data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

AVAX

all AVAX markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 19:00 UTC−0.0311%/8h
next payment, per $10,000−$0.39paid, last 24h−0.032%paid, last 3 days−0.203%to open and closeno order book
Long on GMXShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AVAX/USD [AVAX-USDC]10.928L +0.0411% / S −0.0244%pay 0.0051% / 1h31m 38s$235K—120x
ShortHyperliquid AVAX10.9270.0100get 0.0013% / 1h31m 38s$40.4M$61.3M10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$65.35
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$86.35
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.017%
Avg gap 7d
−0.012%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample—————
Sell Hyperliquid live order book, 3 min ago0.91 bp5.9 bp −$68.8 bp −$88doesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit AVAX_USDC-PERPETUAL−0.0482%1h$5.2M$10.2M25xas long as short
Variational Omni AVAX−0.0309%8h$2.9M$2.2M—as long as short
Nado AVAX-PERP−0.0243%1h$320K$1.0M10xas long as short
Bybit AVAXUSDT−0.0236%8h$85.9M$152.5M75xas long as short
Gate AVAX_USDT−0.0131%8h$12.0M$41.5M75xas long as short
Backpack AVAX_USDC_PERP−0.0110%1h$303K$544K15xas long as short
OKX AVAX-USDT-SWAP−0.0060%8h$19.1M$147.4M50xas long as short
Aster AVAXUSDT−0.0017%8h$2.2M$2.1M75xas long as short
Kraken Futures PF_AVAXUSD−0.0004%1h$4.5M$14.2M50xas long as short
Phemex AVAXUSDT−0.0002%8h$29.2M$4.9M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX AVAX-USD0.0000%1h$85K$148K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h$12K—150xas long as short
SoDEX AVAX-USD+0.0011%1h$18K$72K10xas long as short
MEXC AVAX_USDT+0.0017%8h$52.3M$125.2M200xas long as short
Binance AVAXUSDT+0.0018%8h$117.2M$557.8M75xas long as short
Bitget AVAXUSDT+0.0033%8h$33.4M$64.1M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h$17K$35K12xas long as short
BingX AVAX-USDC+0.0037%8h—$6.5M—as long as short
Coinbase International AVAX-PERP-INTX+0.0040%1h$807K$8.4M50xas long as short
Paradex AVAX-USD-PERP+0.0066%8h$12K$76620xas long as short
BloFin AVAX-USDT+0.0072%8h$5.0M$9.4M100xas long as short
Aevo AVAX-PERP+0.0088%1h$251K—3xas long as short
Lighter AVAX+0.0096%1h$1.2M$3.2M10xas long as short
Popdex AVAXUSDT+0.0096%1h$12K$755K50xas long as short
Hyperliquid AVAXshort+0.0100%1h$40.4M$61.3M10x
Pacifica AVAX+0.0100%1h$295K$137K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h$14.9M$25.0M75xas long as short
ApeX Omni AVAXUSDT+0.0100%1h$176K$710K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h$108K$460K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h$203K$412K20xas long as short
SunX AVAX-USDT+0.0100%8h$11K$685K20xas long as short
HTX AVAX-USDT+0.0100%8h$346K$1.3M75xas long as short
Extended AVAX-USD+0.0104%1h$611K$2.2M25xas long as short
Reya AVAXRUSDPERP+0.0243%1h$1K—20xas long as short
GMX AVAX/USD [AVAX-USDC]longL +0.0411% / S −0.0244%1h$235K—120x