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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against Aster−0.410%52s7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 3 days (all we have)+0.621%+$62 · spread now −0.410%, 7d avg −0.002%
Together, before fees+0.791%+ Points / potential airdropAster: Stage 5 · farm board+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.409% cheaper against Aster than usual: you would sell low and buy high (spread −0.410% now, against its 7-day average of −0.002%). If the spread goes back, that is −$41 on $10k: about 22 days of funding at the current rate (+$2 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT146.320.0100pay 0.0100% / 8h58m 16s$1.4M$1.2M50x
ShortBloFin AAVE-USDT145.720.0162get 0.0162% / 8h58m 16s$3.5M$4.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$13.02
Price spread: −0.410% → −0.002%
−$40.87
Slippage, 4 orders
−$17.77
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$65.61
Costs to cover
0.378%
Break-even
42.3 days
Slippage from Aster: live order book, 5 min ago; BloFin: live order book, 5 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 Aster live order book, 5 min ago4.12 bp10.0 bp −$1032.6 bp −$326doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.34 bp9.4 bp −$912.9 bp −$12933.6 bp −$3,364doesn'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
Phoenix AAVE−0.0045%1h145.88−0.301%$5K$99K10xas long as short
01 Exchange AAVEUSD−0.0008%1h146.07−0.171%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0008%1h146.13−0.130%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h145.99−0.224%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.83−0.335%$68K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.17−0.103%$256K$417K50xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.24−0.057%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.25−0.045%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.397%$422$51K12xas long as short
MEXC AAVE_USDT+0.0042%8h146.25−0.048%$30.6M$25.5M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0042%8h146.21−0.078%$66.6M$185.1M75xas long as short
Reya AAVERUSDPERP+0.0044%1h146.22−0.066%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h146.18−0.096%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0064%8h146.16−0.110%$17.9M$67.4M50xas long as short
Gate AAVE_USDT+0.0074%8h146.24−0.055%$7.9M$15.7M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.09−0.154%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.18−0.093%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.04−0.189%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.19−0.089%$809K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h146.42+0.068%$80.9M$34.2M10xas long as short
Aster AAVEUSDTlong+0.0100%8h146.32long leg$1.4M$1.2M50x
Pacifica AAVE+0.0100%1h146.00−0.216%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.20−0.082%$62.4M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.04−0.192%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.363%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.24−0.055%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.23−0.062%$30.6M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h146.19−0.089%$43.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.88−0.301%$351K$724K10xas long as short
Variational Omni AAVE+0.0100%8h145.55−0.530%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.58−0.507%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.61−0.487%$460K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.49−0.568%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.320.000%$128K$466K10xas long as short
SunX AAVE-USDT+0.0100%8h146.11−0.143%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.83−0.332%$698K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.73−0.404%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.09−0.155%$936K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.09−0.158%$186K$246K10xas long as short
BloFin AAVE-USDTshort+0.0162%8h145.72−0.410%$3.5M$4.0M100x
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.24−0.057%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.43+0.075%$795K$3.1M50xas long as short