AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%

Price spread now: Polymarket Perps against dYdX+0.015%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$297as in the Funding arb table

Net, price: spread back to 7d avg − costs−$316as in the Price arb table

costs, in and out, $10k−$3133.132% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.015%, 7d avg +0.041%

Together, before fees+0.370%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.026% cheaper against dYdX than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.041%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	10.729	0	get 0.0000% / 1h	9m 59s	$92K	$111K	10x
Short	Polymarket Perps AVAX-USD	10.731	0.0100	get 0.0013% / 1h	9m 59s	$135K	$353K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. 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 dYdXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.015%Rate

Funding earned: $21
Price spread: +0.015% → +0.041%: −$2.6
Slippage, 4 orders: −$295.17
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$294.77
Costs to cover: 3.132%
Break-even: 105.3 days

Slippage from dYdX: live order book, 34 min ago; Polymarket Perps: live order book, 32 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 dYdX live order book, 34 min ago	143.38 bp	149.3 bp −$149	150.2 bp −$1,502	163.6 bp −$16.4K	172.4 bp −$86.2K
Sell Polymarket Perps live order book, 32 min ago	2.34 bp	6.3 bp −$6	9.1 bp −$91	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
Nado AVAX-PERP	−0.0195%	1h	10.726	−0.032%	$282K	$340K	10x	as long as short
Variational Omni AVAX	−0.0059%	8h	10.719	−0.102%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.730	+0.005%	$4.8M	$7.0M	25x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.729	long leg	$92K	$111K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.734	+0.041%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0027%	8h	10.725	−0.041%	$12.9M	$32.4M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.285%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0086%	1h	10.728	−0.013%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.728	−0.014%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	10.721	−0.079%	$81.9M	$146.0M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.729	−0.002%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.733	+0.033%	$20K	$466K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.735	+0.052%	$37.2M	$43.9M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.726	−0.032%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.735	+0.055%	$270K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.724	−0.050%	$113.7M	$421.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.719	−0.097%	$18.9M	$112.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.724	−0.051%	$45.3M	$81.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.726	−0.032%	$13.7M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.723	−0.060%	$32.4M	$48.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.725	−0.041%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.730	+0.005%	$437K	$562K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.758	+0.266%	$343K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.760	+0.285%	$174K	$662K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.731	+0.015%	$135K	$353K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.741	+0.108%	$231K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.759	+0.280%	$12K	$768K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.726	−0.027%	$326K	$907K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.730	+0.005%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.719	−0.098%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.726	−0.027%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.729	−0.006%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.043%	$854K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.723	−0.060%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.720	−0.086%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.734	+0.039%	$226K	—	120x	as long as short