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+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against MEXC−0.059%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 7 days+0.010%+$1 · spread now −0.059%, 7d avg +0.016%
Together, before fees−0.010%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.074% cheaper against MEXC than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.016%). If the spread goes back, that is −$7 on $10k: about 4.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AAVE_USDT144.870.0034pay 0.0034% / 8h1h 22m$30.8M$25.8M200x
ShortGRVT AAVE_USDT_Perp144.790.0094get 0.0094% / 8h1h 22m$457K$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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
$12.6
Price spread: −0.059% → +0.016%
−$7.44
Slippage, 4 orders
−$8.61
Fee MEXC: 0 bp × 2 orders
$0
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$12.45
Costs to cover
0.176%
Break-even
13.9 days
Slippage from MEXC: live order book, 1 min ago; GRVT: 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 MEXC live order book, 1 min ago0.34 bp2.1 bp −$26.6 bp −$6629.4 bp −$2,942106.1 bp −$53.1K
Sell GRVT live order book, 1 min ago0.69 bp9.2 bp −$922.6 bp −$226doesn't fitdoesn't fit

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−0.0144%1h144.86−0.007%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h144.98+0.076%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0042%1h144.84−0.021%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0026%1h144.870.000%$254K$480K50xas long as short
dYdX AAVE-USD0.0000%1h145.06+0.129%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.84−0.021%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.88+0.009%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.460%$422$51K12xas long as short
MEXC AAVE_USDTlong+0.0034%8h144.87long leg$30.8M$25.8M200x
Binance AAVEUSDT+0.0035%8h145.01+0.097%$66.1M$185.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.78−0.065%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.89+0.013%$180K$244K10xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h144.83−0.028%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h145.03+0.110%$17.6M$66.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.96+0.061%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0059%8h144.88+0.007%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h144.87−0.003%$122K$14610xas long as short
GRVT AAVE_USDT_Perpshort+0.0094%8h144.79−0.059%$457K$3.8M10x
Lighter AAVE+0.0096%1h145.14+0.188%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.69−0.126%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.84−0.017%$801K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h145.07+0.138%$79.7M$33.7M10xas long as short
Aster AAVEUSDT+0.0100%8h144.95+0.056%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.77−0.069%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.03+0.110%$61.6M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h144.84−0.021%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h144.27−0.416%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.89+0.014%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.90+0.021%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.89+0.014%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.00+0.090%$381K$710K10xas long as short
Variational Omni AAVE+0.0100%8h144.67−0.140%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.72−0.104%$103K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.77−0.069%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.90+0.021%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.74−0.087%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.86−0.010%$694K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.86−0.007%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.83−0.029%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0141%8h144.870.000%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.88+0.004%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h144.97+0.069%$787K$3.0M50xas long as short