Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: edgeX against Gate+0.297%97s7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.458% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.297%, 7d avg −0.005%

Together, before fees+0.233%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.301% dearer against Gate than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	143.65	0.0100	pay 0.0100% / 8h	6h 09m	$7.8M	$15.2M	75x
Short	edgeX AAVEUSDC	144.08	0.0100	get 0.0050% / 4h	2h 09m	$104K	$319K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now +0.297%Rate

Funding earned: $0
Price spread: +0.297% → −0.005%: $30.13
Slippage, 4 orders: −$21.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.71
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	3.82 bp	14.8 bp −$15	30.9 bp −$309	45.2 bp −$4,515	51.5 bp −$25.7K
Sell edgeX live order book, 58 min ago	3.42 bp	8.0 bp −$8	12.0 bp −$120	doesn't fit	doesn't fit

AAVE on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AAVEUSD	−0.0034%	1h	143.82	+0.117%	$3.4M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	143.81	+0.111%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.89	+0.170%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.71	+0.042%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.70	+0.035%	$244K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.74	+0.059%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.11	+0.320%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.657%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.72	+0.045%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.70	+0.035%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0075%	8h	143.63	−0.014%	$26.5M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0078%	8h	143.64	−0.007%	$64.8M	$184.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0083%	8h	143.65	0.000%	$17.2M	$64.9M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	143.87	+0.153%	$199K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.79	+0.098%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.90	+0.177%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.80	+0.104%	$800K	$421K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.80	+0.104%	$77.8M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.71	+0.043%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.91	+0.179%	$328K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.65	0.000%	$61.4M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.83	+0.125%	$44K	$181K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	143.65	long leg	$7.8M	$15.2M	75x
KuCoin AAVEUSDTM	+0.0100%	8h	143.67	+0.014%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.62	−0.021%	$29.9M	$17.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.65	0.000%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.72	+0.049%	$320K	$742K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.96	+0.216%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDCshort	+0.0100%	4h	144.08	+0.297%	$104K	$319K	20x
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.96	+0.216%	$450K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.04	+0.271%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.77	+0.084%	$124K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.75	+0.067%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.71	+0.042%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.97	+0.220%	$697K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.68	+0.021%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.09	+0.310%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.58	−0.046%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.72	+0.052%	$121K	$146	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0249% / S −0.0388%	1h	143.73	+0.054%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.76	+0.773%	$778K	$2.8M	50x	as long as short