Funding you earn now, next payment 23:00 UTC−0.0144%/8h= −15.7% APRnext payment −$0.18 per $10,000 · paid last 24h −0.047%
Price spread now: Polymarket Perps against Reya+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Polymarket Perps is 0.052% dearer against Reya than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 11.222 | 0.0244 | pay 0.0030% / 1h | 44m 55s | $1K | — | 20x |
| Short | Polymarket Perps AVAX-USD | 11.228 | 0.0100 | get 0.0013% / 1h | 44m 55s | $133K | $459K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$30.16
- Price spread: +0.052% → 0.000%
- $5.25
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$38.91
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Polymarket Perps: live order book, 38 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 Reya no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 38 min ago | 2.21 bp | 8.3 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.0570% | 1h | 11.160 | −0.553% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0106% | 1h | 11.221 | −0.010% | $5.3M | $9.3M | 25x | as long as short |
| Variational Omni AVAX | −0.0033% | 8h | 11.187 | −0.309% | $2.9M | $2.4M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.229 | +0.060% | $99K | $107K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0004% | 1h | 11.226 | +0.036% | $16K | — | 150x | as long as short |
| Nado AVAX-PERP | +0.0027% | 1h | 11.229 | +0.061% | $296K | $912K | 10x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.223 | +0.012% | $1.2M | $3.3M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.228 | +0.052% | $15K | $696K | 50x | as long as short |
| Gate AVAX_USDT | +0.0097% | 8h | 11.220 | −0.019% | $12.5M | $39.9M | 75x | as long as short |
| Paradex AVAX-USD-PERP | +0.0099% | 8h | 11.233 | +0.099% | $13K | $766 | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AVAXUSDT | +0.0100% | 8h | 11.219 | −0.032% | $2.3M | $1.9M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.232 | +0.090% | $298K | $120K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.226 | +0.035% | $120.2M | $528.8M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.225 | +0.026% | $87.9M | $157.7M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.223 | +0.008% | $20.2M | $146.6M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.227 | +0.044% | $52.2M | $99.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.227 | +0.044% | $16.1M | $24.4M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.222 | −0.001% | $33.9M | $60.4M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.224 | +0.017% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.221 | −0.010% | $358K | $578K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.201 | −0.188% | $354K | $885K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.206 | −0.144% | $180K | $686K | 50x | as long as short |
| Polymarket Perps AVAX-USDshort | +0.0100% | 1h | 11.228 | +0.052% | $133K | $459K | 10x | |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.233 | +0.097% | $202K | $301K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.255 | +0.294% | $12K | $728K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.222 | −0.001% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.230 | +0.075% | $362K | $1.1M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.225 | +0.026% | $30.2M | $5.0M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.219 | −0.031% | $669K | $2.2M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.223 | +0.003% | $258K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0192% | 1h | 11.240 | +0.159% | $906K | $8.4M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.222 | −0.001% | $5.0M | $8.0M | 100x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0244% | 1h | 11.222 | long leg | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC] | L +0.0396% / S −0.0236% | 1h | 11.225 | +0.023% | $237K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0510% | 1h | 11.243 | +0.186% | $43.5M | $57.9M | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0630% | 1h | 11.227 | +0.044% | $4.6M | $13.6M | 50x | as long as short |
Polymarket Perps AVAX-USD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Variational Omni AVAX
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Gate AVAX_USDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX
Kraken Futures PF_AVAXUSD