Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: OKX against Gate−0.007%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.007%, 7d avg −0.008%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	142.02	0.0100	pay 0.0100% / 8h	1h 04m	$8.0M	$16.0M	75x
Short	OKX AAVE-USDT-SWAP	142.01	0.0100	get 0.0100% / 8h	1h 04m	$16.9M	$63.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → −0.008%: $0.14
Slippage, 4 orders: −$16.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$41.75
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; OKX: live order book, 5 min ago.

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 Gate live order book, 4 min ago	0.35 bp	13.9 bp −$14	28.9 bp −$289	39.1 bp −$3,908	44.1 bp −$22.0K
Sell OKX live order book, 5 min ago	0.35 bp	6.2 bp −$6	12.5 bp −$125	56.5 bp −$5,649	doesn't fit

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
dYdX AAVE-USD	0.0000%	1h	142.04	+0.017%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.04	+0.014%	$51K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.00	−0.014%	$215K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.03	+0.007%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.563%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.95	−0.051%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0070%	1h	141.95	−0.049%	$826K	$396K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0080%	8h	141.97	−0.035%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.50	+0.338%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.17	+0.108%	$4.5M	$2.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	141.97	−0.034%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.06	+0.028%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.06	+0.028%	$324K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.00	−0.014%	$63.8M	$188.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.98	−0.028%	$61.4M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAPshort	+0.0100%	8h	142.01	−0.007%	$16.9M	$63.9M	50x
Arcus AAVE-USD	+0.0100%	1h	142.07	+0.035%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.35	+0.232%	$161K	$103K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	142.02	long leg	$8.0M	$16.0M	75x
MEXC AAVE_USDT	+0.0100%	8h	141.98	−0.028%	$24.3M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.01	−0.007%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.03	+0.007%	$29.0M	$17.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.97	−0.035%	—	$43.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.26	+0.169%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.14	+0.082%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.20	+0.127%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.13	+0.077%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.05	+0.021%	$141K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.96	−0.046%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.00	−0.014%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+0.307%	$674K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.02	0.000%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.94	−0.054%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.01	−0.004%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	142.01	−0.007%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0161%	1h	142.13	+0.077%	$77.7M	$36.9M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0168%	1h	142.20	+0.127%	$390K	$727K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.09	+0.049%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.01	−0.006%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.05	+0.021%	$188K	$270K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.29	+0.190%	$755K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.10	+0.058%	$3.4M	$2.1M	50x	as long as short