Funding you earn now, next payment 03:00 UTC+0.0320%/8h= +35.0% APRpaid last 24h +0.071%
Price spread now: GMX against Variational Omni+0.136%7-day average +0.072% · 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)−0.092%−$9 on $10k
+Price spread, last 4 days (all we have)+0.497%+$50 · spread now +0.136%, 7d avg +0.072%
=Together, before fees+0.405%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.064% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.072%. Mind the row above: over the last 3 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.092% in total (about -10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni AAVE | 143.76 | 0.0100 | pay 0.0100% / 8h | 5h 32m | $3.7M | $1.3M | — |
| Short | GMX AAVE/USD [AAVE-USDC] | 143.95 | L +0.0263% / S −0.0420% | get 0.0052% / 1h | 32m 04s | $124K | — | 100x |
Variational Omni AAVE
GMX AAVE/USD [AAVE-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $67.15
- Price spread: +0.136% → +0.072%
- $6.42
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $61.57
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 3.06 bp | doesn't fit | 12.9 bp −$129 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0064% | 1h | 144.00 | +0.169% | $11K | $2K | 5x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0028% | 1h | 143.86 | +0.072% | $228K | $389K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 144.00 | +0.166% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.91 | +0.106% | $60K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.97 | +0.147% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.728% | $422 | $51K | 12x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0044% | 8h | 143.87 | +0.079% | $18K | $10K | 10x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.93 | +0.120% | — | — | 20x | as long as short |
| Nado AAVE-PERP | +0.0053% | 1h | 143.95 | +0.138% | $834K | $432K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 143.92 | +0.113% | $5K | $98K | 10x | as long as short |
01 Exchange AAVEUSD
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Orderly PERP_AAVE_USDC
Reya AAVERUSDPERP
Nado AAVE-PERP
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAVE | +0.0096% | 1h | 144.08 | +0.224% | $4.6M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.99 | +0.163% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.06 | +0.211% | $77.9M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.98 | +0.156% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.03 | +0.190% | $328K | $433K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 144.00 | +0.167% | $64.5M | $182.9M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.01 | +0.176% | $61.5M | $64.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.88 | +0.086% | $17.2M | $63.5M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.03 | +0.190% | $44K | $179K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 143.90 | +0.099% | $58K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.92 | +0.113% | $7.9M | $15.1M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.93 | +0.120% | $26.0M | $23.6M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.95 | +0.134% | $10.8M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.85 | +0.065% | $30.2M | $17.3M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 143.91 | +0.106% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.98 | +0.155% | $321K | $719K | 10x | as long as short |
| Variational Omni AAVElong | +0.0100% | 8h | 143.76 | long leg | $3.7M | $1.3M | — | |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.84 | +0.059% | $104K | $278K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.91 | +0.109% | $453K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.97 | +0.148% | $134K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.02 | +0.183% | $126K | $419K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.93 | +0.120% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 143.87 | +0.079% | $5K | $301K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.08 | +0.224% | $695K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.89 | +0.093% | $4.1M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.82 | +0.044% | $913K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 143.88 | +0.084% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0195% | 1h | 144.07 | +0.216% | $188K | $235K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 144.00 | +0.169% | $3.4M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC]short | L +0.0263% / S −0.0420% | 1h | 143.95 | +0.136% | $124K | — | 100x | |
| Kraken Futures PF_AAVEUSD | +0.0267% | 1h | 144.00 | +0.167% | $3.5M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 144.05 | +0.204% | $779K | $2.8M | 50x | as long as short |
Lighter AAVE
Paradex AAVE-USD-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
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
Coinbase International AAVE-PERP-INTX