Funding you earn now, next payment 01:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.039%
Price spread now: Variational Omni against GMX+0.213%7-day average −0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.077%+$8 on $10k
+Price spread, last 3 days (all we have)−0.398%−$40 · spread now +0.213%, 7d avg −0.071%
=Together, before fees−0.320%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.284% dearer against GMX than usual: you sell high and buy low (spread +0.213% now, against its 7-day average of −0.071%): +$28 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.1 days. Mind the row above: over the last 3 days funding on this pair paid +0.077%, 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] | 146.13 | L +0.0233% / S −0.0363% | pay 0.0029% / 1h | 18m 42s | $128K | — | 100x |
| Short | Variational Omni AAVE | 146.44 | 0.0100 | get 0.0100% / 8h | 7h 18m | $3.8M | $1.3M | — |
GMX AAVE/USD [AAVE-USDC]
Variational Omni AAVEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$27.96
- Price spread: +0.213% → −0.071%
- $28.37
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.59
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, just now. 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 Variational Omni RFQ quote, just now | 3.08 bp | doesn't fit | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AAVEUSD | −0.0185% | 1h | 146.01 | −0.081% | $3.5M | $2.0M | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0160% | 1h | 146.18 | +0.035% | $11K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0094% | 1h | 145.90 | −0.157% | $5K | $305K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0092% | 1h | 146.05 | −0.054% | $255K | $369K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.77 | −0.245% | $104K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 146.12 | −0.006% | $77K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 146.58 | +0.308% | $5K | $102K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.13 | +0.001% | $71K | — | 150x | as long as short |
| Gate AAVE_USDT | +0.0009% | 8h | 145.79 | −0.232% | $7.9M | $15.3M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0021% | 8h | 145.75 | −0.260% | $28.9M | $25.8M | 200x | as long as short |
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
gTrade (Gains Network) AAVE/USD
Gate AAVE_USDT
MEXC AAVE_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0021% | 8h | 145.74 | −0.266% | $66.0M | $183.5M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0033% | 8h | 145.92 | −0.143% | $4.2M | $3.8M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.275% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.05 | −0.056% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0045% | 8h | 146.02 | −0.075% | $18K | $10K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0063% | 8h | 145.79 | −0.232% | $17.9M | $66.2M | 50x | as long as short |
| Bybit AAVEUSDT | +0.0068% | 8h | 145.80 | −0.225% | $62.4M | $65.0M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0074% | 1h | 146.56 | +0.295% | $136K | $231K | 50x | as long as short |
| BloFin AAVE-USDT | +0.0085% | 8h | 146.04 | −0.061% | $3.5M | $3.5M | 100x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.10 | −0.018% | $123K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.99 | −0.096% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.71 | −0.285% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 146.14 | +0.006% | $799K | $423K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.90 | −0.157% | $79.5M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.85 | −0.189% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.82 | −0.215% | $333K | $503K | 10x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.78 | −0.239% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.36 | +0.155% | $61K | −$0 | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.85 | −0.191% | $10.3M | $8.9M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.70 | −0.294% | $30.2M | $17.9M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 145.72 | −0.280% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.93 | −0.136% | $333K | $735K | 10x | as long as short |
| Variational Omni AAVEshort | +0.0100% | 8h | 146.44 | +0.213% | $3.8M | $1.3M | — | |
| edgeX AAVEUSDC | +0.0100% | 4h | 146.46 | +0.229% | $106K | $317K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 146.48 | +0.240% | $464K | $3.7M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.13 | +0.001% | $127K | $416K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 146.06 | −0.051% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.46 | +0.223% | $711K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.76 | −0.250% | $939K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 146.21 | +0.052% | $185K | $246K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0233% / S −0.0363% | 1h | 146.13 | long leg | $128K | — | 100x | |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.41 | +0.192% | $785K | $2.9M | 50x | as long as short |
Binance AAVEUSDT
Phemex AAVEUSDT
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Bybit AAVEUSDT
ApeX Omni AAVEUSDT
BloFin AAVE-USDT
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX