%43dweak$340kGtGrcalc
BitgetCEXExtended1.4%−2.8%−0.2%−3.1%−4.7%−7.0%—weak$494k8h/1hBgExcalc
BitgetCEXPolymarket−7.7%−0.5%0.2%−0.6%−5.0%−7.5%307dweak$113k8h/1hinvite onlyBgPmcalc
PolymarketBitgetCEX7.7%0.5%−0.2%0.6%−5.5%−8.2%—weak$113k1h/8hinvite onlyPmBgcalc
ExtendedPolymarket−9.1%2.2%0.5%2.5%−2.9%−4.4%98dmixed$113kinvite onlyExPmcalc
AsterExtended0.4%−2.8%−2.6%−4.6%−6.0%−9.0%—weak$494k8h/1hAsExcalc
GateCEXBybitCEX−12.5%−2.5%0.5%0.5%−6.2%−9.4%176dweak$79.6MGtBycalc
LighterNado17.8%−3.2%−1.3%0.8%−3.2%−4.8%—mixed$188kLiNacalc
PolymarketHyperliquid8.7%−2.9%−2.5%0.7%−6.9%−10.4%—weak$113kinvite onlyPmHycalc
BybitCEXGRVT29.0%5.5%1.5%4.3%−3.7%−5.6%48dmixed$340kByGrcalc
BitgetCEXHyperliquid1.0%−3.5%−2.3%0.1%−7.7%−11.6%—weak$29.5M8h/1hBgHycalc
ExtendedBitgetCEX−1.4%2.8%0.2%3.1%−4.2%−6.3%251dmixed$494k1h/8hExBgcalc
BybitCEXMEXCCEX28.1%4.9%−0.5%1.0%−4.4%−6.6%—mixed$39.8MByMxcalc
GateCEXMEXCCEX15.5%2.3%0.1%1.5%−4.9%−7.3%977dmixed$39.8MGtMxcalc
BinanceCEXGateCEX−15.4%−0.4%0.7%−1.2%−5.8%−8.7%126dmixed$79.9MBnGtcalc
BybitCEXBinanceCEX27.9%3.0%−1.5%0.5%−7.0%−10.4%—mixed$79.6MByBncalc
GateCEXBinanceCEX15.4%0.4%−0.7%1.2%−7.2%−10.9%—mixed$79.9MGtBncalc
BybitCEXGateCEX12.5%2.5%−0.5%−0.5%−7.3%−11.0%—mixed$79.6MByGtcalc
PolymarketGRVT4.3%−1.2%−3.8%0.9%−8.2%−12.3%—mixed$113k1h/8hinvite onlyPmGrcalc
PolymarketMEXCCEX3.4%−1.8%−5.7%−2.4%−8.9%−13.3%—mixed$113k1h/8hinvite onlyPmMxcalc
BybitCEXLighter15.4%−3.9%−6.3%−4.5%−9.2%−13.8%—mixed$1.2M8h/1hByLicalc
GateCEXLighter2.8%−6.4%−5.8%−4.0%−9.7%−14.6%—mixed$1.2M8h/1hGtLicalc
MEXCCEXNado5.1%−12.0%−7.2%−4.7%−10.1%−15.1%—mixed$188k8h/1hMxNacalc
PolymarketBinanceCEX3.2%−3.7%−7.1%−2.7%−11.8%−17.7%—mixed$113k1h/8hinvite onlyPmBncalc
BybitCEXVariational3.8%−7.9%−9.4%−11.7%−12.3%−18.4%—mixed$2.5Mspread not incl.ByVacalc
BinanceCEXNado5.2%−10.1%−7.9%−5.4%−12.3%−18.5%—mixed$188k8h/1hBnNacalc
BybitCEXNado33.1%−7.1%−7.7%−3.7%−12.4%−18.6%—mixed$188k8h/1hByNacalc
GateCEXNado20.6%−9.7%−7.1%−3.1%−12.9%−19.3%—mixed$188k8h/1hGtNacalc
GRVTNado4.2%−12.6%−9.2%−8.0%−13.4%−20.0%—mixed$188k8h/1hGrNacalc
PolymarketNado8.5%−13.8%−13.0%−7.1%−16.9%−25.3%—mixed$113kinvite onlyPmNacalc
BitgetCEXNado0.8%−14.3%−12.7%−7.7%−17.7%−26.5%—mixed$188k8h/1hBgNacalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:56 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Variational at 10.8515, sell on Nado at 10.8817: 0.278% before fees, 0.208% after taker fees.

AVAX: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Nado10.8817Binance10.8754Bitget10.875Bybit10.875Gate10.875Hyperliquid10.874Aster10.872MEXC10.871GRVT10.87Polymarket10.87RWA Perp10.868Extended10.8571Lighter10.8567Variational10.8515
Variational10.85150.278%0.220%0.216%0.216%0.216%0.207%0.189%0.179%0.171%0.170%0.152%0.051%0.048%—
Lighter10.85670.230%0.172%0.168%0.168%0.168%0.159%0.140%0.131%0.122%0.122%0.104%0.003%—−0.048%
Extended10.85710.227%0.169%0.165%0.165%0.165%0.156%0.137%0.128%0.119%0.119%0.101%—−0.003%−0.051%
RWA Perp10.8680.126%0.068%0.064%0.064%0.064%0.055%0.037%0.028%0.019%0.018%—−0.101%−0.104%−0.152%
GRVT10.870.107%0.050%0.046%0.046%0.046%0.036%0.018%0.009%—0.000%−0.019%−0.119%−0.122%−0.171%
Polymarket10.870.108%0.050%0.046%0.046%0.046%0.037%0.018%0.009%0.000%—−0.018%−0.119%−0.122%−0.170%
MEXC10.8710.098%0.041%0.037%0.037%0.037%0.028%0.009%—−0.009%−0.009%−0.028%−0.128%−0.131%−0.179%
Aster10.8720.089%0.032%0.028%0.028%0.028%0.018%—−0.009%−0.018%−0.018%−0.037%−0.137%−0.140%−0.189%
Hyperliquid10.8740.071%0.013%0.009%0.009%0.009%—−0.018%−0.028%−0.036%−0.037%−0.055%−0.156%−0.159%−0.207%
Bitget10.8750.062%0.004%—0.000%0.000%−0.009%−0.028%−0.037%−0.046%−0.046%−0.064%−0.165%−0.168%−0.216%
Bybit10.8750.062%0.004%0.000%—0.000%−0.009%−0.028%−0.037%−0.046%−0.046%−0.064%−0.165%−0.168%−0.216%
Gate10.8750.062%0.004%0.000%0.000%—−0.009%−0.028%−0.037%−0.046%−0.046%−0.064%−0.165%−0.168%−0.216%
Binance10.87540.058%—−0.004%−0.004%−0.004%−0.013%−0.032%−0.041%−0.050%−0.050%−0.068%−0.169%−0.172%−0.220%
Nado10.8817—−0.058%−0.062%−0.062%−0.062%−0.071%−0.089%−0.098%−0.107%−0.108%−0.126%−0.227%−0.230%−0.278%
All quotes (14)
VenueBidAskQualityAgeVol 24hFlags
Aster10.87210.872mark3m$800kno FX
BinanceCEX10.875410.8754mark2m$147.4Mno FX
BitgetCEX10.87510.875mark2m$15.4Mno FX
BybitCEX10.87510.875mark2m$32.2Mno FX
Extended10.857110.8571mark3m$219k
GateCEX10.87510.875mark2m$12.6Mno FX
GRVT10.8710.87mark3m$831kno FX
Hyperliquid10.87410.874mark3m$9.0M
Lighter10.856710.8567mark3m$1.6M
MEXCCEX10.87110.871mark3m$47.6Mno FX
Nado10.881710.8817mark3m$278kno FX
Polymarket10.8710.87mark3m$164k
RWA Perp10.86810.868mark3m$144k
Variational10.851510.8515mark3m$488k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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