Funding you earn now, next payment 07:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.069%
Price spread now: GMX against RISEx−0.046%46s7-day average +0.038% · 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)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.046%, 7d avg +0.038%
=Funding pays, the price is against you. GMX is 0.085% cheaper against RISEx than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.038%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour. The two prices were read 46 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 | RISEx AAVE/USDC | 142.05 | 0.0256 | pay 0.0032% / 1h | 34m 31s | $192K | $263K | 10x |
| Short | GMX AAVE/USD [AAVE-USDC] | 141.98 | L +0.0252% / S −0.0362% | get 0.0045% / 1h | 34m 31s | $111K | — | 100x |
RISEx AAVE/USDC
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against RISEx. 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
- $22.33
- Price spread: −0.046% → +0.038%
- −$8.49
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$4.16
- Costs to cover
- 0.180%
- Break-even
- 8.3 days
Slippage unknown: RISEx: live order book, 9 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 RISEx live order book, 9 min ago | 1.54 bp | 4.5 bp −$5 | 8.3 bp −$83 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX AAVE-USD | 0.0000% | 1h | 142.03 | −0.015% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.99 | −0.040% | $51K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 141.95 | −0.069% | $216K | $396K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.06 | +0.005% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.582% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.93 | −0.081% | — | — | 20x | as long as short |
| Nado AAVE-PERP | +0.0070% | 1h | 141.95 | −0.065% | $821K | $401K | 10x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0078% | 8h | 141.96 | −0.062% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 142.23 | +0.128% | $4K | $108K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 142.11 | +0.045% | $4.5M | $2.4M | 10x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Nado AAVE-PERP
Orderly PERP_AAVE_USDC
Phoenix AAVE
Lighter AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.95 | −0.067% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.04 | −0.004% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.03 | −0.015% | $324K | $450K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 141.98 | −0.046% | $63.9M | $191.8M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 141.94 | −0.076% | $61.1M | $68.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.94 | −0.076% | $16.9M | $65.3M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.09 | +0.030% | $63K | $197K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.99 | −0.040% | $8.0M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.00 | −0.033% | $24.6M | $24.0M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.02 | −0.019% | $10.2M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.97 | −0.055% | $29.0M | $18.4M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 141.97 | −0.055% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.11 | +0.044% | $374K | $742K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.03 | −0.012% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.20 | +0.104% | $107K | $283K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.27 | +0.158% | $447K | $3.9M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.28 | +0.164% | $132K | $222K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.05 | +0.002% | $141K | $472K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.94 | −0.076% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 141.96 | −0.062% | $5K | $312K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.10 | +0.034% | $674K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.00 | −0.033% | $4.0M | $3.6M | 50x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.36 | +0.217% | $57K | −$0 | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.92 | −0.089% | $905K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.96 | −0.061% | $120K | $146 | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0120% | 1h | 142.04 | −0.005% | $10K | $2K | 5x | as long as short |
| Hyperliquid AAVE | +0.0151% | 1h | 142.17 | +0.086% | $77.7M | $37.1M | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.98 | −0.048% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0252% / S −0.0362% | 1h | 141.98 | −0.046% | $111K | — | 100x | |
| RISEx AAVE/USDClong | +0.0256% | 1h | 142.05 | long leg | $192K | $263K | 10x | |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 142.00 | −0.033% | $753K | $2.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0317% | 1h | 142.06 | +0.009% | $3.4M | $2.1M | 50x | as long as short |
Paradex AAVE-USD-PERP
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
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
Phemex AAVEUSDT
Bulk AAVE-USD
Extended AAVE-USD
Aevo AAVE-PERP
01 Exchange AAVEUSD
Hyperliquid AAVE
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX
Kraken Futures PF_AAVEUSD