AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0339%/8h= −37.2% APRnext payment −$0.42 per $10,000 · paid last 24h −0.090%

Price spread now: Aevo against GMX−0.336%7-day average −0.069% · you buy dearer than you sell

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

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.333%−$33 on $10k

Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.336%, 7d avg −0.069%

Together, before fees−0.040%−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aevo is 0.266% cheaper against GMX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.069%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	10.662	L +0.0443% / S −0.0294%	pay 0.0055% / 1h	37m 02s	$225K	—	120x
Short	Aevo AVAX-PERP	10.627	0.0104	get 0.0013% / 1h	37m 02s	$244K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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 GMXbpFee AevobpOrdersPrice spread, now −0.336%Rate

Funding earned: −$71.29
Price spread: −0.336% → −0.069%: −$26.63
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$125.92
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: live order book, 2 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 2 min ago	217.59 bp	444.7 bp −$445	doesn't fit	doesn't fit	doesn't fit

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
Kraken Futures PF_AVAXUSD	−0.0185%	1h	10.659	−0.032%	$3.8M	$11.7M	50x	as long as short
Nado AVAX-PERP	−0.0137%	1h	10.654	−0.079%	$288K	$336K	10x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.700	+0.357%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.661	−0.013%	$4.8M	$6.9M	25x	as long as short
Gate AVAX_USDT	−0.0001%	8h	10.659	−0.032%	$13.0M	$30.7M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.665	+0.029%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.662	−0.002%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.915%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0086%	8h	10.663	+0.005%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0089%	8h	10.661	−0.013%	$81.3M	$141.0M	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	10.657	−0.051%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.657	−0.051%	$25K	$469K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.669	+0.061%	$36.6M	$43.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.669	+0.060%	$2.2M	$904K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.670	+0.069%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.665	+0.025%	$112.9M	$412.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.662	−0.004%	$18.7M	$108.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.655	−0.069%	$45.5M	$79.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.658	−0.041%	$13.6M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.660	−0.022%	$32.3M	$47.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.661	−0.013%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.665	+0.025%	$435K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.674	+0.105%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.711	+0.456%	$173K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.662	−0.004%	$134K	$329K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.668	+0.053%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.695	+0.308%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.660	−0.022%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.659	−0.036%	$324K	$867K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.659	−0.032%	$28.4M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.656	−0.058%	$607K	$1.4M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	10.627	−0.336%	$244K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	10.663	+0.006%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.671	+0.081%	$849K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.656	−0.056%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0443% / S −0.0294%	1h	10.662	long leg	$225K	—	120x