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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Pacifica against Aevo−0.055%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1151.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−0.144%−$14 · spread now −0.055%, 7d avg +0.002%
Together, before fees−0.176%+ Points / potential airdropPacifica: Active · farm board−$18 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: Pacifica is 0.057% cheaper against Aevo than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP144.120.0096pay 0.0012% / 1h12m 47s$122K$14610x
ShortPacifica AAVE144.040.0100get 0.0013% / 1h12m 47s$328K$505K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.055% → +0.002%
−$5.7
Slippage, 4 orders
−$91.5
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$120.36
Costs to cover
1.155%
Break-even
1010.0 days
Slippage from Aevo: live order book, 11 min ago; Pacifica: live order book, 11 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, 11 min ago34.26 bp48.4 bp −$48288.9 bp −$2,889doesn't fitdoesn't fit
Sell Pacifica live order book, 11 min ago3.46 bp7.5 bp −$7doesn't fitdoesn'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−0.0374%1h144.16+0.026%$253K$494K50xas long as short
SoDEX AAVE-USD−0.0155%1h144.06−0.043%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0112%1h144.18+0.040%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.39+0.186%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.15+0.016%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.17+0.033%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.22+0.065%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.18+0.039%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.969%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.12−0.002%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0050%8h144.00−0.085%$65.6M$184.8M75xas long as short
MEXC AAVE_USDT+0.0050%8h144.00−0.085%$31.2M$26.4M200xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.13+0.006%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h144.01−0.078%$17.4M$66.0M50xas long as short
Gate AAVE_USDT+0.0056%8h144.03−0.064%$7.7M$15.9M75xas long as short
ApeX Omni AAVEUSDT+0.0079%1h144.26+0.096%$134K$230K50xas long as short
GRVT AAVE_USDT_Perp+0.0086%8h144.18+0.043%$451K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.23+0.077%$4.6M$1.6M10xas long as short
Aevo AAVE-PERPlong+0.0096%1h144.12long leg$122K$14610x
RISEx AAVE/USDC+0.0097%1h144.18+0.038%$179K$245K10xas long as short
Nado AAVE-PERP+0.0100%1h144.15+0.023%$800K$436K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.12+0.002%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.18+0.040%$80.2M$33.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.10−0.013%$1.3M$1.2M50xas long as short
Pacifica AAVEshort+0.0100%1h144.04−0.055%$328K$505K10x
Bybit AAVEUSDT+0.0100%8h144.04−0.057%$61.2M$65.5M75xas long as short
Arcus AAVE-USD+0.0100%1h144.16+0.026%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.10−0.015%$10.2M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.97−0.105%$30.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.02−0.071%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.15+0.019%$380K$708K10xas long as short
Variational Omni AAVE+0.0100%8h144.27+0.102%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.28+0.108%$101K$315K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.21+0.061%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.11−0.010%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.27+0.106%$717K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.11−0.008%$4.1M$3.8M50xas long as short
Bulk AAVE-USD+0.0100%1h144.33+0.148%$61K$3K10xas long as short
Extended AAVE-USD+0.0104%1h143.99−0.093%$924K$1.8M50xas long as short
BloFin AAVE-USDT+0.0170%8h144.02−0.071%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.51+0.269%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.20+0.052%$124K100xas long as short