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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.004%
Price spread now: GRVT against Gate−0.164%81s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days+0.168%+$17 · spread now −0.164%, 7d avg +0.025%
Together, before fees+0.190%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.189% cheaper against Gate than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.025%). If the spread goes back, that is −$19 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.021% in total) that is about 2 months. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAVE_USDT146.120.0054pay 0.0054% / 8h7h 44m$7.9M$15.2M75x
ShortGRVT AAVE_USDT_Perp145.880.0097get 0.0097% / 8h7h 44m$457K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$9.03
Price spread: −0.164% → +0.025%
−$18.93
Slippage, 4 orders
−$21.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$54.91
Costs to cover
0.450%
Break-even
49.6 days
Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago2.74 bp15.3 bp −$1529.3 bp −$29349.1 bp −$4,91255.1 bp −$27.5K
Sell GRVT live order book, 5 min ago0.34 bp8.3 bp −$823.0 bp −$230doesn't fitdoesn't fit

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%1h146.17+0.033%$3.5M$2.1M50xas long as short
Phemex AAVEUSDT−0.0175%8h146.05−0.048%$4.1M$3.8M50xas long as short
01 Exchange AAVEUSD−0.0128%1h146.04−0.055%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0076%1h146.07−0.034%$5K$305K10xas long as short
dYdX AAVE-USD0.0000%1h145.91−0.145%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.93−0.130%$79K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h145.81−0.212%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.07−0.034%$255K$373K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.10−0.016%$71K150xas long as short
MEXC AAVE_USDT+0.0023%8h146.11−0.007%$29.0M$25.6M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h146.13+0.007%$66.2M$187.4M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.269%$422$51K12xas long as short
ApeX Omni AAVEUSDT+0.0036%1h145.87−0.171%$136K$230K50xas long as short
Reya AAVERUSDPERP+0.0044%1h145.96−0.108%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h146.01−0.075%$18K$12K10xas long as short
Gate AAVE_USDTlong+0.0054%8h146.12long leg$7.9M$15.2M75x
OKX AAVE-USDT-SWAP+0.0063%8h146.18+0.041%$18.0M$67.4M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.04−0.055%$123K$14610xas long as short
BloFin AAVE-USDT+0.0093%8h145.82−0.205%$3.5M$4.1M100xas long as short
Lighter AAVE+0.0096%1h146.29+0.116%$4.7M$1.5M10xas long as short
GRVT AAVE_USDT_Perpshort+0.0097%8h145.88−0.164%$457K$3.9M10x
Paradex AAVE-USD-PERP+0.0100%8h146.00−0.084%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.97−0.106%$798K$448K10xas long as short
Hyperliquid AAVE+0.0100%1h146.22+0.068%$79.8M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.09−0.017%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.00−0.082%$333K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.14+0.014%$62.5M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h146.06−0.041%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.05−0.048%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.08−0.027%$10.0M$8.8M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.06−0.041%$30.3M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h146.120.000%$44.2Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.19+0.048%$346K$734K10xas long as short
Variational Omni AAVE+0.0100%8h145.63−0.334%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.78−0.231%$105K$318K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.06−0.041%$128K$445K10xas long as short
SunX AAVE-USDT+0.0100%8h146.03−0.059%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.12+0.001%$698K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h146.04−0.055%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.09−0.020%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h146.07−0.032%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.08−0.027%$786K$3.1M50xas long as short