Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h +0.021%

Price spread now: 01 Exchange against Gate−0.021%7-day average — · you buy dearer than you sell

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

Long on Gate Short on 01 Exchange

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—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.021% cheaper against Gate than usual: you would sell low and buy high (−$2 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	Gate AAVE_USDT	144.41	0.0100	pay 0.0100% / 8h	6h 01m	$7.8M	$15.2M	75x
Short	01 Exchange AAVEUSD	144.38	−0.0032	pay 0.0004% / 1h	1m 10s	$11K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.021%Rate

Funding earned: −$27.72
Price spread: −0.021% → 0.000%: −$2.08
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$51.8
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; 01 Exchange: 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 Gate live order book, 3 min ago	1.73 bp	15.1 bp −$15	28.2 bp −$282	46.8 bp −$4,679	52.6 bp −$26.3K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 41 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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.49	+0.055%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSDshort	−0.0032%	1h	144.38	−0.021%	$11K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	144.47	+0.039%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.29	−0.083%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.36	−0.035%	$245K	$370K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.42	+0.007%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.47	+0.042%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.159%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.34	−0.047%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.39	−0.014%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0087%	8h	144.38	−0.021%	$26.6M	$25.0M	200x	as long as short
OKX AAVE-USDT-SWAP	+0.0088%	8h	144.40	−0.007%	$17.3M	$64.0M	50x	as long as short
Binance AAVEUSDT	+0.0089%	8h	144.40	−0.007%	$65.1M	$182.0M	75x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.42	+0.005%	$200K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.60	+0.132%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.36	−0.034%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.34	−0.045%	$803K	$415K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.50	+0.062%	$78.2M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.41	−0.002%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.39	−0.014%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.42	+0.007%	$61.8M	$64.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.40	−0.007%	$45K	$181K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	144.41	long leg	$7.8M	$15.2M	75x
KuCoin AAVEUSDTM	+0.0100%	8h	144.44	+0.021%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.46	+0.035%	$30.1M	$17.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.42	+0.007%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.48	+0.048%	$323K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.37	−0.028%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	−0.020%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.47	+0.044%	$453K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.40	−0.007%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.38	−0.021%	$126K	$421K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.34	−0.046%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.39	−0.014%	$5K	$291K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.50	+0.064%	$699K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.45	+0.028%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	−0.239%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.32	−0.062%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.41	0.000%	$122K	$146	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0255% / S −0.0401%	1h	144.41	+0.003%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.53	+0.083%	$776K	$2.8M	50x	as long as short