Funding you earn now, next payment 06:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%
Price spread now: GMX against Reya+0.090%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.090% dearer against Reya than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 10.649 | 0.0244 | pay 0.0031% / 1h | 52m 41s | $1K | — | 20x |
| Short | GMX AVAX/USD [AVAX-USDC] | 10.658 | L +0.0444% / S −0.0271% | get 0.0034% / 1h | 52m 41s | $233K | — | 120x |
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- $5.6
- Price spread: +0.090% → 0.000%
- $8.96
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$3.44
- Costs to cover
- 0.180%
- Break-even
- 11.3 days
Slippage unknown: Reya: no order-book sample; GMX: 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 10.760 | +1.044% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0280% | 1h | 10.662 | +0.127% | $4.1M | $11.1M | 50x | as long as short |
| Polymarket Perps AVAX-USD | −0.0043% | 1h | 10.654 | +0.049% | $131K | $343K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0031% | 1h | 10.662 | +0.124% | $4.8M | $7.5M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.665 | +0.152% | $93K | $101K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.658 | +0.089% | $12K | — | 150x | as long as short |
| Backpack AVAX_USDC_PERP | +0.0011% | 1h | 10.667 | +0.171% | $371K | $531K | 15x | as long as short |
| Gate AVAX_USDT | +0.0025% | 8h | 10.669 | +0.190% | $12.1M | $31.5M | 75x | as long as short |
| Variational Omni AVAX | +0.0052% | 8h | 10.727 | +0.731% | $2.8M | $2.2M | — | as long as short |
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.653 | +0.038% | $12K | $212 | 20x | as long as short |
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Polymarket Perps AVAX-USD
Deribit AVAX_USDC-PERPETUAL
dYdX AVAX-USD
gTrade (Gains Network) AVAX/USD
Backpack AVAX_USDC_PERP
Gate AVAX_USDT
Variational Omni AVAX
Paradex AVAX-USD-PERPShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.0096% | 1h | 10.665 | +0.148% | $1.2M | $2.6M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.650 | +0.011% | $9K | $441K | 50x | as long as short |
| Nado AVAX-PERP | +0.0100% | 1h | 10.645 | −0.036% | $282K | $322K | 10x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.669 | +0.190% | $39.2M | $42.0M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.659 | +0.093% | $2.1M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.670 | +0.204% | $269K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.667 | +0.171% | $111.8M | $423.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.663 | +0.133% | $79.3M | $142.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.667 | +0.171% | $19.1M | $109.3M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.668 | +0.180% | $41.2M | $78.5M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.676 | +0.255% | $14.5M | $22.2M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.659 | +0.096% | $31.7M | $48.5M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.662 | +0.124% | — | $54.8M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.726 | +0.721% | $338K | $950K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.727 | +0.734% | $173K | $665K | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.664 | +0.143% | $187K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.689 | +0.379% | $11K | $734K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.659 | +0.096% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.661 | +0.110% | $353K | $789K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.666 | +0.162% | $28.5M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.666 | +0.163% | $644K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.659 | +0.094% | $245K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.661 | +0.115% | $869K | $4.7M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.651 | +0.021% | $4.8M | $5.4M | 100x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0244% | 1h | 10.649 | long leg | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC]short | L +0.0444% / S −0.0271% | 1h | 10.658 | +0.090% | $233K | — | 120x |
Lighter AVAX
Popdex AVAXUSDT
Nado AVAX-PERP
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT