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−0.0332%/8h= −36.4% APRnext payment $0.42 per $10,000 · paid last 24h −0.076%
Price spread now: gTrade (Gains Network) against Coinbase International−0.111%52s7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$10 a day on $10k at the current rate, and gTrade (Gains Network) is 0.111% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAVE-PERP-INTX142.820.0336pay 0.0042% / 1h16m 25s$792K$2.8M50x
ShortgTrade (Gains Network) AAVE/USD142.66L +0.0005% / S −0.0004%get 0.0000% / 1h16m 25s$80K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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
−$69.74
Price spread: −0.111% → 0.000%
−$11.06
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$100.8
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago6.65 bp15.0 bp −$1518.0 bp −$180doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSD−0.0144%1h142.63−0.133%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h142.77−0.037%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.78−0.028%$46K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.83+0.007%$219K$401K50xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h142.66−0.111%$80K150x
Nado AAVE-PERP+0.0013%1h142.70−0.084%$841K$448K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.103%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.63−0.135%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h142.80−0.014%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.95+0.091%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD+0.0095%1h142.80−0.014%$5K$293K10xas long as short
Lighter AAVE+0.0096%1h142.82−0.003%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.71−0.076%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.78−0.028%$76.9M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h142.78−0.029%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.73−0.066%$327K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h142.65−0.120%$63.8M$186.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.66−0.112%$61.0M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.65−0.119%$17.1M$64.0M50xas long as short
Arcus AAVE-USD+0.0100%1h142.78−0.028%$64K$203K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.042%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.69−0.091%$8.1M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.64−0.126%$25.1M$23.8M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.68−0.098%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.74−0.056%$29.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h142.66−0.112%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.93+0.077%$337K$718K10xas long as short
Variational Omni AAVE+0.0100%8h142.71−0.078%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.72−0.072%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.78−0.028%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.79−0.021%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.70−0.084%$124K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.75−0.048%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h142.90+0.056%$687K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.70−0.084%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.61−0.149%$896K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.83+0.007%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h142.70−0.086%$178K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.83+0.007%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.85+0.021%$112K100xas long as short
Kraken Futures PF_AAVEUSD+0.0324%1h142.89+0.046%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTXlong+0.0336%1h142.82long leg$792K$2.8M50x