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−0.0077%/8h= −8.4% APRnext payment $0.77 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against Gate−0.048%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days+0.041%+$4 · spread now −0.048%, 7d avg +0.009%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.056% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAVE_USDT146.230.0100pay 0.0100% / 8h7h 42m$7.9M$15.2M75x
ShortMEXC AAVE_USDT146.160.0023get 0.0023% / 8h7h 42m$29.3M$25.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$16.17
Price spread: −0.048% → +0.009%
−$5.64
Slippage, 4 orders
−$15.9
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$52.71
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago0.34 bp13.9 bp −$1425.3 bp −$25336.6 bp −$3,65741.9 bp −$20.9K
Sell MEXC live order book, 1 min ago0.34 bp1.4 bp −$16.4 bp −$6441.8 bp −$4,18390.4 bp −$45.2K

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
Phemex AAVEUSDT−0.0256%8h146.24+0.007%$4.2M$3.8M50xas long as short
Kraken Futures PF_AAVEUSD−0.0184%1h146.45+0.150%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSD−0.0128%1h146.11−0.082%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0057%1h146.31+0.055%$5K$305K10xas long as short
dYdX AAVE-USD0.0000%1h146.19−0.028%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.21−0.014%$79K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h145.81−0.287%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.35+0.082%$255K$373K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.31+0.055%$71K150xas long as short
MEXC AAVE_USDTshort+0.0023%8h146.16−0.048%$29.3M$25.7M200x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0025%8h146.230.000%$66.3M$186.9M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.339%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h146.13−0.067%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h146.28+0.034%$18K$10K10xas long as short
ApeX Omni AAVEUSDT+0.0049%1h145.80−0.294%$136K$230K50xas long as short
OKX AAVE-USDT-SWAP+0.0065%8h146.29+0.041%$17.9M$67.4M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.31+0.051%$124K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0093%8h145.86−0.253%$457K$3.9M10xas long as short
BloFin AAVE-USDT+0.0095%8h146.22−0.007%$3.5M$4.1M100xas long as short
Lighter AAVE+0.0096%1h146.26+0.018%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.07−0.111%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.04−0.127%$799K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h146.25+0.014%$79.8M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.18−0.036%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.07−0.109%$333K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.29+0.041%$62.5M$65.7M75xas long as short
Arcus AAVE-USD+0.0100%1h146.12−0.075%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.05−0.123%$61K−$010xas long as short
Gate AAVE_USDTlong+0.0100%8h146.23long leg$7.9M$15.2M75x
KuCoin AAVEUSDTM+0.0100%8h146.11−0.082%$10.1M$8.8M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.27+0.027%$30.4M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h146.22−0.007%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.28+0.034%$347K$734K10xas long as short
Variational Omni AAVE+0.0100%8h145.63−0.409%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.74−0.333%$105K$318K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.21−0.014%$128K$434K10xas long as short
SunX AAVE-USDT+0.0100%8h146.08−0.100%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.46+0.154%$699K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h146.25+0.017%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.15−0.056%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h146.27+0.028%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.08−0.103%$786K$3.1M50xas long as short