AVAX

Alert

Funding spread now, next payment 17:00 UTC−0.0390%/8h

paid, last 24h−0.074%paid, last 3 days+0.008%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	11.115	L +0.0402% / S −0.0235%	pay 0.0050% / 1h	42m 10s	$234K	—	120x
Short	BloFin AVAX-USDT	11.123	0.0012	get 0.0012% / 8h	7h 42m	$5.1M	$11.0M	100x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee BloFinbpOrdersRate

Funding earned: −$81.85
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$105.85
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.068%
Avg gap 7d: −0.036%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 BloFin live order book, 3 min ago	0.45 bp	7.4 bp −$7	14.5 bp −$145	34.7 bp −$3,469	64.8 bp −$32.4K

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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AVAX_USDC-PERPETUAL	−0.0380%	1h	$5.3M	$11.7M	25x	as long as short
ApeX Omni AVAXUSDT	−0.0356%	1h	$138K	$729K	50x	as long as short
Bybit AVAXUSDT	−0.0354%	8h	$88.4M	$170.1M	75x	as long as short
Phemex AVAXUSDT	−0.0341%	8h	$29.7M	$4.9M	50x	as long as short
Variational Omni AVAX	−0.0245%	8h	$2.9M	$3.0M	—	as long as short
Kraken Futures PF_AVAXUSD	−0.0023%	1h	$4.4M	$17.4M	50x	as long as short
OKX AVAX-USDT-SWAP	−0.0009%	8h	$20.5M	$171.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	$64K	$173K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	$13K	—	150x	as long as short
MEXC AVAX_USDT	+0.0003%	8h	$52.0M	$144.9M	200x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0006%	8h	$120.7M	$633.8M	75x	as long as short
Aster AVAXUSDT	+0.0009%	8h	$2.3M	$2.6M	75x	as long as short
BloFin AVAX-USDTshort	+0.0012%	8h	$5.1M	$11.0M	100x
SoDEX AVAX-USD	+0.0017%	1h	$19K	$75K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	$17K	$79K	12x	as long as short
Backpack AVAX_USDC_PERP	+0.0037%	1h	$318K	$593K	15x	as long as short
Paradex AVAX-USD-PERP	+0.0058%	8h	$13K	$2K	20x	as long as short
Bitget AVAXUSDT	+0.0065%	8h	$34.3M	$73.4M	75x	as long as short
BingX AVAX-USDC	+0.0066%	8h	—	$6.6M	—	as long as short
Nado AVAX-PERP	+0.0069%	1h	$313K	$1.4M	10x	as long as short
Aevo AVAX-PERP	+0.0080%	1h	$255K	—	3x	as long as short
Polymarket Perps AVAX-USD	+0.0091%	1h	$112K	$519K	10x	as long as short
Lighter AVAX	+0.0096%	1h	$1.3M	$3.2M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	$16K	$859K	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0096%	1h	$819K	$10.5M	50x	as long as short
Pacifica AVAX	+0.0100%	1h	$301K	$137K	10x	as long as short
Gate AVAX_USDT	+0.0100%	8h	$12.3M	$44.9M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$14.7M	$27.4M	75x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	$195K	$404K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	$12K	$700K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$357K	$1.4M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	$642K	$2.4M	25x	as long as short
Hyperliquid AVAX	+0.0121%	1h	$43.4M	$67.6M	10x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0402% / S −0.0235%	1h	$234K	—	120x