AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.062%

Price spread now: GMX against Pacifica−0.136%7-day average +0.029% · you buy dearer than you sell

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

Long on Pacifica Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.148%−$15 on $10k

Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.136%, 7d avg +0.029%

Together, before fees+0.139%+ Points / potential airdropPacifica: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.165% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.029%). If the spread goes back, that is −$16 on $10k: about 2.1 days of funding at the current rate (+$8 a day). Mind the row above: over the last 3 days funding on this pair cost −0.148%, 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	Pacifica AAVE	142.81	0.0100	pay 0.0013% / 1h	43m 03s	$327K	$447K	10x
Short	GMX AAVE/USD [AAVE-USDC]	142.62	L +0.0252% / S −0.0362%	get 0.0045% / 1h	43m 03s	$112K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 PacificabpFee GMXbpOrdersPrice spread, now −0.136%Rate

Funding earned: $55.05
Price spread: −0.136% → +0.029%: −$16.48
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $18.57
Costs to cover: 0.200%
Break-even: 4.6 days

Slippage unknown: Pacifica: live order book, 5 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 Pacifica live order book, 5 min ago	3.48 bp	9.0 bp −$9	doesn't fit	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
Nado AAVE-PERP	−0.0031%	1h	142.65	−0.113%	$831K	$402K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0031%	1h	142.55	−0.183%	$218K	$393K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.89	+0.055%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.64	−0.120%	$55K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.64	−0.120%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.098%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.63	−0.125%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0064%	8h	142.55	−0.183%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0075%	8h	142.56	−0.176%	$4.0M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0088%	1h	142.81	−0.001%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.74	−0.048%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.69	−0.085%	$78.0M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.54	−0.193%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVElong	+0.0100%	1h	142.81	long leg	$327K	$447K	10x
Binance AAVEUSDT	+0.0100%	8h	142.46	−0.244%	$63.6M	$189.2M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.50	−0.218%	$61.1M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.49	−0.225%	$17.1M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.86	+0.034%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.94	+0.088%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.52	−0.204%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.52	−0.204%	$25.5M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.60	−0.148%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.50	−0.218%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.51	−0.211%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.88	+0.048%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.12	+0.214%	$105K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.99	+0.125%	$448K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.01	+0.139%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.76	−0.036%	$134K	$453K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.58	−0.162%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.55	−0.183%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.82	+0.008%	$682K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.50	−0.219%	$903K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.60	−0.145%	$120K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0110%	1h	142.61	−0.141%	$335K	$727K	10x	as long as short
Phoenix AAVE	+0.0118%	1h	143.00	+0.132%	$4K	$106K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.81	−0.002%	$186K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.58	−0.162%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0238%	1h	142.62	−0.132%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0362%	1h	142.62	−0.136%	$112K	—	100x
Lighter AAVE	+0.0368%	1h	142.77	−0.028%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	142.68	−0.092%	$788K	$2.8M	50x	as long as short