Funding you earn now, next payment 04:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.050%
Price spread now: GMX against Pacifica+0.071%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.155%−$15 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.071%, 7d avg +0.033%
=Together, before fees+0.008%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.038% dearer against Pacifica than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.033%. Mind the row above: over the last 3 days funding on this pair cost −0.155%, 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 | Pacifica AAVE | 141.94 | 0.0100 | pay 0.0013% / 1h | 41m 30s | $323K | $433K | 10x |
| Short | GMX AAVE/USD [AAVE-USDC] | 142.04 | L +0.0252% / S −0.0362% | get 0.0045% / 1h | 41m 30s | $111K | — | 100x |
Pacifica AAVE
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $55.05
- Price spread: +0.071% → +0.033%
- $3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $38.87
- Costs to cover
- 0.200%
- Break-even
- 2.1 days
Slippage unknown: Pacifica: live order book, 17 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 Pacifica live order book, 17 min ago | 3.86 bp | 9.8 bp −$10 | doesn't fit | 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 | −0.0168% | 1h | 141.90 | −0.028% | $10K | $2K | 5x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 141.99 | +0.039% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.96 | +0.014% | $47K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.02 | +0.056% | $220K | $399K | 50x | as long as short |
| SoDEX AAVE-USD | +0.0002% | 1h | 142.02 | +0.056% | $5K | $299K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.05 | +0.080% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.509% | $422 | $51K | 12x | as long as short |
| Nado AAVE-PERP | +0.0043% | 1h | 141.89 | −0.032% | $841K | $447K | 10x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.88 | −0.042% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0046% | 8h | 142.02 | +0.056% | $18K | $10K | 10x | as long as short |
01 Exchange AAVEUSD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Nado AAVE-PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AAVE | +0.0056% | 1h | 142.04 | +0.070% | $4K | $102K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 141.97 | +0.021% | $4.5M | $1.9M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.88 | −0.042% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.05 | +0.077% | $76.6M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.04 | +0.072% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVElong | +0.0100% | 1h | 141.94 | long leg | $323K | $433K | 10x | |
| Binance AAVEUSDT | +0.0100% | 8h | 141.92 | −0.014% | $63.4M | $185.7M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 141.90 | −0.028% | $60.7M | $66.6M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.91 | −0.021% | $17.0M | $63.6M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.01 | +0.049% | $63K | $204K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.12 | +0.127% | $57K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.92 | −0.014% | $8.0M | $15.7M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 141.91 | −0.021% | $25.0M | $23.7M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.92 | −0.014% | $10.5M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.82 | −0.085% | $28.9M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 141.89 | −0.035% | — | $44.0M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.07 | +0.092% | $337K | $715K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.05 | +0.077% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.18 | +0.171% | $102K | $277K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.11 | +0.120% | $449K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.11 | +0.120% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 141.94 | 0.000% | $122K | $384K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.94 | −0.001% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.10 | +0.110% | $684K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.97 | +0.021% | $4.0M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.84 | −0.072% | $895K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.05 | +0.078% | $120K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0136% | 1h | 141.95 | +0.007% | $177K | $241K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.12 | +0.127% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0252% / S −0.0362% | 1h | 142.04 | +0.071% | $111K | — | 100x | |
| Kraken Futures PF_AAVEUSD | +0.0326% | 1h | 142.12 | +0.124% | $3.4M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 142.20 | +0.183% | $783K | $2.8M | 50x | as long as short |
Phoenix AAVE
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
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-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
Coinbase International AAVE-PERP-INTX