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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h +0.079%
Price spread now: 01 Exchange against GRVT−0.090%56s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.090% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AAVE_USDT_Perp145.210.0100pay 0.0100% / 8h2h 45m$461K$4.1M10x
Short01 Exchange AAVEUSD145.08−0.0136pay 0.0017% / 1h45m 57s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against GRVT. 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
−$49.56
Price spread: −0.090% → 0.000%
−$8.96
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$74.52
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 3 min ago; 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 GRVT live order book, 3 min ago0.34 bp8.8 bp −$916.2 bp −$16217395.8 bp −$1.74Mdoesn't fit
Sell 01 Exchange no order-book sample
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
Deribit AAVE_USDC-PERPETUAL−0.0370%1h145.01−0.138%$250K$483K50xas long as short
SoDEX AAVE-USD−0.0186%1h144.95−0.179%$5K$311K10xas long as short
01 Exchange AAVEUSDshort−0.0136%1h145.08−0.090%$11K$2K5x
Phoenix AAVE−0.0044%1h145.11−0.069%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.16−0.034%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.20−0.007%$74K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.10−0.075%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.16−0.037%$3.5M$2.0M50xas long as short
ApeX Omni AAVEUSDT+0.0019%1h145.02−0.131%$135K$229K50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.682%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.06−0.106%20xas long as short
OKX AAVE-USDT-SWAP+0.0049%8h144.95−0.179%$17.6M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h145.01−0.138%$18K$12K10xas long as short
Gate AAVE_USDT+0.0062%8h144.99−0.152%$7.7M$15.6M75xas long as short
Nado AAVE-PERP+0.0077%1h145.08−0.091%$805K$444K10xas long as short
Binance AAVEUSDT+0.0078%8h144.98−0.161%$65.9M$181.8M75xas long as short
MEXC AAVE_USDT+0.0079%8h145.00−0.145%$32.2M$26.1M200xas long as short
Lighter AAVE+0.0096%1h145.17−0.030%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.15−0.041%$181K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.08−0.091%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h145.12−0.062%$81.1M$32.5M10xas long as short
Aster AAVEUSDT+0.0100%8h145.05−0.113%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.10−0.072%$331K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.02−0.131%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h145.10−0.076%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h145.14−0.050%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.96−0.172%$10.1M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.98−0.158%$30.2M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h145.00−0.145%$44.3Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.05−0.110%$381K$703K10xas long as short
Variational Omni AAVE+0.0100%8h144.98−0.161%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.18−0.021%$101K$313K20xas long as short
GRVT AAVE_USDT_Perplong+0.0100%8h145.21long leg$461K$4.1M10x
Polymarket Perps AAVE-USD+0.0100%1h145.12−0.062%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.96−0.176%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.36+0.106%$738K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.04−0.117%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.00−0.148%$936K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h145.03−0.125%$122K$14610xas long as short
BloFin AAVE-USDT+0.0199%8h145.12−0.062%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h145.44+0.158%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.10−0.073%$125K100xas long as short