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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.009%
Price spread now: Injective against gTrade (Gains Network)−4.065%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 feesneeds both histories
Funding pays, the price is against you. Injective is 4.065% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −4.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$407 on $10k: about 16 months of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AAVE/USD142.76L +0.0005% / S −0.0004%pay 0.0001% / 1h19m 22s$80K150x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h19m 22s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$5.96
Price spread: −4.065% → 0.000%
−$406.55
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$410.61
Costs to cover
0.100%
Break-even
489.5 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and Injective: 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
01 Exchange AAVEUSD−0.0144%1h142.76−0.003%$10K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0030%1h142.73−0.024%$219K$401K50xas long as short
dYdX AAVE-USD0.0000%1h142.76−0.004%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.82+0.039%$46K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h142.76long leg$80K150x
Nado AAVE-PERP+0.0011%1h142.66−0.069%$841K$448K10xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−4.065%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h142.70−0.045%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h142.71−0.038%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.95+0.130%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.79+0.021%$4.5M$2.0M10xas long as short
SoDEX AAVE-USD+0.0099%1h142.73−0.024%$5K$292K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.74−0.018%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.87+0.074%$76.9M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h142.75−0.009%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.70−0.048%$327K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h142.73−0.022%$63.8M$186.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.75−0.010%$61.1M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.73−0.024%$17.1M$64.1M50xas long as short
Arcus AAVE-USD+0.0100%1h142.88+0.081%$64K$203K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.081%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.77+0.004%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.79+0.018%$25.2M$23.8M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.79+0.018%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.69−0.052%$29.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h142.74−0.017%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.85+0.060%$336K$719K10xas long as short
Variational Omni AAVE+0.0100%8h142.71−0.039%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.74−0.018%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.72−0.032%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.76−0.003%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.80+0.025%$125K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.73−0.022%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.02+0.181%$688K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.72−0.031%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.68−0.057%$896K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.75−0.010%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h142.83+0.047%$178K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.68−0.059%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.77+0.003%$112K100xas long as short
Kraken Futures PF_AAVEUSD+0.0324%1h142.85+0.062%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.95+0.130%$793K$2.8M50xas long as short