Funding you earn now, next payment 01:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.037%
Price spread now: GMX against BingX+0.205%7-day average +0.058% · 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)−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.205%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.147% dearer against BingX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 3 days funding on this pair cost −0.161%, 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 | BingX AAVE-USDC | 145.83 | 0.0100 | pay 0.0100% / 8h | 7h 19m | — | $6.5M | — |
| Short | GMX AAVE/USD [AAVE-USDC] | 146.13 | L +0.0233% / S −0.0363% | get 0.0045% / 1h | 19m 01s | $128K | — | 100x |
BingX AAVE-USDC
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $55.19
- Price spread: +0.205% → +0.058%
- $14.72
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $47.9
- Costs to cover
- 0.220%
- Break-even
- 0.9 days
Slippage unknown: BingX: live order book, 2 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 BingX live order book, 2 min ago | 0.68 bp | 14.9 bp −$15 | 39.0 bp −$390 | 220.6 bp −$22.1K | 608.7 bp −$304.3K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AAVEUSD | −0.0185% | 1h | 146.01 | +0.124% | $3.5M | $2.0M | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0160% | 1h | 146.18 | +0.240% | $11K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0094% | 1h | 145.90 | +0.048% | $5K | $305K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0092% | 1h | 146.05 | +0.151% | $255K | $369K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 146.28 | +0.305% | $104K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 146.12 | +0.199% | $77K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 146.58 | +0.514% | $5K | $102K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.13 | +0.206% | $71K | — | 150x | as long as short |
| Gate AAVE_USDT | +0.0009% | 8h | 145.85 | +0.014% | $7.9M | $15.3M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0021% | 8h | 145.80 | −0.021% | $28.9M | $25.8M | 200x | as long as short |
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
gTrade (Gains Network) AAVE/USD
Gate AAVE_USDT
MEXC AAVE_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0021% | 8h | 145.83 | 0.000% | $66.0M | $183.6M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0033% | 8h | 145.92 | +0.062% | $4.2M | $3.8M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.082% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.05 | +0.149% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0045% | 8h | 146.02 | +0.130% | $18K | $10K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0063% | 8h | 145.80 | −0.021% | $17.9M | $66.2M | 50x | as long as short |
| Bybit AAVEUSDT | +0.0068% | 8h | 145.81 | −0.014% | $62.4M | $65.0M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0074% | 1h | 146.56 | +0.501% | $136K | $231K | 50x | as long as short |
| BloFin AAVE-USDT | +0.0085% | 8h | 146.04 | +0.144% | $3.5M | $3.5M | 100x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.10 | +0.187% | $123K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 146.03 | +0.136% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 146.14 | +0.211% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 146.14 | +0.211% | $799K | $423K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.93 | +0.070% | $79.5M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 146.00 | +0.117% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 146.15 | +0.222% | $334K | $503K | 10x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 146.17 | +0.233% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.36 | +0.361% | $61K | −$0 | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.86 | +0.021% | $10.3M | $8.9M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.81 | −0.014% | $30.2M | $17.9M | 75x | as long as short |
| BingX AAVE-USDClong | +0.0100% | 8h | 145.83 | long leg | — | $6.5M | — | |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.93 | +0.069% | $333K | $735K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 146.44 | +0.419% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 146.46 | +0.435% | $106K | $317K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 146.48 | +0.446% | $464K | $3.7M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.13 | +0.206% | $127K | $416K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 146.06 | +0.154% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.46 | +0.429% | $711K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.98 | +0.104% | $939K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 146.21 | +0.257% | $185K | $246K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0233% / S −0.0363% | 1h | 146.13 | +0.205% | $128K | — | 100x | |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.41 | +0.398% | $785K | $2.9M | 50x | as long as short |
Binance AAVEUSDT
Phemex AAVEUSDT
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Bybit AAVEUSDT
ApeX Omni AAVEUSDT
BloFin AAVE-USDT
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX