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+0.0298%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h +0.036%
Price spread now: GMX against Aevo−0.017%7-day average +0.036% · 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)−0.161%−$16 on $10k
Price spread, last 3 days (all we have)+0.025%+$2 · spread now −0.017%, 7d avg +0.036%
Together, before fees−0.136%−$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.053% cheaper against Aevo than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.036%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 3 days funding on this pair cost −0.161%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP144.370.0104pay 0.0013% / 1h0m 25s$122K$14610x
ShortGMX AAVE/USD [AAVE-USDC]144.35L +0.0255% / S −0.0402%get 0.0050% / 1h0m 25s$125K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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
$62.63
Price spread: −0.017% → +0.036%
−$5.26
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$29.37
Costs to cover
0.280%
Break-even
3.7 days
Slippage unknown: Aevo: live order book, 3 min ago; 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 Aevo live order book, 3 min ago21.82 bp37.6 bp −$38194.2 bp −$1,942doesn't fitdoesn't fit
Sell GMX no order-book sample
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 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
Kraken Futures PF_AAVEUSD−0.0034%1h144.49+0.081%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0032%1h144.37−0.001%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h144.47+0.065%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.29−0.057%$71K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.36−0.008%$245K$370K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.36−0.006%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.47+0.068%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.134%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.30−0.049%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.36−0.008%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0088%8h144.35−0.015%$26.6M$25.0M200xas long as short
OKX AAVE-USDT-SWAP+0.0089%8h144.33−0.029%$17.3M$63.9M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.43+0.039%$200K$229K10xas long as short
Binance AAVEUSDT+0.0090%8h144.34−0.022%$65.1M$181.8M75xas long as short
Lighter AAVE+0.0096%1h144.63+0.175%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.39+0.012%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.38+0.007%$803K$414K10xas long as short
Hyperliquid AAVE+0.0100%1h144.52+0.103%$78.2M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h144.40+0.022%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.43+0.042%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.34−0.022%$61.8M$64.0M75xas long as short
Arcus AAVE-USD+0.0100%1h144.42+0.033%$45K$181K10xas long as short
Gate AAVE_USDT+0.0100%8h144.36−0.008%$7.8M$15.3M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.41+0.026%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.37−0.001%$30.0M$17.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.35−0.015%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.48+0.075%$323K$718K10xas long as short
Variational Omni AAVE+0.0100%8h144.37−0.001%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.38+0.006%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.47+0.070%$453K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.40+0.019%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.42+0.033%$126K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h144.370.000%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.39+0.013%$5K$291K10xas long as short
HTX AAVE-USDT+0.0100%8h144.50+0.090%$699K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.45+0.054%$4.1M$3.8M50xas long as short
Bulk AAVE-USD+0.0100%1h144.07−0.212%$58K$2K10xas long as short
Extended AAVE-USD+0.0104%1h144.35−0.012%$917K$1.7M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h144.37long leg$122K$14610x
GMX AAVE/USD [AAVE-USDC]shortL +0.0255% / S −0.0402%1h144.35−0.017%$125K100x
Coinbase International AAVE-PERP-INTX+0.0296%1h144.53+0.110%$776K$2.8M50xas long as short