AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0195%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.041%

Price spread now: GMX against ApeX Omni−0.033%7-day average +0.026% · you buy dearer than you sell

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

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.157%+$16 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.033%, 7d avg +0.026%

Together, before fees+0.216%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.059% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.026%). If the spread goes back, that is −$6 on $10k: about 24 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.102	0.0100	pay 0.0013% / 1h	18m 55s	$178K	$678K	50x
Short	GMX AVAX/USD [AVAX-USDC]	11.098	L +0.0436% / S −0.0295%	get 0.0037% / 1h	18m 55s	$235K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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 ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $40.92
Price spread: −0.033% → +0.026%: −$5.87
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $13.05
Costs to cover: 0.220%
Break-even: 4.8 days

Slippage unknown: ApeX Omni: live order book, 50 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 ApeX Omni live order book, 50 min ago	4.46 bp	15.8 bp −$16	115.3 bp −$1,153	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 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	11.040	−0.558%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0044%	1h	11.095	−0.063%	$285K	$500K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.101	−0.009%	$5.2M	$8.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.091	−0.099%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.098	−0.032%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0050%	8h	11.107	+0.045%	$12.1M	$36.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.102	−0.001%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.098	−0.036%	$15K	$581K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.096	−0.053%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.109	+0.062%	$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	−0.066%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.113	+0.102%	$118.5M	$455.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.110	+0.072%	$88.4M	$142.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.113	+0.099%	$19.9M	$122.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.111	+0.081%	$48.7M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.114	+0.108%	$15.5M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.106	+0.036%	$33.3M	$50.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.112	+0.090%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.110	+0.072%	$355K	$532K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.095	−0.059%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.112	+0.090%	$355K	$810K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.102	long leg	$178K	$678K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.106	+0.036%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.107	+0.045%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.128	+0.231%	$12K	$713K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.102	0.000%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.077	−0.229%	$360K	$870K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.105	+0.027%	$29.6M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.107	+0.046%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.103	+0.010%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.101	−0.008%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.106	+0.040%	$4.3M	$11.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.105	+0.027%	$902K	$5.8M	50x	as long as short
Hyperliquid AVAX	+0.0393%	1h	11.121	+0.171%	$43.2M	$45.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0436% / S −0.0295%	1h	11.098	−0.033%	$235K	—	120x