AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0266%/8h= +29.1% APRnext payment +$0.33 per $10,000 · paid last 24h +0.051%

Price spread now: GMX against Lighter+0.009%7-day average −0.079% · you sell dearer than you buy

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.160%−$16 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.009%, 7d avg −0.079%

Together, before fees−0.046%+ Points / potential airdropLighter: Season 3 · farm board−$5 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 0.088% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.079%. Mind the row above: over the last 3 days funding on this pair cost −0.160%, 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	Lighter AAVE	142.79	0.0096	pay 0.0012% / 1h	19m 26s	$4.5M	$2.0M	10x
Short	GMX AAVE/USD [AAVE-USDC]	142.81	L +0.0252% / S −0.0362%	get 0.0045% / 1h	19m 26s	$112K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $55.89
Price spread: +0.009% → −0.079%: $8.83
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $52.73
Costs to cover: 0.120%
Break-even: 0.4 days

Slippage unknown: Lighter: 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 Lighter live order book, 3 min ago	1.33 bp	4.2 bp −$4	10.6 bp −$106	39.4 bp −$3,941	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	−0.0144%	1h	142.76	−0.024%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.76	−0.025%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.82	+0.018%	$46K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.77	−0.017%	$219K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.81	+0.013%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0011%	1h	142.66	−0.090%	$841K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.086%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.70	−0.066%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	142.75	−0.031%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.95	+0.109%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVElong	+0.0096%	1h	142.79	long leg	$4.5M	$2.0M	10x
Paradex AAVE-USD-PERP	+0.0100%	8h	142.74	−0.039%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.87	+0.053%	$76.9M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.72	−0.051%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.70	−0.069%	$327K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.77	−0.017%	$63.9M	$186.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.77	−0.017%	$61.1M	$67.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.77	−0.017%	$17.1M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.88	+0.060%	$64K	$203K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.060%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.78	−0.010%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.71	−0.059%	$25.1M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.72	−0.052%	$10.5M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.69	−0.073%	$29.0M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.78	−0.010%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.85	+0.039%	$336K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.71	−0.060%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.74	−0.039%	$103K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.72	−0.053%	$459K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.76	−0.024%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.80	+0.004%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.71	−0.057%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.78	−0.010%	$5K	$292K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.97	+0.120%	$688K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.72	−0.052%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.72	−0.054%	$896K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.81	+0.008%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.83	+0.026%	$178K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.68	−0.080%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]short	L +0.0252% / S −0.0362%	1h	142.81	+0.009%	$112K	—	100x
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.87	+0.051%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.95	+0.109%	$793K	$2.8M	50x	as long as short