AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0343%/8h= −37.6% APRnext payment −$0.43 per $10,000 · paid last 24h −0.090%

Price spread now: Polymarket Perps against GMX−0.005%7-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 Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.339%−$34 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.005%, 7d avg −0.020%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	10.661	L +0.0443% / S −0.0294%	pay 0.0055% / 1h	35m 18s	$225K	—	120x
Short	Polymarket Perps AVAX-USD	10.660	0.0100	get 0.0013% / 1h	35m 18s	$134K	$329K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$72.13
Price spread: −0.005% → −0.020%: $1.56
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$90.57
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 2 min ago	2.34 bp	6.3 bp −$6	8.9 bp −$89	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	10.662	+0.016%	$3.8M	$11.7M	50x	as long as short
Nado AVAX-PERP	−0.0137%	1h	10.650	−0.099%	$288K	$335K	10x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.652	−0.076%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.661	+0.004%	$4.8M	$6.9M	25x	as long as short
Gate AVAX_USDT	−0.0005%	8h	10.655	−0.052%	$13.0M	$30.7M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.658	−0.025%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.661	+0.005%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.933%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0086%	8h	10.650	−0.103%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.656	−0.042%	$81.2M	$140.9M	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	10.653	−0.071%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.652	−0.080%	$25K	$469K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.663	+0.023%	$36.6M	$43.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.663	+0.021%	$2.2M	$904K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.659	−0.010%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.659	−0.014%	$112.6M	$412.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.658	−0.024%	$18.7M	$108.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.659	−0.014%	$45.2M	$79.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.651	−0.089%	$13.6M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.658	−0.024%	$32.3M	$47.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.658	−0.024%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.661	+0.004%	$435K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.674	+0.123%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.663	+0.023%	$172K	$662K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.660	−0.005%	$134K	$329K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.666	+0.051%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.681	+0.193%	$11K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.662	+0.014%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.664	+0.028%	$325K	$867K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.662	+0.014%	$28.4M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.655	−0.056%	$607K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.530	−1.220%	$242K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.663	+0.023%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.667	+0.061%	$849K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.654	−0.057%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0443% / S −0.0294%	1h	10.661	long leg	$225K	—	120x