Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.026%

Price spread now: gTrade (Gains Network) against Aster−0.011%7-day average — · you buy dearer than you sell

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

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	145.27	0.0100	pay 0.0100% / 8h	2h 56m	$1.4M	$1.2M	50x
Short	gTrade (Gains Network) AAVE/USD	145.25	L +0.0005% / S −0.0004%	get 0.0000% / 1h	56m 33s	$70K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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 AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.011%Rate

Funding earned: −$20.19
Price spread: −0.011% → 0.000%: −$1.1
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$39.29
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; gTrade (Gains Network): 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 Aster live order book, 2 min ago	5.50 bp	11.2 bp −$11	38.4 bp −$384	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Deribit AAVE_USDC-PERPETUAL	−0.0782%	1h	145.21	−0.041%	$232K	$462K	50x	as long as short
SoDEX AAVE-USD	−0.0292%	1h	145.30	+0.021%	$5K	$308K	10x	as long as short
01 Exchange AAVEUSD	−0.0184%	1h	145.29	+0.014%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0039%	1h	145.71	+0.303%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.36	+0.061%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.32	+0.034%	$64K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USDshort	L +0.0005% / S −0.0004%	1h	145.25	−0.011%	$70K	—	150x
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.43	+0.113%	$3.5M	$2.0M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.720%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.19	−0.053%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AAVE-USDT-SWAP	+0.0055%	8h	145.21	−0.041%	$17.8M	$65.3M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0061%	8h	145.23	−0.028%	$18K	$12K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0076%	1h	145.72	+0.310%	$135K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0080%	8h	145.34	+0.048%	$7.8M	$15.4M	75x	as long as short
Binance AAVEUSDT	+0.0084%	8h	145.24	−0.022%	$66.0M	$180.7M	75x	as long as short
MEXC AAVE_USDT	+0.0086%	8h	145.19	−0.055%	$32.5M	$25.9M	200x	as long as short
Lighter AAVE	+0.0096%	1h	145.54	+0.189%	$4.7M	$1.6M	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.37	+0.069%	$181K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.32	+0.035%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.19	−0.052%	$814K	$439K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.41	+0.096%	$81.4M	$32.4M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	145.27	long leg	$1.4M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	145.38	+0.079%	$331K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.26	−0.007%	$62.0M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.31	+0.028%	$51K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.24	+0.671%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.21	−0.041%	$9.9M	$8.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.22	−0.034%	$29.7M	$17.7M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.32	+0.034%	—	$44.3M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.46	+0.131%	$345K	$684K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.44	+0.803%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.76	+0.336%	$101K	$311K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.69	+0.288%	$461K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.27	0.000%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.21	−0.043%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.78	+0.350%	$740K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.43	+0.110%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.27	−0.001%	$941K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	145.31	+0.028%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0206%	8h	145.29	+0.014%	$3.6M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	145.57	+0.207%	$781K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0274% / S −0.0485%	1h	145.32	+0.036%	$135K	—	100x	as long as short