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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.005%
Price spread now: edgeX against GMX+0.027%7-day average −0.065% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.141%+$14 on $10k
Price spread, last 3 days (all we have)−0.173%−$17 · spread now +0.027%, 7d avg −0.065%
Together, before fees−0.032%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.091% dearer against GMX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.065%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 3 days funding on this pair paid +0.141%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]145.53L +0.0269% / S −0.0449%pay 0.0034% / 1h5m 08s$127K100x
ShortedgeX AAVEUSDC145.560.0100get 0.0050% / 4h5m 08s$105K$317K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GMX. 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
−$35.55
Price spread: +0.027% → −0.065%
$9.12
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$47.44
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell edgeX live order book, 8 min ago3.76 bp8.4 bp −$811.7 bp −$117doesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD−0.0127%1h145.44−0.059%$5K$305K10xas long as short
01 Exchange AAVEUSD−0.0048%1h145.34−0.127%$11K$2K5xas long as short
Phoenix AAVE−0.0027%1h145.87+0.237%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0025%1h145.47−0.038%$254K$391K50xas long as short
dYdX AAVE-USD0.0000%1h145.41−0.077%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.41−0.079%$77K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.58+0.036%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.53+0.007%$71K150xas long as short
Binance AAVEUSDT+0.0028%8h145.63+0.072%$66.4M$187.8M75xas long as short
MEXC AAVE_USDT+0.0028%8h145.44−0.059%$29.6M$26.1M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AAVE/USDC PERP+0.0033%1h136.96−5.886%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.40−0.083%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.41−0.079%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0066%8h145.46−0.045%$17.8M$67.5M50xas long as short
Gate AAVE_USDT+0.0072%8h145.41−0.079%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.44−0.062%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.65+0.082%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.28−0.168%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.33−0.134%$800K$445K10xas long as short
Hyperliquid AAVE+0.0100%1h145.58+0.038%$80.0M$35.0M10xas long as short
Aster AAVEUSDT+0.0100%8h145.42−0.074%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.30−0.157%$332K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.43−0.066%$62.0M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.34−0.127%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.59+0.043%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.42−0.072%$9.9M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.39−0.093%$30.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.42−0.072%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.55+0.017%$348K$747K10xas long as short
Variational Omni AAVE+0.0100%8h145.20−0.227%$3.8M$1.4Mas long as short
edgeX AAVEUSDCshort+0.0100%4h145.56+0.027%$105K$317K20x
GRVT AAVE_USDT_Perp+0.0100%8h145.55+0.015%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.47−0.038%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.47−0.038%$127K$455K10xas long as short
SunX AAVE-USDT+0.0100%8h145.42−0.070%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.81+0.192%$689K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.50−0.017%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.41−0.082%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h145.40−0.090%$184K$247K10xas long as short
BloFin AAVE-USDT+0.0110%8h145.45−0.052%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0269% / S −0.0449%1h145.53long leg$127K100x
Coinbase International AAVE-PERP-INTX+0.0280%1h145.65+0.086%$791K$3.0M50xas long as short