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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0322%/8h= −35.3% APRnext payment $0.40 per $10,000 · paid last 24h −0.010%
Price spread now: 01 Exchange against GMX+0.015%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AAVE/USD [AAVE-USDC]144.00L +0.0258% / S −0.0409%pay 0.0032% / 1h55m 10s$124K100x
Short01 Exchange AAVEUSD144.02−0.0064pay 0.0008% / 1h55m 10s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$67.66
Price spread: +0.015% → 0.000%
$1.51
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$85.15
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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 41 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
ApeX Omni AAVEUSDT−0.0648%1h143.72−0.193%$134K$219K50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0167%1h143.93−0.047%$244K$370K50xas long as short
01 Exchange AAVEUSDshort−0.0064%1h144.02+0.015%$11K$2K5x
dYdX AAVE-USD0.0000%1h144.11+0.080%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.12+0.085%$72K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.00+0.001%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.59+0.411%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.888%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.92−0.056%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.94−0.040%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0088%8h144.09+0.064%$17.3M$63.5M50xas long as short
MEXC AAVE_USDT+0.0092%8h144.07+0.050%$26.4M$23.4M200xas long as short
Binance AAVEUSDT+0.0093%8h144.05+0.036%$65.0M$181.0M75xas long as short
Lighter AAVE+0.0096%1h144.24+0.169%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.11+0.074%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.96−0.027%$801K$409K10xas long as short
Hyperliquid AAVE+0.0100%1h144.11+0.078%$78.0M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h144.06+0.043%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.15+0.105%$329K$433K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.06+0.043%$61.6M$63.8M75xas long as short
Arcus AAVE-USD+0.0100%1h144.06+0.043%$45K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h144.04+0.032%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.00+0.001%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.04+0.029%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.92−0.054%$29.9M$17.1M75xas long as short
BingX AAVE-USDC+0.0100%8h143.99−0.006%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.49+0.341%$323K$716K10xas long as short
Variational Omni AAVE+0.0100%8h144.60+0.419%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.85−0.104%$104K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.82−0.123%$451K$3.8M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.03+0.022%$126K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.94−0.038%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.97−0.020%$5K$291K10xas long as short
HTX AAVE-USDT+0.0100%8h144.28+0.194%$698K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.10+0.071%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.90−0.065%$917K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.98−0.014%$122K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h144.10+0.072%$199K$228K10xas long as short
GMX AAVE/USD [AAVE-USDC]longL +0.0258% / S −0.0409%1h144.00long leg$124K100x
Kraken Futures PF_AAVEUSD+0.0267%1h144.10+0.072%$3.5M$2.0M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.56+0.390%$777K$2.8M50xas long as short