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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0219%/8h= −24.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.044%
Price spread now: Injective against GMX−4.076%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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 4.076% cheaper against GMX than usual: you would sell low and buy high (−$408 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]142.78L +0.0252% / S −0.0362%pay 0.0032% / 1h21m 19s$112K100x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h21m 19s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$46
Price spread: −4.076% → 0.000%
−$407.6
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$465.62
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample
Sell Injective no order-book sample
GMX 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%1h142.67−0.077%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h142.75−0.024%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.88+0.070%$46K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.780.000%$219K$401K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.78+0.002%$80K150xas long as short
Nado AAVE-PERP+0.0013%1h142.73−0.035%$841K$448K10xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−4.076%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h142.73−0.038%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h142.74−0.028%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.95+0.119%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.83+0.034%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.75−0.022%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.85+0.049%$76.9M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h142.73−0.037%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.780.000%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h142.75−0.021%$63.8M$186.4M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.75−0.021%$61.1M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.76−0.014%$17.1M$64.1M50xas long as short
Arcus AAVE-USD+0.0100%1h142.83+0.035%$64K$205K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.070%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.780.000%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.73−0.035%$25.1M$23.8M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.74−0.028%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.66−0.084%$29.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h142.76−0.014%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.84+0.042%$336K$719K10xas long as short
Variational Omni AAVE+0.0100%8h142.60−0.127%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.74−0.029%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.72−0.043%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.82+0.028%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.780.000%$125K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.74−0.026%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.82+0.028%$5K$292K10xas long as short
HTX AAVE-USDT+0.0100%8h143.00+0.154%$688K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.87+0.063%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.76−0.016%$896K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.79+0.010%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h142.73−0.034%$178K$242K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.74−0.028%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0252% / S −0.0362%1h142.78long leg$112K100x
Kraken Futures PF_AAVEUSD+0.0324%1h142.89+0.077%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.95+0.119%$793K$2.8M50xas long as short