Spread before costs (cost unknown: a leg has no order-book sample)+0.223%
7d average+0.066%if it closes, per $10,000$22funding while held, a day+$11.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AAVE-USDT-SWAP | 144.80 | −0.0009 | get 0.0009% / 8h | 1h 47m | $18.0M | $63.9M | 50x |
| Short | GMX AAVE/USD [AAVE-USDC] | 145.12 | L +0.0226% / S −0.0381% | get 0.0048% / 1h | 47m 31s | $130K | — | 100x |
OKX AAVE-USDT-SWAP
GMX AAVE/USD [AAVE-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $22.27
- Funding while held
- $11.71
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $11.99
- Spread needed to break even
- 0.220%
Slippage unknown: OKX: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0390%
- Per $10,000 a day
- +$11.71
- Average in range /8h
- —
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 OKX live order book, 3 min ago | 0.35 bp | 9.5 bp −$10 | 13.2 bp −$132 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapest
Deribit142.22+3.841%edgeX144.20+5.284%ApeX Omni144.24+5.315%Variational Omni144.28+5.343%Phoenix144.36+5.403%Coinbase International144.36+5.403%Bitget144.74+5.680%Reya144.75+5.690%Extended144.75+5.691%Bybit144.80+5.724%
Injective
Deribit
ApeX Omni
Variational Omni
Phoenix
Coinbase International
Bitget
Reya
Extended
BybitOKX144.80+5.724%
Nado144.81+5.732%Binance144.82+5.742%Paradex144.83+5.749%BingX144.87+5.775%RISEx144.88+5.781%Arcus144.89+5.790%Polymarket Perps144.89+5.790%Kalshi144.89+5.790%BloFin144.90+5.797%Gate144.91+5.805%MEXC144.93+5.819%Hyperliquid144.94+5.827%dYdX144.94+5.828%Pacifica144.96+5.844%KuCoin145.01+5.878%Aster145.02+5.888%Orderly145.06+5.914%SoDEX145.06+5.914%SunX145.09+5.932%Aevo145.09+5.934%gTrade (Gains Network)145.11+5.954%Phemex145.12+5.958%
Nado
Binance
Paradex
BingX
RISEx
Arcus
Polymarket Perps
BloFin
Gate
MEXC
Hyperliquid
dYdX
Pacifica
KuCoin
Aster
Orderly
SoDEX
SunX
Aevo
gTrade (Gains Network)
PhemexGMX145.12+5.960%
Backpack145.13+5.965%HTX145.14+5.972%Lighter145.17+5.995%Kraken Futures145.19+6.007%Bulk146.08+6.658%
Backpack
HTX
Lighter
Kraken Futures
BulkAAVE on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −5.414% | +0.0033% | 1h | $422 | $197K | 12x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −1.782% | −1.9733% | 1h | $221K | $301K | 50x | as long as short |
| edgeX AAVEUSDC | −0.416% | +0.0100% | 4h | $98K | $308K | 20x | as long as short |
| ApeX Omni AAVEUSDT | −0.387% | −0.0405% | 1h | $134K | $242K | 50x | as long as short |
| Variational Omni AAVE | −0.360% | +0.0018% | 8h | $3.8M | $1.3M | — | as long as short |
| Phoenix AAVE | −0.304% | +0.0082% | 1h | $4K | $74K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | −0.304% | +0.0384% | 1h | $793K | $3.2M | 50x | as long as short |
| Bitget AAVEUSDT | −0.041% | +0.0100% | 8h | $29.6M | $15.7M | 75x | as long as short |
| Reya AAVERUSDPERP | −0.033% | +0.0044% | 1h | — | — | 20x | as long as short |
| Extended AAVE-USD | −0.032% | +0.0104% | 1h | $912K | $1.3M | 50x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AAVEUSDT | 0.000% | +0.0100% | 8h | $60.1M | $58.6M | 75x | as long as short |
| OKX AAVE-USDT-SWAPlong | 0.000% | −0.0009% | 8h | $18.0M | $63.9M | 50x | |
| Nado AAVE-PERP | +0.007% | +0.0100% | 1h | $822K | $414K | 10x | as long as short |
| Binance AAVEUSDT | +0.017% | +0.0087% | 8h | $65.9M | $172.5M | 75x | as long as short |
| Paradex AAVE-USD-PERP | +0.023% | +0.0100% | 8h | $14K | $3K | 20x | as long as short |
| BingX AAVE-USDT | +0.048% | +0.0100% | 8h | — | $41.1M | — | as long as short |
| RISEx AAVE/USDC | +0.054% | +0.0091% | 1h | $191K | $244K | 10x | as long as short |
| Arcus AAVE-USD | +0.062% | +0.0100% | 1h | $51K | $376K | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.062% | +0.0100% | 1h | $133K | $614K | 10x | as long as short |
| Kalshi KXAAVEPERP | +0.062% | 0.0000% | 8h | $64K | $1.3M | 3.4x | as long as short |
| BloFin AAVE-USDT | +0.069% | +0.0207% | 8h | $3.8M | $5.6M | 100x | as long as short |
| Gate AAVE_USDT | +0.076% | +0.0100% | 8h | $7.8M | $12.7M | 75x | as long as short |
| MEXC AAVE_USDT | +0.090% | +0.0087% | 8h | $25.9M | $23.0M | 200x | as long as short |
| Hyperliquid AAVE | +0.097% | +0.0100% | 1h | $81.4M | $23.8M | 10x | as long as short |
| dYdX AAVE-USD | +0.098% | 0.0000% | 1h | $105K | $5K | 10x | as long as short |
| Pacifica AAVE | +0.113% | +0.0100% | 1h | $334K | $433K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.145% | +0.0096% | 8h | $10.0M | $8.2M | 75x | as long as short |
| Aster AAVEUSDT | +0.155% | +0.0100% | 8h | $1.4M | $1.1M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.180% | +0.0046% | 8h | $18K | $18K | 10x | as long as short |
| SoDEX AAVE-USD | +0.180% | −0.0111% | 1h | $5K | $289K | 10x | as long as short |
| SunX AAVE-USDT | +0.197% | +0.0100% | 8h | $2K | $1.2M | 20x | as long as short |
| Aevo AAVE-PERP | +0.199% | +0.0104% | 1h | $123K | $146 | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | +0.217% | L +0.0005% / S −0.0004% | 1h | $70K | — | 150x | as long as short |
| Phemex AAVEUSDT | +0.221% | +0.0095% | 8h | $4.1M | $3.9M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | +0.223% | L +0.0226% / S −0.0381% | 1h | $130K | — | 100x | |
| Backpack AAVE_USDC_PERP | +0.228% | +0.0100% | 1h | $310K | $500K | 10x | as long as short |
| HTX AAVE-USDT | +0.234% | +0.0100% | 8h | $737K | $4.4M | 75x | as long as short |
| Lighter AAVE | +0.256% | +0.0096% | 1h | $4.7M | $1.6M | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.268% | +0.0229% | 1h | $3.5M | $2.1M | 50x | as long as short |
| Bulk AAVE-USD | +0.883% | +0.0100% | 1h | $59K | $20K | 10x | as long as short |