Funding you earn now, next payment 22:00 UTC−0.0292%/8h= −32.0% APRnext payment −$0.37 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against GMX−0.232%68s7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.140%+$14 on $10k
+Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.232%, 7d avg −0.035%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and ApeX Omni is 0.197% cheaper against GMX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.035%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.140%, so the current rate has only just turned against you. The two prices were read 68 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 | GMX AAVE/USD [AAVE-USDC] | 144.41 | L +0.0266% / S −0.0438% | pay 0.0033% / 1h | 31m 54s | $124K | — | 100x |
| Short | ApeX Omni AAVEUSDT | 144.08 | −0.0026 | pay 0.0003% / 1h | 31m 54s | $134K | $229K | 50x |
GMX AAVE/USD [AAVE-USDC]
ApeX Omni AAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$61.39
- Price spread: −0.232% → −0.035%
- −$19.71
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$103.09
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 54 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 ApeX Omni live order book, 54 min ago | 8.45 bp | 16.4 bp −$16 | 101.8 bp −$1,018 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0442% | 1h | 144.31 | −0.072% | $248K | $483K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0201% | 1h | 144.26 | −0.107% | $5K | $299K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.33 | −0.059% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.43 | +0.011% | $4K | $101K | 10x | as long as short |
| ApeX Omni AAVEUSDTshort | −0.0026% | 1h | 144.08 | −0.232% | $134K | $229K | 50x | |
| dYdX AAVE-USD | 0.0000% | 1h | 144.40 | −0.007% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 144.32 | −0.066% | $71K | $1.6M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 144.41 | 0.000% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 144.42 | +0.001% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.162% | $422 | $51K | 12x | as long as short |
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
01 Exchange AAVEUSD
Phoenix AAVE
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.30 | −0.076% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0051% | 8h | 144.42 | +0.004% | $17.5M | $65.7M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0054% | 8h | 144.32 | −0.066% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0055% | 8h | 144.39 | −0.017% | $7.7M | $15.8M | 75x | as long as short |
| Binance AAVEUSDT | +0.0065% | 8h | 144.39 | −0.017% | $65.7M | $183.4M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0067% | 8h | 144.29 | −0.086% | $31.7M | $26.2M | 200x | as long as short |
| Nado AAVE-PERP | +0.0089% | 1h | 144.35 | −0.045% | $801K | $436K | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0094% | 8h | 144.35 | −0.042% | $455K | $3.9M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 144.47 | +0.041% | $4.6M | $1.6M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 144.34 | −0.055% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 144.40 | −0.013% | $180K | $241K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.44 | +0.015% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.45 | +0.024% | $80.2M | $33.0M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.34 | −0.055% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.42 | +0.006% | $329K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.40 | −0.010% | $61.5M | $65.4M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.36 | −0.038% | $50K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.61 | +0.138% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.35 | −0.045% | $10.3M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.38 | −0.024% | $30.1M | $18.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 144.38 | −0.024% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 144.45 | +0.024% | $377K | $702K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.08 | −0.232% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.26 | −0.106% | $100K | $313K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.41 | −0.003% | $126K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.33 | −0.057% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.47 | +0.038% | $724K | $4.9M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.33 | −0.059% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.32 | −0.068% | $928K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0187% | 8h | 144.33 | −0.059% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 144.36 | −0.038% | $777K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0266% / S −0.0438% | 1h | 144.41 | long leg | $124K | — | 100x |
Reya AAVERUSDPERP
OKX AAVE-USDT-SWAP
Orderly PERP_AAVE_USDC
Gate AAVE_USDT
Binance AAVEUSDT
MEXC AAVE_USDT
Nado AAVE-PERP
GRVT AAVE_USDT_Perp
Lighter AAVE
Aevo AAVE-PERP
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX