AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.024%

Price spread now: GMX against Hyperliquid−0.065%7-day average −0.049% · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.185%−$19 on $10k

Price spread, last 4 days (all we have)+0.225%+$23 · spread now −0.065%, 7d avg −0.049%

Together, before fees+0.040%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.185%, 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	Hyperliquid AAVE	142.18	0.0100	pay 0.0013% / 1h	44m 53s	$76.7M	$35.3M	10x
Short	GMX AAVE/USD [AAVE-USDC]	142.09	L +0.0252% / S −0.0362%	get 0.0045% / 1h	44m 53s	$111K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.065%Rate

Funding earned: $55.05
Price spread: −0.065% → −0.049%: −$1.62
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $32.43
Costs to cover: 0.210%
Break-even: 2.9 days

Slippage unknown: Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago	0.35 bp	5.8 bp −$6	10.9 bp −$109	doesn't fit	doesn't fit
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
01 Exchange AAVEUSD	−0.0176%	1h	142.10	−0.056%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0037%	1h	142.01	−0.120%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.14	−0.025%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.10	−0.056%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.05	−0.091%	$220K	$399K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.10	−0.057%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.671%	$422	$51K	12x	as long as short
Nado AAVE-PERP	+0.0042%	1h	142.00	−0.127%	$841K	$447K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.09	−0.067%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	142.07	−0.077%	$18K	$10K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0056%	1h	142.04	−0.098%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.13	−0.033%	$4.5M	$1.9M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.08	−0.067%	$13K	$4K	20x	as long as short
Hyperliquid AAVElong	+0.0100%	1h	142.18	long leg	$76.7M	$35.3M	10x
Aster AAVEUSDT	+0.0100%	8h	142.16	−0.014%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.07	−0.075%	$323K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.06	−0.084%	$63.4M	$185.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.04	−0.098%	$60.7M	$66.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.05	−0.091%	$17.0M	$63.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.19	+0.007%	$63K	$204K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.11	−0.049%	$8.0M	$15.6M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.08	−0.070%	$25.1M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.06	−0.084%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.04	−0.098%	$28.9M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.05	−0.091%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.18	0.000%	$337K	$715K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.05	−0.092%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.83	−0.246%	$102K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.90	−0.199%	$448K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.81	−0.260%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.15	−0.021%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.09	−0.063%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.19	+0.009%	$684K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.07	−0.077%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	+0.349%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.06	−0.082%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.01	−0.116%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.18	−0.002%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.04	−0.098%	$3.3M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0362%	1h	142.09	−0.065%	$111K	—	100x
Kraken Futures PF_AAVEUSD	+0.0326%	1h	142.12	−0.045%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.12	−0.042%	$775K	$2.8M	50x	as long as short