AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.054%

Price spread now: GMX against Extended−0.011%63s7-day average +0.110% · you buy dearer than you sell

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.251%+$25 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.011%, 7d avg +0.110%

Together, before fees+0.289%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.121% cheaper against Extended than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.110%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.706	0.0104	pay 0.0013% / 1h	17m 20s	$605K	$1.4M	25x
Short	GMX AVAX/USD [AVAX-USDC]	10.704	L +0.0443% / S −0.0294%	get 0.0037% / 1h	17m 20s	$226K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now −0.011%Rate

Funding earned: $39.9
Price spread: −0.011% → +0.110%: −$12.12
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $10.79
Costs to cover: 0.170%
Break-even: 5.1 days

Slippage unknown: Extended: live order book, 1 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 Extended live order book, 1 min ago	0.94 bp	5.2 bp −$5	7.1 bp −$71	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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.713	+0.069%	$3.8M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0176%	1h	10.704	−0.021%	$289K	$329K	10x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.667	−0.365%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.706	−0.001%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.713	+0.068%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.712	+0.062%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.708	+0.021%	$13.2M	$30.8M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.507%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0090%	8h	10.704	−0.014%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.710	+0.041%	$1.2M	$2.4M	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	10.703	−0.025%	$25K	$468K	50x	as long as short
Bybit AVAXUSDT	+0.0099%	8h	10.708	+0.021%	$81.8M	$139.5M	75x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.716	+0.096%	$36.7M	$41.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.714	+0.077%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.711	+0.048%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.714	+0.077%	$113.3M	$406.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.709	+0.031%	$18.8M	$107.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.709	+0.031%	$50.7M	$80.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.703	−0.025%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.710	+0.040%	$32.5M	$46.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.708	+0.021%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.706	+0.003%	$436K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.702	−0.034%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.703	−0.025%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.706	+0.003%	$134K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.719	+0.124%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.734	+0.265%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.711	+0.049%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.725	+0.184%	$326K	$863K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.713	+0.068%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.706	long leg	$605K	$1.4M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.710	+0.045%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.705	−0.007%	$4.7M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.712	+0.059%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.705	−0.008%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]short	L +0.0443% / S −0.0294%	1h	10.704	−0.011%	$226K	—	120x