AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0154%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.092%

Price spread now: GMX against Extended−0.030%7-day average +0.119% · you buy dearer than you sell

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.231%+$23 on $10k

Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.030%, 7d avg +0.119%

Together, before fees+0.281%+ Points / potential airdropExtended: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.149% cheaper against Extended than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.119%). If the spread goes back, that is −$15 on $10k: about 3.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.229	0.0104	pay 0.0013% / 1h	9m 53s	$669K	$2.2M	25x
Short	GMX AVAX/USD [AVAX-USDC]	11.226	L +0.0410% / S −0.0258%	get 0.0032% / 1h	9m 53s	$236K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $32.31
Price spread: −0.030% → +0.119%: −$14.91
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $0.4
Costs to cover: 0.170%
Break-even: 6.9 days

Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago	0.89 bp	6.5 bp −$6	8.8 bp −$88	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	−0.0570%	1h	11.210	−0.171%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.227	−0.020%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0039%	1h	11.218	−0.100%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.219	−0.091%	$103K	$106K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.230	+0.005%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0019%	8h	11.219	−0.091%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.231	+0.012%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.220	−0.082%	$18K	$686K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.217	−0.104%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.229	+0.001%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.225	−0.034%	$298K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.233	+0.031%	$120.3M	$524.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.230	+0.007%	$89.2M	$157.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.233	+0.034%	$20.2M	$146.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.231	+0.016%	$12.5M	$40.7M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.231	+0.016%	$51.4M	$100.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.235	+0.052%	$16.0M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.231	+0.016%	$34.1M	$59.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.231	+0.016%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.232	+0.025%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.253	+0.212%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.256	+0.239%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.222	−0.064%	$133K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.236	+0.061%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.251	+0.193%	$12K	$734K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.229	−0.002%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.227	−0.015%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.231	+0.016%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	11.229	long leg	$669K	$2.2M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.223	−0.054%	$258K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.235	+0.052%	$910K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.223	−0.055%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.217	−0.108%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0410% / S −0.0258%	1h	11.226	−0.030%	$236K	—	120x
Hyperliquid AVAX	+0.0596%	1h	11.246	+0.154%	$43.5M	$56.8M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0630%	1h	11.233	+0.037%	$4.6M	$13.5M	50x	as long as short