AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h +0.069%

Price spread now: GMX against RISEx−0.037%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 RISEx Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.037%, 7d avg +0.038%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.076% cheaper against RISEx than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.038%). If the spread goes back, that is −$8 on $10k: about 2.4 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.107%, 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	RISEx AAVE/USDC	142.37	0.0256	pay 0.0032% / 1h	14m 47s	$193K	$268K	10x
Short	GMX AAVE/USD [AAVE-USDC]	142.31	L +0.0252% / S −0.0362%	get 0.0045% / 1h	14m 47s	$111K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against RISEx. 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 RISExbpFee GMXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $22.33
Price spread: −0.037% → +0.038%: −$7.58
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: −$3.25
Costs to cover: 0.180%
Break-even: 8.0 days

Slippage unknown: RISEx: live order book, 28 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 RISEx live order book, 28 min ago	1.54 bp	4.5 bp −$5	8.3 bp −$83	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
dYdX AAVE-USD	0.0000%	1h	142.43	+0.045%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.35	−0.012%	$51K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.35	−0.012%	$215K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.32	−0.034%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.798%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.29	−0.054%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0068%	1h	142.35	−0.012%	$829K	$396K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0080%	8h	142.30	−0.047%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.55	+0.128%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.52	+0.105%	$4.5M	$2.5M	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	142.29	−0.053%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.40	+0.023%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.39	+0.014%	$325K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.34	−0.022%	$64.0M	$188.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.34	−0.019%	$61.5M	$67.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.35	−0.012%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.43	+0.044%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.59	+0.158%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.34	−0.019%	$8.0M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.34	−0.019%	$24.5M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.36	−0.005%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.34	−0.019%	$29.1M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.35	−0.012%	—	$43.4M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.34	−0.019%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.48	+0.078%	$107K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.68	+0.220%	$453K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.51	+0.100%	$132K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.39	+0.016%	$141K	$472K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.29	−0.052%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.35	−0.012%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+0.065%	$674K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.36	−0.005%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.29	−0.052%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.35	−0.014%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.38	+0.009%	$10K	$2K	5x	as long as short
Backpack AAVE_USDC_PERP	+0.0155%	1h	142.49	+0.086%	$393K	$727K	10x	as long as short
Hyperliquid AAVE	+0.0194%	1h	142.54	+0.121%	$77.9M	$37.0M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.30	−0.047%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0362%	1h	142.31	−0.037%	$111K	—	100x
RISEx AAVE/USDClong	+0.0256%	1h	142.37	long leg	$193K	$268K	10x
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.81	+0.311%	$757K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.46	+0.063%	$3.4M	$2.1M	50x	as long as short