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+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h −0.028%
Price spread now: OKX against Binance+0.042%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$330.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.042%, 7d avg −0.020%
Together, before fees−0.106%−$11 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: OKX is 0.061% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAVEUSDT143.270.0046pay 0.0046% / 8h2h 02m$65.1M$185.3M75x
ShortOKX AAVE-USDT-SWAP143.330.0052get 0.0052% / 8h2h 02m$17.3M$65.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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
$1.41
Price spread: +0.042% → −0.020%
$6.14
Slippage, 4 orders
−$12.97
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$25.42
Costs to cover
0.330%
Break-even
133.4 days
Slippage from Binance: live order book, 11 min ago; OKX: 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 Binance live order book, 11 min ago0.35 bp6.9 bp −$716.2 bp −$16254.4 bp −$5,439doesn't fit
Sell OKX live order book, 1 min ago0.35 bp9.4 bp −$916.2 bp −$16264.3 bp −$6,433doesn'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
Deribit AAVE_USDC-PERPETUAL−0.0448%1h143.23−0.028%$252K$489K50xas long as short
SoDEX AAVE-USD−0.0151%1h143.19−0.056%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0104%1h143.10−0.119%$10K$2K5xas long as short
Phoenix AAVE−0.0044%1h143.24−0.021%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h143.32+0.036%$102K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.24−0.021%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.27+0.003%$69K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h143.31+0.027%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.404%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.17−0.071%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0045%8h143.31+0.028%$30.7M$26.5M200xas long as short
Binance AAVEUSDTlong+0.0046%8h143.27long leg$65.1M$185.3M75x
Orderly PERP_AAVE_USDC+0.0049%8h143.20−0.049%$18K$12K10xas long as short
OKX AAVE-USDT-SWAPshort+0.0052%8h143.33+0.042%$17.3M$65.8M50x
ApeX Omni AAVEUSDT+0.0058%1h143.62+0.244%$134K$229K50xas long as short
Gate AAVE_USDT+0.0060%8h143.26−0.007%$7.7M$16.0M75xas long as short
Bulk AAVE-USD+0.0073%1h143.97+0.492%$60K$3K10xas long as short
GRVT AAVE_USDT_Perp+0.0091%8h143.60+0.231%$449K$3.9M10xas long as short
Lighter AAVE+0.0096%1h143.40+0.089%$4.6M$1.7M10xas long as short
Aevo AAVE-PERP+0.0096%1h143.22−0.033%$121K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h143.22−0.038%$178K$247K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.18−0.061%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.09−0.122%$792K$438K10xas long as short
Hyperliquid AAVE+0.0100%1h143.40+0.091%$78.7M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h143.33+0.041%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.14−0.094%$326K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.30+0.021%$60.8M$65.7M75xas long as short
Arcus AAVE-USD+0.0100%1h143.19−0.056%$50K$274K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.28+0.007%$9.9M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.31+0.028%$29.8M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h143.29+0.014%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.33+0.042%$379K$710K10xas long as short
Variational Omni AAVE+0.0100%8h143.38+0.076%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.50+0.158%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.24−0.021%$125K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h143.18−0.066%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.22−0.034%$712K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.28+0.007%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.25−0.013%$919K$1.8M50xas long as short
BloFin AAVE-USDT+0.0166%8h143.17−0.070%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h143.44+0.119%$769K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h143.28+0.008%$123K100xas long as short