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+0.0095%/8h= +10.4% APRpaid last 24h 0.000%
Price spread now: Variational Omni against gTrade (Gains Network)−0.123%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.123% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.123% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AAVE/USD144.41L +0.0005% / S −0.0004%pay 0.0001% / 1h48m 16s$70K150x
ShortVariational Omni AAVE144.230.0100get 0.0100% / 8h6h 48m$3.8M$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.123% → 0.000%
−$12.28
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$2.32
Costs to cover
0.100%
Break-even
7.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago3.08 bpdoesn't fit15.6 bp −$156doesn't fitdoesn't fit
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
Deribit AAVE_USDC-PERPETUAL−1.9765%1h141.50−2.015%$246K$362K50xas long as short
ApeX Omni AAVEUSDT−0.0166%1h144.26−0.104%$134K$230K50xas long as short
01 Exchange AAVEUSD−0.0048%1h144.45+0.028%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.49+0.058%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.60+0.133%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.51+0.069%$65K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDlongL +0.0005% / S −0.0004%1h144.41long leg$70K150x
Phoenix AAVE+0.0006%1h144.68+0.187%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.159%$422$51K12xas long as short
MEXC AAVE_USDT+0.0036%8h144.38−0.021%$27.6M$24.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0039%8h144.36−0.035%$65.1M$184.8M75xas long as short
Orderly PERP_AAVE_USDC+0.0043%8h144.36−0.035%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.29−0.081%20xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h144.39−0.014%$17.5M$66.1M50xas long as short
Aevo AAVE-PERP+0.0088%1h144.42+0.006%$122K$14610xas long as short
RISEx AAVE/USDC+0.0089%1h144.48+0.049%$183K$231K10xas long as short
Lighter AAVE+0.0096%1h144.75+0.235%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.53+0.083%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.47+0.042%$800K$427K10xas long as short
Hyperliquid AAVE+0.0100%1h144.50+0.062%$78.5M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.52+0.076%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.59+0.126%$330K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.38−0.021%$61.8M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.46+0.035%$45K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+0.104%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.35−0.042%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.47+0.042%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.39−0.014%$30.0M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.37−0.028%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.69+0.194%$325K$750K10xas long as short
Variational Omni AAVEshort+0.0100%8h144.23−0.123%$3.8M$1.3M
edgeX AAVEUSDC+0.0100%4h143.86−0.379%$104K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.95−0.320%$455K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.47+0.042%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h144.35−0.044%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.42+0.007%$5K$302K10xas long as short
HTX AAVE-USDT+0.0100%8h145.07+0.458%$704K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.59+0.125%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.39−0.013%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+0.083%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h144.38−0.023%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.89+0.332%$777K$2.9M50xas long as short