Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Aster against GRVT+0.337%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs$0as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.328%−$33 · spread now +0.337%, 7d avg −0.019%

Together, before fees−0.294%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$29 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: Aster is 0.356% dearer against GRVT than usual: you sell high and buy low, +$36 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AAVE_USDT_Perp	142.15	0.0100	pay 0.0100% / 8h	4h 55m	$449K	$3.7M	10x
Short	Aster AAVEUSDT	142.63	0.0100	get 0.0100% / 8h	4h 55m	$1.3M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now +0.337%Rate

Funding earned: $0
Price spread: +0.337% → −0.019%: $35.61
Slippage, 4 orders: −$18.32
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $0.29
Costs to cover: 0.353%
Break-even: from the start

Slippage from GRVT: live order book, 3 min ago; Aster: live order book, 3 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 GRVT live order book, 3 min ago	0.35 bp	7.7 bp −$8	19.4 bp −$194	18074.9 bp −$1.81M	doesn't fit
Sell Aster live order book, 3 min ago	2.11 bp	9.9 bp −$10	30.9 bp −$309	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
01 Exchange AAVEUSD	−0.0128%	1h	142.52	+0.260%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0035%	1h	142.69	+0.380%	$5K	$303K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.45	+0.213%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.31	+0.113%	$53K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.72	+0.401%	$225K	$395K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.54	+0.275%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.651%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.42	+0.188%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	142.65	+0.352%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0065%	1h	142.29	+0.099%	$132K	$219K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0085%	1h	142.41	+0.183%	$834K	$438K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.93	+0.549%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.57	+0.296%	$4.5M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.45	+0.212%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.50	+0.246%	$77.0M	$35.1M	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	142.63	+0.337%	$1.3M	$1.3M	50x
Pacifica AAVE	+0.0100%	1h	142.48	+0.230%	$324K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.49	+0.239%	$63.9M	$184.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.58	+0.303%	$61.2M	$65.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.38	+0.162%	$17.0M	$63.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.56	+0.289%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.99	+0.593%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.47	+0.225%	$7.9M	$15.3M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.53	+0.268%	$25.4M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.47	+0.225%	$10.6M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.36	+0.148%	$29.1M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.46	+0.218%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.75	+0.422%	$347K	$708K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.65	+0.353%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.24	+0.066%	$102K	$277K	20x	as long as short
GRVT AAVE_USDT_Perplong	+0.0100%	8h	142.15	long leg	$449K	$3.7M	10x
Polymarket Perps AAVE-USD	+0.0100%	1h	142.51	+0.253%	$122K	$385K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.63	+0.341%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.82	+0.471%	$687K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.62	+0.331%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.51	+0.252%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.72	+0.401%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.59	+0.309%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.42	+0.190%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.54	+0.272%	$121K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.72	+0.404%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+0.472%	$774K	$2.8M	50x	as long as short