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+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.006%
Price spread now: Bulk against ApeX Omni+0.650%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bulk is 0.650% dearer against ApeX Omni than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT145.30−0.0108get 0.0013% / 1h54m 36s$135K$229K50x
ShortBulk AAVE-USD146.240.0100get 0.0013% / 1h54m 36s$61K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$43.66
Price spread: +0.650% → 0.000%
$65.01
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
$91.68
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 31 min ago; Bulk: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 31 min ago8.45 bp16.7 bp −$17101.9 bp −$1,019doesn't fitdoesn't fit
Sell Bulk no order-book sample
Bulk: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSD−0.0200%1h145.35+0.034%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0190%1h145.66+0.248%$5K$308K10xas long as short
ApeX Omni AAVEUSDTlong−0.0108%1h145.30long leg$135K$229K50x
Phoenix AAVE−0.0039%1h145.71+0.282%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.35+0.032%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.59+0.200%$64K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h145.75+0.310%$237K$466K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.74+0.300%$71K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.77+0.322%$3.5M$2.0M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.740%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.61+0.215%20xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h145.12−0.124%$17.8M$65.3M50xas long as short
Orderly PERP_AAVE_USDC+0.0060%8h145.67+0.255%$18K$12K10xas long as short
Gate AAVE_USDT+0.0080%8h145.18−0.083%$7.8M$15.5M75xas long as short
MEXC AAVE_USDT+0.0082%8h145.21−0.062%$32.4M$25.9M200xas long as short
Binance AAVEUSDT+0.0082%8h145.22−0.056%$66.0M$180.8M75xas long as short
Lighter AAVE+0.0096%1h145.49+0.128%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.23−0.046%$181K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.14−0.109%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.64+0.237%$817K$439K10xas long as short
Hyperliquid AAVE+0.0100%1h145.47+0.117%$81.4M$32.2M10xas long as short
Aster AAVEUSDT+0.0100%8h145.35+0.034%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.28−0.011%$330K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.23−0.048%$62.0M$64.6M75xas long as short
Arcus AAVE-USD+0.0100%1h145.19−0.076%$51K$274K10xas long as short
Bulk AAVE-USDshort+0.0100%1h146.24+0.650%$61K$3K10x
KuCoin AAVEUSDTM+0.0100%8h145.39+0.062%$10.0M$8.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.14−0.110%$29.7M$17.7M75xas long as short
BingX AAVE-USDC+0.0100%8h145.13−0.117%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.71+0.282%$348K$683K10xas long as short
Variational Omni AAVE+0.0100%8h145.36+0.044%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.31+0.005%$100K$311K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.35+0.031%$460K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.74+0.303%$127K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h145.68+0.259%$1K$1.2M20xas long as short
HTX AAVE-USDT+0.0100%8h145.79+0.334%$742K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.74+0.303%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.02−0.192%$941K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h145.74+0.303%$123K$14610xas long as short
BloFin AAVE-USDT+0.0202%8h145.59+0.200%$3.6M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h145.89+0.406%$784K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.73+0.293%$125K100xas long as short