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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0320%/8h= +35.0% APRpaid last 24h +0.045%
Price spread now: GMX against Aster−0.027%51s7-day average +0.034% · you buy dearer than you sell
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)−0.159%−$16 on $10k
Price spread, last 4 days (all we have)+0.556%+$56 · spread now −0.027%, 7d avg +0.034%
Together, before fees+0.396%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.060% cheaper against Aster than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.034%). If the spread goes back, that is −$6 on $10k: about 15 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 3 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT143.570.0100pay 0.0100% / 8h5h 44m$1.3M$1.2M50x
ShortGMX AAVE/USD [AAVE-USDC]143.54L +0.0263% / S −0.0420%get 0.0052% / 1h44m 32s$124K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$67.15
Price spread: −0.027% → +0.034%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$41.12
Costs to cover
0.200%
Break-even
2.7 days
Slippage unknown: Aster: live order book, 4 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 Aster live order book, 4 min ago3.84 bp8.7 bp −$932.6 bp −$326doesn'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
01 Exchange AAVEUSD−0.0064%1h143.56−0.010%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.55−0.019%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.47−0.073%$59K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.62+0.032%$238K$376K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.54−0.027%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.607%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.57−0.003%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.58+0.004%20xas long as short
Phoenix AAVE+0.0089%1h143.48−0.066%$5K$98K10xas long as short
OKX AAVE-USDT-SWAP+0.0096%8h143.54−0.024%$17.2M$63.4M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.75+0.124%$4.6M$1.5M10xas long as short
MEXC AAVE_USDT+0.0098%8h143.50−0.052%$26.0M$23.5M200xas long as short
Binance AAVEUSDT+0.0100%8h143.55−0.015%$64.4M$183.3M75xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.55−0.016%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.50−0.048%$833K$431K10xas long as short
Hyperliquid AAVE+0.0100%1h143.63+0.039%$77.7M$35.3M10xas long as short
Aster AAVEUSDTlong+0.0100%8h143.57long leg$1.3M$1.2M50x
Pacifica AAVE+0.0100%1h143.59+0.009%$327K$433K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.59+0.011%$61.4M$64.3M75xas long as short
Arcus AAVE-USD+0.0100%1h143.60+0.018%$44K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h143.56−0.013%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.55−0.017%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.61+0.025%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.56−0.010%$30.1M$17.3M75xas long as short
BingX AAVE-USDC+0.0100%8h143.56−0.010%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.78+0.143%$320K$719K10xas long as short
Variational Omni AAVE+0.0100%8h143.37−0.142%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.01−0.390%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.97−0.418%$448K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.30−0.191%$133K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.60+0.018%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.59+0.014%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.61+0.025%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h143.84+0.186%$696K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.62+0.032%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.57−0.003%$913K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.63+0.035%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.61+0.027%$196K$231K10xas long as short
BloFin AAVE-USDT+0.0219%8h143.52−0.038%$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0263% / S −0.0420%1h143.54−0.027%$124K100x
Kraken Futures PF_AAVEUSD+0.0267%1h143.70+0.085%$3.5M$2.0M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.72+0.101%$778K$2.8M50xas long as short