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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.010%
Price spread now: gTrade (Gains Network) against Bybit−0.054%52s7-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 0.054% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AAVEUSDT142.010.0100pay 0.0100% / 8h42m 36s$61.3M$68.2M75x
ShortgTrade (Gains Network) AAVE/USD141.93L +0.0005% / S −0.0004%get 0.0000% / 1h42m 36s$79K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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
−$20.18
Price spread: −0.054% → 0.000%
−$5.35
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$46.53
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.35 bp5.9 bp −$613.2 bp −$13253.4 bp −$5,337doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0032%1h141.79−0.155%$214K$392K50xas long as short
dYdX AAVE-USD0.0000%1h142.00−0.009%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.93−0.056%$48K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h141.93−0.054%$79K150x
Injective AAVE/USDC PERP+0.0033%1h136.96−3.556%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.99−0.014%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h141.80−0.148%$18K$7K10xas long as short
Lighter AAVE+0.0096%1h142.17+0.111%$4.5M$2.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.96−0.037%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h141.95−0.044%$827K$394K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h142.06+0.035%$77.7M$36.9M10xas long as short
Aster AAVEUSDT+0.0100%8h142.02+0.007%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.98−0.018%$324K$384K10xas long as short
Binance AAVEUSDT+0.0100%8h141.99−0.014%$63.6M$189.3M75xas long as short
Bybit AAVEUSDTlong+0.0100%8h142.01long leg$61.3M$68.2M75x
OKX AAVE-USDT-SWAP+0.0100%8h142.02+0.007%$17.0M$64.0M50xas long as short
Arcus AAVE-USD+0.0100%1h142.06+0.035%$63K$193K10xas long as short
Bulk AAVE-USD+0.0100%1h141.93−0.057%$160K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h141.98−0.021%$8.0M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.99−0.014%$23.8M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.00−0.007%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.99−0.014%$29.0M$17.8M75xas long as short
BingX AAVE-USDT+0.0100%8h141.93−0.056%$43.4Mas long as short
Variational Omni AAVE+0.0100%8h142.17+0.111%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h142.26+0.179%$108K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.08+0.050%$452K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.02+0.007%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.11+0.070%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.04+0.022%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.79−0.155%$5K$286K10xas long as short
HTX AAVE-USDT+0.0100%8h142.15+0.098%$672K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.83−0.127%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h141.90−0.078%$915K$1.7M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.02+0.007%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.82−0.133%$120K$14610xas long as short
Phoenix AAVE+0.0152%1h142.18+0.120%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.77−0.169%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0245%1h142.10+0.061%$188K$276K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.98−0.019%$111K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h142.14+0.092%$753K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0270%1h141.89−0.085%$3.4M$2.1M50xas long as short
Backpack AAVE_USDC_PERP+0.0329%1h142.02+0.007%$387K$728K10xas long as short