AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0332%/8h= −36.4% APRnext payment −$0.42 per $10,000 · paid last 24h −0.084%

Price spread now: Aevo against GMX−0.059%7-day average −0.072% · you buy dearer than you sell

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

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.308%−$31 on $10k

Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.059%, 7d avg −0.072%

Together, before fees−0.291%−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.072%, 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]	11.151	L +0.0436% / S −0.0295%	pay 0.0055% / 1h	53m 17s	$236K	—	120x
Short	Aevo AVAX-PERP	11.144	0.0104	get 0.0013% / 1h	53m 17s	$256K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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 AevobpOrdersPrice spread, now −0.059%Rate

Funding earned: −$69.81
Price spread: −0.059% → −0.072%: $1.27
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$96.55
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: live order book, 11 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 Aevo live order book, 11 min ago	178.64 bp	388.0 bp −$388	doesn't fit	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 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	−0.1374%	1h	11.070	−0.726%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0083%	1h	11.133	−0.156%	$286K	$453K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.149	−0.017%	$5.2M	$8.0M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.135	−0.142%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.150	−0.006%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.153	+0.014%	$4.3M	$11.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.150	−0.010%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.137	−0.125%	$15K	$566K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.137	−0.128%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.142	−0.083%	$2.3M	$1.2M	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	11.138	−0.116%	$290K	$113K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.151	0.000%	$119.0M	$439.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.153	+0.019%	$88.6M	$139.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.154	+0.028%	$20.1M	$120.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.145	−0.053%	$12.2M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.152	+0.010%	$48.6M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.154	+0.028%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.156	+0.046%	$33.5M	$49.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.158	+0.064%	—	$82.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.155	+0.037%	$357K	$499K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.151	−0.002%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.099	−0.466%	$351K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.104	−0.421%	$178K	$680K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.140	−0.098%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.155	+0.037%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.165	+0.126%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.150	−0.008%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.141	−0.087%	$362K	$853K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.146	−0.044%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.148	−0.028%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	11.144	−0.059%	$256K	—	3x
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.144	−0.062%	$904K	$5.6M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.136	−0.137%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0347%	1h	11.156	+0.046%	$43.4M	$43.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0436% / S −0.0295%	1h	11.151	long leg	$236K	—	120x