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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.04 per $10,000 · paid last 24h −0.009%
Price spread now: gTrade (Gains Network) against Injective+5.998%55s7-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 pays, funding is against you. gTrade (Gains Network) is 5.998% dearer against Injective than usual: you sell high and buy low (spread +5.998% now, against zero (this spread has no 7-day history yet)): +$600 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 months. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h14m 13s$422$51K12x
ShortgTrade (Gains Network) AAVE/USD145.18L +0.0005% / S −0.0004%get 0.0000% / 1h14m 13s$70K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Injective. 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
−$6.19
Price spread: +5.998% → 0.000%
$599.81
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$583.6
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; gTrade (Gains Network): 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 Injective no order-book sample
Sell gTrade (Gains Network) no order-book sample
Injective and 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
01 Exchange AAVEUSD−0.0136%1h145.12+5.958%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h145.16+5.987%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0040%1h145.11+5.951%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0026%1h145.15+5.980%$255K$465K50xas long as short
dYdX AAVE-USD0.0000%1h145.24+6.043%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.07+5.921%$66K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDshortL +0.0005% / S −0.0004%1h145.18+5.998%$70K150x
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
MEXC AAVE_USDT+0.0036%8h145.12+5.958%$30.8M$25.9M200xas long as short
Binance AAVEUSDT+0.0036%8h145.11+5.951%$66.1M$185.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.11+5.947%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.13+5.965%$181K$244K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.11+5.951%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.26+6.057%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0056%8h145.09+5.936%$17.6M$66.9M50xas long as short
Gate AAVE_USDT+0.0063%8h145.10+5.943%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.15+5.977%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.33+6.114%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0097%8h145.01+5.881%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.06+5.917%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.09+5.936%$803K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.22+6.031%$79.8M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h145.16+5.989%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.13+5.968%$331K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.09+5.936%$61.7M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h145.08+5.929%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.07+5.924%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.13+5.965%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.14+5.973%$30.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.12+5.958%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.22+6.031%$347K$725K10xas long as short
Variational Omni AAVE+0.0100%8h145.10+5.941%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.96+5.842%$104K$317K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.94+5.827%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.21+6.024%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h145.09+5.938%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.49+6.229%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.10+5.943%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.08+5.925%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0145%8h145.12+5.958%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.17+5.995%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06+5.914%$787K$3.0M50xas long as short