Funding you earn now, next payment 09:00 UTC−0.0152%/8h= −16.6% APRnext payment −$0.19 per $10,000 · paid last 24h −0.044%
Price spread now: Nado against GMX−0.047%7-day average −0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)−0.448%−$45 · spread now −0.047%, 7d avg −0.073%
=Together, before fees−0.327%+ Points / potential airdropNado: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.025% dearer against GMX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.073%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 4 days funding on this pair paid +0.121%, 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] | 141.44 | L +0.0252% / S −0.0360% | pay 0.0031% / 1h | 41m 54s | $110K | — | 100x |
| Short | Nado AAVE-PERP | 141.37 | 0.0100 | get 0.0012% / 1h | 41m 54s | $827K | $400K | 10x |
GMX AAVE/USD [AAVE-USDC]
Nado AAVE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against GMX. 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
- −$31.91
- Price spread: −0.047% → −0.073%
- $2.54
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$48.37
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Nado: live order book, 56 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 Nado live order book, 56 min ago | 1.06 bp | 7.0 bp −$7 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0033% | 1h | 141.39 | −0.035% | $213K | $392K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 141.48 | +0.026% | $102K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.44 | 0.000% | $52K | $1.4M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.42 | −0.012% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.167% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.42 | −0.014% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0087% | 8h | 141.37 | −0.049% | $17K | $8K | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0096% | 1h | 141.52 | +0.057% | $10K | $2K | 5x | as long as short |
| Phoenix AAVE | +0.0096% | 1h | 141.66 | +0.156% | $4K | $99K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.34 | −0.070% | $13K | $4K | 20x | as long as short |
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
01 Exchange AAVEUSD
Phoenix AAVE
Paradex AAVE-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AAVE-PERPshort | +0.0100% | 1h | 141.37 | −0.047% | $827K | $400K | 10x | |
| Hyperliquid AAVE | +0.0100% | 1h | 141.44 | 0.000% | $77.2M | $37.1M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.40 | −0.028% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 141.41 | −0.023% | $329K | $391K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 141.31 | −0.089% | $63.5M | $191.9M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 141.28 | −0.113% | $60.9M | $69.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.28 | −0.113% | $16.6M | $64.9M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 141.57 | +0.092% | $94K | $224K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.50 | +0.040% | $163K | $106K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.34 | −0.070% | $8.1M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 141.32 | −0.084% | $22.8M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.35 | −0.063% | $10.2M | $9.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.27 | −0.120% | $28.7M | $18.0M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 141.32 | −0.084% | — | $6.5M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 141.51 | +0.051% | $3.7M | $1.2M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.51 | +0.049% | $109K | $284K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.58 | +0.099% | $452K | $3.5M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 141.60 | +0.114% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 141.52 | +0.057% | $134K | $474K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.45 | +0.010% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 141.37 | −0.049% | $5K | $299K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 141.55 | +0.081% | $666K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.41 | −0.021% | $3.9M | $3.6M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.27 | −0.121% | $909K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.41 | −0.017% | $119K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0184% | 1h | 141.53 | +0.067% | $4.5M | $2.5M | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0193% | 1h | 141.44 | 0.000% | $385K | $732K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0216% | 1h | 141.83 | +0.276% | $755K | $2.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.37 | −0.049% | $3.2M | $3.5M | 100x | as long as short |
| RISEx AAVE/USDC | +0.0223% | 1h | 141.51 | +0.050% | $172K | $298K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0249% | 1h | 141.46 | +0.013% | $3.4M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]long | L +0.0252% / S −0.0360% | 1h | 141.44 | long leg | $110K | — | 100x |
Hyperliquid AAVE
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-USDC
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
Extended AAVE-USD
Aevo AAVE-PERP
Lighter AAVE
Backpack AAVE_USDC_PERP
Coinbase International AAVE-PERP-INTX
BloFin AAVE-USDT
RISEx AAVE/USDC
Kraken Futures PF_AAVEUSD