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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0056%/8h= −6.1% APRnext payment $0.07 per $10,000 · paid last 24h +0.319%
Price spread now: 01 Exchange against Deribit−0.048%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.048% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AAVE_USDC-PERPETUAL144.510get 0.0000% / 1h29m 40s$251K$362K50x
Short01 Exchange AAVEUSD144.44−0.0056pay 0.0007% / 1h29m 40s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
−$11.76
Price spread: −0.048% → 0.000%
−$4.84
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$30.6
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 34 min ago; 01 Exchange: no order-book sample. 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 Deribit live order book, 34 min ago6.54 bp10.0 bp −$1018.2 bp −$182doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
01 Exchange AAVEUSDshort−0.0056%1h144.44−0.048%$11K$2K5x
Kraken Futures PF_AAVEUSD−0.0034%1h144.61+0.067%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.49−0.011%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.16−0.242%$70K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUALlong0.0000%1h144.51long leg$251K$362K50x
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.45−0.039%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.01−0.346%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.225%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.50−0.007%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.39−0.081%20xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0053%8h144.49−0.014%$27.0M$24.9M200xas long as short
Binance AAVEUSDT+0.0053%8h144.46−0.033%$65.1M$184.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0072%8h144.37−0.097%$17.4M$65.5M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.50−0.008%$189K$231K10xas long as short
Gate AAVE_USDT+0.0091%8h144.48−0.021%$7.8M$15.2M75xas long as short
Lighter AAVE+0.0096%1h144.69+0.122%$4.7M$1.5M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.50−0.007%$122K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.48−0.018%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.35−0.111%$803K$425K10xas long as short
Hyperliquid AAVE+0.0100%1h144.63+0.083%$78.3M$35.7M10xas long as short
Aster AAVEUSDT+0.0100%8h144.57+0.038%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.51+0.001%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.39−0.083%$61.8M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.48−0.021%$45K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h143.50−0.701%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.56+0.035%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.50−0.007%$30.0M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h144.46−0.035%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.66+0.104%$325K$746K10xas long as short
Variational Omni AAVE+0.0100%8h144.14−0.254%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.20−0.218%$104K$319K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.87−0.441%$452K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.20−0.215%$134K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.46−0.035%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h144.50−0.010%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.50−0.007%$5K$298K10xas long as short
HTX AAVE-USDT+0.0100%8h144.86+0.245%$702K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.44−0.048%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.36−0.103%$917K$1.7M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0237% / S −0.0361%1h144.45−0.040%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.510.000%$774K$2.8M50xas long as short