AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Popdex against Polymarket Perps−0.054%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Polymarket Perps Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.169%−$17 · spread now −0.054%, 7d avg −0.028%

Together, before fees−0.170%−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.026% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.194	0.0100	pay 0.0013% / 1h	45m 47s	$133K	$459K	10x
Short	Popdex AVAXUSDT	11.188	0.0096	get 0.0012% / 1h	45m 47s	$14K	$696K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.054%Rate

Funding earned: −$0.84
Price spread: −0.054% → −0.028%: −$2.56
Slippage, 4 orders: −$12.83
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$30.63
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 37 min ago; Popdex: live order book, 38 min ago.

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, 37 min ago	2.21 bp	6.2 bp −$6	8.4 bp −$84	doesn't fit	doesn't fit
Sell Popdex live order book, 38 min ago	1.77 bp	6.3 bp −$6	16.2 bp −$162	doesn't fit	doesn't fit

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
Injective AVAX/USDC PERP	−0.0570%	1h	11.140	−0.482%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0107%	1h	11.197	+0.027%	$5.3M	$9.3M	25x	as long as short
Variational Omni AVAX	−0.0043%	8h	11.261	+0.594%	$3.0M	$2.3M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	11.229	+0.311%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.195	+0.011%	$16K	—	150x	as long as short
Nado AVAX-PERP	+0.0036%	1h	11.189	−0.045%	$295K	$912K	10x	as long as short
Gate AVAX_USDT	+0.0095%	8h	11.215	+0.188%	$12.5M	$39.9M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.229	+0.309%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.188	−0.054%	$14K	$696K	50x
Paradex AVAX-USD-PERP	+0.0099%	8h	11.233	+0.350%	$13K	$766	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	11.214	+0.175%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.232	+0.341%	$298K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.232	+0.341%	$120.2M	$528.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.233	+0.348%	$87.9M	$157.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.231	+0.331%	$20.2M	$146.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.235	+0.366%	$52.4M	$99.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.234	+0.357%	$16.1M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.226	+0.286%	$34.0M	$60.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.222	+0.250%	—	$89.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.209	+0.134%	$357K	$579K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.257	+0.563%	$356K	$885K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.217	+0.205%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.194	long leg	$133K	$459K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.205	+0.098%	$201K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.227	+0.294%	$12K	$727K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.199	+0.045%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.197	+0.031%	$361K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.201	+0.063%	$30.1M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.215	+0.184%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.195	+0.009%	$257K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.207	+0.116%	$903K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.193	−0.009%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.191	−0.025%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0396% / S −0.0236%	1h	11.196	+0.022%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0511%	1h	11.238	+0.393%	$43.5M	$57.9M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0631%	1h	11.205	+0.098%	$4.6M	$13.6M	50x	as long as short