Funding you earn now, next payment 01:00 UTC+0.0349%/8h= +38.2% APRnext payment +$0.44 per $10,000 · paid last 24h +0.027%
Price spread now: GMX against Bulk+0.154%46s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.154% dearer against Bulk than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk AAVE-USD | 146.05 | 0.0100 | pay 0.0013% / 1h | 42m 44s | $61K | −$0 | 10x |
| Short | GMX AAVE/USD [AAVE-USDC] | 146.28 | L +0.0269% / S −0.0449% | get 0.0056% / 1h | 42m 44s | $128K | — | 100x |
Bulk AAVE-USD
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bulk. 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
- $73.33
- Price spread: +0.154% → 0.000%
- $15.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $69.76
- Costs to cover
- 0.190%
- Break-even
- 0.3 days
Slippage unknown: Bulk: no order-book sample; 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 Bulk no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Bulk and 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAVEUSDT | −0.0256% | 8h | 146.24 | +0.130% | $4.2M | $3.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | −0.0184% | 1h | 146.32 | +0.183% | $3.5M | $2.1M | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0128% | 1h | 146.15 | +0.068% | $11K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0061% | 1h | 146.21 | +0.110% | $5K | $305K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 146.19 | +0.095% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 146.21 | +0.110% | $79K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 145.81 | −0.164% | $5K | $102K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 146.30 | +0.171% | $255K | $373K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.28 | +0.157% | $71K | — | 150x | as long as short |
| MEXC AAVE_USDT | +0.0023% | 8h | 146.05 | 0.000% | $29.3M | $25.7M | 200x | as long as short |
Phemex AAVEUSDT
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
MEXC AAVE_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0025% | 8h | 146.07 | +0.014% | $66.2M | $186.9M | 75x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.224% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.13 | +0.053% | — | — | 20x | as long as short |
| ApeX Omni AAVEUSDT | +0.0049% | 1h | 145.80 | −0.171% | $136K | $230K | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0049% | 8h | 146.21 | +0.110% | $18K | $12K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0064% | 8h | 146.09 | +0.027% | $17.9M | $67.3M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.25 | +0.137% | $124K | $146 | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0093% | 8h | 145.86 | −0.130% | $457K | $3.9M | 10x | as long as short |
| BloFin AAVE-USDT | +0.0095% | 8h | 146.22 | +0.116% | $3.5M | $4.1M | 100x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 146.26 | +0.141% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 146.07 | +0.012% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 146.19 | +0.099% | $799K | $448K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 146.15 | +0.068% | $79.7M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 146.18 | +0.089% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 146.07 | +0.014% | $333K | $503K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 146.09 | +0.027% | $62.4M | $65.7M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 146.12 | +0.048% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USDlong | +0.0100% | 1h | 146.05 | long leg | $61K | −$0 | 10x | |
| Gate AAVE_USDT | +0.0100% | 8h | 146.11 | +0.041% | $7.9M | $15.2M | 75x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 146.07 | +0.014% | $10.1M | $8.8M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 146.06 | +0.007% | $30.3M | $18.2M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 146.09 | +0.027% | — | $44.1M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 146.28 | +0.157% | $347K | $734K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.63 | −0.286% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.74 | −0.210% | $105K | $318K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.21 | +0.110% | $128K | $445K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 146.12 | +0.051% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.46 | +0.277% | $699K | $5.1M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 146.05 | +0.003% | $935K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 146.15 | +0.067% | $185K | $246K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0269% / S −0.0449% | 1h | 146.28 | +0.154% | $128K | — | 100x | |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.08 | +0.021% | $786K | $3.1M | 50x | as long as short |
Binance AAVEUSDT
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
ApeX Omni AAVEUSDT
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Aevo AAVE-PERP
GRVT AAVE_USDT_Perp
BloFin AAVE-USDT
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Gate AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX