Funding you earn now, next payment 09:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.076%
Price spread now: GMX against edgeX+0.002%110s7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.139%−$14 on $10k
+Price spread, last 4 days (all we have)+0.493%+$49 · spread now +0.002%, 7d avg +0.056%
=Together, before fees+0.354%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.054% cheaper against edgeX than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.056%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 4 days funding on this pair cost −0.139%, so the current rate has only just turned in your favour. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX AAVEUSDC | 142.90 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $110K | $284K | 20x |
| Short | GMX AAVE/USD [AAVE-USDC] | 142.91 | L +0.0252% / S −0.0360% | get 0.0045% / 1h | 57m 50s | $111K | — | 100x |
edgeX AAVEUSDC
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against edgeX. 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
- $54.57
- Price spread: +0.002% → +0.056%
- −$5.37
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $28.2
- Costs to cover
- 0.210%
- Break-even
- 3.4 days
Slippage unknown: edgeX: live order book, 35 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 edgeX live order book, 35 min ago | 3.56 bp | 8.2 bp −$8 | 12.4 bp −$124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAVEUSDT | −0.0062% | 8h | 142.41 | −0.346% | $3.9M | $3.6M | 50x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0031% | 1h | 142.46 | −0.311% | $211K | $359K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0026% | 1h | 142.38 | −0.367% | $6K | $285K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 142.48 | −0.295% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.49 | −0.290% | $50K | $1.4M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.88 | −0.017% | $82K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.160% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.52 | −0.270% | — | — | 20x | as long as short |
| 01 Exchange AAVEUSD | +0.0080% | 1h | 142.57 | −0.234% | $10K | $2K | 5x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0093% | 8h | 142.43 | −0.332% | $17K | $6K | 10x | as long as short |
Phemex AAVEUSDT
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
01 Exchange AAVEUSD
Orderly PERP_AAVE_USDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAVE | +0.0096% | 1h | 142.60 | −0.214% | $4.6M | $2.2M | 10x | as long as short |
| Phoenix AAVE | +0.0096% | 1h | 142.93 | +0.018% | $4K | $96K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.43 | −0.333% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 142.46 | −0.308% | $824K | $385K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.57 | −0.234% | $78.0M | $36.8M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.49 | −0.287% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.49 | −0.293% | $347K | $364K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.39 | −0.360% | $63.8M | $186.8M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.37 | −0.374% | $61.3M | $67.0M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.39 | −0.360% | $16.5M | $62.8M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.63 | −0.192% | $98K | $228K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.71 | −0.138% | $165K | $106K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.40 | −0.353% | $8.1M | $13.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.40 | −0.353% | $22.5M | $23.8M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.42 | −0.339% | $10.3M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.38 | −0.367% | $29.0M | $17.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 142.38 | −0.367% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.53 | −0.262% | $388K | $732K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.82 | −0.060% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDClong | +0.0100% | 4h | 142.90 | long leg | $110K | $284K | 20x | |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.98 | +0.053% | $449K | $3.4M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.01 | +0.074% | $133K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.52 | −0.269% | $133K | $466K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.37 | −0.372% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.50 | −0.280% | $668K | $5.3M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.35 | −0.387% | $916K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.46 | −0.309% | $120K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0164% | 1h | 142.57 | −0.237% | $173K | $275K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0175% | 1h | 142.48 | −0.297% | $3.4M | $2.1M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.50 | −0.283% | $3.2M | $3.5M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0232% | 1h | 142.71 | −0.136% | $758K | $2.7M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0252% / S −0.0360% | 1h | 142.91 | +0.002% | $111K | — | 100x |
Lighter AAVE
Phoenix AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
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-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
Kraken Futures PF_AAVEUSD
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX