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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.081%
Price spread now: GMX against Aevo+0.015%7-day average +0.029% · 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 4 days (all we have)−0.134%−$13 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.015%, 7d avg +0.029%
Together, before fees−0.116%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP141.690.0104pay 0.0013% / 1h55m 16s$120K$14610x
ShortGMX AAVE/USD [AAVE-USDC]141.71L +0.0253% / S −0.0360%get 0.0045% / 1h55m 16s$110K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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
$53.73
Price spread: +0.015% → +0.029%
−$1.33
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$24.4
Costs to cover
0.280%
Break-even
3.8 days
Slippage unknown: Aevo: live order book, 56 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 Aevo live order book, 56 min ago30.47 bp45.1 bp −$45270.0 bp −$2,700doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0808%1h141.61−0.055%$208K$323K50xas long as short
SoDEX AAVE-USD−0.0126%1h141.68−0.006%$7K$242K10xas long as short
dYdX AAVE-USD0.0000%1h141.73+0.027%$102K$6K10xas long as short
01 Exchange AAVEUSD0.0000%1h141.71+0.015%$10K$1K5xas long as short
Kalshi KXAAVEPERP0.0000%8h141.66−0.020%$45K$1.3M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.89+0.139%$79K150xas long as short
Phemex AAVEUSDT+0.0015%8h141.64−0.034%$3.9M$3.6M50xas long as short
Bybit AAVEUSDT+0.0020%8h141.64−0.034%$61.3M$59.8M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.337%$422$51K12xas long as short
ApeX Omni AAVEUSDT+0.0041%1h141.82+0.093%$132K$221K50xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h141.63−0.044%20xas long as short
Phoenix AAVE+0.0062%1h141.94+0.178%$4K$81K10xas long as short
Orderly PERP_AAVE_USDC+0.0086%8h141.67−0.013%$17K$2K10xas long as short
Lighter AAVE+0.0096%1h141.89+0.145%$4.6M$2.2M10xas long as short
Variational Omni AAVE+0.0100%8h141.67−0.014%$3.7M$692Kas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.66−0.023%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h141.66−0.017%$814K$310K10xas long as short
Hyperliquid AAVE+0.0100%1h141.85+0.114%$77.9M$28.3M10xas long as short
Aster AAVEUSDT+0.0100%8h141.80+0.076%$1.2M$1.1M50xas long as short
Pacifica AAVE+0.0100%1h141.74+0.036%$345K$312K10xas long as short
Binance AAVEUSDT+0.0100%8h141.67−0.015%$63.8M$162.6M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.66−0.020%$16.4M$52.7M50xas long as short
Arcus AAVE-USD+0.0100%1h141.82+0.093%$94K$205K10xas long as short
Gate AAVE_USDT+0.0100%8h141.71+0.015%$8.2M$13.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.68−0.006%$21.9M$21.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.71+0.015%$10.2M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.75+0.043%$29.2M$15.8M75xas long as short
BingX AAVE-USDT+0.0100%8h141.69+0.001%$43.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h141.89+0.142%$388K$601K10xas long as short
edgeX AAVEUSDC+0.0100%4h141.78+0.064%$109K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.84+0.108%$453K$3.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.73+0.029%$134K$370K10xas long as short
SunX AAVE-USDT+0.0100%8h141.68−0.004%$1K$1.1M20xas long as short
HTX AAVE-USDT+0.0100%8h142.12+0.305%$659K$1.4M75xas long as short
Bulk AAVE-USD+0.0100%1h141.78+0.065%$164K$106K10xas long as short
Extended AAVE-USD+0.0104%1h141.63−0.042%$913K$1.5M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h141.69long leg$120K$14610x
RISEx AAVE/USDC+0.0112%1h141.79+0.074%$172K$206K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.69+0.001%$3.3M$3.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0240%1h141.87+0.128%$752K$2.2M50xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0253% / S −0.0360%1h141.71+0.015%$110K100x
Kraken Futures PF_AAVEUSD+0.0306%1h141.78+0.064%$3.5M$1.9M50xas long as short