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+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Aevo−0.125%50s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1061.057% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.125%, 7d avg −0.045%
Together, before fees+0.016%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.080% cheaper against Aevo than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP144.500.0096pay 0.0012% / 1h29m 29s$122K$14610x
ShortNado AAVE-PERP144.320.0100get 0.0012% / 1h29m 29s$803K$425K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$0.84
Price spread: −0.125% → −0.045%
−$7.97
Slippage, 4 orders
−$82.73
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$112.86
Costs to cover
1.057%
Break-even
947.5 days
Slippage from Aevo: live order book, 39 min ago; Nado: live order book, 39 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, 39 min ago29.39 bp43.5 bp −$43247.1 bp −$2,471doesn't fitdoesn't fit
Sell Nado live order book, 39 min ago1.37 bp8.3 bp −$814.5 bp −$145doesn't fitdoesn't fit

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
01 Exchange AAVEUSD−0.0056%1h144.44−0.042%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.61+0.074%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.49−0.005%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.16−0.235%$70K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.51+0.007%$251K$362K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.22−0.192%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.55+0.035%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.218%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.15−0.242%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.23−0.189%20xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0053%8h144.25−0.173%$26.9M$24.9M200xas long as short
Binance AAVEUSDT+0.0053%8h144.21−0.202%$65.0M$184.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0072%8h144.13−0.256%$17.4M$65.4M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.50−0.001%$189K$231K10xas long as short
Gate AAVE_USDT+0.0091%8h144.29−0.145%$7.8M$15.2M75xas long as short
Lighter AAVE+0.0096%1h144.69+0.129%$4.7M$1.5M10xas long as short
Aevo AAVE-PERPlong+0.0096%1h144.50long leg$122K$14610x
Paradex AAVE-USD-PERP+0.0100%8h144.48−0.012%$14K$4K20xas long as short
Nado AAVE-PERPshort+0.0100%1h144.32−0.125%$803K$425K10x
Hyperliquid AAVE+0.0100%1h144.500.000%$78.3M$35.7M10xas long as short
Aster AAVEUSDT+0.0100%8h144.54+0.027%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.51+0.008%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.18−0.221%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.48−0.014%$45K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h143.50−0.694%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.31−0.131%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.40−0.069%$30.0M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h144.19−0.215%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.66+0.111%$325K$746K10xas long as short
Variational Omni AAVE+0.0100%8h144.14−0.247%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.20−0.211%$104K$319K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.87−0.434%$452K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.20−0.208%$134K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.44−0.042%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h144.50−0.003%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.500.000%$5K$298K10xas long as short
HTX AAVE-USDT+0.0100%8h144.86+0.252%$702K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.44−0.042%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.36−0.096%$917K$1.7M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0238% / S −0.0363%1h144.26−0.165%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.51+0.007%$774K$2.8M50xas long as short