Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: ApeX Omni against Aster+0.365%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$12as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 3 days (all we have)−0.269%−$27 · spread now +0.365%, 7d avg +0.001%

Together, before fees−0.253%+ Points / potential airdropAster: Stage 5 · farm board−$25 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: ApeX Omni is 0.365% dearer against Aster than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	145.59	0.0100	pay 0.0100% / 8h	9m 24s	$1.3M	$1.2M	50x
Short	ApeX Omni AAVEUSDT	146.12	0.0100	get 0.0013% / 1h	9m 24s	$136K	$229K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now +0.365%Rate

Funding earned: $0
Price spread: +0.365% → +0.001%: $36.46
Slippage, 4 orders: −$30.25
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$11.79
Costs to cover: 0.483%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; ApeX Omni: live order book, 2 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 Aster live order book, 4 min ago	3.76 bp	9.0 bp −$9	33.5 bp −$335	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	5.14 bp	13.3 bp −$13	67.4 bp −$674	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
SoDEX AAVE-USD	−0.0116%	1h	145.88	+0.200%	$5K	$305K	10x	as long as short
01 Exchange AAVEUSD	−0.0040%	1h	145.58	−0.006%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	145.87	+0.194%	$5K	$99K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.05	+0.317%	$255K	$391K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.46	−0.087%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.79	+0.139%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.00	+0.286%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.71	+0.086%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0031%	8h	145.63	+0.030%	$66.4M	$187.3M	75x	as long as short
MEXC AAVE_USDT	+0.0032%	8h	145.62	+0.022%	$29.7M	$26.1M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.926%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.58	−0.006%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.61	+0.015%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0068%	8h	145.63	+0.029%	$17.9M	$67.5M	50x	as long as short
Gate AAVE_USDT	+0.0074%	8h	145.64	+0.036%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.63	+0.032%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.85	+0.178%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.50	−0.063%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.59	+0.001%	$801K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.75	+0.115%	$80.4M	$34.7M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	145.59	long leg	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	145.54	−0.036%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.63	+0.029%	$62.1M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.57	−0.012%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.59	−0.001%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.61	+0.015%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.61	+0.015%	$30.2M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.65	+0.042%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.90	+0.214%	$346K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.93	+0.237%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.13	+0.372%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.99	+0.275%	$466K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDTshort	+0.0100%	1h	146.12	+0.365%	$136K	$229K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	145.65	+0.042%	$128K	$455K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.17	+0.402%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.09	+0.348%	$691K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.99	+0.276%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.45	−0.097%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.62	+0.021%	$184K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0130%	8h	145.93	+0.235%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.70	+0.076%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.27	+0.468%	$789K	$3.0M	50x	as long as short