AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0344%/8h= −37.7% APRnext payment −$0.43 per $10,000 · paid last 24h −0.083%

Price spread now: ApeX Omni against GMX−0.054%68s7-day average −0.020% · you buy dearer than you sell

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

Long on GMX Short on ApeX Omni

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)+0.045%+$5 · spread now −0.054%, 7d avg −0.020%

Together, before fees−0.287%−$29 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 ApeX Omni is 0.034% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.020%). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	10.698	L +0.0444% / S −0.0295%	pay 0.0056% / 1h	44m 06s	$226K	—	120x
Short	ApeX Omni AVAXUSDT	10.692	0.0100	get 0.0013% / 1h	44m 06s	$172K	$664K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.054%Rate

Funding earned: −$72.29
Price spread: −0.054% → −0.020%: −$3.42
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$97.71
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 64 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 ApeX Omni live order book, 64 min ago	5.66 bp	13.3 bp −$13	76.0 bp −$760	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
Nado AVAX-PERP	−0.0189%	1h	10.696	−0.016%	$286K	$338K	10x	as long as short
Variational Omni AVAX	−0.0039%	8h	10.678	−0.188%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.705	+0.071%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.695	−0.026%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.699	+0.010%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0031%	8h	10.691	−0.063%	$12.7M	$32.1M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.582%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0060%	1h	10.694	−0.035%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0091%	8h	10.700	+0.018%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.690	−0.072%	$81.6M	$147.3M	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	10.694	−0.033%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.699	+0.012%	$23K	$428K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.699	+0.012%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.693	−0.044%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.701	+0.030%	$269K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.691	−0.063%	$113.5M	$427.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.689	−0.082%	$18.7M	$112.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.694	−0.035%	$44.8M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.695	−0.026%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.688	−0.091%	$32.4M	$49.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.691	−0.063%	—	$54.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.693	−0.044%	$427K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.692	−0.054%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDTshort	+0.0100%	1h	10.692	−0.054%	$172K	$664K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	10.697	−0.007%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.702	+0.040%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.728	+0.281%	$12K	$764K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.694	−0.040%	$343K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.698	+0.002%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.689	−0.080%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.694	−0.035%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.700	+0.020%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.706	+0.077%	$935K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.705	+0.068%	$4.7M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.690	−0.074%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0444% / S −0.0295%	1h	10.698	long leg	$226K	—	120x