Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Aevo against Extended+0.066%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$840.837% of the position

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.123%+$12 · spread now +0.066%, 7d avg +0.066%

Together, before fees+0.121%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AAVE-USD	143.53	0.0104	pay 0.0013% / 1h	0m 06s	$915K	$1.7M	50x
Short	Aevo AAVE-PERP	143.63	0.0104	get 0.0013% / 1h	0m 06s	$121K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee AevobpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.066%: −$0.01
Slippage, 4 orders: −$62.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$83.68
Costs to cover: 0.837%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Aevo: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 3 min ago	2.43 bp	5.5 bp −$5	19.3 bp −$193	doesn't fit	doesn't fit
Sell Aevo live order book, 49 min ago	21.97 bp	38.5 bp −$38	233.6 bp −$2,336	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX AAVE-USD	0.0000%	1h	143.68	+0.103%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.68	+0.103%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.61	+0.054%	$218K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.63	+0.064%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0031%	1h	143.65	+0.082%	$834K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.579%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.56	+0.016%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0074%	8h	143.60	+0.047%	$18K	$10K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.64	+0.077%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.65	+0.085%	$1.2M	$1.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AAVE	+0.0100%	1h	143.71	+0.122%	$328K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.59	+0.043%	$64.6M	$191.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.57	+0.026%	$61.8M	$68.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.48	−0.037%	$17.3M	$65.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.71	+0.124%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.91	+0.263%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.50	−0.023%	$8.0M	$16.3M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.56	+0.019%	$25.0M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.64	+0.075%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.57	+0.026%	$29.4M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.50	−0.023%	—	$43.7M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.75	+0.150%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.85	+0.221%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.91	+0.263%	$455K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.07	+0.374%	$134K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.66	+0.089%	$142K	$469K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.60	+0.044%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.59	+0.040%	$5K	$314K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.266%	$683K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.65	+0.082%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USDlong	+0.0104%	1h	143.53	long leg	$915K	$1.7M	50x
Aevo AAVE-PERPshort	+0.0104%	1h	143.63	+0.066%	$121K	$146	10x
Phoenix AAVE	+0.0118%	1h	144.03	+0.347%	$4K	$106K	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	143.65	+0.082%	$10K	$2K	5x	as long as short
Backpack AAVE_USDC_PERP	+0.0158%	1h	143.59	+0.040%	$340K	$727K	10x	as long as short
Hyperliquid AAVE	+0.0167%	1h	143.69	+0.110%	$78.5M	$37.3M	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	143.66	+0.091%	$198K	$263K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.85	+0.221%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.69	+0.110%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0248%	1h	143.81	+0.195%	$4.6M	$2.5M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.63	+0.065%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.95	+0.291%	$769K	$2.9M	50x	as long as short