AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.01 per $10,000 · paid last 24h −0.035%

Price spread now: RISEx against GMX−0.013%7-day average −0.038% · you buy dearer than you sell

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

Long on GMX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.093%+$9 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now −0.013%, 7d avg −0.038%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.025% dearer against GMX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AAVE/USD [AAVE-USDC]	141.69	L +0.0252% / S −0.0362%	pay 0.0032% / 1h	58m 05s	$111K	—	100x
Short	RISEx AAVE/USDC	141.67	0.0245	get 0.0031% / 1h	58m 05s	$187K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$1.5
Price spread: −0.013% → −0.038%: $2.52
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$16.98
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; RISEx: live order book, 45 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 RISEx live order book, 45 min ago	1.54 bp	4.5 bp −$5	9.2 bp −$92	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	141.66	−0.021%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.62	−0.046%	$51K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.68	−0.004%	$214K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.69	+0.005%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.335%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.56	−0.091%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0054%	1h	141.58	−0.075%	$824K	$396K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0081%	8h	141.66	−0.018%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.11	+0.299%	$5K	$97K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.83	+0.104%	$4.5M	$2.4M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	141.60	−0.064%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.81	+0.088%	$77.5M	$36.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.73	+0.030%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.65	−0.027%	$323K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.64	−0.032%	$63.5M	$188.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.63	−0.039%	$61.2M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.68	−0.004%	$16.9M	$63.8M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.72	+0.024%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.77	+0.056%	$160K	$103K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.67	−0.011%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.69	+0.003%	$24.1M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.65	−0.025%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.60	−0.061%	$28.9M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.66	−0.018%	—	$43.4M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.84	+0.109%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.88	+0.137%	$107K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.92	+0.168%	$443K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.95	+0.187%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.69	+0.003%	$140K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.66	−0.015%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.66	−0.018%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.73	+0.033%	$671K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.70	+0.010%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.60	−0.060%	$901K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.69	+0.006%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	141.67	−0.011%	$10K	$2K	5x	as long as short
Backpack AAVE_USDC_PERP	+0.0135%	1h	141.79	+0.074%	$389K	$728K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.74	+0.038%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDCshort	+0.0245%	1h	141.67	−0.013%	$187K	$276K	10x
GMX AAVE/USD [AAVE-USDC]long	L +0.0252% / S −0.0362%	1h	141.69	long leg	$111K	—	100x
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	142.29	+0.426%	$755K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0270%	1h	141.75	+0.043%	$3.4M	$2.1M	50x	as long as short