Funding you earn now, next payment 12:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.053%
Price spread now: Reya against GMX−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Reya is 0.054% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AVAX/USD [AVAX-USDC] | 10.907 | L +0.0464% / S −0.0317% | pay 0.0058% / 1h | 50m 07s | $241K | — | 120x |
| Short | Reya AVAXRUSDPERP | 10.901 | 0.0245 | get 0.0031% / 1h | 50m 07s | $1K | — | 20x |
GMX AVAX/USD [AVAX-USDC]
Reya AVAXRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$45.85
- Price spread: −0.054% → 0.000%
- −$5.39
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$69.24
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
GMX and Reya: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.0169% | 8h | 10.886 | −0.196% | $3.1M | $1.9M | — | as long as short |
| Polymarket Perps AVAX-USD | −0.0139% | 1h | 10.902 | −0.046% | $60K | $354K | 10x | as long as short |
| Gate AVAX_USDT | −0.0120% | 8h | 10.893 | −0.129% | $14.9M | $24.8M | 75x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0114% | 1h | 10.893 | −0.130% | $3.8M | $10.4M | 50x | as long as short |
| Bybit AVAXUSDT | −0.0097% | 8h | 10.883 | −0.220% | $84.9M | $128.4M | 75x | as long as short |
| Phemex AVAXUSDT | −0.0019% | 8h | 10.883 | −0.220% | $29.0M | $5.5M | 50x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.892 | −0.137% | $93K | $100K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.899 | −0.074% | $5.0M | $6.5M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0002% | 1h | 10.907 | +0.002% | $24K | — | 150x | as long as short |
| Nado AVAX-PERP | +0.0021% | 1h | 10.897 | −0.092% | $280K | $257K | 10x | as long as short |
Variational Omni AVAX
Polymarket Perps AVAX-USD
Gate AVAX_USDT
Kraken Futures PF_AVAXUSD
Bybit AVAXUSDT
Phemex AVAXUSDT
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Nado AVAX-PERPShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AVAX-USD | +0.0031% | 1h | 10.896 | −0.101% | $19K | $65K | 10x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −1.348% | $17K | $151K | 12x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0044% | 8h | 10.884 | −0.211% | $19.3M | $98.1M | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0092% | 8h | 10.888 | −0.178% | $12K | $62 | 20x | as long as short |
| Binance AVAXUSDT | +0.0093% | 8h | 10.885 | −0.202% | $114.8M | $359.7M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0093% | 8h | 10.889 | −0.165% | $53.8M | $66.6M | 200x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.891 | −0.146% | $1.2M | $1.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.902 | −0.046% | $24K | $427K | 50x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.884 | −0.215% | $2.2M | $1.2M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.891 | −0.147% | $274K | $86K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.897 | −0.092% | $14.3M | $18.1M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.886 | −0.193% | $33.2M | $41.6M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.886 | −0.193% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.889 | −0.165% | $391K | $566K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.912 | +0.047% | $341K | $1.6M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.917 | +0.091% | $155K | $678K | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.904 | −0.028% | $239K | $211K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.919 | +0.110% | $12K | $772K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.889 | −0.170% | $328K | $897K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.891 | −0.150% | $621K | $1.3M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.893 | −0.126% | $250K | — | 3x | as long as short |
| Hyperliquid AVAX | +0.0160% | 1h | 10.902 | −0.046% | $36.4M | $33.2M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0208% | 1h | 10.902 | −0.046% | $851K | $4.8M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0214% | 8h | 10.884 | −0.211% | $4.7M | $5.2M | 100x | as long as short |
| Reya AVAXRUSDPERPshort | +0.0245% | 1h | 10.901 | −0.054% | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC]long | L +0.0464% / S −0.0317% | 1h | 10.907 | long leg | $241K | — | 120x |
SoDEX AVAX-USD
Injective AVAX/USDC PERP
OKX AVAX-USDT-SWAP
Paradex AVAX-USD-PERP
Binance AVAXUSDT
MEXC AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Aster AVAXUSDT
Pacifica AVAX
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Aevo AVAX-PERP
Hyperliquid AVAX
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT