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−0.0035%/8h= −3.8% APRnext payment $0.35 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against Gate−0.021%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days+0.014%+$1 · spread now −0.021%, 7d avg +0.008%
Together, before fees+0.035%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.029% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAVE_USDT145.950.0079pay 0.0079% / 8h42m 50s$7.9M$15.8M75x
ShortMEXC AAVE_USDT145.920.0044get 0.0044% / 8h42m 50s$30.6M$25.7M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
−$7.35
Price spread: −0.021% → +0.008%
−$2.87
Slippage, 4 orders
−$16.28
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$41.5
Costs to cover
0.313%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago0.69 bp14.8 bp −$1529.5 bp −$29542.4 bp −$4,23747.3 bp −$23.6K
Sell MEXC live order book, 1 min ago0.34 bp2.0 bp −$24.3 bp −$4321.6 bp −$2,163104.9 bp −$52.5K

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−0.0092%1h145.96+0.007%$255K$406K50xas long as short
Phoenix AAVE−0.0027%1h146.19+0.164%$5K$99K10xas long as short
SoDEX AAVE-USD−0.0017%1h145.89−0.041%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h146.08+0.090%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.15+0.137%$83K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.00+0.036%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.04+0.065%$71K150xas long as short
01 Exchange AAVEUSD+0.0032%1h146.02+0.048%$11K$2K5xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.160%$422$51K12xas long as short
MEXC AAVE_USDTshort+0.0044%8h145.92−0.021%$30.6M$25.7M200x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.95−0.002%20xas long as short
Binance AAVEUSDT+0.0045%8h145.92−0.022%$66.4M$185.7M75xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h145.93−0.014%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0071%8h145.89−0.041%$17.8M$67.4M50xas long as short
Gate AAVE_USDTlong+0.0079%8h145.95long leg$7.9M$15.8M75x
Lighter AAVE+0.0096%1h146.14+0.132%$4.7M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h145.99+0.026%$123K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.04+0.058%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.99+0.027%$807K$439K10xas long as short
Aster AAVEUSDT+0.0100%8h145.97+0.015%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.06+0.078%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.94−0.007%$62.3M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.04+0.062%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.49+0.372%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.96+0.007%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.90−0.034%$30.5M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h145.94−0.007%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h146.22+0.183%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.06+0.078%$105K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.03+0.057%$461K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.08+0.089%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.06+0.075%$127K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h145.96+0.009%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.09+0.097%$699K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.950.000%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.89−0.039%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.06+0.072%$186K$246K10xas long as short
Backpack AAVE_USDC_PERP+0.0130%1h146.04+0.062%$359K$737K10xas long as short
Hyperliquid AAVE+0.0142%1h146.10+0.103%$80.6M$34.6M10xas long as short
BloFin AAVE-USDT+0.0165%8h145.97+0.014%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.03+0.057%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.23+0.192%$789K$3.0M50xas long as short