AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0332%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.121%

Price spread now: Extended against GMX+0.034%7-day average −0.116% · you sell dearer than you buy

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

Long on GMX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.392%−$39 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.034%, 7d avg −0.116%

Together, before fees−0.453%+ Points / potential airdropExtended: Active · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.151% dearer against GMX than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.116%): +$15 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	11.088	L +0.0436% / S −0.0295%	pay 0.0055% / 1h	19m 37s	$235K	—	120x
Short	Extended AVAX-USD	11.092	0.0104	get 0.0013% / 1h	19m 37s	$671K	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$69.82
Price spread: +0.034% → −0.116%: $15.06
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$71.75
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago	0.45 bp	6.6 bp −$7	9.0 bp −$90	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 35 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	−0.1423%	1h	11.080	−0.074%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0111%	1h	11.084	−0.038%	$5.2M	$8.2M	25x	as long as short
Nado AVAX-PERP	−0.0043%	1h	11.085	−0.029%	$285K	$500K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.091	+0.025%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.090	+0.017%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0050%	8h	11.091	+0.025%	$12.1M	$36.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.096	+0.070%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.098	+0.088%	$15K	$581K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.096	+0.071%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.098	+0.090%	$2.3M	$1.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.095	+0.058%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.097	+0.079%	$118.3M	$455.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.098	+0.088%	$88.3M	$142.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.095	+0.061%	$19.9M	$122.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.094	+0.052%	$48.6M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.100	+0.106%	$15.5M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.090	+0.016%	$33.3M	$50.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.094	+0.052%	—	$83.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.095	+0.061%	$355K	$532K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.095	+0.065%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.112	+0.214%	$355K	$810K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.116	+0.250%	$179K	$677K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.090	+0.016%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.094	+0.052%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.118	+0.265%	$12K	$713K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.086	−0.020%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.079	−0.088%	$360K	$871K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.090	+0.016%	$29.6M	$5.6M	50x	as long as short
Extended AVAX-USDshort	+0.0104%	1h	11.092	+0.034%	$671K	$1.7M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.080	−0.074%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.085	−0.028%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.089	+0.005%	$4.3M	$11.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.121	+0.295%	$904K	$5.8M	50x	as long as short
Hyperliquid AVAX	+0.0392%	1h	11.110	+0.196%	$43.2M	$45.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0436% / S −0.0295%	1h	11.088	long leg	$235K	—	120x