AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0166%/8h= −18.2% APRnext payment −$0.21 per $10,000 · paid last 24h +0.006%

Price spread now: Pacifica against GMX−0.026%7-day average −0.035% · you buy dearer than you sell

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

Long on GMX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.148%+$15 on $10k

Price spread, last 3 days (all we have)−0.207%−$21 · spread now −0.026%, 7d avg −0.035%

Together, before fees−0.059%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.148%, 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]	144.35	L +0.0266% / S −0.0438%	pay 0.0033% / 1h	14m 16s	$124K	—	100x
Short	Pacifica AAVE	144.31	0.0100	get 0.0013% / 1h	14m 16s	$329K	$505K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.026%Rate

Funding earned: −$34.9
Price spread: −0.026% → −0.035%: $0.91
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$53.99
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Pacifica: live order book, 9 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 Pacifica live order book, 9 min ago	3.46 bp	7.5 bp −$7	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
Deribit AAVE_USDC-PERPETUAL	−0.0235%	1h	144.32	−0.020%	$253K	$494K	50x	as long as short
SoDEX AAVE-USD	−0.0155%	1h	144.29	−0.041%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0112%	1h	144.29	−0.041%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.27	−0.055%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.28	−0.046%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.23	−0.083%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.35	−0.001%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.45	+0.068%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.119%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.26	−0.059%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0049%	8h	144.29	−0.041%	$31.3M	$26.3M	200x	as long as short
Binance AAVEUSDT	+0.0050%	8h	144.28	−0.048%	$65.7M	$184.8M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	144.30	−0.034%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0054%	8h	144.31	−0.027%	$17.4M	$66.1M	50x	as long as short
Gate AAVE_USDT	+0.0057%	8h	144.30	−0.034%	$7.8M	$15.9M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0061%	1h	144.10	−0.173%	$134K	$230K	50x	as long as short
GRVT AAVE_USDT_Perp	+0.0086%	8h	144.18	−0.114%	$451K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.51	+0.111%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.37	+0.011%	$122K	$146	10x	as long as short
Nado AAVE-PERP	+0.0096%	1h	144.22	−0.089%	$800K	$436K	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.30	−0.037%	$179K	$245K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.25	−0.066%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.39	+0.028%	$80.3M	$33.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.30	−0.036%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	144.31	−0.026%	$329K	$505K	10x
Bybit AAVEUSDT	+0.0100%	8h	144.34	−0.006%	$61.4M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.27	−0.055%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.36	+0.008%	$10.2M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.30	−0.034%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.31	−0.027%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.42	+0.049%	$380K	$707K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.27	−0.056%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.15	−0.135%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.35	+0.001%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.29	−0.043%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.61	+0.179%	$719K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.32	−0.020%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.33	−0.010%	$61K	$3K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.27	−0.052%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0169%	8h	144.30	−0.034%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.51	+0.111%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]long	L +0.0266% / S −0.0438%	1h	144.35	long leg	$124K	—	100x