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−0.0276%/8h= −30.2% APRnext payment $0.34 per $10,000 · paid last 24h +0.052%
Price spread now: 01 Exchange against ApeX Omni−0.069%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$8 a day on $10k at the current rate, and 01 Exchange is 0.069% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT144.960.0100pay 0.0013% / 1h37m 20s$135K$229K50x
Short01 Exchange AAVEUSD144.86−0.0176pay 0.0022% / 1h37m 20s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$57.96
Price spread: −0.069% → 0.000%
−$6.9
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$81.86
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 44 min ago; 01 Exchange: 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, 44 min ago6.59 bp14.6 bp −$15100.9 bp −$1,009doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
Deribit AAVE_USDC-PERPETUAL−0.0233%1h144.80−0.110%$254K$480K50xas long as short
01 Exchange AAVEUSDshort−0.0176%1h144.86−0.069%$11K$2K5x
SoDEX AAVE-USD−0.0078%1h144.80−0.110%$5K$298K10xas long as short
Phoenix AAVE−0.0045%1h144.94−0.014%$5K$100K10xas long as short
dYdX AAVE-USD0.0000%1h145.01+0.037%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.12+0.110%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.89−0.048%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.519%$422$51K12xas long as short
Binance AAVEUSDT+0.0035%8h144.80−0.110%$65.8M$185.5M75xas long as short
MEXC AAVE_USDT+0.0035%8h144.82−0.097%$31.1M$25.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.79−0.117%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.93−0.021%$180K$246K10xas long as short
OKX AAVE-USDT-SWAP+0.0049%8h144.80−0.110%$17.6M$66.7M50xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.79−0.117%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.89−0.051%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0060%8h144.90−0.041%$7.8M$15.8M75xas long as short
Bulk AAVE-USD+0.0080%1h144.69−0.189%$61K$3K10xas long as short
Aevo AAVE-PERP+0.0088%1h144.83−0.086%$122K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0092%8h144.94−0.013%$463K$3.8M10xas long as short
Lighter AAVE+0.0096%1h145.08+0.085%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.89−0.045%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.85−0.072%$802K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.95−0.007%$79.6M$34.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.96+0.003%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.94−0.012%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.81−0.103%$61.5M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h144.88−0.055%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.83−0.090%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.90−0.041%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.81−0.103%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.20+0.166%$381K$713K10xas long as short
Variational Omni AAVE+0.0100%8h144.69−0.187%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.85−0.074%$103K$315K20xas long as short
ApeX Omni AAVEUSDTlong+0.0100%1h144.96long leg$135K$229K50x
Polymarket Perps AAVE-USD+0.0100%1h144.90−0.041%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.79−0.115%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.00+0.028%$695K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.76−0.138%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.77−0.131%$929K$1.8M50xas long as short
BloFin AAVE-USDT+0.0139%8h144.86−0.069%$3.4M$4.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.91−0.034%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.26+0.207%$783K$3.0M50xas long as short