Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h −0.008%

Price spread now: Gate against 01 Exchange+0.021%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.021% dearer against 01 Exchange than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	144.48	−0.0048	get 0.0006% / 1h	19m 36s	$11K	$2K	5x
Short	Gate AAVE_USDT	144.51	0.0100	get 0.0100% / 8h	5h 19m	$7.9M	$15.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee GatebpOrdersPrice spread, now +0.021%Rate

Funding earned: $31.08
Price spread: +0.021% → 0.000%: $2.08
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $11.16
Costs to cover: 0.220%
Break-even: 4.5 days

Slippage unknown: 01 Exchange: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	2.08 bp	16.2 bp −$16	30.1 bp −$301	44.0 bp −$4,397	49.6 bp −$24.8K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSDlong	−0.0048%	1h	144.48	long leg	$11K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	144.44	−0.025%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.36	−0.083%	$61K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.35	−0.090%	$229K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.42	−0.042%	$81K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.205%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.34	−0.096%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	144.39	−0.062%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0046%	1h	144.48	0.000%	$834K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.88	−0.415%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	144.68	+0.135%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.49	+0.007%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.61	+0.090%	$78.2M	$35.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.55	+0.046%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.55	+0.047%	$329K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.48	0.000%	$64.7M	$182.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.44	−0.028%	$61.6M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	144.46	−0.014%	$17.3M	$63.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.52	+0.028%	$45K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.91	−0.393%	$58K	$2K	10x	as long as short
Gate AAVE_USDTshort	+0.0100%	8h	144.51	+0.021%	$7.9M	$15.2M	75x
MEXC AAVE_USDT	+0.0100%	8h	144.57	+0.062%	$26.2M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.56	+0.055%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.47	−0.007%	$30.2M	$17.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.46	−0.014%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.41	−0.048%	$322K	$693K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.42	−0.043%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.40	−0.054%	$104K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.31	−0.121%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.44	−0.028%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.42	−0.042%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.37	−0.076%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.35	−0.090%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.42	−0.041%	$695K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.37	−0.076%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.44	−0.031%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.38	−0.066%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.53	+0.033%	$188K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.54	+0.042%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	144.41	−0.051%	$125K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0266%	1h	144.45	−0.021%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.97	−0.353%	$783K	$2.8M	50x	as long as short