AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.039%

Price spread now: GMX against Aevo+0.069%7-day average +0.071% · you sell dearer than you buy

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

Long on Aevo Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.155%+$16 on $10k

Price spread, last 4 days (all we have)+0.224%+$22 · spread now +0.069%, 7d avg +0.071%

Together, before fees+0.379%+$38 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.071%, 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	Aevo AVAX-PERP	11.163	0.0104	pay 0.0013% / 1h	28m 55s	$256K	—	3x
Short	GMX AVAX/USD [AVAX-USDC]	11.170	L +0.0436% / S −0.0295%	get 0.0037% / 1h	28m 55s	$237K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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 AevobpFee GMXbpOrdersPrice spread, now +0.069%Rate

Funding earned: $40.08
Price spread: +0.069% → +0.071%: −$0.24
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee GMX: 6 bp × 2 orders: −$12
Net: $11.84
Costs to cover: 0.280%
Break-even: 4.9 days

Slippage unknown: Aevo: live order book, 35 min ago; 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 Aevo live order book, 35 min ago	178.64 bp	368.2 bp −$368	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.1374%	1h	11.120	−0.382%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0081%	1h	11.171	+0.079%	$287K	$448K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.167	+0.039%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.172	+0.081%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.171	+0.075%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.171	+0.079%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.166	+0.032%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.169	+0.057%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.175	+0.115%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.169	+0.060%	$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	11.179	+0.147%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.168	+0.050%	$119.4M	$433.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.163	+0.003%	$88.7M	$138.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.163	+0.003%	$20.1M	$117.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.168	+0.048%	$12.2M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.168	+0.048%	$48.0M	$79.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.170	+0.066%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.166	+0.030%	$33.5M	$48.5M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.167	+0.039%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.167	+0.039%	$357K	$497K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.168	+0.050%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.174	+0.098%	$358K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.179	+0.147%	$180K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.173	+0.093%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.178	+0.138%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.202	+0.350%	$12K	$701K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.167	+0.039%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.168	+0.050%	$366K	$870K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.166	+0.030%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.165	+0.024%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERPlong	+0.0104%	1h	11.163	long leg	$256K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	11.162	−0.006%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.182	+0.174%	$899K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.170	+0.062%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0436% / S −0.0295%	1h	11.170	+0.069%	$237K	—	120x
Hyperliquid AVAX	+0.0496%	1h	11.183	+0.183%	$43.5M	$43.1M	10x	as long as short