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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.003%
Price spread now: Extended against Aster−0.051%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.051%, 7d avg −0.074%
Together, before fees−0.091%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$9 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 0.023% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.074%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT147.370.0100pay 0.0100% / 8h3h 12m$1.4M$1.1M50x
ShortExtended AAVE-USD147.290.0104get 0.0013% / 1h12m 12s$957K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.051% → −0.074%
$2.3
Slippage, 4 orders
−$22.87
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$32.73
Costs to cover
0.359%
Break-even
279.8 days
Slippage from Aster: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago3.05 bp11.7 bp −$1241.0 bp −$410doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago3.40 bp5.9 bp −$621.6 bp −$216doesn'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
Kraken Futures PF_AAVEUSD−0.0060%1h147.38+0.011%$3.5M$2.0M50xas long as short
Phoenix AAVE−0.0039%1h147.31−0.040%$4K$95K10xas long as short
SoDEX AAVE-USD−0.0025%1h147.30−0.047%$5K$301K10xas long as short
dYdX AAVE-USD0.0000%1h147.23−0.097%$105K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h147.44+0.048%$71K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h147.36−0.006%$211K$432K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h147.36−0.003%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−7.063%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h147.29−0.053%20xas long as short
OKX AAVE-USDT-SWAP+0.0050%8h147.27−0.067%$18.3M$66.0M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_AAVE_USDC+0.0064%8h147.31−0.040%$19K$12K10xas long as short
Nado AAVE-PERP+0.0077%1h147.32−0.033%$830K$437K10xas long as short
01 Exchange AAVEUSD+0.0088%1h147.41+0.028%$11K$2K5xas long as short
MEXC AAVE_USDT+0.0088%8h147.27−0.067%$34.0M$26.0M200xas long as short
Binance AAVEUSDT+0.0089%8h147.28−0.061%$67.0M$178.8M75xas long as short
RISEx AAVE/USDC+0.0090%1h147.38+0.010%$183K$241K10xas long as short
Lighter AAVE+0.0096%1h147.50+0.086%$4.7M$1.7M10xas long as short
Gate AAVE_USDT+0.0096%8h147.26−0.074%$7.8M$15.3M75xas long as short
Paradex AAVE-USD-PERP+0.0100%8h147.31−0.043%$14K$4K20xas long as short
Aster AAVEUSDTlong+0.0100%8h147.37long leg$1.4M$1.1M50x
Pacifica AAVE+0.0100%1h147.30−0.046%$335K$507K10xas long as short
Bybit AAVEUSDT+0.0100%8h147.33−0.027%$62.8M$64.1M75xas long as short
Arcus AAVE-USD+0.0100%1h147.37+0.001%$52K$337K10xas long as short
Bulk AAVE-USD+0.0100%1h147.82+0.306%$62K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h147.32−0.033%$10.2M$8.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h147.23−0.094%$30.2M$17.5M75xas long as short
BingX AAVE-USDC+0.0100%8h147.31−0.040%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h147.38+0.007%$364K$661K10xas long as short
Variational Omni AAVE+0.0100%8h147.60+0.155%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h147.45+0.056%$101K$312K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h147.38+0.006%$465K$4.0M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h147.68+0.211%$137K$232K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h147.38+0.007%$129K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h147.28−0.061%$1K$1.2M20xas long as short
HTX AAVE-USDT+0.0100%8h147.43+0.039%$750K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h147.32−0.033%$4.2M$3.8M50xas long as short
Extended AAVE-USDshort+0.0104%1h147.29−0.051%$957K$1.8M50x
Aevo AAVE-PERP+0.0104%1h147.34−0.017%$124K$14610xas long as short
Coinbase International AAVE-PERP-INTX+0.0208%1h147.41+0.028%$793K$3.0M50xas long as short
BloFin AAVE-USDT+0.0208%8h147.17−0.135%$3.6M$5.4M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0451%1h147.37+0.003%$129K100xas long as short
Hyperliquid AAVE+0.0591%1h147.52+0.102%$84.5M$31.1M10xas long as short