AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0343%/8h= −37.6% APRnext payment −$0.43 per $10,000 · paid last 24h −0.090%

Price spread now: Polymarket Perps against GMX+0.006%7-day average −0.020% · you sell dearer than you buy

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

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.339%−$34 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.006%, 7d avg −0.020%

Together, before fees−0.277%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.027% dearer against GMX than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.020%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	10.723	L +0.0443% / S −0.0294%	pay 0.0055% / 1h	58m 35s	$226K	—	120x
Short	Polymarket Perps AVAX-USD	10.724	0.0100	get 0.0013% / 1h	58m 35s	$135K	$287K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$72.13
Price spread: +0.006% → −0.020%: $2.66
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$89.47
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 39 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 Polymarket Perps live order book, 39 min ago	2.34 bp	6.3 bp −$6	8.9 bp −$89	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	−0.0545%	1h	10.760	+0.342%	$291K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0267%	1h	10.724	+0.009%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0078%	8h	10.706	−0.161%	$2.9M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0014%	8h	10.761	+0.351%	$13.4M	$28.4M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.764	+0.378%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.725	+0.015%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.723	−0.003%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.342%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.764	+0.383%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.759	+0.330%	$1.2M	$2.0M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.759	+0.332%	$25K	$465K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.771	+0.444%	$36.9M	$40.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.763	+0.373%	$2.2M	$881K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.762	+0.358%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.759	+0.336%	$113.8M	$401.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.757	+0.314%	$82.5M	$138.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.755	+0.295%	$18.9M	$107.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.764	+0.379%	$53.2M	$78.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.764	+0.379%	$13.9M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.764	+0.379%	$32.9M	$45.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.766	+0.398%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.732	+0.081%	$437K	$546K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.708	−0.140%	$336K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.713	−0.096%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.724	+0.006%	$135K	$287K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.728	+0.043%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.755	+0.299%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.721	−0.022%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.719	−0.045%	$326K	$856K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.725	+0.015%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.758	+0.326%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.718	−0.050%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.099%	$974K	$4.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.723	−0.003%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.719	−0.040%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0443% / S −0.0294%	1h	10.723	long leg	$226K	—	120x