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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.045%
Price spread now: Coinbase International against Bulk+0.462%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.462% dearer against Bulk than usual: you sell high and buy low: +$46 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk AAVE-USD144.090.0100pay 0.0013% / 1h9m 07s$58K$2K10x
ShortCoinbase International AAVE-PERP-INTX144.760.0296get 0.0037% / 1h9m 07s$778K$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bulk. 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
$41.16
Price spread: +0.462% → 0.000%
$46.15
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$70.31
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Bulk: no order-book sample; Coinbase International: live order book, 5 min ago. 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 Bulk no order-book sample
Sell Coinbase International live order book, 5 min ago6.59 bp15.3 bp −$1519.4 bp −$194doesn't fitdoesn't fit
Bulk: 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 41 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−0.0034%1h143.70−0.272%$3.4M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0032%1h143.53−0.392%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.66−0.305%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.53−0.392%$70K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.62−0.330%$244K$369K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.64−0.313%$70K150xas long as short
Phoenix AAVE+0.0006%1h143.77−0.226%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.952%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.60−0.343%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.64−0.316%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0077%8h143.57−0.364%$26.5M$24.9M200xas long as short
Binance AAVEUSDT+0.0080%8h143.65−0.309%$64.8M$184.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0084%8h143.65−0.309%$17.2M$64.9M50xas long as short
RISEx AAVE/USDC+0.0089%1h143.61−0.338%$199K$229K10xas long as short
Lighter AAVE+0.0096%1h143.76−0.234%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.68−0.290%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.60−0.340%$799K$421K10xas long as short
Hyperliquid AAVE+0.0100%1h143.70−0.274%$77.8M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h143.59−0.350%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.67−0.294%$327K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.67−0.295%$61.5M$64.8M75xas long as short
Arcus AAVE-USD+0.0100%1h143.65−0.309%$44K$181K10xas long as short
Gate AAVE_USDT+0.0100%8h143.58−0.357%$7.8M$15.2M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.59−0.350%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.61−0.337%$29.9M$17.7M75xas long as short
BingX AAVE-USDC+0.0100%8h143.58−0.357%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.67−0.295%$320K$742K10xas long as short
Variational Omni AAVE+0.0100%8h143.96−0.094%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.97−0.083%$104K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.00−0.066%$450K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.04−0.038%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.66−0.302%$124K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.63−0.325%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.62−0.330%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h143.91−0.126%$697K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.62−0.330%$4.1M$3.8M50xas long as short
Bulk AAVE-USDlong+0.0100%1h144.09long leg$58K$2K10x
Extended AAVE-USD+0.0104%1h143.56−0.372%$917K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.62−0.327%$121K$14610xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0250% / S −0.0390%1h143.63−0.323%$124K100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0296%1h144.76+0.462%$778K$2.8M50x