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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Bulk−0.213%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.213% cheaper against Bulk than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk AAVE-USD144.610.0100pay 0.0013% / 1h36m 25s$61K$3K10x
ShortgTrade (Gains Network) AAVE/USD144.31L +0.0005% / S −0.0004%get 0.0000% / 1h36m 25s$70K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bulk. 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
−$20.19
Price spread: −0.213% → 0.000%
−$21.26
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$58.45
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bulk: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bulk no order-book sample
Sell gTrade (Gains Network) no order-book sample
Bulk and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0235%1h144.17−0.307%$248K$483K50xas long as short
SoDEX AAVE-USD−0.0201%1h144.10−0.356%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.11−0.349%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.78+0.114%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.13−0.336%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.12−0.342%$70K$1.6M3.4xas long as short
ApeX Omni AAVEUSDT+0.0001%1h144.66+0.031%$134K$229K50xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h144.31−0.213%$70K150x
Kraken Futures PF_AAVEUSD+0.0012%1h144.28−0.233%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.293%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.25−0.255%20xas long as short
Gate AAVE_USDT+0.0051%8h144.20−0.287%$7.7M$15.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0051%8h144.17−0.307%$17.5M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0055%8h144.16−0.314%$18K$12K10xas long as short
Binance AAVEUSDT+0.0069%8h144.27−0.240%$65.7M$183.1M75xas long as short
MEXC AAVE_USDT+0.0069%8h144.22−0.273%$31.8M$26.1M200xas long as short
GRVT AAVE_USDT_Perp+0.0095%8h144.67+0.039%$459K$4.0M10xas long as short
Lighter AAVE+0.0096%1h144.29−0.224%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.18−0.300%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.17−0.310%$179K$241K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.09−0.360%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.20−0.287%$800K$444K10xas long as short
Hyperliquid AAVE+0.0100%1h144.33−0.197%$80.1M$32.9M10xas long as short
Aster AAVEUSDT+0.0100%8h144.05−0.393%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.09−0.363%$328K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.22−0.273%$61.4M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.11−0.349%$50K$274K10xas long as short
Bulk AAVE-USDlong+0.0100%1h144.61long leg$61K$3K10x
KuCoin AAVEUSDTM+0.0100%8h144.22−0.273%$10.3M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.20−0.287%$30.0M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.30−0.217%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.29−0.224%$379K$701K10xas long as short
Variational Omni AAVE+0.0100%8h144.70+0.056%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.12−0.344%$100K$313K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.28−0.231%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.13−0.336%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.29−0.222%$728K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.16−0.314%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.08−0.371%$928K$1.8M50xas long as short
BloFin AAVE-USDT+0.0190%8h144.11−0.349%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.38−0.162%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.33−0.194%$124K100xas long as short