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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0468%/8h= +51.2% APRnext payment +$0.58 per $10,000 · paid last 24h +0.050%
Price spread now: GMX against 01 Exchange+0.087%47s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and GMX is 0.087% dearer against 01 Exchange than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange AAVEUSD144.30−0.0048get 0.0006% / 1h16m 39s$11K$2K5x
ShortGMX AAVE/USD [AAVE-USDC]144.43L +0.0263% / S −0.0420%get 0.0052% / 1h16m 39s$125K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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

Funding earned
$98.23
Price spread: +0.087% → 0.000%
$8.67
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$87.9
Costs to cover
0.190%
Break-even
0.7 days
Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample
Sell GMX no order-book sample
01 Exchange and 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 AAVEUSDlong−0.0048%1h144.30long leg$11K$2K5x
dYdX AAVE-USD0.0000%1h144.32+0.015%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.300.000%$59K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.37+0.049%$229K$389K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.42+0.085%$81K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.087%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.35+0.038%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h144.39+0.062%$18K$10K10xas long as short
Nado AAVE-PERP+0.0050%1h144.28−0.014%$833K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.46+0.111%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.51+0.143%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.31+0.007%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.44+0.097%$78.2M$35.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.37+0.047%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.33+0.019%$329K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h144.29−0.007%$64.6M$182.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h144.29−0.007%$61.5M$64.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h144.300.000%$17.2M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h144.33+0.021%$45K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91−0.268%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.32+0.014%$7.9M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.31+0.007%$26.1M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.36+0.042%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.34+0.028%$30.2M$17.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.36+0.042%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.48+0.125%$322K$692K10xas long as short
Variational Omni AAVE+0.0100%8h144.42+0.082%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.42+0.081%$104K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.46+0.110%$461K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.44+0.097%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.42+0.083%$128K$422K10xas long as short
SunX AAVE-USDT+0.0100%8h144.37+0.049%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.36+0.042%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.50+0.138%$696K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.35+0.035%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h144.27−0.023%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.40+0.071%$122K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h144.35+0.035%$188K$235K10xas long as short
BloFin AAVE-USDT+0.0220%8h144.35+0.035%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0263% / S −0.0420%1h144.43+0.087%$125K100x
Kraken Futures PF_AAVEUSD+0.0266%1h144.46+0.109%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.97−0.229%$783K$2.8M50xas long as short