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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.5% APRnext payment $0.03 per $10,000 · paid last 24h +0.018%
Price spread now: Nado against Injective+4.388%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 4.388% dearer against Injective than usual: you sell high and buy low (spread +4.388% now, against zero (this spread has no 7-day history yet)): +$439 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h2m 40s$422$51K12x
ShortNado AAVE-PERP142.970.0011get 0.0001% / 1h2m 40s$841K$449K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$4.72
Price spread: +4.388% → 0.000%
$438.81
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$427.07
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 56 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 Nado live order book, 56 min ago1.76 bp10.1 bp −$1017.1 bp −$171doesn'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−0.0136%1h143.05+4.447%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.04+4.441%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.95+4.374%$56K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.04+4.439%$220K$401K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.07+4.461%$80K150xas long as short
Nado AAVE-PERPshort+0.0011%1h142.97+4.388%$841K$449K10x
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h143.05+4.448%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h143.02+4.425%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.73+4.213%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD+0.0080%1h143.01+4.417%$5K$302K10xas long as short
Phemex AAVEUSDT+0.0084%8h143.03+4.432%$4.0M$3.7M50xas long as short
Lighter AAVE+0.0096%1h143.09+4.474%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.99+4.402%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.14+4.512%$77.9M$36.2M10xas long as short
Aster AAVEUSDT+0.0100%8h143.11+4.490%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.99+4.406%$327K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h142.97+4.388%$63.7M$186.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.97+4.388%$61.4M$67.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.96+4.381%$17.1M$64.1M50xas long as short
Arcus AAVE-USD+0.0100%1h143.07+4.461%$64K$204K10xas long as short
Bulk AAVE-USD+0.0100%1h142.53+4.067%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.07+4.461%$8.1M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.97+4.388%$25.0M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.00+4.410%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.01+4.417%$29.1M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h142.96+4.381%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.14+4.512%$336K$721K10xas long as short
Variational Omni AAVE+0.0100%8h142.73+4.213%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.62+4.132%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.87+4.318%$460K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.69+4.184%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.10+4.483%$125K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.96+4.379%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.20+4.556%$688K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h143.00+4.410%$897K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.05+4.447%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h143.09+4.472%$178K$245K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.00+4.410%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.06+4.456%$112K100xas long as short
Kraken Futures PF_AAVEUSD+0.0323%1h143.11+4.490%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.92+4.352%$793K$2.8M50xas long as short