AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0192%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.039%

Price spread now: Reya against GMX−0.046%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Reya is 0.046% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVAX/USD [AVAX-USDC]	11.102	L +0.0436% / S −0.0295%	pay 0.0055% / 1h	17m 22s	$235K	—	120x
Short	Reya AVAXRUSDPERP	11.097	0.0244	get 0.0031% / 1h	17m 22s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.046%Rate

Funding earned: −$40.4
Price spread: −0.046% → 0.000%: −$4.6
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$63
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Reya: 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 GMX no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

GMX and Reya: 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	−0.555%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0110%	1h	11.100	−0.015%	$5.2M	$8.2M	25x	as long as short
Nado AVAX-PERP	−0.0043%	1h	11.101	−0.010%	$286K	$500K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.106	+0.038%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.102	+0.003%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0056%	8h	11.103	+0.012%	$12.1M	$36.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.101	−0.002%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.101	−0.006%	$15K	$582K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.105	+0.031%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.109	+0.064%	$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	11.110	+0.079%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.101	−0.006%	$118.4M	$455.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.100	−0.015%	$88.4M	$142.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.101	−0.006%	$20.0M	$122.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.100	−0.015%	$48.6M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.106	+0.039%	$15.5M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.096	−0.051%	$33.3M	$50.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.100	−0.015%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.108	+0.057%	$355K	$532K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.095	−0.056%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.097	−0.044%	$354K	$798K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.100	−0.015%	$178K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.104	+0.021%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.107	+0.048%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.132	+0.271%	$12K	$713K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.102	+0.003%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.094	−0.066%	$360K	$854K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.102	+0.003%	$29.6M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.098	−0.032%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.102	+0.005%	$255K	—	3x	as long as short
Reya AVAXRUSDPERPshort	+0.0244%	1h	11.097	−0.046%	$1K	—	20x
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.104	+0.024%	$4.3M	$11.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.126	+0.219%	$904K	$5.8M	50x	as long as short
Hyperliquid AVAX	+0.0392%	1h	11.113	+0.102%	$43.2M	$45.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]long	L +0.0436% / S −0.0295%	1h	11.102	long leg	$235K	—	120x