Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.016%

Price spread now: Extended against Gate−0.037%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.037%, 7d avg −0.053%

Together, before fees+0.080%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	142.71	0.0100	pay 0.0100% / 8h	4h 54m	$8.0M	$15.3M	75x
Short	Extended AAVE-USD	142.66	0.0104	get 0.0013% / 1h	54m 49s	$906K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0.84
Price spread: −0.037% → −0.053%: $1.66
Slippage, 4 orders: −$25.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$43.23
Costs to cover: 0.457%
Break-even: 367.3 days

Slippage from Gate: live order book, 4 min ago; Extended: live order book, 4 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	2.46 bp	14.3 bp −$14	27.7 bp −$277	44.6 bp −$4,456	49.3 bp −$24.6K
Sell Extended live order book, 4 min ago	3.51 bp	7.2 bp −$7	33.6 bp −$336	doesn't fit	doesn't fit

AAVE on 42 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
01 Exchange AAVEUSD	−0.0128%	1h	142.52	−0.133%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0020%	1h	142.54	−0.119%	$5K	$303K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.65	−0.042%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.44	−0.189%	$53K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.58	−0.091%	$225K	$395K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.54	−0.119%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.029%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.42	−0.206%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	142.58	−0.091%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0065%	1h	142.29	−0.294%	$132K	$219K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0085%	1h	142.41	−0.210%	$834K	$438K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.93	+0.154%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.75	+0.027%	$4.5M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.62	−0.065%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.78	+0.049%	$77.2M	$35.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.71	−0.004%	$1.3M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.66	−0.032%	$324K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.63	−0.057%	$64.0M	$184.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.59	−0.084%	$61.2M	$65.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.58	−0.091%	$17.0M	$63.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.56	−0.105%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.99	+0.198%	$58K	$2K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	142.71	long leg	$8.0M	$15.3M	75x
MEXC AAVE_USDT	+0.0100%	8h	142.60	−0.077%	$25.4M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.71	0.000%	$10.6M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.61	−0.070%	$29.1M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.68	−0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.77	+0.042%	$347K	$707K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.65	−0.041%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.24	−0.327%	$102K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.15	−0.393%	$449K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.51	−0.140%	$122K	$385K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.46	−0.172%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.63	−0.055%	$686K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.60	−0.077%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	142.66	−0.037%	$906K	$1.7M	50x
Aevo AAVE-PERP	+0.0104%	1h	142.59	−0.083%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.59	−0.085%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.53	−0.126%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.54	−0.121%	$121K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.62	−0.061%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+0.077%	$774K	$2.8M	50x	as long as short