AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against Polymarket Perps−0.073%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Polymarket Perps Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.365%−$36 · spread now −0.073%, 7d avg −0.026%

Together, before fees−0.365%−$37 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.048% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	10.900	0.0100	pay 0.0013% / 1h	11m 13s	$137K	$234K	10x
Short	Popdex AVAXUSDT	10.892	0.0096	get 0.0012% / 1h	11m 13s	$19K	$475K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Polymarket Perps. 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 Polymarket PerpsbpFee PopdexbpOrdersPrice spread, now −0.073%Rate

Funding earned: −$0.84
Price spread: −0.073% → −0.026%: −$4.78
Slippage, 4 orders: −$14.13
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$34.15
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 86 min ago; Popdex: live order book, 23 min ago.

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 Polymarket Perps live order book, 86 min ago	2.34 bp	6.3 bp −$6	8.0 bp −$80	doesn't fit	doesn't fit
Sell Popdex live order book, 23 min ago	2.33 bp	6.5 bp −$6	18.8 bp −$188	doesn't fit	doesn't fit

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
Kraken Futures PF_AVAXUSD	−0.0262%	1h	10.910	+0.093%	$3.8M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0180%	1h	10.895	−0.050%	$275K	$315K	10x	as long as short
Phemex AVAXUSDT	−0.0165%	8h	10.898	−0.018%	$29.1M	$5.6M	50x	as long as short
Variational Omni AVAX	−0.0082%	8h	10.909	+0.082%	$3.1M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0065%	1h	10.904	+0.037%	$19K	$68K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.904	+0.039%	$93K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.906	+0.055%	$5.0M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.907	+0.061%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.284%	$17K	$151K	12x	as long as short
Gate AVAX_USDT	+0.0049%	8h	10.899	−0.009%	$14.1M	$29.5M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0089%	8h	10.895	−0.043%	$12K	$62	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.905	+0.045%	$1.2M	$2.1M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	10.892	−0.073%	$19K	$475K	50x
Hyperliquid AVAX	+0.0100%	1h	10.908	+0.073%	$36.0M	$39.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.908	+0.071%	$2.2M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.905	+0.050%	$274K	$127K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.904	+0.039%	$114.9M	$388.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.898	−0.018%	$85.1M	$135.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.902	+0.018%	$19.2M	$106.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.898	−0.018%	$53.5M	$80.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.897	−0.028%	$14.0M	$20.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.901	+0.009%	$33.2M	$45.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.903	+0.028%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.905	+0.046%	$440K	$529K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.926	+0.239%	$343K	$1.3M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.905	+0.046%	$175K	$661K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	10.900	long leg	$137K	$234K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.908	+0.073%	$236K	$221K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.932	+0.294%	$12K	$775K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.895	−0.045%	$338K	$872K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.891	−0.080%	$622K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.897	−0.023%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.905	+0.046%	$859K	$5.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.900	0.000%	$4.7M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.903	+0.030%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.902	+0.019%	$230K	—	120x	as long as short