Funding you earn now, next payment 07:00 UTC+0.0258%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.067%
Price spread now: GMX against Extended+0.279%103s7-day average +0.099% · 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)−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.279%, 7d avg +0.099%
=Together, before fees−0.259%+ Points / potential airdropExtended: Active · farm board−$26 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 0.180% dearer against Extended than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.099%. Mind the row above: over the last 3 days funding on this pair cost −0.149%, so the current rate has only just turned in your favour. The two prices were read 103 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 | Extended AAVE-USD | 142.08 | 0.0104 | pay 0.0013% / 1h | 5m 33s | $905K | $1.7M | 50x |
| Short | GMX AAVE/USD [AAVE-USDC] | 142.48 | L +0.0252% / S −0.0362% | get 0.0045% / 1h | 5m 33s | $111K | — | 100x |
Extended AAVE-USD
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $54.21
- Price spread: +0.279% → +0.099%
- $17.98
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $55.19
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago | 3.17 bp | 7.2 bp −$7 | 20.5 bp −$205 | 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 | 142.31 | +0.161% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.38 | +0.212% | $50K | $1.4M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.31 | +0.162% | $215K | $398K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.33 | +0.178% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.603% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.29 | +0.146% | — | — | 20x | as long as short |
| Nado AAVE-PERP | +0.0071% | 1h | 142.07 | −0.007% | $827K | $396K | 10x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0080% | 8h | 142.30 | +0.155% | $18K | $7K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 142.48 | +0.282% | $4K | $108K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 142.34 | +0.181% | $4.5M | $2.5M | 10x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Nado AAVE-PERP
Orderly PERP_AAVE_USDC
Phoenix AAVE
Lighter AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.14 | +0.042% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.19 | +0.079% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.20 | +0.083% | $325K | $384K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.09 | +0.008% | $63.9M | $188.4M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.08 | 0.000% | $61.4M | $67.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.09 | +0.007% | $17.0M | $64.0M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.20 | +0.085% | $63K | $197K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.35 | +0.190% | $161K | $103K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.18 | +0.071% | $8.0M | $16.0M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.16 | +0.057% | $24.3M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.23 | +0.106% | $10.2M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.10 | +0.014% | $29.0M | $17.8M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 142.26 | +0.127% | — | $6.5M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.26 | +0.127% | $3.7M | $1.2M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.14 | +0.040% | $107K | $283K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.20 | +0.085% | $451K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.13 | +0.036% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.42 | +0.240% | $141K | $470K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.38 | +0.214% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.27 | +0.134% | $5K | $285K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.49 | +0.292% | $674K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.29 | +0.148% | $4.0M | $3.6M | 50x | as long as short |
| Extended AAVE-USDlong | +0.0104% | 1h | 142.08 | long leg | $905K | $1.7M | 50x | |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.28 | +0.144% | $120K | $146 | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0112% | 1h | 142.14 | +0.043% | $10K | $2K | 5x | as long as short |
| Hyperliquid AAVE | +0.0164% | 1h | 142.33 | +0.176% | $77.8M | $36.9M | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0168% | 1h | 142.42 | +0.240% | $391K | $727K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.43 | +0.247% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0252% / S −0.0362% | 1h | 142.48 | +0.279% | $111K | — | 100x | |
| RISEx AAVE/USDC | +0.0256% | 1h | 142.16 | +0.059% | $189K | $270K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 142.29 | +0.148% | $755K | $2.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0317% | 1h | 142.36 | +0.201% | $3.4M | $2.1M | 50x | as long as short |
Paradex AAVE-USD-PERP
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
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Phemex AAVEUSDT
Aevo AAVE-PERP
01 Exchange AAVEUSD
Hyperliquid AAVE
Backpack AAVE_USDC_PERP
BloFin AAVE-USDT
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX
Kraken Futures PF_AAVEUSD