AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.029%

Price spread now: Aevo against GMX+0.005%7-day average −0.033% · you sell dearer than you buy

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

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.133%+$13 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.005%, 7d avg −0.033%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aevo is 0.038% dearer against GMX than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.033%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 3 days funding on this pair paid +0.133%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AAVE/USD [AAVE-USDC]	142.97	L +0.0252% / S −0.0362%	pay 0.0032% / 1h	26m 37s	$112K	—	100x
Short	Aevo AAVE-PERP	142.98	0.0104	get 0.0013% / 1h	26m 37s	$121K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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 GMXbpFee AevobpOrdersPrice spread, now +0.005%Rate

Funding earned: −$31.16
Price spread: +0.005% → −0.033%: $3.83
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$55.33
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aevo: live order book, 27 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Aevo live order book, 27 min ago	22.56 bp	44.7 bp −$45	doesn't fit	doesn't fit	doesn't fit

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	143.00	+0.017%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.14	+0.117%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.94	−0.023%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.98	+0.004%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.205%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.58	+0.425%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0038%	1h	142.95	−0.012%	$835K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.93	−0.031%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	142.94	−0.023%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0064%	8h	142.95	−0.016%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0088%	1h	142.99	+0.012%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.95	−0.015%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.04	+0.045%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.00	+0.016%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.94	−0.023%	$63.8M	$188.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.94	−0.023%	$61.5M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.94	−0.023%	$17.0M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.05	+0.054%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.04	+0.047%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.95	−0.016%	$25.5M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.01	+0.026%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.87	−0.072%	$29.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.94	−0.023%	—	$43.6M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.07	+0.068%	$336K	$720K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.481%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.36	+0.270%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.34	+0.256%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.53	+0.390%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.04	+0.047%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.93	−0.028%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.96	−0.009%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.00	+0.022%	$686K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	+0.236%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.90	−0.052%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERPshort	+0.0104%	1h	142.98	+0.005%	$121K	$146	10x
Lighter AAVE	+0.0120%	1h	143.22	+0.174%	$4.5M	$2.3M	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.01	+0.024%	$185K	$252K	10x	as long as short
Hyperliquid AAVE	+0.0202%	1h	143.17	+0.137%	$78.4M	$37.0M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.94	−0.023%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	143.06	+0.060%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]long	L +0.0252% / S −0.0362%	1h	142.97	long leg	$112K	—	100x
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.495%	$788K	$2.8M	50x	as long as short