AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: Polymarket Perps against dYdX−0.014%47s7-day average +0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$270as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2862.857% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 4 days (all we have)+0.959%+$96 · spread now −0.014%, 7d avg +0.048%

Together, before fees+1.117%+$112 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.063% cheaper against dYdX than usual: you would sell low and buy high (spread −0.014% now, against its 7-day average of +0.048%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	11.114	0	get 0.0000% / 1h	24m 36s	$102K	$96K	10x
Short	Polymarket Perps AVAX-USD	11.112	0.0100	get 0.0013% / 1h	24m 36s	$130K	$363K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.014%Rate

Funding earned: $21
Price spread: −0.014% → +0.048%: −$6.26
Slippage, 4 orders: −$267.69
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$270.95
Costs to cover: 2.857%
Break-even: 97.3 days

Slippage from dYdX: live order book, 44 min ago; Polymarket Perps: live order book, 43 min ago.

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, 44 min ago	130.74 bp	135.7 bp −$136	136.5 bp −$1,365	137.0 bp −$13.7K	160.4 bp −$80.2K
Sell Polymarket Perps live order book, 43 min ago	2.23 bp	8.0 bp −$8	10.2 bp −$102	doesn't fit	doesn't fit

AVAX on 35 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	−0.1423%	1h	11.080	−0.302%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0043%	1h	11.101	−0.109%	$286K	$508K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.114	+0.004%	$5.2M	$8.3M	25x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.114	long leg	$102K	$96K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.115	+0.014%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0048%	8h	11.112	−0.014%	$12.1M	$36.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.114	+0.004%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.105	−0.077%	$15K	$593K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.103	−0.091%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.113	−0.002%	$2.3M	$1.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.116	+0.020%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.107	−0.059%	$118.4M	$459.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.104	−0.086%	$88.5M	$143.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.105	−0.077%	$19.9M	$123.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.107	−0.059%	$48.8M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.117	+0.030%	$15.5M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.103	−0.095%	$33.4M	$51.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.106	−0.068%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.115	+0.013%	$355K	$535K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.122	+0.072%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.120	+0.062%	$355K	$810K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.110	−0.032%	$179K	$677K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	11.112	−0.014%	$130K	$363K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.120	+0.057%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.137	+0.215%	$12K	$717K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.115	+0.013%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.084	−0.266%	$360K	$938K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.118	+0.039%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.102	−0.104%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.111	−0.023%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.108	−0.052%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.120	+0.058%	$4.3M	$11.9M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.112	−0.014%	$903K	$5.9M	50x	as long as short
Hyperliquid AVAX	+0.0400%	1h	11.129	+0.138%	$43.2M	$45.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.113	−0.001%	$236K	—	120x	as long as short