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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: RISEx against ApeX Omni+0.067%54s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.067%, 7d avg −0.015%
Together, before fees−0.302%−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.082% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT143.970.0100pay 0.0013% / 1h32m 20s$134K$220K50x
ShortRISEx AAVE/USDC144.070.0195get 0.0024% / 1h32m 20s$188K$235K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$19.97
Price spread: +0.067% → −0.015%
$8.24
Slippage, 4 orders
−$18.82
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$6.62
Costs to cover
0.348%
Break-even
9.3 days
Slippage from ApeX Omni: live order book, 29 min ago; RISEx: live order book, 31 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, 29 min ago4.85 bp13.0 bp −$13100.5 bp −$1,005doesn't fitdoesn't fit
Sell RISEx live order book, 31 min ago1.84 bp4.8 bp −$59.9 bp −$99doesn'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−0.0064%1h144.00+0.021%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0028%1h143.86−0.076%$228K$389K50xas long as short
dYdX AAVE-USD0.0000%1h144.00+0.018%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.91−0.042%$60K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.97−0.001%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.869%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.87−0.069%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.93−0.028%20xas long as short
Nado AAVE-PERP+0.0053%1h143.95−0.010%$834K$432K10xas long as short
Phoenix AAVE+0.0089%1h143.92−0.035%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.08+0.076%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.99+0.015%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.09+0.083%$77.9M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h144.07+0.068%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.03+0.042%$328K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.95−0.017%$64.5M$182.8M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.95−0.014%$61.5M$64.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.86−0.076%$17.2M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h144.03+0.042%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.90−0.049%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.99+0.014%$7.9M$15.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.00+0.021%$26.0M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.02+0.035%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.85−0.083%$30.2M$17.3M75xas long as short
BingX AAVE-USDC+0.0100%8h143.96−0.007%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.12+0.104%$321K$719K10xas long as short
Variational Omni AAVE+0.0100%8h143.76−0.148%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.84−0.089%$104K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.91−0.039%$453K$3.7M10xas long as short
ApeX Omni AAVEUSDTlong+0.0100%1h143.97long leg$134K$220K50x
Polymarket Perps AAVE-USD+0.0100%1h144.02+0.035%$126K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.93−0.028%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.87−0.069%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.08+0.076%$695K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.89−0.056%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.82−0.104%$913K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.88−0.064%$122K$14610xas long as short
RISEx AAVE/USDCshort+0.0195%1h144.07+0.067%$188K$235K10x
BloFin AAVE-USDT+0.0220%8h144.00+0.021%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.95−0.012%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h144.00+0.018%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.05+0.056%$779K$2.8M50xas long as short