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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0152%/8h= −16.7% APRpaid last 24h −0.035%
Price spread now: Aster against GMX+0.208%51s7-day average −0.027% · you sell dearer than you buy
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)+0.126%+$13 on $10k
Price spread, last 4 days (all we have)−0.338%−$34 · spread now +0.208%, 7d avg −0.027%
Together, before fees−0.212%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.236% dearer against GMX than usual: you sell high and buy low (spread +0.208% now, against its 7-day average of −0.027%): +$24 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.2 days. Mind the row above: over the last 3 days funding on this pair paid +0.126%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]142.03L +0.0252% / S −0.0362%pay 0.0032% / 1h31m 26s$111K100x
ShortAster AAVEUSDT142.320.0100get 0.0100% / 8h1h 31m$1.2M$1.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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
−$32
Price spread: +0.208% → −0.027%
$23.55
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$28.45
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; Aster: live order book, 2 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 GMX no order-book sample
Sell Aster live order book, 2 min ago3.52 bp13.7 bp −$1428.8 bp −$288doesn't fitdoesn't fit
GMX: 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%1h142.15+0.087%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.09+0.045%$51K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.00−0.018%$216K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.02−0.005%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.567%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.15+0.089%20xas long as short
Nado AAVE-PERP+0.0058%1h142.20+0.123%$826K$391K10xas long as short
Orderly PERP_AAVE_USDC+0.0079%8h141.98−0.032%$18K$10K10xas long as short
Phoenix AAVE+0.0089%1h142.10+0.052%$4K$108K10xas long as short
Lighter AAVE+0.0096%1h142.23+0.147%$4.5M$2.5M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h142.09+0.046%$13K$4K20xas long as short
Aster AAVEUSDTshort+0.0100%8h142.32+0.208%$1.2M$1.2M50x
Pacifica AAVE+0.0100%1h142.16+0.095%$325K$450K10xas long as short
Binance AAVEUSDT+0.0100%8h142.28+0.180%$64.0M$191.8M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.22+0.137%$61.3M$68.0M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.22+0.137%$17.0M$65.1M50xas long as short
Arcus AAVE-USD+0.0100%1h142.36+0.235%$63K$197K10xas long as short
Bulk AAVE-USD+0.0100%1h142.07+0.035%$57K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.20+0.123%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.22+0.137%$24.7M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.28+0.179%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.24+0.151%$29.1M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h142.22+0.137%$43.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.14+0.080%$374K$742K10xas long as short
Variational Omni AAVE+0.0100%8h142.03+0.003%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.12+0.068%$107K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.24+0.152%$447K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.20+0.123%$132K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.28+0.179%$141K$472K10xas long as short
SunX AAVE-USDT+0.0100%8h142.00−0.019%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.99−0.025%$5K$312K10xas long as short
HTX AAVE-USDT+0.0100%8h142.19+0.113%$673K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.08+0.038%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h142.16+0.092%$905K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.02−0.002%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0120%1h142.31+0.200%$10K$2K5xas long as short
Hyperliquid AAVE+0.0169%1h142.36+0.235%$77.9M$37.1M10xas long as short
BloFin AAVE-USDT+0.0220%8h142.22+0.137%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0252% / S −0.0362%1h142.03long leg$111K100x
RISEx AAVE/USDC+0.0256%1h142.33+0.211%$193K$263K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.05+0.017%$753K$2.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0317%1h142.10+0.050%$3.4M$2.1M50xas long as short