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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Arcus−0.166%46s7-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 4 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.166% cheaper against Arcus 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. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AAVE-USD140.770.0100pay 0.0013% / 1h31m 33s$94K$228K10x
ShortgTrade (Gains Network) AAVE/USD140.54L +0.0005% / S −0.0004%get 0.0000% / 1h31m 33s$78K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Arcus. 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
−$20.19
Price spread: −0.166% → 0.000%
−$16.62
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$51.31
Costs to cover
0.145%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 2 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 Arcus live order book, 2 min ago1.06 bp7.3 bp −$718.3 bp −$183doesn't fitdoesn'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%1h140.56−0.146%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h140.49−0.199%$56K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h140.56−0.149%$212K$392K50xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h140.54−0.166%$78K150x
Injective AAVE/USDC PERP+0.0033%1h136.96−2.707%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h140.61−0.112%20xas long as short
Orderly PERP_AAVE_USDC+0.0089%8h140.56−0.149%$17K$8K10xas long as short
01 Exchange AAVEUSD+0.0096%1h140.69−0.057%$10K$2K5xas long as short
Phoenix AAVE+0.0096%1h140.68−0.064%$4K$99K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h140.57−0.140%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h140.65−0.085%$835K$408K10xas long as short
Hyperliquid AAVE+0.0100%1h140.79+0.014%$76.8M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h140.67−0.071%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h140.61−0.117%$327K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h140.68−0.064%$63.2M$192.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h140.63−0.099%$60.7M$69.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.64−0.092%$16.5M$64.6M50xas long as short
Arcus AAVE-USDlong+0.0100%1h140.77long leg$94K$228K10x
Bulk AAVE-USD+0.0100%1h141.17+0.282%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h140.61−0.114%$8.1M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h140.59−0.128%$22.5M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h140.58−0.135%$10.2M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.64−0.092%$28.6M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h140.62−0.107%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h141.05+0.200%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h140.75−0.014%$108K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.16+0.277%$451K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.78+0.007%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h140.72−0.036%$133K$474K10xas long as short
SunX AAVE-USDT+0.0100%8h140.56−0.146%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h140.56−0.149%$5K$299K10xas long as short
HTX AAVE-USDT+0.0100%8h140.68−0.067%$662K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h140.56−0.149%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h140.58−0.136%$906K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h140.85+0.055%$119K$14610xas long as short
Lighter AAVE+0.0160%1h140.80+0.019%$4.5M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0167%1h140.64−0.092%$386K$736K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h140.53−0.170%$748K$2.7M50xas long as short
BloFin AAVE-USDT+0.0220%8h140.80+0.021%$3.2M$3.5M100xas long as short
RISEx AAVE/USDC+0.0223%1h140.69−0.054%$171K$300K10xas long as short
Kraken Futures PF_AAVEUSD+0.0250%1h140.61−0.112%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h140.56−0.151%$110K100xas long as short