AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0338%/8h= +37.0% APRnext payment +$0.42 per $10,000 · paid last 24h +0.010%

Price spread now: GMX against Nado+0.093%7-day average +0.082% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.172%−$17 on $10k

Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.093%, 7d avg +0.082%

Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AAVE-PERP	146.18	0.0100	pay 0.0012% / 1h	54m 17s	$809K	$438K	10x
Short	GMX AAVE/USD [AAVE-USDC]	146.31	L +0.0267% / S −0.0438%	get 0.0055% / 1h	54m 17s	$126K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee GMXbpOrdersPrice spread, now +0.093%Rate

Funding earned: $70.89
Price spread: +0.093% → +0.082%: $1.05
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $52.94
Costs to cover: 0.190%
Break-even: 1.8 days

Slippage unknown: Nado: live order book, 24 min ago; GMX: no order-book sample. 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 Nado live order book, 24 min ago	1.38 bp	7.4 bp −$7	19.8 bp −$198	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Phoenix AAVE	−0.0045%	1h	146.30	+0.086%	$5K	$99K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0023%	1h	146.38	+0.140%	$256K	$412K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.27	+0.065%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.28	+0.072%	$83K	$1.5M	3.4x	as long as short
SoDEX AAVE-USD	+0.0001%	1h	146.34	+0.113%	$5K	$298K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.49	+0.213%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.41	+0.163%	$71K	—	150x	as long as short
01 Exchange AAVEUSD	+0.0008%	1h	146.30	+0.086%	$11K	$2K	5x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.304%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0042%	8h	146.33	+0.106%	$30.6M	$25.5M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0043%	8h	146.36	+0.124%	$66.7M	$185.1M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.21	+0.021%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	146.35	+0.120%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0069%	8h	146.30	+0.086%	$17.9M	$67.6M	50x	as long as short
Gate AAVE_USDT	+0.0074%	8h	146.31	+0.092%	$7.9M	$15.8M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.38	+0.140%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.57	+0.267%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.24	+0.043%	$14K	$4K	20x	as long as short
Nado AAVE-PERPlong	+0.0100%	1h	146.18	long leg	$809K	$438K	10x
Aster AAVEUSDT	+0.0100%	8h	146.32	+0.103%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.29	+0.079%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.33	+0.106%	$62.4M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.26	+0.058%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.263%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.36	+0.127%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.36	+0.127%	$30.6M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.34	+0.113%	—	$44.0M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	146.32	+0.096%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.12	−0.037%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.17	−0.004%	$463K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.22	+0.031%	$136K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.29	+0.079%	$128K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.23	+0.038%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.44	+0.179%	$701K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.32	+0.099%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.33	+0.105%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.31	+0.090%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0162%	8h	146.37	+0.133%	$3.5M	$4.0M	100x	as long as short
Hyperliquid AAVE	+0.0222%	1h	146.43	+0.174%	$80.8M	$34.2M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0267% / S −0.0438%	1h	146.31	+0.093%	$126K	—	100x
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.43	+0.174%	$795K	$3.0M	50x	as long as short
Backpack AAVE_USDC_PERP	+0.0337%	1h	146.44	+0.181%	$354K	$733K	10x	as long as short