AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0436%/8h= −47.8% APRnext payment −$0.55 per $10,000 · paid last 24h −0.112%

Price spread now: dYdX against GMX−0.073%7-day average −0.060% · you buy dearer than you sell

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.409%−$41 on $10k

Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.073%, 7d avg −0.060%

Together, before fees−0.141%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	11.155	L +0.0436% / S −0.0295%	pay 0.0055% / 1h	43m 56s	$237K	—	120x
Short	dYdX AVAX-USD	11.147	0	get 0.0000% / 1h	43m 56s	$98K	$97K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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 GMXbpFee dYdXbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$91.65
Price spread: −0.073% → −0.060%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$114.98
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 80 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 dYdX live order book, 80 min ago	135.84 bp	140.8 bp −$141	144.7 bp −$1,447	146.5 bp −$14.7K	169.9 bp −$85.0K

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	−0.1423%	1h	11.030	−1.124%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0020%	1h	11.151	−0.035%	$287K	$373K	10x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	11.147	−0.073%	$98K	$97K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.153	−0.022%	$5.2M	$7.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.154	−0.012%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.154	−0.010%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.159	+0.032%	$16K	$580K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.147	−0.079%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.157	+0.011%	$2.3M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.151	−0.039%	$291K	$114K	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	11.152	−0.029%	$118.3M	$427.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.148	−0.067%	$88.6M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.150	−0.049%	$20.4M	$116.3M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.154	−0.013%	$12.2M	$34.0M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.152	−0.031%	$48.0M	$77.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.159	+0.032%	$15.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.149	−0.058%	$33.4M	$48.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.153	−0.022%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.155	−0.004%	$337K	$520K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.137	−0.161%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.100	−0.497%	$354K	$835K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.119	−0.327%	$179K	$673K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.163	+0.068%	$131K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.161	+0.050%	$196K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.193	+0.334%	$12K	$704K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.154	−0.013%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.153	−0.020%	$367K	$832K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.154	−0.013%	$29.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.143	−0.111%	$680K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.153	−0.022%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0211%	1h	11.159	+0.032%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.147	−0.076%	$5.1M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.154	−0.013%	$892K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.159	+0.036%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0436% / S −0.0295%	1h	11.155	long leg	$237K	—	120x
Hyperliquid AVAX	+0.0649%	1h	11.168	+0.113%	$43.5M	$42.3M	10x	as long as short