Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 133.12 | L +0.0325S −0.0156 | pay 0.0041% / 1h | 8m 17s | $148K | $29K | 50x | Long GMX5% off | |
| SHORT | 132.93 | +0.0033 | get 0.0033% / 8h | 8m 17s | $2.9M | $1.8M | 50x | Short Variational Omni+15% pts |
Price gap−0.138%
Funding gap−0.0292% /8h
Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.101% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$65−0.0292% /8h now · paid −0.653% over the last 7D
Price−$10spread −0.138% now, avg −0.037% → −0.101% if it goes back
Costsno datano order book for GMX
Result, before costs−$75−0.75%+ Points / potential airdropVariational Omni: points · farm boardcosts unknown: no order book for GMX ·
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.138%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAAVE on 44 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for GMX: its slippage is not counted.
- Note: Margin at max leverage$200 + $200GMX 50x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$8.77Long GMX: 24 payments, −$9.76; short Variational Omni: 3 payments, +$0.99.
- Watch: Gap narrower than usual−0.138% vs −0.037%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$148K vs $2.9M OIGMX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legGMX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0311%/8h × 21 periods−$65.26
Price spread−0.138% → −0.037% (7d avg)−$10.10
Slippage, 4 ordersno data for GMX—
Fee GMX bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$87.36
Costs to cover0.120%Break-evennever at this rate
Slippage: GMX: no order-book sample; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGMX—————
SELL · SHORTVariational Omni3.127.4 bp−$711.5 bp−$115doesn’t fitdoesn’t fit
Closing costs about the same again.
GMX: no data.
AAVE news
posts that mention AAVE, from every exchange| 10-23 14:30 | Lighter RH | Listing | new market AAVE ($AAVE) seen by our collector |
| 10-15 08:55 | Reya | Listing | new market AAVERUSDPERP ($AAVE) seen by our collector |
| 09-29 08:55 | ApeX Omni | Other | 50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗ |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-19 12:00 | KuCoin | Other | Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗ |


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