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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.005%
Price spread now: RISEx against Aevo−0.002%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.212%−$21 · spread now −0.002%, 7d avg −0.010%
Together, before fees−0.251%−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP143.390.0104pay 0.0013% / 1h55m 47s$121K$14610x
ShortRISEx AAVE/USDC143.390.0132get 0.0016% / 1h55m 47s$185K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$5.81
Price spread: −0.002% → −0.010%
$0.87
Slippage, 4 orders
−$124.84
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$140.15
Costs to cover
1.468%
Break-even
175.9 days
Slippage from Aevo: live order book, 63 min ago; RISEx: live order book, 62 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, 63 min ago42.45 bp60.1 bp −$60269.4 bp −$2,694doesn't fitdoesn't fit
Sell RISEx live order book, 62 min ago1.30 bp4.3 bp −$412.0 bp −$120doesn'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
dYdX AAVE-USD0.0000%1h143.66+0.182%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.44+0.031%$55K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.47+0.052%$220K$401K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.41+0.007%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.488%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.26−0.093%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h143.42+0.018%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0051%8h143.47+0.052%$4.0M$3.7M50xas long as short
Phoenix AAVE+0.0056%1h143.71+0.220%$4K$106K10xas long as short
Nado AAVE-PERP+0.0083%1h143.33−0.045%$843K$411K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.84+0.308%$4.6M$2.1M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.59+0.134%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.53+0.093%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h143.70+0.213%$329K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h143.77+0.262%$64.2M$187.6M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.80+0.283%$61.8M$67.6M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.76+0.255%$17.2M$64.6M50xas long as short
Arcus AAVE-USD+0.0100%1h143.45+0.038%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h142.53−0.603%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.50+0.073%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.81+0.289%$25.1M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.49+0.066%$10.6M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.51+0.080%$29.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h143.47+0.052%$43.8Mas long as short
Variational Omni AAVE+0.0100%8h143.38−0.010%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.32−0.054%$103K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.36−0.028%$461K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.34−0.038%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.35−0.031%$127K$437K10xas long as short
SunX AAVE-USDT+0.0100%8h143.35−0.033%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.37−0.017%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.55+0.108%$690K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h143.45+0.040%$908K$1.8M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h143.39long leg$121K$14610x
Backpack AAVE_USDC_PERP+0.0117%1h143.53+0.094%$337K$720K10xas long as short
01 Exchange AAVEUSD+0.0120%1h143.40+0.004%$10K$2K5xas long as short
RISEx AAVE/USDCshort+0.0132%1h143.39−0.002%$185K$250K10x
BloFin AAVE-USDT+0.0220%8h143.49+0.066%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0247%1h143.49+0.065%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.40+0.004%$112K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h143.82+0.296%$789K$2.8M50xas long as short
Hyperliquid AAVE+0.0391%1h143.76+0.255%$79.0M$36.7M10xas long as short