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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0181%/8h= −19.8% APRnext payment $0.23 per $10,000 · paid last 24h −0.057%
Price spread now: SoDEX against Extended+0.024%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.216% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.086%−$9 on $10k
Price spread, last 3 days (all we have)+0.174%+$17 · spread now +0.024%, 7d avg +0.047%
Together, before fees+0.087%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.023% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD144.490.0104pay 0.0013% / 1h35m 48s$929K$1.8M50x
ShortSoDEX AAVE-USD144.52−0.0077pay 0.0010% / 1h35m 48s$5K$298K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$37.93
Price spread: +0.024% → +0.047%
−$2.29
Slippage, 4 orders
−$8.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$61.77
Costs to cover
0.216%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; SoDEX: live order book, 48 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, 3 min ago1.72 bp5.5 bp −$518.5 bp −$185doesn't fitdoesn't fit
Sell SoDEX live order book, 48 min ago0.35 bp5.1 bp −$510.0 bp −$10096.4 bp −$9,638doesn'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%1h144.59+0.072%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0165%1h144.58+0.065%$254K$480K50xas long as short
SoDEX AAVE-USDshort−0.0077%1h144.52+0.024%$5K$298K10x
Phoenix AAVE−0.0045%1h144.94+0.315%$5K$100K10xas long as short
dYdX AAVE-USD0.0000%1h144.60+0.083%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.65+0.114%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.65+0.113%$70K150xas long as short
MEXC AAVE_USDT+0.0033%8h144.60+0.079%$31.0M$25.7M200xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.208%$422$51K12xas long as short
Binance AAVEUSDT+0.0033%8h144.61+0.086%$65.7M$185.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.51+0.018%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.66+0.124%$180K$246K10xas long as short
OKX AAVE-USDT-SWAP+0.0048%8h144.64+0.107%$17.6M$66.7M50xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.57+0.059%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.60+0.082%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0055%8h144.58+0.065%$7.8M$15.8M75xas long as short
Bulk AAVE-USD+0.0080%1h144.69+0.139%$61K$3K10xas long as short
Aevo AAVE-PERP+0.0088%1h144.62+0.093%$122K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0092%8h144.94+0.316%$463K$3.8M10xas long as short
Lighter AAVE+0.0096%1h144.78+0.203%$4.6M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.63+0.103%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.490.000%$800K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.69+0.139%$79.5M$34.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.54+0.038%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.61+0.088%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.65+0.114%$61.4M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h144.63+0.100%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.49+0.003%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.57+0.059%$30.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h144.58+0.065%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.61+0.086%$380K$713K10xas long as short
Variational Omni AAVE+0.0100%8h144.69+0.140%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.85+0.255%$103K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.96+0.328%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.61+0.086%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.50+0.013%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.98+0.343%$695K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.59+0.072%$4.1M$3.8M50xas long as short
Extended AAVE-USDlong+0.0104%1h144.49long leg$929K$1.8M50x
BloFin AAVE-USDT+0.0140%8h144.84+0.245%$3.4M$4.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.64+0.110%$124K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.26+0.536%$783K$3.0M50xas long as short