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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.107%
Price spread now: GMX against 01 Exchange−0.001%47s7-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 4 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: +$9 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange AAVEUSD142.910.0072pay 0.0009% / 1h0m 27s$10K$2K5x
ShortGMX AAVE/USD [AAVE-USDC]142.91L +0.0252% / S −0.0360%get 0.0045% / 1h0m 27s$111K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against 01 Exchange. 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
$60.45
Price spread: −0.001% → 0.000%
−$0.14
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$41.31
Costs to cover
0.190%
Break-even
2.2 days
Slippage unknown: 01 Exchange: no order-book sample; GMX: 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 01 Exchange no order-book sample
Sell GMX no order-book sample
01 Exchange and 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
Phemex AAVEUSDT−0.0121%8h143.00+0.063%$4.0M$3.6M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0030%1h142.92+0.007%$211K$360K50xas long as short
dYdX AAVE-USD0.0000%1h142.87−0.026%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.07+0.112%$51K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.88−0.021%$82K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.163%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.87−0.029%20xas long as short
01 Exchange AAVEUSDlong+0.0072%1h142.91long leg$10K$2K5x
Orderly PERP_AAVE_USDC+0.0093%8h142.83−0.056%$17K$6K10xas long as short
SoDEX AAVE-USD+0.0093%1h142.90−0.007%$6K$285K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.02+0.078%$4.6M$2.6M10xas long as short
Phoenix AAVE+0.0096%1h143.07+0.112%$4K$99K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.79−0.085%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h142.84−0.045%$826K$385K10xas long as short
Hyperliquid AAVE+0.0100%1h142.93+0.014%$78.2M$36.7M10xas long as short
Aster AAVEUSDT+0.0100%8h142.87−0.025%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.86−0.035%$348K$366K10xas long as short
Binance AAVEUSDT+0.0100%8h142.83−0.056%$63.9M$186.8M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.81−0.070%$61.6M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.82−0.063%$16.6M$63.1M50xas long as short
Arcus AAVE-USD+0.0100%1h143.01+0.070%$98K$228K10xas long as short
Bulk AAVE-USD+0.0100%1h142.71−0.142%$165K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h142.86−0.035%$8.1M$16.6M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.81−0.070%$22.6M$24.4M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.83−0.056%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.82−0.063%$29.0M$17.4M75xas long as short
BingX AAVE-USDT+0.0100%8h142.80−0.077%$43.4Mas long as short
Variational Omni AAVE+0.0100%8h142.82−0.064%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.97+0.041%$110K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.03+0.084%$449K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.05+0.098%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.85−0.042%$133K$466K10xas long as short
SunX AAVE-USDT+0.0100%8h143.05+0.099%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.09+0.127%$671K$5.3M75xas long as short
Extended AAVE-USD+0.0104%1h142.79−0.086%$916K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.93+0.011%$121K$14610xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h143.20+0.203%$761K$2.7M50xas long as short
BloFin AAVE-USDT+0.0220%8h142.87−0.028%$3.2M$3.5M100xas long as short
RISEx AAVE/USDC+0.0223%1h142.94+0.021%$173K$275K10xas long as short
Backpack AAVE_USDC_PERP+0.0226%1h143.05+0.098%$389K$731K10xas long as short
Kraken Futures PF_AAVEUSD+0.0246%1h143.02+0.078%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]shortL +0.0252% / S −0.0360%1h142.91−0.001%$111K100x