Funding you earn now, next payment 08:00 UTC−0.0343%/8h= −37.6% APRpaid last 24h −0.092%
Price spread now: Aster against GMX+0.023%51s7-day average −0.057% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.341%−$34 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.023%, 7d avg −0.057%
=Together, before fees−0.354%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.079% dearer against GMX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.057%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 18 hours. The two prices were read 51 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 | GMX AVAX/USD [AVAX-USDC] | 10.687 | L +0.0443% / S −0.0294% | pay 0.0055% / 1h | 58m 35s | $225K | — | 120x |
| Short | Aster AVAXUSDT | 10.690 | 0.0100 | get 0.0100% / 8h | 58m 35s | $2.2M | $1.0M | 75x |
GMX AVAX/USD [AVAX-USDC]
Aster AVAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$72.13
- Price spread: +0.023% → −0.057%
- $7.93
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$84.19
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 5 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 5 min ago | 2.34 bp | 8.4 bp −$8 | 18.6 bp −$186 | doesn't fit | doesn't fit |
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 | −0.0232% | 1h | 10.682 | −0.050% | $281K | $335K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0185% | 1h | 10.685 | −0.024% | $3.8M | $12.0M | 50x | as long as short |
| Variational Omni AVAX | −0.0067% | 8h | 10.666 | −0.203% | $2.9M | $2.2M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.687 | +0.001% | $91K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.687 | −0.003% | $4.8M | $6.9M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.688 | +0.008% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0012% | 8h | 10.683 | −0.040% | $12.9M | $30.4M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.680% | $17K | $151K | 12x | as long as short |
| Paradex AVAX-USD-PERP | +0.0083% | 8h | 10.683 | −0.044% | $12K | $212 | 20x | as long as short |
| Bybit AVAXUSDT | +0.0084% | 8h | 10.682 | −0.050% | $81.5M | $142.9M | 75x | as long as short |
Nado AVAX-PERP
Kraken Futures PF_AVAXUSD
Variational Omni AVAX
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
Paradex AVAX-USD-PERP
Bybit AVAXUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.0096% | 1h | 10.682 | −0.047% | $1.2M | $2.4M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.684 | −0.031% | $25K | $472K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.693 | +0.053% | $37.1M | $43.6M | 10x | as long as short |
| Aster AVAXUSDTshort | +0.0100% | 8h | 10.690 | +0.023% | $2.2M | $1.0M | 75x | |
| Pacifica AVAX | +0.0100% | 1h | 10.689 | +0.014% | $268K | $129K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.684 | −0.031% | $113.0M | $418.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.681 | −0.059% | $18.8M | $110.7M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.685 | −0.022% | $45.8M | $78.7M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.681 | −0.059% | $13.6M | $22.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.684 | −0.031% | $32.4M | $48.3M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.684 | −0.031% | — | $54.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.689 | +0.016% | $436K | $558K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.669 | −0.172% | $339K | $1.1M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.675 | −0.115% | $172K | $661K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.688 | +0.006% | $134K | $347K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.694 | +0.063% | $231K | $255K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.716 | +0.268% | $11K | $769K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.685 | −0.022% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.687 | −0.008% | $325K | $879K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.688 | +0.006% | $28.5M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.680 | −0.068% | $609K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.679 | −0.074% | $245K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.684 | −0.031% | $4.6M | $5.5M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0224% | 1h | 10.693 | +0.053% | $849K | $5.1M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.681 | −0.057% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC]long | L +0.0443% / S −0.0294% | 1h | 10.687 | long leg | $225K | — | 120x |
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP