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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against ApeX Omni+0.066%92s7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.066%, 7d avg −0.079%
Together, before fees−0.262%+ Points / potential airdropExtended: Active · farm board−$26 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: Extended is 0.145% dearer against ApeX Omni than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.079%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT144.940.0100pay 0.0013% / 1h11m 58s$135K$228K50x
ShortExtended AAVE-USD145.040.0104get 0.0013% / 1h11m 58s$931K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.066% → −0.079%
$14.48
Slippage, 4 orders
−$27.09
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$26.77
Costs to cover
0.421%
Break-even
230.1 days
Slippage from ApeX Omni: live order book, 4 min ago; Extended: live order book, 2 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 ApeX Omni live order book, 4 min ago6.90 bp14.3 bp −$1493.3 bp −$933doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago1.72 bp7.2 bp −$721.4 bp −$214doesn'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
01 Exchange AAVEUSD−0.0136%1h145.23+0.200%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.18+0.166%$255K$465K50xas long as short
Phoenix AAVE−0.0045%1h145.09+0.103%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0038%1h145.16+0.152%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h145.12+0.123%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.19+0.172%$66K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.30+0.250%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.506%$422$51K12xas long as short
MEXC AAVE_USDT+0.0036%8h145.06+0.083%$30.7M$25.9M200xas long as short
Binance AAVEUSDT+0.0036%8h145.09+0.103%$66.1M$185.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.19+0.174%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.26+0.223%$181K$244K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.18+0.166%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.26+0.219%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0057%8h145.08+0.097%$17.6M$66.9M50xas long as short
Gate AAVE_USDT+0.0064%8h145.09+0.103%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.22+0.194%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.36+0.291%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0097%8h145.01+0.051%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.16+0.149%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.16+0.155%$803K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.16+0.152%$79.8M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h145.14+0.137%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.20+0.181%$331K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.09+0.103%$61.6M$65.9M75xas long as short
Arcus AAVE-USD+0.0100%1h145.23+0.200%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.07+0.092%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.04+0.069%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.11+0.117%$30.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.08+0.097%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.19+0.172%$347K$725K10xas long as short
Variational Omni AAVE+0.0100%8h145.10+0.108%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.96+0.015%$104K$317K20xas long as short
ApeX Omni AAVEUSDTlong+0.0100%1h144.94long leg$135K$228K50x
Polymarket Perps AAVE-USD+0.0100%1h145.28+0.235%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h145.26+0.223%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.32+0.262%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.09+0.103%$4.1M$3.8M50xas long as short
Extended AAVE-USDshort+0.0104%1h145.04+0.066%$931K$1.7M50x
BloFin AAVE-USDT+0.0144%8h145.05+0.076%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.29+0.241%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06+0.083%$787K$3.0M50xas long as short