AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h −0.002%

Price spread now: Aevo against GMX−0.047%7-day average −0.036% · you buy dearer than you sell

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

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.145%+$15 on $10k

Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.047%, 7d avg −0.036%

Together, before fees+0.167%+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.145%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AAVE/USD [AAVE-USDC]	145.29	L +0.0267% / S −0.0438%	pay 0.0033% / 1h	12m 14s	$125K	—	100x
Short	Aevo AAVE-PERP	145.22	0.0088	get 0.0011% / 1h	12m 14s	$123K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GMXbpFee AevobpOrdersPrice spread, now −0.047%Rate

Funding earned: −$37.64
Price spread: −0.047% → −0.036%: −$1.05
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$66.7
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: live order book, 6 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 GMX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 6 min ago	26.19 bp	39.1 bp −$39	doesn't fit	doesn't fit	doesn't fit

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
01 Exchange AAVEUSD	−0.0136%	1h	145.23	−0.041%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0094%	1h	145.18	−0.076%	$255K	$465K	50x	as long as short
Phoenix AAVE	−0.0045%	1h	145.09	−0.137%	$5K	$100K	10x	as long as short
SoDEX AAVE-USD	−0.0038%	1h	145.16	−0.089%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.12	−0.118%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.19	−0.069%	$66K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.30	+0.008%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.733%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	145.15	−0.096%	$30.8M	$25.9M	200x	as long as short
Binance AAVEUSDT	+0.0036%	8h	145.14	−0.103%	$66.2M	$185.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.19	−0.067%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	145.26	−0.018%	$181K	$244K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	145.18	−0.076%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	145.26	−0.022%	$3.5M	$2.1M	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0057%	8h	145.00	−0.199%	$17.6M	$66.9M	50x	as long as short
Gate AAVE_USDT	+0.0064%	8h	145.27	−0.014%	$7.8M	$15.9M	75x	as long as short
Aevo AAVE-PERPshort	+0.0088%	1h	145.22	−0.047%	$123K	$146	10x
Lighter AAVE	+0.0096%	1h	145.36	+0.050%	$4.7M	$1.6M	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0097%	8h	145.01	−0.190%	$458K	$3.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.16	−0.092%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.16	−0.086%	$803K	$437K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.35	+0.041%	$79.9M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.29	−0.001%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.20	−0.060%	$331K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.06	−0.158%	$61.6M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.23	−0.041%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.07	−0.148%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.11	−0.124%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.18	−0.076%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.24	−0.034%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.20	−0.062%	$347K	$725K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.10	−0.133%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.96	−0.226%	$104K	$317K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.94	−0.241%	$135K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.28	−0.007%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.26	−0.018%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.32	+0.021%	$696K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.09	−0.137%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.12	−0.117%	$931K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0144%	8h	145.05	−0.165%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]long	L +0.0267% / S −0.0438%	1h	145.29	long leg	$125K	—	100x
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.06	−0.158%	$787K	$3.0M	50x	as long as short