AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0336%/8h= −36.8% APRnext payment −$0.42 per $10,000 · paid last 24h −0.122%

Price spread now: SoDEX against GMX−0.016%55s7-day average — · you buy dearer than you sell

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

Long on GMX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 55 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]	11.148	L +0.0436% / S −0.0295%	pay 0.0055% / 1h	3m 19s	$236K	—	120x
Short	SoDEX AVAX-USD	11.146	0.0100	get 0.0013% / 1h	3m 19s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$70.65
Price spread: −0.016% → 0.000%: −$1.62
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$92.28
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample	—	—	—	—	—

GMX and SoDEX: 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 35 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	11.060	−0.788%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0037%	1h	11.152	+0.038%	$287K	$470K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.142	−0.052%	$103K	$87K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.145	−0.025%	$5.2M	$8.0M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.150	+0.022%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0094%	8h	11.151	+0.029%	$12.2M	$36.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.142	−0.057%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.151	+0.029%	$15K	$578K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.141	−0.057%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.147	−0.006%	$2.3M	$1.3M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.146	−0.014%	$296K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.151	+0.029%	$118.9M	$445.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.155	+0.064%	$88.6M	$140.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.154	+0.056%	$20.1M	$121.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.150	+0.020%	$48.8M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.150	+0.020%	$15.6M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.154	+0.056%	$33.5M	$49.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.149	+0.011%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.150	+0.020%	$356K	$502K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.108	−0.361%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.117	−0.273%	$351K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.106	−0.375%	$178K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.156	+0.073%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.161	+0.118%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.176	+0.252%	$12K	$707K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.146	−0.016%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.141	−0.063%	$362K	$855K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.146	−0.016%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.141	−0.063%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.148	+0.003%	$256K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.149	+0.008%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.150	+0.024%	$4.3M	$11.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.155	+0.064%	$906K	$5.7M	50x	as long as short
Hyperliquid AVAX	+0.0385%	1h	11.165	+0.154%	$43.4M	$44.8M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0436% / S −0.0295%	1h	11.148	long leg	$236K	—	120x