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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.054%
Price spread now: Hyperliquid against gTrade (Gains Network)−0.051%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 fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. Hyperliquid is 0.051% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AAVE/USD146.35L +0.0005% / S −0.0004%pay 0.0001% / 1h20m 02s$71K150x
ShortHyperliquid AAVE146.280.0100get 0.0013% / 1h20m 02s$79.7M$35.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$19.96
Price spread: −0.051% → 0.000%
−$5.06
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$4.1
Costs to cover
0.190%
Break-even
8.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 4 min ago. 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 Hyperliquid live order book, 4 min ago1.70 bp6.3 bp −$611.0 bp −$110doesn't fitdoesn't fit
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
Kraken Futures PF_AAVEUSD−0.0184%1h146.37+0.014%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0160%1h146.30−0.033%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0092%1h146.25−0.068%$5K$305K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0092%1h146.27−0.054%$255K$369K50xas long as short
dYdX AAVE-USD0.0000%1h146.41+0.040%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.34−0.006%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.78+0.295%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h146.35long leg$71K150x
Gate AAVE_USDT+0.0007%8h146.19−0.109%$7.9M$15.3M75xas long as short
Phemex AAVEUSDT+0.0009%8h146.36+0.008%$4.2M$3.8M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0020%8h146.27−0.054%$29.0M$25.8M200xas long as short
Binance AAVEUSDT+0.0021%8h146.16−0.130%$66.2M$183.5M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.415%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h146.23−0.083%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h146.27−0.054%$18K$10K10xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h146.25−0.068%$17.9M$66.3M50xas long as short
Bybit AAVEUSDT+0.0071%8h146.25−0.068%$62.6M$65.0M75xas long as short
ApeX Omni AAVEUSDT+0.0072%1h146.58+0.158%$136K$231K50xas long as short
BloFin AAVE-USDT+0.0084%8h146.49+0.096%$3.5M$3.5M100xas long as short
Aevo AAVE-PERP+0.0088%1h146.74+0.268%$124K$14610xas long as short
Lighter AAVE+0.0096%1h146.39+0.029%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.20−0.099%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.24−0.074%$800K$423K10xas long as short
Hyperliquid AAVEshort+0.0100%1h146.28−0.051%$79.7M$35.4M10x
Aster AAVEUSDT+0.0100%8h146.38+0.019%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.28−0.044%$334K$502K10xas long as short
Arcus AAVE-USD+0.0100%1h146.30−0.033%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.36+0.005%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.29−0.040%$10.4M$8.9M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.25−0.068%$30.3M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h146.19−0.109%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.26−0.061%$334K$737K10xas long as short
Variational Omni AAVE+0.0100%8h146.44+0.063%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.55+0.140%$106K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.62+0.186%$464K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.33−0.013%$127K$415K10xas long as short
SunX AAVE-USDT+0.0100%8h146.29−0.038%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.46+0.075%$712K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.17−0.124%$939K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.33−0.010%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0233% / S −0.0363%1h146.34−0.005%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.44+0.062%$785K$2.9M50xas long as short