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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h +0.037%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.073%7-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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and gTrade (Gains Network) is 0.073% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AAVEUSD144.870.0054pay 0.0007% / 1h29m 05s$3.5M$2.1M50x
ShortgTrade (Gains Network) AAVE/USD144.76L +0.0005% / S −0.0004%get 0.0000% / 1h29m 05s$70K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Kraken Futures. 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
−$10.55
Price spread: −0.073% → 0.000%
−$7.26
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$37.81
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; gTrade (Gains Network): 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 Kraken Futures live order book, 5 min ago5.52 bp12.9 bp −$1320.3 bp −$203doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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
01 Exchange AAVEUSD−0.0160%1h144.71−0.109%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0059%1h144.72−0.102%$5K$298K10xas long as short
Phoenix AAVE−0.0045%1h144.37−0.344%$5K$100K10xas long as short
dYdX AAVE-USD0.0000%1h144.63−0.163%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.57−0.206%$68K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.75−0.082%$254K$480K50xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h144.76−0.073%$70K150x
MEXC AAVE_USDT+0.0031%8h144.79−0.054%$30.8M$25.8M200xas long as short
Binance AAVEUSDT+0.0032%8h144.76−0.074%$65.9M$185.9M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.459%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.70−0.118%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.76−0.075%$180K$246K10xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h144.68−0.130%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h144.85−0.013%$17.6M$66.9M50xas long as short
Gate AAVE_USDT+0.0054%8h144.84−0.019%$7.8M$15.9M75xas long as short
Kraken Futures PF_AAVEUSDlong+0.0054%1h144.87long leg$3.5M$2.1M50x
Aevo AAVE-PERP+0.0088%1h144.77−0.071%$122K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0090%8h144.44−0.296%$451K$3.8M10xas long as short
Lighter AAVE+0.0096%1h144.98+0.074%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.60−0.189%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.63−0.164%$800K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.93+0.043%$79.6M$34.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.72−0.101%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.66−0.141%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.83−0.026%$61.5M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h144.72−0.102%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h144.27−0.415%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.74−0.088%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.81−0.040%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.85−0.013%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.95+0.056%$381K$713K10xas long as short
Variational Omni AAVE+0.0100%8h144.42−0.311%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.64−0.159%$103K$316K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.64−0.157%$134K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.77−0.068%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.68−0.127%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.08+0.145%$695K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.69−0.123%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.69−0.124%$931K$1.8M50xas long as short
BloFin AAVE-USDT+0.0126%8h144.71−0.109%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.75−0.081%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h144.84−0.019%$784K$3.0M50xas long as short