AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.067%

Price spread now: GMX against Arcus+0.033%7-day average +0.026% · you sell dearer than you buy

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

Long on Arcus Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.146%−$15 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.033%, 7d avg +0.026%

Together, before fees−0.091%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AAVE-USD	142.73	0.0100	pay 0.0013% / 1h	44m 38s	$64K	$197K	10x
Short	GMX AAVE/USD [AAVE-USDC]	142.78	L +0.0252% / S −0.0362%	get 0.0045% / 1h	44m 38s	$112K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Arcus. 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 ArcusbpFee GMXbpOrdersPrice spread, now +0.033%Rate

Funding earned: $55.05
Price spread: +0.033% → +0.026%: $0.62
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee GMX: 6 bp × 2 orders: −$12
Net: $39.17
Costs to cover: 0.165%
Break-even: 2.0 days

Slippage unknown: Arcus: live order book, 64 min ago; GMX: 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 Arcus live order book, 64 min ago	2.44 bp	7.3 bp −$7	19.5 bp −$195	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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.

AAVE on 42 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
dYdX AAVE-USD	0.0000%	1h	142.74	+0.008%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.37	−0.252%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.76	+0.021%	$217K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.76	+0.022%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.043%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.69	−0.030%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0048%	1h	142.68	−0.032%	$827K	$401K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0077%	8h	142.73	0.000%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.30	+0.399%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.75	+0.016%	$4.5M	$2.4M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.61	−0.087%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.67	−0.043%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.69	−0.026%	$326K	$449K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.70	−0.022%	$64.3M	$191.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.66	−0.049%	$61.3M	$68.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.60	−0.091%	$17.0M	$65.5M	50x	as long as short
Arcus AAVE-USDlong	+0.0100%	1h	142.73	long leg	$64K	$197K	10x
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.107%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.59	−0.098%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.63	−0.070%	$25.0M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.68	−0.035%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.63	−0.070%	$29.2M	$18.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.58	−0.105%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.80	+0.049%	$335K	$724K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.34	−0.273%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.69	−0.027%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.76	+0.019%	$452K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.70	−0.021%	$133K	$223K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.80	+0.049%	$141K	$471K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.76	+0.019%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.72	−0.007%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.93	+0.137%	$678K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.74	+0.007%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.54	−0.134%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.77	+0.025%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	142.62	−0.077%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0208%	1h	142.73	0.000%	$78.0M	$37.2M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.77	+0.028%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0362%	1h	142.78	+0.033%	$112K	—	100x
RISEx AAVE/USDC	+0.0256%	1h	142.60	−0.093%	$195K	$262K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.70	−0.021%	$756K	$2.9M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.85	+0.083%	$3.4M	$2.1M	50x	as long as short