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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0252%/8h= −27.6% APRnext payment $0.32 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Lighter−0.175%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.175% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AAVE144.130.0256pay 0.0032% / 1h1m 50s$4.6M$2.5M10x
ShortgTrade (Gains Network) AAVE/USD143.88L +0.0005% / S −0.0004%get 0.0000% / 1h1m 50s$80K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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
−$52.94
Price spread: −0.175% → 0.000%
−$17.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$80.42
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; 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 Lighter live order book, 6 min ago3.92 bp4.5 bp −$410.4 bp −$10439.1 bp −$3,908doesn't fit
Sell gTrade (Gains Network) no order-book sample
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 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%1h143.93−0.139%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.90−0.157%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.88−0.171%$219K$396K50xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h143.88−0.175%$80K150x
Nado AAVE-PERP+0.0030%1h143.87−0.178%$835K$400K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.973%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.86−0.187%20xas long as short
Orderly PERP_AAVE_USDC+0.0074%8h143.85−0.192%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.89−0.166%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.97−0.107%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVE+0.0100%1h143.94−0.131%$328K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.91−0.151%$64.7M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.88−0.171%$61.9M$68.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.86−0.185%$17.3M$65.6M50xas long as short
Arcus AAVE-USD+0.0100%1h144.01−0.081%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91−0.151%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.93−0.137%$8.0M$16.3M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.93−0.137%$25.0M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.96−0.116%$10.4M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.91−0.151%$29.4M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h143.90−0.157%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h144.00−0.088%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.01−0.082%$107K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.98−0.100%$455K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.07−0.040%$134K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.98−0.102%$143K$469K10xas long as short
SunX AAVE-USDT+0.0100%8h143.90−0.161%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.88−0.171%$5K$314K10xas long as short
HTX AAVE-USDT+0.0100%8h143.99−0.099%$683K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.90−0.157%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.85−0.190%$915K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.91−0.150%$122K$14610xas long as short
Phoenix AAVE+0.0118%1h144.05−0.053%$4K$106K10xas long as short
01 Exchange AAVEUSD+0.0128%1h143.95−0.123%$11K$2K5xas long as short
Hyperliquid AAVE+0.0165%1h144.12−0.005%$78.8M$37.2M10xas long as short
Backpack AAVE_USDC_PERP+0.0167%1h144.02−0.074%$341K$727K10xas long as short
RISEx AAVE/USDC+0.0207%1h143.96−0.117%$200K$262K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.87−0.178%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0235%1h144.01−0.084%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.88−0.173%$112K100xas long as short
Lighter AAVElong+0.0256%1h144.13long leg$4.6M$2.5M10x
Coinbase International AAVE-PERP-INTX+0.0376%1h143.94−0.130%$768K$2.9M50xas long as short