Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0334%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h +0.002%
Price spread now: GMX against Aevo+0.031%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.178%−$18 on $10k
Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.031%, 7d avg +0.036%
Together, before fees−0.175%−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.178%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP144.970.0104pay 0.0013% / 1h44m 50s$122K$14610x
ShortGMX AAVE/USD [AAVE-USDC]145.02L +0.0266% / S −0.0438%get 0.0055% / 1h44m 50s$125K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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

Funding earned
$70.05
Price spread: +0.031% → +0.036%
−$0.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$41.58
Costs to cover
0.280%
Break-even
2.8 days
Slippage unknown: Aevo: live order book, 43 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 43 min ago32.14 bp50.1 bp −$50272.0 bp −$2,720doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0439%1h144.95−0.015%$249K$483K50xas long as short
SoDEX AAVE-USD−0.0193%1h144.88−0.063%$5K$311K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.96−0.008%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h145.11+0.096%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.04+0.049%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.00+0.020%$74K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.03+0.039%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.07+0.067%$3.5M$2.0M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.526%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.94−0.019%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0049%8h145.00+0.020%$17.6M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h144.93−0.028%$18K$12K10xas long as short
Gate AAVE_USDT+0.0062%8h144.98+0.006%$7.8M$15.6M75xas long as short
ApeX Omni AAVEUSDT+0.0066%1h145.09+0.082%$135K$229K50xas long as short
Binance AAVEUSDT+0.0076%8h144.98+0.006%$65.9M$181.8M75xas long as short
MEXC AAVE_USDT+0.0078%8h144.96−0.008%$32.2M$26.1M200xas long as short
Nado AAVE-PERP+0.0083%1h144.94−0.020%$804K$444K10xas long as short
Lighter AAVE+0.0096%1h145.19+0.154%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.02+0.033%$180K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.96−0.008%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h145.16+0.130%$81.2M$32.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.98+0.005%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.98+0.007%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.02+0.034%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.97−0.001%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h145.14+0.114%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.94−0.022%$10.1M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.97−0.001%$30.2M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.97−0.001%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.07+0.068%$381K$703K10xas long as short
Variational Omni AAVE+0.0100%8h145.12+0.100%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.14+0.119%$101K$313K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.16+0.132%$461K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.05+0.054%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.91−0.039%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.08+0.074%$736K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.94−0.022%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.95−0.014%$936K$1.8M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h144.97long leg$122K$14610x
BloFin AAVE-USDT+0.0196%8h144.90−0.049%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h145.44+0.323%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0266% / S −0.0438%1h145.02+0.031%$125K100x