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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.055%
Price spread now: Coinbase International against Injective+6.126%64s7-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+0.281%+$28 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 6.126% dearer against Injective than usual: you sell high and buy low: +$613 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h54m 22s$422$51K12x
ShortCoinbase International AAVE-PERP-INTX145.350.0248get 0.0031% / 1h54m 22s$782K$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$45.08
Price spread: +6.126% → 0.000%
$612.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$647.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago3.77 bp9.4 bp −$914.1 bp −$141doesn'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
01 Exchange AAVEUSD−0.0240%1h145.35+6.126%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0213%1h145.13+5.965%$5K$308K10xas long as short
ApeX Omni AAVEUSDT−0.0108%1h145.30+6.089%$135K$229K50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.19+6.009%$246K$477K50xas long as short
Phoenix AAVE−0.0039%1h145.71+6.389%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.35+6.123%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.59+6.301%$64K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.21+6.021%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.24+6.043%$3.5M$2.0M50xas 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%1h145.11+5.953%20xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h145.10+5.943%$17.7M$65.3M50xas long as short
Orderly PERP_AAVE_USDC+0.0060%8h145.11+5.951%$18K$12K10xas long as short
Gate AAVE_USDT+0.0080%8h145.09+5.936%$7.8M$15.5M75xas long as short
MEXC AAVE_USDT+0.0082%8h145.11+5.951%$32.3M$25.9M200xas long as short
Binance AAVEUSDT+0.0082%8h145.10+5.943%$66.0M$180.8M75xas long as short
Lighter AAVE+0.0096%1h145.49+6.225%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.23+6.040%$181K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.14+5.974%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.04+5.901%$813K$439K10xas long as short
Hyperliquid AAVE+0.0100%1h145.26+6.060%$81.3M$32.2M10xas long as short
Aster AAVEUSDT+0.0100%8h145.16+5.987%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.28+6.078%$330K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.15+5.980%$62.0M$64.6M75xas long as short
Arcus AAVE-USD+0.0100%1h145.19+6.009%$51K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h146.24+6.779%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.16+5.987%$10.0M$8.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.06+5.914%$29.8M$17.8M75xas long as short
BingX AAVE-USDC+0.0100%8h145.16+5.987%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.71+6.389%$348K$683K10xas long as short
Variational Omni AAVE+0.0100%8h145.36+6.136%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.31+6.094%$100K$311K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.35+6.123%$460K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.21+6.024%$127K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h145.12+5.959%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.25+6.057%$739K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.22+6.031%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.08+5.929%$941K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h145.05+5.904%$123K$14610xas long as short
BloFin AAVE-USDT+0.0202%8h145.59+6.301%$3.6M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0248%1h145.35+6.126%$782K$3.0M50x
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.21+6.021%$125K100xas long as short