AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0433%/8h= −47.4% APRnext payment −$0.54 per $10,000 · paid last 24h −0.105%

Price spread now: gTrade (Gains Network) against Hyperliquid−0.186%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on gTrade (Gains Network)

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and gTrade (Gains Network) is 0.186% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 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	Hyperliquid AVAX	11.153	0.0436	pay 0.0054% / 1h	43m 55s	$43.4M	$43.6M	10x
Short	gTrade (Gains Network) AVAX/USD	11.132	L +0.0002% / S −0.0003%	get 0.0000% / 1h	43m 55s	$13K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Hyperliquid. 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 HyperliquidbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.186%Rate

Funding earned: −$90.87
Price spread: −0.186% → 0.000%: −$18.65
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$128.52
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; gTrade (Gains Network): 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 Hyperliquid live order book, 9 min ago	0.89 bp	6.5 bp −$7	13.3 bp −$133	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.1374%	1h	11.080	−0.655%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0056%	1h	11.134	−0.170%	$286K	$450K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.131	−0.197%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.136	−0.152%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	11.132	−0.186%	$13K	—	150x
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.137	−0.145%	$4.3M	$11.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.134	−0.174%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.131	−0.197%	$16K	$565K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.137	−0.144%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.138	−0.138%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.137	−0.146%	$290K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.141	−0.108%	$118.9M	$436.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.142	−0.099%	$88.5M	$138.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.142	−0.099%	$20.1M	$118.3M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.136	−0.152%	$12.2M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.140	−0.117%	$48.1M	$79.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.140	−0.117%	$15.6M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.140	−0.117%	$33.4M	$48.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.140	−0.117%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.137	−0.143%	$356K	$498K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.126	−0.246%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.117	−0.323%	$351K	$799K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.124	−0.260%	$179K	$679K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.135	−0.161%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.141	−0.108%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.165	+0.111%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.135	−0.161%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.123	−0.270%	$361K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.134	−0.170%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.134	−0.174%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.123	−0.272%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.132	−0.188%	—	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.147	−0.054%	$901K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.131	−0.200%	$1K	—	20x	as long as short
Hyperliquid AVAXlong	+0.0436%	1h	11.153	long leg	$43.4M	$43.6M	10x
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.130	−0.205%	$236K	—	120x	as long as short