AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.039%

Price spread now: GMX against Aevo+0.042%7-day average +0.073% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.150%+$15 on $10k

Price spread, last 3 days (all we have)+0.015%+$2 · spread now +0.042%, 7d avg +0.073%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.030% cheaper against Aevo than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.073%). If the spread goes back, that is −$3 on $10k: about 12 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AVAX-PERP	11.196	0.0104	pay 0.0013% / 1h	12m 42s	$257K	—	3x
Short	GMX AVAX/USD [AVAX-USDC]	11.201	L +0.0436% / S −0.0298%	get 0.0037% / 1h	12m 42s	$237K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee GMXbpOrdersPrice spread, now +0.042%Rate

Funding earned: $40.81
Price spread: +0.042% → +0.073%: −$3.03
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee GMX: 6 bp × 2 orders: −$12
Net: $9.78
Costs to cover: 0.280%
Break-even: 5.3 days

Slippage unknown: Aevo: live order book, 61 min ago; GMX: no order-book sample. 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 Aevo live order book, 61 min ago	190.29 bp	409.7 bp −$410	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.1363%	1h	11.140	−0.504%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0058%	1h	11.204	+0.067%	$294K	$730K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.207	+0.092%	$103K	$105K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.200	+0.032%	$5.3M	$8.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.202	+0.047%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.209	+0.114%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.211	+0.130%	$15K	$610K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.215	+0.169%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.205	+0.078%	$2.3M	$1.5M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.213	+0.149%	$298K	$100K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.212	+0.135%	$119.7M	$476.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.212	+0.139%	$89.1M	$147.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.218	+0.192%	$20.0M	$130.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.214	+0.157%	$12.2M	$38.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.218	+0.192%	$49.0M	$88.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.213	+0.148%	$15.4M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.219	+0.201%	$34.1M	$53.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.213	+0.148%	—	$84.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.200	+0.032%	$358K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.178	−0.167%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.187	−0.083%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.190	−0.058%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.206	+0.085%	$131K	$372K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.207	+0.094%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.232	+0.317%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.198	+0.014%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.196	0.000%	$363K	$938K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.199	+0.023%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.215	+0.165%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERPlong	+0.0104%	1h	11.196	long leg	$257K	—	3x
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.202	+0.049%	$4.3M	$12.5M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.196	−0.004%	$5.0M	$6.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.200	+0.030%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.209	+0.112%	$912K	$6.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0436% / S −0.0298%	1h	11.201	+0.042%	$237K	—	120x
Hyperliquid AVAX	+0.0681%	1h	11.226	+0.264%	$43.9M	$49.6M	10x	as long as short