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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.018%
Price spread now: BingX against gTrade (Gains Network)−0.122%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BingX is 0.122% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.3 days of funding at the current rate (+$3 a day). 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
LonggTrade (Gains Network) AAVE/USD146.28L +0.0005% / S −0.0004%pay 0.0001% / 1h21m 36s$71K150x
ShortBingX AAVE-USDC146.100.0100get 0.0100% / 8h21m 36s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against gTrade (Gains Network). 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
$19.96
Price spread: −0.122% → 0.000%
−$12.24
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$12.28
Costs to cover
0.200%
Break-even
11.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 14 min ago. 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 gTrade (Gains Network) no order-book sample
Sell BingX live order book, 14 min ago0.68 bp14.8 bp −$1539.0 bp −$390255.0 bp −$25.5K650.1 bp −$325.1K
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
SoDEX AAVE-USD−0.0068%1h146.14−0.095%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h145.94−0.232%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h146.16−0.081%$255K$389K50xas long as short
01 Exchange AAVEUSD−0.0016%1h146.13−0.102%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h146.22−0.040%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.04−0.163%$85K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.27−0.006%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h146.28long leg$71K150x
Injective AAVE/USDC PERP+0.0033%1h136.96−6.371%$422$51K12xas long as short
Binance AAVEUSDT+0.0040%8h146.12−0.107%$66.6M$186.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0040%8h146.20−0.054%$29.9M$26.0M200xas long as short
Reya AAVERUSDPERP+0.0044%1h146.34+0.039%20xas long as short
Orderly PERP_AAVE_USDC+0.0053%8h146.17−0.075%$18K$12K10xas long as short
Gate AAVE_USDT+0.0073%8h146.12−0.109%$7.9M$15.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h146.11−0.116%$17.9M$67.8M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.19−0.060%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.35+0.048%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.16−0.082%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.36+0.055%$806K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h146.38+0.069%$80.7M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h146.31+0.024%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.20−0.053%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.13−0.102%$62.3M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h146.13−0.102%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.07−0.143%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.13−0.102%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.05−0.157%$30.4M$18.3M75xas long as short
BingX AAVE-USDCshort+0.0100%8h146.10−0.122%$6.5M
Backpack AAVE_USDC_PERP+0.0100%1h146.29+0.008%$347K$748K10xas long as short
Variational Omni AAVE+0.0100%8h146.07−0.144%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.77−0.349%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.03−0.169%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.72−0.382%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.44+0.110%$128K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h146.15−0.085%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.31+0.023%$692K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.15−0.088%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.07−0.144%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.17−0.073%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0161%8h145.75−0.362%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.32+0.028%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.11−0.116%$789K$3.0M50xas long as short