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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0327%/8h= +35.8% APRnext payment +$0.41 per $10,000 · paid last 24h +0.091%
Price spread now: GMX against Injective+2.955%63s7-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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 2.955% dearer against Injective than usual: you sell high and buy low: +$296 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h19m 11s$422$51K12x
ShortGMX AAVE/USD [AAVE-USDC]141.01L +0.0252% / S −0.0360%get 0.0045% / 1h19m 11s$110K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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
$68.57
Price spread: +2.955% → 0.000%
$295.51
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
$352.06
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample
Sell GMX no order-book sample
Injective and 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%1h141.08+3.005%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.07+3.001%$45K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.25+3.132%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.25+3.130%$79K150xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h141.17+3.076%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h141.20+3.096%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.42+3.259%$4.5M$2.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.04+2.976%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h141.17+3.074%$826K$399K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h141.31+3.176%$77.1M$37.2M10xas long as short
Aster AAVEUSDT+0.0100%8h141.29+3.159%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.10+3.023%$328K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.26+3.138%$63.4M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.21+3.103%$60.7M$69.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.23+3.118%$16.6M$64.8M50xas long as short
Arcus AAVE-USD+0.0100%1h141.25+3.132%$91K$221K10xas long as short
Gate AAVE_USDT+0.0100%8h141.22+3.110%$8.0M$16.6M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.21+3.103%$22.7M$24.3M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.23+3.118%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.20+3.096%$28.7M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h141.21+3.103%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h140.89+2.870%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h140.92+2.889%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.02+2.965%$444K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.98+2.935%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.26+3.140%$133K$483K10xas long as short
SunX AAVE-USDT+0.0100%8h141.24+3.123%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.23+3.118%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h141.31+3.175%$667K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.23+3.118%$3.9M$3.6M50xas long as short
Bulk AAVE-USD+0.0100%1h141.18+3.081%$163K$106K10xas long as short
Extended AAVE-USD+0.0104%1h141.18+3.084%$910K$1.8M50xas long as short
01 Exchange AAVEUSD+0.0104%1h141.27+3.147%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.26+3.139%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h141.08+3.008%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.21+3.103%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0245%1h141.21+3.106%$189K$292K10xas long as short
Backpack AAVE_USDC_PERP+0.0246%1h141.12+3.037%$384K$732K10xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0252% / S −0.0360%1h141.01+2.955%$110K100x
Coinbase International AAVE-PERP-INTX+0.0256%1h141.10+3.023%$751K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0271%1h141.31+3.175%$3.4M$2.1M50xas long as short