Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.026%

Price spread now: gTrade (Gains Network) against Aster−0.026%7-day average — · you buy dearer than you sell

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

Long on Aster Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.026% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	144.45	0.0100	pay 0.0100% / 8h	6h 48m	$1.3M	$1.2M	50x
Short	gTrade (Gains Network) AAVE/USD	144.41	L +0.0005% / S −0.0004%	get 0.0000% / 1h	48m 02s	$70K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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 AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.026%Rate

Funding earned: −$20.19
Price spread: −0.026% → 0.000%: −$2.6
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$40.8
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 5 min ago	3.12 bp	8.6 bp −$9	30.2 bp −$302	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Deribit AAVE_USDC-PERPETUAL	−1.9765%	1h	141.50	−2.041%	$246K	$362K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0166%	1h	144.26	−0.130%	$134K	$230K	50x	as long as short
01 Exchange AAVEUSD	−0.0048%	1h	144.45	+0.002%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.49	+0.031%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.60	+0.107%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.67	+0.154%	$65K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USDshort	L +0.0005% / S −0.0004%	1h	144.41	−0.026%	$70K	—	150x
Phoenix AAVE	+0.0006%	1h	144.68	+0.161%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.184%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	144.45	+0.002%	$27.6M	$24.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0039%	8h	144.45	0.000%	$65.2M	$184.9M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0043%	8h	144.36	−0.061%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.29	−0.107%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	144.43	−0.012%	$17.5M	$66.1M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.42	−0.020%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.48	+0.023%	$183K	$231K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.59	+0.101%	$4.6M	$1.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.53	+0.057%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.47	+0.015%	$800K	$427K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.61	+0.112%	$78.6M	$35.5M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	144.45	long leg	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	144.59	+0.100%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.43	−0.012%	$61.8M	$65.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.46	+0.009%	$45K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.56	+0.078%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.48	+0.022%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.46	+0.009%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.37	−0.054%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.49	+0.029%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.50	+0.036%	$324K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.23	−0.149%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.86	−0.405%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.95	−0.346%	$455K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.47	+0.015%	$125K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.35	−0.070%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.42	−0.019%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.78	+0.227%	$703K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.40	−0.033%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.36	−0.062%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.057%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.38	−0.049%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.89	+0.306%	$777K	$2.9M	50x	as long as short