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

AAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Injective against gTrade (Gains Network)−6.542%55s7-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
Funding pays, the price is against you. Injective is 6.542% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −6.542% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$654 on $10k: about years of funding at the current rate (+$1 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AAVE/USD146.55L +0.0005% / S −0.0004%pay 0.0001% / 1h13m 47s$71K150x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h13m 47s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$5.96
Price spread: −6.542% → 0.000%
−$654.19
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$658.26
Costs to cover
0.100%
Break-even
780.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 Injective no order-book sample
gTrade (Gains Network) and Injective: 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%1h146.61+0.044%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0152%1h146.50−0.032%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0080%1h146.48−0.046%$5K$295K10xas long as short
Phemex AAVEUSDT−0.0062%8h146.50−0.032%$4.2M$3.8M50xas long as short
dYdX AAVE-USD0.0000%1h146.44−0.075%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.47−0.053%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.33−0.148%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.53−0.012%$255K$368K50xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h146.55long leg$71K150x
MEXC AAVE_USDT+0.0023%8h146.37−0.121%$28.8M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h146.41−0.093%$66.3M$183.4M75xas long as short
ApeX Omni AAVEUSDT+0.0024%1h146.19−0.244%$136K$231K50xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−6.542%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h146.44−0.071%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h146.47−0.053%$18K$10K10xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h146.38−0.114%$17.9M$66.3M50xas long as short
Gate AAVE_USDT+0.0084%8h146.32−0.155%$7.9M$15.3M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.48−0.046%$124K$14610xas long as short
BloFin AAVE-USDT+0.0093%8h146.39−0.107%$3.5M$3.5M100xas long as short
Lighter AAVE+0.0096%1h146.52−0.017%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.36−0.127%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.44−0.070%$801K$423K10xas long as short
Hyperliquid AAVE+0.0100%1h146.43−0.080%$79.8M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.32−0.155%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.42−0.088%$334K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.37−0.121%$62.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h146.39−0.107%$46K$270K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.519%$59K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.36−0.128%$11.1M$9.0M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.37−0.121%$30.3M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h146.37−0.121%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.55+0.002%$332K$736K10xas long as short
Variational Omni AAVE+0.0100%8h146.27−0.187%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.09−0.314%$105K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.19−0.244%$462K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.52−0.018%$127K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h146.45−0.063%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.82+0.186%$714K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.33−0.149%$939K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.53−0.010%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h146.55−0.001%$130K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.42−0.087%$785K$2.9M50xas long as short