Funding you earn now, next payment 22:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h +0.011%
Price spread now: Pacifica against GMX−0.203%7-day average −0.038% · 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)+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)−0.280%−$28 · spread now −0.203%, 7d avg −0.038%
=Together, before fees−0.129%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.165% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.150%, 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] | 145.66 | L +0.0274% / S −0.0485% | pay 0.0034% / 1h | 57m 48s | $135K | — | 100x |
| Short | Pacifica AAVE | 145.36 | 0.0100 | get 0.0013% / 1h | 57m 48s | $331K | $504K | 10x |
GMX AAVE/USD [AAVE-USDC]
Pacifica AAVEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$36.6
- Price spread: −0.203% → −0.038%
- −$16.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$73.1
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 30 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 Pacifica live order book, 30 min ago | 3.72 bp | 7.9 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.4696% | 1h | 144.85 | −0.556% | $231K | $462K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0298% | 1h | 145.42 | −0.164% | $5K | $308K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 145.69 | +0.021% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0039% | 1h | 145.99 | +0.227% | $4K | $95K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.36 | −0.207% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.56 | −0.068% | $69K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.69 | +0.018% | $71K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 145.58 | −0.057% | $3.5M | $2.0M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.972% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.59 | −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 | +0.0055% | 8h | 145.23 | −0.295% | $17.8M | $65.4M | 50x | as long as short |
| ApeX Omni AAVEUSDT | +0.0059% | 1h | 146.32 | +0.454% | $136K | $229K | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0061% | 8h | 145.55 | −0.075% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0083% | 8h | 145.34 | −0.219% | $7.8M | $15.4M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0086% | 8h | 145.24 | −0.288% | $32.6M | $25.9M | 200x | as long as short |
| Binance AAVEUSDT | +0.0086% | 8h | 145.26 | −0.277% | $66.0M | $180.8M | 75x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.55 | −0.074% | $4.7M | $1.6M | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 145.68 | +0.016% | $181K | $242K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.26 | −0.271% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.58 | −0.054% | $817K | $441K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.48 | −0.123% | $81.4M | $32.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.33 | −0.229% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVEshort | +0.0100% | 1h | 145.36 | −0.203% | $331K | $504K | 10x | |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.28 | −0.260% | $62.1M | $64.8M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.61 | −0.034% | $51K | $299K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.24 | +0.402% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.35 | −0.212% | $10.1M | $8.4M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.30 | −0.247% | $29.7M | $17.7M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 145.39 | −0.185% | — | $44.3M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.44 | −0.151% | $345K | $684K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 146.44 | +0.534% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 146.30 | +0.439% | $101K | $312K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 146.29 | +0.433% | $463K | $4.1M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.76 | +0.069% | $128K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.54 | −0.085% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.73 | +0.047% | $743K | $4.8M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.47 | −0.130% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.30 | −0.248% | $941K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 145.58 | −0.055% | $123K | $146 | 10x | as long as short |
| BloFin AAVE-USDT | +0.0208% | 8h | 145.63 | −0.020% | $3.6M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 145.72 | +0.042% | $782K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0274% / S −0.0485% | 1h | 145.66 | long leg | $135K | — | 100x |
OKX AAVE-USDT-SWAP
ApeX Omni AAVEUSDT
Orderly PERP_AAVE_USDC
Gate AAVE_USDT
MEXC AAVE_USDT
Binance AAVEUSDT
Lighter AAVE
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
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