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: Polymarket Perps against Aevo+0.286%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$1111.114% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.726%−$73 · spread now +0.286%, 7d avg +0.027%
Together, before fees−0.728%−$73 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: Polymarket Perps is 0.259% dearer against Aevo than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP144.850.0104pay 0.0013% / 1h52m 21s$122K$14610x
ShortPolymarket Perps AAVE-USD145.260.0100get 0.0013% / 1h52m 21s$127K$468K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.286% → +0.027%
$25.86
Slippage, 4 orders
−$87.41
Fee Aevo: 8 bp × 2 orders
−$16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$86.39
Costs to cover
1.114%
Break-even
never at this rate
Slippage from Aevo: live order book, 36 min ago; Polymarket Perps: live order book, 35 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, 36 min ago32.14 bp50.1 bp −$50272.0 bp −$2,720doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 35 min ago2.36 bp7.7 bp −$89.0 bp −$90doesn'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
SoDEX AAVE-USD−0.0193%1h145.16+0.217%$5K$308K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0163%1h145.27+0.293%$247K$477K50xas long as short
01 Exchange AAVEUSD−0.0136%1h145.11+0.182%$11K$2K5xas long as short
ApeX Omni AAVEUSDT−0.0108%1h145.30+0.313%$135K$229K50xas long as short
Phoenix AAVE−0.0044%1h145.35+0.348%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.31+0.320%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.13+0.196%$63K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.34+0.341%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.32+0.325%$3.5M$2.0M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.444%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.21+0.250%20xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h145.26+0.286%$17.7M$65.4M50xas long as short
Orderly PERP_AAVE_USDC+0.0060%8h145.24+0.272%$18K$12K10xas long as short
Gate AAVE_USDT+0.0077%8h145.20+0.244%$7.8M$15.5M75xas long as short
MEXC AAVE_USDT+0.0081%8h145.22+0.258%$32.3M$26.0M200xas long as short
Binance AAVEUSDT+0.0081%8h145.25+0.279%$66.0M$181.0M75xas long as short
Lighter AAVE+0.0096%1h145.33+0.333%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.18+0.231%$181K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.12+0.188%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.14+0.203%$814K$440K10xas long as short
Hyperliquid AAVE+0.0100%1h145.35+0.348%$81.3M$32.2M10xas long as short
Aster AAVEUSDT+0.0100%8h145.16+0.217%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.18+0.230%$330K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.32+0.327%$62.1M$64.7M75xas long as short
Arcus AAVE-USD+0.0100%1h145.12+0.189%$51K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h146.24+0.966%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.11+0.182%$10.0M$8.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.16+0.217%$29.8M$17.8M75xas long as short
BingX AAVE-USDT+0.0100%8h145.29+0.306%$44.3Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.26+0.286%$346K$684K10xas long as short
Variational Omni AAVE+0.0100%8h145.36+0.358%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.47+0.428%$101K$312K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.67+0.567%$461K$4.1M10xas long as short
Polymarket Perps AAVE-USDshort+0.0100%1h145.26+0.286%$127K$468K10x
SunX AAVE-USDT+0.0100%8h145.16+0.218%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.44+0.407%$740K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.26+0.286%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.07+0.153%$941K$1.8M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h144.85long leg$122K$14610x
BloFin AAVE-USDT+0.0202%8h145.31+0.320%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h145.41+0.389%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.34+0.343%$125K100xas long as short