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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0357%/8h= +39.1% APRnext payment +$0.45 per $10,000 · paid last 24h +0.078%
Price spread now: GMX against gTrade (Gains Network)+0.036%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.036% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AAVE/USD143.56L +0.0005% / S −0.0004%pay 0.0001% / 1h57m 56s$80K150x
ShortGMX AAVE/USD [AAVE-USDC]143.62L +0.0252% / S −0.0362%get 0.0045% / 1h57m 56s$112K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$75.01
Price spread: +0.036% → 0.000%
$3.65
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$56.66
Costs to cover
0.220%
Break-even
1.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and 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
Nado AAVE-PERP−0.0027%1h143.66+0.067%$845K$436K10xas long as short
dYdX AAVE-USD0.0000%1h143.59+0.020%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.52−0.031%$55K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.59+0.018%$220K$401K50xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h143.56long leg$80K150x
Injective AAVE/USDC PERP+0.0033%1h136.96−4.600%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.58+0.012%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h143.62+0.039%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0052%8h143.60+0.025%$4.0M$3.7M50xas long as short
Phoenix AAVE+0.0056%1h143.24−0.226%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.72+0.107%$4.6M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.65+0.058%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.77+0.146%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h143.67+0.076%$329K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h143.76+0.137%$64.2M$187.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.73+0.116%$61.7M$67.5M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.70+0.095%$17.2M$64.6M50xas long as short
Arcus AAVE-USD+0.0100%1h143.66+0.067%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h142.53−0.720%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.75+0.130%$8.2M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.71+0.102%$25.1M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.78+0.150%$10.6M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.65+0.060%$29.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h143.73+0.116%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h143.26−0.212%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.20−0.251%$103K$280K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.03−0.374%$460K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.03−0.372%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.67+0.074%$127K$437K10xas long as short
SunX AAVE-USDT+0.0100%8h143.55−0.013%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.57+0.004%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.73+0.114%$691K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h143.66+0.064%$908K$1.8M50xas long as short
01 Exchange AAVEUSD+0.0104%1h143.63+0.046%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h143.62+0.041%$121K$14610xas long as short
RISEx AAVE/USDC+0.0132%1h143.62+0.038%$185K$250K10xas long as short
Backpack AAVE_USDC_PERP+0.0166%1h143.82+0.178%$338K$719K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.17−0.274%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0247%1h143.67+0.074%$3.5M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0252% / S −0.0362%1h143.62+0.036%$112K100x
Coinbase International AAVE-PERP-INTX+0.0360%1h143.75+0.130%$794K$2.8M50xas long as short
Hyperliquid AAVE+0.0468%1h143.91+0.241%$79.1M$36.7M10xas long as short