Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Aster against ApeX Omni+0.204%89s7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.471% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 4 days (all we have)−0.399%−$40 · spread now +0.204%, 7d avg −0.003%

Together, before fees−0.414%+ Points / potential airdropAster: Stage 5 · farm board−$41 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: Aster is 0.207% dearer against ApeX Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.003%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	143.30	0.0100	pay 0.0013% / 1h	44m 07s	$133K	$219K	50x
Short	Aster AAVEUSDT	143.59	0.0100	get 0.0100% / 8h	5h 44m	$1.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.204%Rate

Funding earned: $0
Price spread: +0.204% → −0.003%: $20.7
Slippage, 4 orders: −$29.11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.4
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 17 min ago; Aster: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 17 min ago	4.85 bp	13.0 bp −$13	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	3.84 bp	13.3 bp −$13	28.3 bp −$283	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0064%	1h	143.56	+0.181%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.55	+0.172%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.68	+0.265%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.54	+0.167%	$238K	$377K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.49	+0.135%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.424%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.52	+0.154%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.52	+0.151%	—	—	20x	as long as short
Phoenix AAVE	+0.0089%	1h	143.48	+0.126%	$5K	$98K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0095%	8h	143.67	+0.258%	$17.2M	$63.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.76	+0.322%	$4.6M	$1.5M	10x	as long as short
MEXC AAVE_USDT	+0.0098%	8h	143.60	+0.209%	$26.1M	$23.5M	200x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.63	+0.230%	$64.5M	$183.3M	75x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.55	+0.176%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.61	+0.216%	$833K	$431K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.70	+0.279%	$77.7M	$35.3M	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	143.59	+0.204%	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	143.59	+0.201%	$327K	$433K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.66	+0.251%	$61.4M	$64.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.60	+0.209%	$44K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.56	+0.179%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.61	+0.216%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.59	+0.202%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.63	+0.230%	$30.1M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.59	+0.202%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.67	+0.258%	$320K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.37	+0.049%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.01	−0.199%	$103K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.97	−0.228%	$448K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDTlong	+0.0100%	1h	143.30	long leg	$133K	$219K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	143.57	+0.188%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.54	+0.166%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.55	+0.174%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.423%	$696K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.61	+0.216%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.51	+0.148%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.58	+0.197%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.61	+0.219%	$196K	$231K	10x	as long as short
BloFin AAVE-USDT	+0.0219%	8h	143.52	+0.154%	—	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.48	+0.126%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.64	+0.239%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.85	+0.384%	$778K	$2.8M	50x	as long as short