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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0240%/8h= −26.3% APRnext payment $0.30 per $10,000 · paid last 24h −0.044%
Price spread now: gTrade (Gains Network) against GMX+0.028%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.028% dearer against GMX than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]144.18L +0.0244% / S −0.0376%pay 0.0030% / 1h19m 12s$125K100x
ShortgTrade (Gains Network) AAVE/USD144.22L +0.0005% / S −0.0004%get 0.0000% / 1h19m 12s$70K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$50.41
Price spread: +0.028% → 0.000%
$2.75
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$69.66
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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 41 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
Deribit AAVE_USDC-PERPETUAL−0.5710%1h143.46−0.500%$244K$363K50xas long as short
01 Exchange AAVEUSD−0.0040%1h144.26+0.055%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.37+0.131%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.15−0.021%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.16−0.015%$70K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h144.22+0.028%$70K150x
Phoenix AAVE+0.0006%1h144.83+0.450%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.009%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.22+0.027%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.27+0.062%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0065%8h144.22+0.027%$26.8M$24.9M200xas long as short
Binance AAVEUSDT+0.0065%8h144.31+0.092%$65.2M$184.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0079%8h144.30+0.082%$17.3M$65.2M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.29+0.073%$200K$229K10xas long as short
Lighter AAVE+0.0096%1h144.48+0.209%$4.6M$1.5M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.30+0.079%$122K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.26+0.056%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.24+0.044%$802K$423K10xas long as short
Hyperliquid AAVE+0.0100%1h144.31+0.089%$78.1M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h144.21+0.019%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.180.000%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.32+0.096%$61.7M$64.7M75xas long as short
Arcus AAVE-USD+0.0100%1h144.27+0.062%$45K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h144.44+0.181%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.18−0.001%$7.8M$15.2M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.20+0.013%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.22+0.027%$30.0M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h144.17−0.008%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.25+0.048%$322K$743K10xas long as short
Variational Omni AAVE+0.0100%8h144.48+0.206%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.61+0.296%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.81+0.437%$464K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.63+0.311%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.28+0.068%$124K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h144.19+0.003%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.28+0.068%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h144.30+0.085%$699K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.31+0.089%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.23+0.032%$917K$1.7M50xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0244% / S −0.0376%1h144.18long leg$125K100x
Coinbase International AAVE-PERP-INTX+0.0296%1h144.29+0.075%$776K$2.8M50xas long as short