Funding you earn now, next payment 22:00 UTC−0.0453%/8h= −49.6% APRnext payment −$0.57 per $10,000 · paid last 24h −0.050%
Price spread now: SoDEX against GMX−0.065%7-day average −0.061% · 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)+0.069%+$7 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now −0.065%, 7d avg −0.061%
=The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.069% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AAVE/USD [AAVE-USDC] | 144.74 | L +0.0266% / S −0.0438% | pay 0.0033% / 1h | 25m 11s | $125K | — | 100x |
| Short | SoDEX AAVE-USD | 144.65 | −0.0187 | pay 0.0023% / 1h | 25m 11s | $5K | $299K | 10x |
GMX AAVE/USD [AAVE-USDC]
SoDEX AAVE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$95.13
- Price spread: −0.065% → −0.061%
- −$0.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$115.59
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 63 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 SoDEX live order book, 63 min ago | 0.34 bp | 5.7 bp −$6 | 10.0 bp −$100 | 96.6 bp −$9,661 | 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 | −0.0510% | 1h | 144.68 | −0.044% | $249K | $483K | 50x | as long as short |
| SoDEX AAVE-USDshort | −0.0187% | 1h | 144.65 | −0.065% | $5K | $299K | 10x | |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.71 | −0.024% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.80 | +0.039% | $5K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 144.85 | +0.071% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 144.59 | −0.106% | $71K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 144.76 | +0.014% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 144.82 | +0.050% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.378% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.67 | −0.050% | — | — | 20x | as long as short |
Deribit AAVE_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni AAVEUSDT | +0.0047% | 1h | 144.75 | +0.004% | $135K | $229K | 50x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0050% | 8h | 144.67 | −0.051% | $17.5M | $66.1M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0052% | 8h | 144.66 | −0.058% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0054% | 8h | 144.68 | −0.044% | $7.7M | $15.8M | 75x | as long as short |
| Binance AAVEUSDT | +0.0059% | 8h | 144.64 | −0.072% | $65.9M | $184.1M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0060% | 8h | 144.64 | −0.072% | $31.5M | $26.3M | 200x | as long as short |
| Nado AAVE-PERP | +0.0086% | 1h | 144.77 | +0.016% | $803K | $436K | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0092% | 8h | 144.76 | +0.010% | $456K | $3.9M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 144.87 | +0.088% | $4.7M | $1.6M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 144.70 | −0.029% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 144.74 | −0.002% | $180K | $241K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.72 | −0.019% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.83 | +0.059% | $80.5M | $33.1M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.74 | −0.002% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.71 | −0.026% | $330K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.70 | −0.030% | $61.6M | $65.4M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.70 | −0.030% | $50K | $273K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.30 | −0.309% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.71 | −0.024% | $10.3M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.67 | −0.051% | $30.2M | $18.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 144.67 | −0.051% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 144.96 | +0.149% | $378K | $702K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.87 | +0.087% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.67 | −0.050% | $101K | $312K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.78 | +0.025% | $127K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.64 | −0.071% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.81 | +0.045% | $721K | $4.9M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.68 | −0.044% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.65 | −0.065% | $933K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0179% | 8h | 144.65 | −0.065% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 144.36 | −0.265% | $777K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0266% / S −0.0438% | 1h | 144.74 | long leg | $125K | — | 100x |
ApeX Omni AAVEUSDT
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