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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.18 per $10,000 · paid last 24h −0.035%
Price spread now: Extended against GMX−0.031%7-day average −0.097% · 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)+0.133%+$13 on $10k
Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.031%, 7d avg −0.097%
Together, before fees+0.009%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.066% dearer against GMX than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.097%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 3 days funding on this pair paid +0.133%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]141.00L +0.0252% / S −0.0360%pay 0.0031% / 1h21m 53s$110K100x
ShortExtended AAVE-USD140.960.0104get 0.0013% / 1h21m 53s$910K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
−$31.07
Price spread: −0.031% → −0.097%
$6.64
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$41.44
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 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 GMX no order-book sample
Sell Extended live order book, 1 min ago3.90 bp8.4 bp −$821.2 bp −$212doesn't fitdoesn't fit
GMX: 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
dYdX AAVE-USD0.0000%1h141.09+0.066%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.06+0.042%$45K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.00−0.001%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.01+0.008%$78K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−2.866%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h140.94−0.042%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h140.96−0.029%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.16+0.115%$4.5M$2.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.01+0.004%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h140.97−0.026%$823K$397K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h141.14+0.098%$77.1M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.06+0.045%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.10+0.072%$328K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.01+0.007%$63.1M$191.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h140.99−0.008%$60.6M$69.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.99−0.008%$16.6M$64.7M50xas long as short
Arcus AAVE-USD+0.0100%1h141.13+0.091%$91K$221K10xas long as short
Bulk AAVE-USD+0.0100%1h141.09+0.062%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.04+0.028%$8.1M$16.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.00−0.001%$22.9M$24.3M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.03+0.020%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.95−0.036%$28.6M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h140.99−0.008%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h140.88−0.087%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h140.91−0.063%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h140.94−0.041%$443K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.98−0.015%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.04+0.028%$133K$483K10xas long as short
SunX AAVE-USDT+0.0100%8h140.99−0.009%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h140.98−0.015%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h141.15+0.108%$666K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h140.99−0.008%$3.9M$3.6M50xas long as short
Extended AAVE-USDshort+0.0104%1h140.96−0.031%$910K$1.8M50x
01 Exchange AAVEUSD+0.0104%1h141.05+0.035%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.01+0.004%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h141.01+0.006%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h140.96−0.029%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0245%1h141.05+0.031%$188K$292K10xas long as short
Backpack AAVE_USDC_PERP+0.0250%1h141.11+0.077%$384K$732K10xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0252% / S −0.0360%1h141.00long leg$110K100x
Coinbase International AAVE-PERP-INTX+0.0256%1h141.15+0.106%$751K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0272%1h141.04+0.029%$3.4M$2.1M50xas long as short