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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.023%
Price spread now: RISEx against dYdX+0.090%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3473.466% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.065%+$6 on $10k
Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.090%, 7d avg −0.016%
Together, before fees−0.171%−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX AAVE-USD142.140get 0.0000% / 1h44m 34s$101K$4K10x
ShortRISEx AAVE/USDC142.270.0136get 0.0017% / 1h44m 34s$177K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against dYdX. 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
$28.55
Price spread: +0.090% → −0.016%
$10.66
Slippage, 4 orders
−$330.62
Fee dYdX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$307.41
Costs to cover
3.466%
Break-even
82.4 days
Slippage from dYdX: live order book, 14 min ago; RISEx: live order book, 14 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 dYdX live order book, 14 min ago82.64 bp87.6 bp −$8887.6 bp −$876111.1 bp −$11.1K376.3 bp −$188.1K
Sell RISEx live order book, 14 min ago1.30 bp4.3 bp −$412.0 bp −$120doesn'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
01 Exchange AAVEUSD−0.0176%1h142.19+0.032%$10K$2K5xas long as short
SoDEX AAVE-USD−0.0037%1h142.01−0.095%$5K$298K10xas long as short
dYdX AAVE-USDlong0.0000%1h142.14long leg$101K$4K10x
Kalshi KXAAVEPERP0.0000%8h142.10−0.031%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.05−0.066%$220K$399K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.10−0.032%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.647%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.23+0.059%20xas long as short
Orderly PERP_AAVE_USDC+0.0046%8h142.07−0.052%$18K$10K10xas long as short
Nado AAVE-PERP+0.0047%1h142.19+0.032%$842K$447K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix AAVE+0.0056%1h142.04−0.073%$4K$102K10xas long as short
Lighter AAVE+0.0096%1h142.24+0.064%$4.6M$1.9M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.13−0.009%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.17+0.018%$76.7M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h142.15+0.003%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.18+0.024%$323K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h142.27+0.088%$63.5M$185.6M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.25+0.074%$60.8M$66.6M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.28+0.095%$17.0M$63.8M50xas long as short
Arcus AAVE-USD+0.0100%1h142.29+0.102%$63K$204K10xas long as short
Bulk AAVE-USD+0.0100%1h142.12−0.017%$57K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.25+0.074%$8.0M$15.7M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.19+0.032%$25.1M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.17+0.018%$10.5M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.20+0.039%$29.0M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h142.18+0.025%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.18+0.025%$337K$715K10xas long as short
Variational Omni AAVE+0.0100%8h142.05−0.067%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h141.83−0.221%$102K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.90−0.174%$448K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.81−0.235%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.29+0.102%$122K$384K10xas long as short
SunX AAVE-USDT+0.0100%8h142.09−0.038%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h142.19+0.034%$684K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.07−0.052%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.17+0.017%$895K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.01−0.091%$120K$14610xas long as short
RISEx AAVE/USDCshort+0.0136%1h142.27+0.090%$177K$241K10x
BloFin AAVE-USDT+0.0220%8h142.04−0.073%$3.3M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.09−0.040%$111K100xas long as short
Kraken Futures PF_AAVEUSD+0.0326%1h142.12−0.020%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.12−0.017%$775K$2.8M50xas long as short