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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.5% APRnext payment $0.07 per $10,000 · paid last 24h +0.014%
Price spread now: ApeX Omni against Injective+5.199%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 5.199% dearer against Injective than usual: you sell high and buy low (spread +5.199% now, against zero (this spread has no 7-day history yet)): +$520 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 months. Mind the row above: over the last 7 days funding on this pair paid +0.150%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h35m 26s$422$51K12x
ShortApeX Omni AAVEUSDT144.08−0.0026pay 0.0003% / 1h35m 26s$134K$229K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
−$12.53
Price spread: +5.199% → 0.000%
$519.86
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$497.31
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 51 min ago8.45 bp16.4 bp −$16101.8 bp −$1,018doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit AAVE_USDC-PERPETUAL−0.0304%1h144.39+5.425%$248K$483K50xas long as short
SoDEX AAVE-USD−0.0194%1h144.34+5.388%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.32+5.374%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.13+5.235%$4K$101K10xas long as short
ApeX Omni AAVEUSDTshort−0.0026%1h144.08+5.199%$134K$229K50x
dYdX AAVE-USD0.0000%1h144.40+5.436%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.05+5.177%$71K$1.6M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.41+5.436%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.51+5.510%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.34+5.387%20xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h144.36+5.403%$17.5M$65.6M50xas long as short
Gate AAVE_USDT+0.0054%8h144.34+5.388%$7.7M$15.7M75xas long as short
Orderly PERP_AAVE_USDC+0.0055%8h144.32+5.374%$18K$12K10xas long as short
MEXC AAVE_USDT+0.0068%8h144.30+5.359%$31.8M$26.1M200xas long as short
Binance AAVEUSDT+0.0068%8h144.32+5.372%$65.7M$183.2M75xas long as short
GRVT AAVE_USDT_Perp+0.0093%8h144.12+5.225%$450K$4.0M10xas long as short
Nado AAVE-PERP+0.0093%1h144.34+5.392%$801K$437K10xas long as short
Lighter AAVE+0.0096%1h144.54+5.538%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.40+5.432%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.37+5.407%$180K$241K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.39+5.422%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.45+5.468%$80.2M$32.9M10xas long as short
Aster AAVEUSDT+0.0100%8h144.35+5.394%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.36+5.402%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.40+5.432%$61.5M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.32+5.374%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h144.61+5.589%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.40+5.432%$10.3M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.35+5.396%$30.1M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.35+5.396%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.30+5.359%$379K$701K10xas long as short
Variational Omni AAVE+0.0100%8h144.08+5.199%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.12+5.226%$100K$313K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.40+5.432%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.34+5.392%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.30+5.361%$725K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.19+5.279%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.35+5.395%$928K$1.8M50xas long as short
BloFin AAVE-USDT+0.0190%8h144.11+5.221%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.36+5.403%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.40+5.431%$124K100xas long as short