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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0355%/8h= +38.9% APRnext payment +$0.44 per $10,000 · paid last 24h +0.077%
Price spread now: Coinbase International against gTrade (Gains Network)−0.047%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
Funding pays, the price is against you. Coinbase International is 0.047% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$11 a day). 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
LonggTrade (Gains Network) AAVE/USD142.87L +0.0005% / S −0.0004%pay 0.0001% / 1h19m 26s$80K150x
ShortCoinbase International AAVE-PERP-INTX142.800.0360get 0.0045% / 1h19m 26s$782K$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$74.56
Price spread: −0.047% → 0.000%
−$4.69
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$49.87
Costs to cover
0.200%
Break-even
2.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 4 min ago4.20 bp12.6 bp −$1316.6 bp −$166doesn't fitdoesn't fit
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
dYdX AAVE-USD0.0000%1h142.870.000%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.87+0.002%$50K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.00+0.093%$218K$390K50xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h142.87long leg$80K150x
Nado AAVE-PERP+0.0033%1h142.74−0.085%$832K$397K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.135%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h142.79−0.054%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.82−0.035%20xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h142.84−0.019%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0062%8h142.99+0.086%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSD+0.0096%1h142.93+0.044%$10K$2K5xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.74−0.087%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.86−0.008%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.87−0.001%$327K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.83−0.026%$63.8M$189.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.83−0.026%$61.4M$67.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.83−0.026%$17.0M$64.5M50xas long as short
Arcus AAVE-USD+0.0100%1h142.95+0.058%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h142.57−0.209%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.84−0.019%$8.0M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.85−0.012%$25.4M$24.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.85−0.012%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.81−0.040%$29.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h142.85−0.012%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.99+0.086%$336K$724K10xas long as short
Variational Omni AAVE+0.0100%8h142.73−0.096%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.70−0.118%$104K$280K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.80−0.047%$450K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.76−0.075%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.95+0.058%$132K$449K10xas long as short
SunX AAVE-USDT+0.0100%8h142.75−0.078%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.00+0.093%$5K$310K10xas long as short
HTX AAVE-USDT+0.0100%8h143.10+0.164%$684K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h142.75−0.080%$904K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.88+0.006%$121K$14610xas long as short
RISEx AAVE/USDC+0.0132%1h142.91+0.033%$185K$251K10xas long as short
Hyperliquid AAVE+0.0151%1h143.02+0.107%$78.2M$37.1M10xas long as short
Lighter AAVE+0.0184%1h143.12+0.174%$4.5M$2.3M10xas long as short
BloFin AAVE-USDT+0.0220%8h142.72−0.103%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0248%1h143.11+0.170%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.85−0.012%$112K100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0360%1h142.80−0.047%$782K$2.8M50x