AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.028%

Price spread now: dYdX against Polymarket Perps+0.041%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$334as in the Funding arb table

Net, price: spread back to 7d avg − costs−$310as in the Price arb table

costs, in and out, $10k−$3183.178% of the position

Long on Polymarket Perps Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.166%−$17 on $10k

Price spread, last 4 days (all we have)−0.397%−$40 · spread now +0.041%, 7d avg −0.039%

Together, before fees−0.563%−$56 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.079% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.039%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	10.842	0.0100	pay 0.0013% / 1h	49m 01s	$137K	$247K	10x
Short	dYdX AVAX-USD	10.846	0	get 0.0000% / 1h	49m 01s	$92K	$100K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Polymarket Perps. 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 Polymarket PerpsbpFee dYdXbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$21
Price spread: +0.041% → −0.039%: $7.95
Slippage, 4 orders: −$299.84
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$330.89
Costs to cover: 3.178%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 61 min ago; dYdX: live order book, 63 min ago.

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 Polymarket Perps live order book, 61 min ago	3.24 bp	7.2 bp −$7	26.8 bp −$268	doesn't fit	doesn't fit
Sell dYdX live order book, 63 min ago	145.99 bp	151.0 bp −$151	151.0 bp −$1,510	188.0 bp −$18.8K	432.7 bp −$216.3K

AVAX on 36 exchanges

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
Variational Omni AVAX	−0.0145%	8h	10.831	−0.104%	$3.0M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0120%	8h	10.843	+0.009%	$14.5M	$26.7M	75x	as long as short
SoDEX AVAX-USD	−0.0069%	1h	10.843	+0.009%	$18K	$67K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.846	+0.041%	$3.7M	$10.9M	50x	as long as short
Bybit AVAXUSDT	−0.0054%	8h	10.840	−0.018%	$84.5M	$131.4M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0027%	1h	10.845	+0.028%	$5.0M	$6.6M	25x	as long as short
Phemex AVAXUSDT	−0.0013%	8h	10.843	+0.009%	$28.9M	$5.6M	50x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.846	+0.041%	$92K	$100K	10x
Nado AVAX-PERP	0.0000%	1h	10.837	−0.046%	$275K	$299K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.884	+0.387%	$23K	—	150x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.756%	$17K	$151K	12x	as long as short
OKX AVAX-USDT-SWAP	+0.0091%	8h	10.841	−0.009%	$19.3M	$101.8M	50x	as long as short
Lighter AVAX	+0.0096%	1h	10.844	+0.018%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.840	−0.018%	$23K	$438K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.836	−0.051%	$12K	$62	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.856	+0.129%	$36.2M	$37.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.842	−0.003%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.842	0.000%	$273K	$105K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.843	+0.009%	$114.0M	$372.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.843	+0.009%	$52.4M	$69.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.845	+0.028%	$14.1M	$18.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.838	−0.037%	$33.0M	$43.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.841	−0.009%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.847	+0.046%	$438K	$521K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.881	+0.357%	$342K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.845	+0.028%	$174K	$660K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	10.842	long leg	$137K	$247K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.849	+0.065%	$235K	$217K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.870	+0.255%	$12K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.836	−0.057%	$325K	$919K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.837	−0.042%	$617K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.836	−0.057%	$249K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.848	+0.055%	$859K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.844	+0.018%	$4.8M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.832	−0.088%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.856	+0.129%	$229K	—	120x	as long as short