AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0295%/8h= +32.3% APRnext payment +$0.37 per $10,000 · paid last 24h +0.069%

Price spread now: GMX against dYdX−0.029%7-day average +0.052% · you buy dearer than you sell

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

Long on dYdX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.267%+$27 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.029%, 7d avg +0.052%

Together, before fees+0.298%+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.081% cheaper against dYdX than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.052%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	10.687	0	get 0.0000% / 1h	33m 58s	$89K	$117K	10x
Short	GMX AVAX/USD [AVAX-USDC]	10.684	L +0.0444% / S −0.0295%	get 0.0037% / 1h	33m 58s	$226K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $61.96
Price spread: −0.029% → +0.052%: −$8.08
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $31.88
Costs to cover: 0.220%
Break-even: 3.4 days

Slippage unknown: dYdX: live order book, 10 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 dYdX live order book, 10 min ago	143.38 bp	149.3 bp −$149	150.2 bp −$1,502	163.6 bp −$16.4K	172.4 bp −$86.2K
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
Nado AVAX-PERP	−0.0173%	1h	10.679	−0.077%	$285K	$340K	10x	as long as short
Variational Omni AVAX	−0.0045%	8h	10.676	−0.108%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.687	long leg	$89K	$117K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.686	−0.011%	$4.8M	$7.1M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.687	−0.005%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.694	+0.064%	$12.7M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.681%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0088%	8h	10.685	−0.019%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0092%	8h	10.694	+0.064%	$81.1M	$146.4M	75x	as long as short
SoDEX AVAX-USD	+0.0096%	1h	10.683	−0.039%	$18K	$72K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.688	+0.005%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.685	−0.020%	$23K	$424K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.702	+0.139%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.695	+0.076%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.691	+0.033%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.698	+0.101%	$113.6M	$425.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.697	+0.092%	$18.7M	$112.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.696	+0.082%	$45.3M	$80.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.697	+0.092%	$13.6M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.696	+0.082%	$32.4M	$48.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.696	+0.082%	—	$54.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.698	+0.101%	$436K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.701	+0.127%	$340K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.705	+0.167%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.683	−0.039%	$135K	$352K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.692	+0.045%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.713	+0.238%	$11K	$765K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.692	+0.044%	$336K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.684	−0.030%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.691	+0.036%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.681	−0.053%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.690	+0.027%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.694	+0.064%	$930K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.676	−0.105%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.677	−0.097%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0444% / S −0.0295%	1h	10.684	−0.029%	$226K	—	120x