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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.006%
Price spread now: ApeX Omni against Extended+0.295%7-day average +0.075% · 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−$16as in the Price arb table
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.295%, 7d avg +0.075%
Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 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: ApeX Omni is 0.220% dearer against Extended than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.075%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD143.360.0104pay 0.0013% / 1h41m 12s$913K$1.7M50x
ShortApeX Omni AAVEUSDT143.780.0100get 0.0013% / 1h41m 12s$134K$220K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
−$0.84
Price spread: +0.295% → +0.075%
$21.98
Slippage, 4 orders
−$23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$16.86
Costs to cover
0.380%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; ApeX Omni: live order book, 20 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 Extended live order book, 2 min ago3.48 bp6.3 bp −$620.5 bp −$205doesn't fitdoesn't fit
Sell ApeX Omni live order book, 20 min ago4.85 bp12.2 bp −$1296.8 bp −$968doesn'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−0.0064%1h143.48+0.086%$10K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0029%1h143.40+0.030%$238K$377K50xas long as short
dYdX AAVE-USD0.0000%1h143.47+0.079%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.47+0.079%$59K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.53+0.122%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.462%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.42+0.044%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.48+0.089%20xas long as short
Phoenix AAVE+0.0089%1h143.48+0.086%$5K$98K10xas long as short
Lighter AAVE+0.0096%1h143.63+0.188%$4.6M$1.5M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0098%8h143.41+0.037%$17.2M$63.4M50xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.46+0.075%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.50+0.096%$832K$431K10xas long as short
Hyperliquid AAVE+0.0100%1h143.62+0.183%$77.7M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h143.61+0.175%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.45+0.066%$327K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.42+0.047%$64.3M$183.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.42+0.044%$61.3M$64.3M75xas long as short
Arcus AAVE-USD+0.0100%1h143.55+0.135%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.56+0.139%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.54+0.128%$7.9M$15.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.45+0.065%$26.0M$23.5M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.48+0.086%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.42+0.044%$30.1M$17.3M75xas long as short
BingX AAVE-USDT+0.0100%8h143.51+0.107%$43.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.90+0.379%$321K$718K10xas long as short
Variational Omni AAVE+0.0100%8h143.37+0.009%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.73+0.261%$104K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.78+0.295%$456K$3.7M10xas long as short
ApeX Omni AAVEUSDTshort+0.0100%1h143.78+0.295%$134K$220K50x
Polymarket Perps AAVE-USD+0.0100%1h143.55+0.135%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.42+0.045%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.43+0.051%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h143.66+0.208%$694K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.50+0.100%$4.1M$3.7M50xas long as short
Extended AAVE-USDlong+0.0104%1h143.36long leg$913K$1.7M50x
Aevo AAVE-PERP+0.0104%1h143.48+0.083%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.56+0.138%$196K$231K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.38+0.016%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.54+0.125%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0268%1h143.52+0.113%$3.5M$2.0M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.58+0.156%$777K$2.8M50xas long as short