AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.042%

Price spread now: GMX against Polymarket Perps+0.043%7-day average +0.021% · you sell dearer than you buy

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.170%+$17 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.043%, 7d avg +0.021%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	10.704	0.0100	pay 0.0013% / 1h	27m 54s	$136K	$352K	10x
Short	GMX AVAX/USD [AVAX-USDC]	10.709	L +0.0443% / S −0.0294%	get 0.0037% / 1h	27m 54s	$226K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. 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 Polymarket PerpsbpFee GMXbpOrdersPrice spread, now +0.043%Rate

Funding earned: $40.74
Price spread: +0.043% → +0.021%: $2.17
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $22.92
Costs to cover: 0.200%
Break-even: 3.1 days

Slippage unknown: Polymarket Perps: live order book, 14 min ago; GMX: no order-book sample. 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 Polymarket Perps live order book, 14 min ago	2.34 bp	6.3 bp −$6	7.3 bp −$73	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0181%	1h	10.699	−0.042%	$285K	$339K	10x	as long as short
Variational Omni AVAX	−0.0048%	8h	10.697	−0.069%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.705	+0.009%	$4.8M	$7.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.706	+0.015%	$89K	$117K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.708	+0.034%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.716	+0.112%	$12.8M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.523%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0088%	8h	10.702	−0.023%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.718	+0.131%	$81.2M	$146.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.705	+0.006%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.701	−0.028%	$20K	$426K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.716	+0.112%	$37.4M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.719	+0.137%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.710	+0.052%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.722	+0.172%	$113.9M	$424.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.720	+0.149%	$18.8M	$112.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.721	+0.159%	$45.6M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.723	+0.178%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.722	+0.168%	$32.5M	$48.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.720	+0.149%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.711	+0.065%	$436K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.700	−0.034%	$341K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.712	+0.075%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	10.704	long leg	$136K	$352K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.710	+0.056%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	+0.277%	$11K	$765K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.705	+0.009%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.697	−0.069%	$336K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.704	0.000%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.717	+0.121%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.700	−0.041%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.710	+0.052%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.712	+0.075%	$854K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.707	+0.028%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.699	−0.043%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0443% / S −0.0294%	1h	10.709	+0.043%	$226K	—	120x