Funding you earn now, next payment 02:00 UTC+0.0195%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.078%
Price spread now: GMX against SoDEX+0.019%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
=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: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 11.162 | 0.0100 | pay 0.0013% / 1h | 2m 21s | $19K | $72K | 10x |
| Short | GMX AVAX/USD [AVAX-USDC] | 11.164 | L +0.0436% / S −0.0295% | get 0.0037% / 1h | 2m 21s | $237K | — | 120x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against SoDEX. 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
- $40.92
- Price spread: +0.019% → 0.000%
- $1.92
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $22.83
- Costs to cover
- 0.200%
- Break-even
- 3.1 days
Slippage unknown: SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
SoDEX 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 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 | −0.914% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0036% | 1h | 11.163 | +0.013% | $287K | $470K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0019% | 1h | 11.159 | −0.027% | $5.2M | $8.0M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.158 | −0.032% | $103K | $87K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.165 | +0.027% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0094% | 8h | 11.167 | +0.045% | $12.2M | $36.8M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.156 | −0.056% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.160 | −0.018% | $15K | $577K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.157 | −0.043% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.161 | −0.011% | $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 | 11.161 | −0.009% | $296K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.166 | +0.036% | $119.0M | $444.4M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.162 | 0.000% | $88.6M | $140.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.160 | −0.018% | $20.1M | $121.4M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.162 | 0.000% | $48.8M | $82.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.164 | +0.018% | $15.6M | $22.1M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.161 | −0.009% | $33.5M | $49.7M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.167 | +0.045% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.155 | −0.063% | $357K | $501K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.108 | −0.488% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.117 | −0.399% | $351K | $801K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.106 | −0.502% | $178K | $678K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.165 | +0.027% | $131K | $349K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.167 | +0.045% | $196K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.192 | +0.270% | $12K | $706K | 20x | as long as short |
| SoDEX AVAX-USDlong | +0.0100% | 1h | 11.162 | long leg | $19K | $72K | 10x | |
| HTX AVAX-USDT | +0.0100% | 8h | 11.141 | −0.186% | $362K | $855K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.157 | −0.045% | $29.8M | $5.6M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.159 | −0.029% | $675K | $1.6M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.155 | −0.060% | $256K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.164 | +0.020% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0254% | 1h | 11.165 | +0.030% | $4.3M | $11.7M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0288% | 1h | 11.168 | +0.054% | $906K | $5.7M | 50x | as long as short |
| Hyperliquid AVAX | +0.0386% | 1h | 11.175 | +0.116% | $43.4M | $44.8M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | L +0.0436% / S −0.0295% | 1h | 11.164 | +0.019% | $237K | — | 120x |
SoDEX AVAX-USD
GMX AVAX/USD [AVAX-USDC]
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX