AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0260%/8h= +28.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.072%

Price spread now: GMX against Bulk−0.062%7-day average +0.034% · you buy dearer than you sell

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

Long on Bulk Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.142%−$14 on $10k

Price spread, last 4 days (all we have)+0.168%+$17 · spread now −0.062%, 7d avg +0.034%

Together, before fees+0.026%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.096% cheaper against Bulk than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.034%). If the spread goes back, that is −$10 on $10k: about 30 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 3 days funding on this pair cost −0.142%, 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	Bulk AAVE-USD	141.09	0.0100	pay 0.0013% / 1h	21m 56s	$163K	$106K	10x
Short	GMX AAVE/USD [AAVE-USDC]	141.00	L +0.0252% / S −0.0360%	get 0.0045% / 1h	21m 56s	$110K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Bulk. 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 BulkbpFee GMXbpOrdersPrice spread, now −0.062%Rate

Funding earned: $54.57
Price spread: −0.062% → +0.034%: −$9.61
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $25.96
Costs to cover: 0.190%
Break-even: 3.7 days

Slippage unknown: Bulk: live order book, 47 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 Bulk live order book, 47 min ago	0.35 bp	3.9 bp −$4	7.5 bp −$75	29.0 bp −$2,900	87.9 bp −$43.9K
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	141.09	+0.004%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.06	−0.020%	$45K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.00	−0.063%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.01	−0.054%	$78K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.926%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	140.94	−0.104%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0082%	8h	140.96	−0.091%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.16	+0.053%	$4.5M	$2.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.01	−0.058%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	140.97	−0.088%	$823K	$397K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	141.11	+0.015%	$77.0M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.04	−0.033%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.10	+0.010%	$328K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.01	−0.056%	$63.1M	$191.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	140.99	−0.070%	$60.6M	$69.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.00	−0.063%	$16.6M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.13	+0.029%	$91K	$221K	10x	as long as short
Bulk AAVE-USDlong	+0.0100%	1h	141.09	long leg	$163K	$106K	10x
Gate AAVE_USDT	+0.0100%	8h	141.00	−0.063%	$8.0M	$16.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.00	−0.063%	$22.9M	$24.3M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.00	−0.063%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.97	−0.084%	$28.6M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	140.98	−0.077%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	140.88	−0.149%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	140.91	−0.124%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	140.94	−0.103%	$443K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	140.98	−0.077%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.04	−0.034%	$133K	$483K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	140.99	−0.071%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	140.98	−0.077%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.15	+0.046%	$666K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	140.99	−0.070%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.96	−0.093%	$910K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	141.05	−0.027%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.01	−0.058%	$119K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	141.01	−0.056%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	140.96	−0.091%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	141.05	−0.031%	$188K	$292K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0250%	1h	141.11	+0.015%	$384K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0360%	1h	141.00	−0.062%	$110K	—	100x
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.15	+0.044%	$751K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0272%	1h	141.04	−0.033%	$3.4M	$2.1M	50x	as long as short