Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.013%

Price spread now: Gate against gTrade (Gains Network)−0.008%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Gate

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AAVE/USD	142.47	L +0.0005% / S −0.0004%	pay 0.0001% / 1h	34m 19s	$80K	—	150x
Short	Gate AAVE_USDT	142.46	0.0100	get 0.0100% / 8h	2h 34m	$8.0M	$16.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now −0.008%Rate

Funding earned: $19.96
Price spread: −0.008% → 0.000%: −$0.77
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$5.82
Costs to cover: 0.250%
Break-even: 9.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 4 min ago	1.05 bp	14.4 bp −$14	25.2 bp −$252	42.6 bp −$4,261	48.5 bp −$24.2K

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUAL	−0.2629%	1h	142.00	−0.331%	$216K	$394K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.73	+0.182%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.06	+0.413%	$55K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USDlong	L +0.0005% / S −0.0004%	1h	142.47	long leg	$80K	—	150x
Nado AAVE-PERP	+0.0010%	1h	142.48	+0.010%	$830K	$401K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.868%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.44	−0.023%	—	—	20x	as long as short
Phemex AAVEUSDT	+0.0055%	8h	143.19	+0.505%	$4.0M	$3.6M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0066%	8h	142.40	−0.050%	$18K	$10K	10x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	142.62	+0.105%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.56	+0.064%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.52	+0.035%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.59	+0.086%	$326K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.43	−0.028%	$63.6M	$189.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.37	−0.071%	$61.0M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.36	−0.078%	$17.0M	$64.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.67	+0.140%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.52	+0.036%	$58K	−$0	10x	as long as short
Gate AAVE_USDTshort	+0.0100%	8h	142.46	−0.008%	$8.0M	$16.1M	75x
MEXC AAVE_USDT	+0.0100%	8h	142.54	+0.048%	$25.3M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.54	+0.048%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.44	−0.022%	$29.1M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.48	+0.006%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.78	+0.219%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.65	+0.124%	$105K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.72	+0.175%	$447K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.73	+0.182%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.59	+0.084%	$136K	$462K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.14	+0.471%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.17	+0.491%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	+0.755%	$686K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.50	+0.018%	$905K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.41	−0.044%	$120K	$146	10x	as long as short
Hyperliquid AAVE	+0.0109%	1h	142.66	+0.133%	$78.0M	$37.1M	10x	as long as short
Phoenix AAVE	+0.0118%	1h	142.58	+0.077%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0152%	1h	143.17	+0.491%	$336K	$728K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.62	+0.106%	$188K	$252K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.22	+0.526%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.26	+0.552%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.42	−0.034%	$111K	—	100x	as long as short
Lighter AAVE	+0.0312%	1h	142.82	+0.246%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.23	+0.533%	$778K	$2.9M	50x	as long as short