Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −9.0% APRpaid last 24h −0.013%

Price spread now: gTrade (Gains Network) against Gate+0.077%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.077% dearer against Gate than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	145.93	0.0086	pay 0.0086% / 8h	7h 40m	$7.9M	$15.2M	75x
Short	gTrade (Gains Network) AAVE/USD	146.04	L +0.0005% / S −0.0004%	get 0.0000% / 1h	40m 50s	$71K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.077%Rate

Funding earned: −$17.25
Price spread: +0.077% → 0.000%: $7.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.51
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	0.34 bp	13.9 bp −$14	25.3 bp −$253	36.6 bp −$3,657	41.9 bp −$20.9K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.12	+0.130%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0128%	1h	145.98	+0.034%	$11K	$2K	5x	as long as short
Phemex AAVEUSDT	−0.0107%	8h	145.98	+0.034%	$4.1M	$3.8M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0092%	1h	146.01	+0.055%	$255K	$373K	50x	as long as short
SoDEX AAVE-USD	−0.0073%	1h	145.97	+0.027%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.21	+0.192%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.94	+0.007%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.21	+0.192%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USDshort	L +0.0005% / S −0.0004%	1h	146.04	+0.077%	$71K	—	150x
MEXC AAVE_USDT	+0.0024%	8h	145.93	0.000%	$29.2M	$25.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0024%	8h	145.91	−0.011%	$66.1M	$186.8M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.147%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.95	+0.012%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	145.98	+0.034%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0049%	1h	145.80	−0.089%	$136K	$230K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0064%	8h	145.86	−0.048%	$17.9M	$67.2M	50x	as long as short
Gate AAVE_USDTlong	+0.0086%	8h	145.93	long leg	$7.9M	$15.2M	75x
Aevo AAVE-PERP	+0.0088%	1h	146.00	+0.048%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.13	+0.137%	$4.7M	$1.5M	10x	as long as short
BloFin AAVE-USDT	+0.0096%	8h	145.90	−0.021%	$3.5M	$4.1M	100x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.98	+0.036%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.98	+0.033%	$798K	$446K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.04	+0.075%	$79.7M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.97	+0.027%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.11	+0.122%	$333K	$503K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.88	−0.034%	$62.4M	$65.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.00	+0.048%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.05	+0.082%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.91	−0.014%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.98	+0.034%	$30.3M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.90	−0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.00	+0.048%	$346K	$734K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.08	+0.104%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.12	+0.130%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.12	+0.128%	$462K	$3.9M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.05	+0.082%	$128K	$433K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.96	+0.023%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.12	+0.127%	$698K	$5.1M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.88	−0.035%	$932K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.03	+0.071%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	146.01	+0.054%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.08	+0.103%	$786K	$3.1M	50x	as long as short