Funding you earn now, next payment 22:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h −0.005%
Price spread now: BingX against GMX−0.011%7-day average −0.057% · 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)+0.141%+$14 on $10k
+Price spread, last 3 days (all we have)−0.564%−$56 · spread now −0.011%, 7d avg −0.057%
=The price spread pays, funding is against you. BingX is 0.045% dearer against GMX than usual: you sell high and buy low (spread −0.011% now, against its 7-day average of −0.057%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 3 days funding on this pair paid +0.141%, 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] | 145.01 | L +0.0266% / S −0.0438% | pay 0.0033% / 1h | 50m 33s | $125K | — | 100x |
| Short | BingX AAVE-USDT | 144.99 | 0.0100 | get 0.0100% / 8h | 2h 50m | — | $44.3M | — |
GMX AAVE/USD [AAVE-USDC]
BingX AAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$34.86
- Price spread: −0.011% → −0.057%
- $4.53
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.33
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 3 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 BingX live order book, 3 min ago | 0.69 bp | 5.8 bp −$6 | 8.3 bp −$83 | 21.5 bp −$2,154 | 66.5 bp −$33.3K |
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 | −0.0233% | 1h | 144.97 | −0.025% | $246K | $477K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0165% | 1h | 144.91 | −0.066% | $5K | $311K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.94 | −0.046% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 145.35 | +0.237% | $4K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.13 | +0.082% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.00 | −0.004% | $75K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.01 | +0.003% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 145.03 | +0.019% | $3.5M | $2.0M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.549% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.93 | −0.050% | — | — | 20x | 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 PERP
Reya AAVERUSDPERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AAVE-USDT-SWAP | +0.0049% | 8h | 145.05 | +0.030% | $17.7M | $65.5M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0060% | 8h | 144.92 | −0.060% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0067% | 8h | 144.97 | −0.025% | $7.8M | $15.6M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0080% | 8h | 144.94 | −0.046% | $32.2M | $26.0M | 200x | as long as short |
| Binance AAVEUSDT | +0.0081% | 8h | 145.04 | +0.023% | $65.9M | $181.5M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0095% | 1h | 145.30 | +0.202% | $135K | $229K | 50x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.15 | +0.098% | $4.7M | $1.6M | 10x | as long as short |
| Nado AAVE-PERP | +0.0097% | 1h | 144.97 | −0.029% | $813K | $440K | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 145.03 | +0.014% | $180K | $242K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.98 | −0.020% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.08 | +0.051% | $81.0M | $32.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.98 | −0.019% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.00 | −0.002% | $330K | $504K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.11 | +0.071% | $61.9M | $64.9M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.98 | −0.018% | $50K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.14 | +0.090% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.02 | +0.009% | $10.3M | $8.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.96 | −0.032% | $30.3M | $18.1M | 75x | as long as short |
| BingX AAVE-USDTshort | +0.0100% | 8h | 144.99 | −0.011% | — | $44.3M | — | |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.07 | +0.044% | $346K | $685K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.98 | −0.021% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.27 | +0.181% | $100K | $312K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 145.67 | +0.455% | $461K | $4.1M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.02 | +0.009% | $127K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.89 | −0.078% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.31 | +0.208% | $738K | $4.8M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.08 | +0.051% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.98 | −0.021% | $936K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 144.94 | −0.049% | $122K | $146 | 10x | as long as short |
| BloFin AAVE-USDT | +0.0201% | 8h | 144.76 | −0.170% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 145.17 | +0.113% | $781K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0266% / S −0.0438% | 1h | 145.01 | long leg | $125K | — | 100x |
OKX AAVE-USDT-SWAP
Orderly PERP_AAVE_USDC
Gate AAVE_USDT
MEXC AAVE_USDT
Binance AAVEUSDT
ApeX Omni AAVEUSDT
Lighter AAVE
Nado 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
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX