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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: Extended against Aevo+0.106%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)−0.266%−$27 · spread now +0.106%, 7d avg −0.071%
Together, before fees−0.274%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 0.177% dearer against Aevo than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP143.680.0088pay 0.0011% / 1h53m 58s$121K$14610x
ShortExtended AAVE-USD143.830.0104get 0.0013% / 1h53m 58s$918K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aevo. 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
$3.36
Price spread: +0.106% → −0.071%
$17.68
Slippage, 4 orders
−$81.8
Fee Aevo: 8 bp × 2 orders
−$16
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$81.76
Costs to cover
1.028%
Break-even
177.3 days
Slippage from Aevo: live order book, 15 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 15 min ago29.39 bp43.5 bp −$43247.1 bp −$2,471doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago3.46 bp6.8 bp −$721.6 bp −$216doesn't fitdoesn't fit

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
Deribit AAVE_USDC-PERPETUAL−0.0446%1h143.58−0.069%$249K$362K50xas long as short
01 Exchange AAVEUSD−0.0064%1h143.41−0.187%$10K$2K5xas long as short
SoDEX AAVE-USD−0.0042%1h143.72+0.028%$5K$302K10xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h143.83+0.102%$3.4M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h143.77+0.064%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.56−0.083%$65K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h143.78+0.070%$5K$98K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.56−0.084%$69K150xas long as short
MEXC AAVE_USDT+0.0033%8h143.88+0.140%$27.6M$24.6M200xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.677%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0034%8h143.81+0.091%$64.9M$185.3M75xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.63−0.034%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.41−0.185%20xas long as short
OKX AAVE-USDT-SWAP+0.0060%8h143.86+0.126%$17.4M$65.8M50xas long as short
Aevo AAVE-PERPlong+0.0088%1h143.68long leg$121K$14610x
RISEx AAVE/USDC+0.0089%1h143.47−0.149%$182K$245K10xas long as short
Lighter AAVE+0.0096%1h143.89+0.144%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.54−0.100%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.36−0.222%$793K$427K10xas long as short
Hyperliquid AAVE+0.0100%1h143.84+0.112%$78.1M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h143.59−0.062%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.68+0.004%$328K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.84+0.112%$61.5M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h143.47−0.146%$45K$236K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+0.613%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.80+0.084%$7.8M$14.9M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.82+0.098%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.79+0.077%$29.7M$18.1M75xas long as short
BingX AAVE-USDC+0.0100%8h143.78+0.070%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.83+0.105%$326K$747K10xas long as short
Variational Omni AAVE+0.0100%8h143.57−0.074%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.39+0.497%$104K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.47+0.550%$454K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.40+0.502%$134K$231K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.52−0.111%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h143.47−0.147%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.77+0.060%$698K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.79+0.077%$4.1M$3.8M50xas long as short
Extended AAVE-USDshort+0.0104%1h143.83+0.106%$918K$1.7M50x
BloFin AAVE-USDT+0.0133%8h143.64−0.027%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h143.53−0.102%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.60−0.055%$769K$2.8M50xas long as short