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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.061%
Price spread now: 01 Exchange against GMX+0.066%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.066% dearer against GMX than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]142.75L +0.0252% / S −0.0362%pay 0.0032% / 1h11m 03s$112K100x
Short01 Exchange AAVEUSD142.840.0096get 0.0012% / 1h11m 03s$10K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$32.84
Price spread: +0.066% → 0.000%
$6.63
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$45.21
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell 01 Exchange no order-book sample
GMX and 01 Exchange: 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
dYdX AAVE-USD0.0000%1h142.74−0.002%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.77+0.017%$51K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.69−0.039%$218K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.74−0.005%$80K150xas long as short
Nado AAVE-PERP+0.0033%1h142.75+0.003%$831K$398K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.053%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h143.19+0.312%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.69−0.041%20xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h142.65−0.067%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0065%8h142.71−0.025%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSDshort+0.0096%1h142.84+0.066%$10K$2K5x
Paradex AAVE-USD-PERP+0.0100%8h142.79+0.033%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.75+0.005%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.83+0.062%$327K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.66−0.062%$63.7M$188.1M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.66−0.060%$61.3M$67.8M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.66−0.060%$17.0M$64.3M50xas long as short
Arcus AAVE-USD+0.0100%1h142.88+0.094%$64K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h142.97+0.157%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.68−0.046%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.66−0.060%$25.8M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.71−0.025%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.65−0.067%$29.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h142.66−0.060%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.77+0.017%$335K$722K10xas long as short
Variational Omni AAVE+0.0100%8h142.66−0.061%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.93+0.127%$104K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.96+0.150%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.98+0.164%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.80+0.038%$132K$450K10xas long as short
SunX AAVE-USDT+0.0100%8h142.71−0.026%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.69−0.039%$5K$310K10xas long as short
HTX AAVE-USDT+0.0100%8h142.90+0.107%$684K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h142.59−0.106%$908K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.71−0.027%$121K$14610xas long as short
Hyperliquid AAVE+0.0109%1h142.80+0.038%$78.1M$37.1M10xas long as short
RISEx AAVE/USDC+0.0132%1h142.83+0.060%$185K$251K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.67−0.053%$3.3M$3.6M100xas long as short
Lighter AAVE+0.0248%1h142.95+0.143%$4.5M$2.4M10xas long as short
Kraken Futures PF_AAVEUSD+0.0248%1h142.78+0.024%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0252% / S −0.0362%1h142.75long leg$112K100x
Coinbase International AAVE-PERP-INTX+0.0360%1h142.91+0.115%$781K$2.8M50xas long as short