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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0334%/8h= +36.5% APRnext payment +$0.42 per $10,000 · paid last 24h +0.017%
Price spread now: GMX against Extended+0.035%7-day average +0.108% · 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)−0.174%−$17 on $10k
Price spread, last 3 days (all we have)+0.170%+$17 · spread now +0.035%, 7d avg +0.108%
Together, before fees−0.004%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.073% cheaper against Extended than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.108%). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 3 days funding on this pair cost −0.174%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD146.110.0104pay 0.0013% / 1h28m 42s$935K$1.7M50x
ShortGMX AAVE/USD [AAVE-USDC]146.16L +0.0267% / S −0.0438%get 0.0055% / 1h28m 42s$126K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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: +0.035% → +0.108%
−$7.31
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GMX: 6 bp × 2 orders
−$12
Net
$45.74
Costs to cover
0.170%
Break-even
2.4 days
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago1.37 bp5.0 bp −$519.1 bp −$191doesn'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−0.0092%1h146.16+0.036%$255K$394K50xas long as short
SoDEX AAVE-USD−0.0079%1h146.15+0.029%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h146.18+0.049%$5K$99K10xas long as short
01 Exchange AAVEUSD−0.0008%1h146.15+0.029%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h146.13+0.017%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.91−0.135%$84K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.25+0.098%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.17+0.042%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.261%$422$51K12xas long as short
MEXC AAVE_USDT+0.0040%8h146.13+0.015%$30.3M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0041%8h146.05−0.041%$66.6M$185.9M75xas long as short
Reya AAVERUSDPERP+0.0044%1h146.08−0.021%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h146.15+0.029%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h146.10−0.005%$18.0M$67.7M50xas long as short
Gate AAVE_USDT+0.0079%8h146.15+0.029%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.18+0.053%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.25+0.099%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.11−0.001%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.07−0.023%$804K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h146.18+0.049%$80.6M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h146.17+0.042%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.17+0.044%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.13+0.015%$62.3M$65.9M75xas long as short
Arcus AAVE-USD+0.0100%1h146.14+0.022%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.07−0.026%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.14+0.022%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.08−0.019%$30.4M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h146.13+0.015%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.22+0.077%$348K$745K10xas long as short
Variational Omni AAVE+0.0100%8h146.17+0.041%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.18+0.049%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.16+0.038%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.19+0.056%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.17+0.042%$128K$456K10xas long as short
SunX AAVE-USDT+0.0100%8h146.14+0.023%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.24+0.087%$699K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.12+0.008%$4.1M$3.8M50xas long as short
Extended AAVE-USDlong+0.0104%1h146.11long leg$935K$1.7M50x
RISEx AAVE/USDC+0.0106%1h146.18+0.050%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0161%8h146.12+0.008%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0267% / S −0.0438%1h146.16+0.035%$126K100x
Coinbase International AAVE-PERP-INTX+0.0280%1h146.33+0.152%$788K$3.0M50xas long as short