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+0.0338%/8h= +37.0% APRnext payment +$0.42 per $10,000 · paid last 24h +0.009%
Price spread now: GMX against Polymarket Perps+0.003%7-day average +0.009% · 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)−0.175%−$18 on $10k
Price spread, last 3 days (all we have)+0.141%+$14 · spread now +0.003%, 7d avg +0.009%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.175%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AAVE-USD145.140.0100pay 0.0013% / 1h11m 19s$127K$467K10x
ShortGMX AAVE/USD [AAVE-USDC]145.14L +0.0267% / S −0.0438%get 0.0055% / 1h11m 19s$125K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. 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
$70.89
Price spread: +0.003% → +0.009%
−$0.64
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$50.25
Costs to cover
0.200%
Break-even
2.0 days
Slippage unknown: Polymarket Perps: live order book, 6 min ago; GMX: 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 Polymarket Perps live order book, 6 min ago2.41 bp8.4 bp −$89.3 bp −$93doesn't fitdoesn't fit
Sell GMX no order-book sample
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
01 Exchange AAVEUSD−0.0136%1h145.08−0.041%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h145.09−0.034%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0035%1h145.11−0.021%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0026%1h145.13−0.007%$255K$465K50xas long as short
dYdX AAVE-USD0.0000%1h145.12−0.013%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.19+0.034%$66K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.14+0.001%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.636%$422$51K12xas long as short
MEXC AAVE_USDT+0.0036%8h145.07−0.048%$30.7M$25.9M200xas long as short
Binance AAVEUSDT+0.0037%8h145.11−0.021%$66.1M$185.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.06−0.058%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.11−0.021%$181K$243K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.11−0.021%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.22+0.057%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0057%8h145.11−0.021%$17.6M$66.9M50xas long as short
Gate AAVE_USDT+0.0066%8h145.05−0.062%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.16+0.017%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.30+0.110%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0099%8h145.02−0.081%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.09−0.037%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.06−0.059%$803K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.21+0.048%$79.8M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h145.14+0.001%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.10−0.027%$331K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.11−0.021%$61.7M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h145.08−0.041%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.07−0.045%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.05−0.062%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.140.000%$30.3M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.10−0.028%$43.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.19+0.034%$347K$725K10xas long as short
Variational Omni AAVE+0.0100%8h145.10−0.030%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.01−0.087%$104K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.10−0.028%$135K$228K50xas long as short
Polymarket Perps AAVE-USDlong+0.0100%1h145.14long leg$127K$467K10x
SunX AAVE-USDT+0.0100%8h145.04−0.067%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.32+0.124%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.09−0.034%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.09−0.038%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0144%8h145.05−0.062%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0267% / S −0.0438%1h145.14+0.003%$125K100x
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06−0.055%$787K$3.0M50xas long as short