AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0443%/8h= −48.6% APRnext payment −$0.55 per $10,000 · paid last 24h −0.113%

Price spread now: dYdX against GMX+0.039%7-day average −0.052% · you sell dearer than you buy

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

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.431%−$43 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.039%, 7d avg −0.052%

Together, before fees−0.472%−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.091% dearer against GMX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.052%): +$9 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	10.752	L +0.0443% / S −0.0294%	pay 0.0055% / 1h	20m 00s	$227K	—	120x
Short	dYdX AVAX-USD	10.756	0	get 0.0000% / 1h	20m 00s	$92K	$119K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$93.13
Price spread: +0.039% → −0.052%: $9.09
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$106.04
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 24 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 dYdX live order book, 24 min ago	143.38 bp	151.2 bp −$151	151.2 bp −$1,512	181.1 bp −$18.1K	192.0 bp −$96.0K

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	−0.0197%	1h	10.752	+0.006%	$283K	$341K	10x	as long as short
Variational Omni AVAX	−0.0056%	8h	10.732	−0.189%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.756	+0.039%	$92K	$119K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.758	+0.057%	$4.9M	$7.1M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.745	−0.059%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.075%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0034%	8h	10.754	+0.020%	$12.9M	$32.3M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.753	+0.011%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0090%	8h	10.741	−0.101%	$81.8M	$146.0M	75x	as long as short
SoDEX AVAX-USD	+0.0092%	1h	10.755	+0.029%	$18K	$72K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.755	+0.025%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.756	+0.038%	$25K	$443K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.752	+0.001%	$37.4M	$43.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.745	−0.060%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.757	+0.043%	$270K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.741	−0.097%	$114.3M	$423.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.742	−0.092%	$18.9M	$112.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.752	+0.001%	$45.6M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.752	+0.001%	$13.6M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.743	−0.083%	$32.5M	$48.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.744	−0.073%	—	$54.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.747	−0.046%	$438K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.744	−0.072%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.747	−0.046%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.759	+0.066%	$135K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.762	+0.094%	$231K	$275K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.782	+0.280%	$11K	$766K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.764	+0.111%	$339K	$904K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.757	+0.047%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.751	−0.009%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.752	+0.001%	$247K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0112%	1h	10.758	+0.057%	$4.3M	$11.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.759	+0.066%	$855K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.743	−0.083%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.752	+0.003%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0443% / S −0.0294%	1h	10.752	long leg	$227K	—	120x