Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.028%
Price spread now: gTrade (Gains Network) against Phemex−0.127%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.127% cheaper against Phemex than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAVEUSDT | 143.63 | 0.0092 | pay 0.0092% / 8h | 2h 17m | $4.0M | $3.6M | 50x |
| Short | gTrade (Gains Network) AAVE/USD | 143.45 | L +0.0005% / S −0.0004% | get 0.0000% / 1h | 17m 20s | $80K | — | 150x |
Phemex AAVEUSDT
gTrade (Gains Network) AAVE/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. 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
- −$18.57
- Price spread: −0.127% → 0.000%
- −$12.67
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$53.24
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 1 min ago; gTrade (Gains Network): 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 Phemex live order book, 1 min ago | 6.27 bp | 22.3 bp −$22 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX AAVE-USD | 0.0000% | 1h | 143.59 | −0.030% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.49 | −0.097% | $47K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 143.47 | −0.111% | $218K | $394K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USDshort | L +0.0005% / S −0.0004% | 1h | 143.45 | −0.127% | $80K | — | 150x | |
| Nado AAVE-PERP | +0.0021% | 1h | 143.47 | −0.108% | $839K | $400K | 10x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.644% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.44 | −0.134% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0071% | 8h | 143.47 | −0.111% | $18K | $10K | 10x | as long as short |
| Phemex AAVEUSDTlong | +0.0092% | 8h | 143.63 | long leg | $4.0M | $3.6M | 50x | |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.58 | −0.036% | $13K | $4K | 20x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
Nado AAVE-PERP
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Paradex AAVE-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AAVEUSDT | +0.0100% | 8h | 143.49 | −0.094% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.60 | −0.021% | $328K | $448K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 143.44 | −0.132% | $64.5M | $191.4M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.44 | −0.132% | $61.6M | $68.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.42 | −0.146% | $17.2M | $65.0M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.70 | +0.049% | $64K | $198K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.28 | −0.940% | $57K | −$0 | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.49 | −0.097% | $8.0M | $16.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.49 | −0.097% | $25.2M | $24.2M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.53 | −0.070% | $10.3M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.51 | −0.084% | $29.4M | $18.4M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 143.46 | −0.118% | — | $43.6M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.69 | −0.654% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.78 | −0.591% | $106K | $282K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.47 | −0.112% | $457K | $3.9M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.44 | −0.132% | $133K | $222K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.56 | −0.049% | $142K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.65 | +0.012% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 143.65 | +0.014% | $5K | $313K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.66 | +0.023% | $682K | $5.2M | 75x | as long as short |
| Hyperliquid AAVE | +0.0102% | 1h | 143.66 | +0.021% | $78.4M | $37.2M | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.51 | −0.082% | $910K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 143.48 | −0.105% | $121K | $146 | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0112% | 1h | 143.57 | −0.042% | $10K | $2K | 5x | as long as short |
| Phoenix AAVE | +0.0118% | 1h | 143.58 | −0.035% | $4K | $106K | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0159% | 1h | 143.69 | +0.042% | $341K | $730K | 10x | as long as short |
| RISEx AAVE/USDC | +0.0207% | 1h | 143.60 | −0.021% | $193K | $256K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 143.51 | −0.084% | $3.3M | $3.6M | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0236% | 1h | 143.72 | +0.062% | $3.4M | $2.1M | 50x | as long as short |
| Lighter AAVE | +0.0240% | 1h | 143.77 | +0.095% | $4.5M | $2.4M | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 143.43 | −0.140% | $112K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0376% | 1h | 143.58 | −0.035% | $767K | $2.9M | 50x | as long as short |
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Hyperliquid AAVE
Extended AAVE-USD
Aevo AAVE-PERP
01 Exchange AAVEUSD
Phoenix AAVE
Backpack AAVE_USDC_PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
Lighter AAVE
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX