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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.009%
Price spread now: Variational Omni against Injective+4.828%91s7-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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 4.828% dearer against Injective than usual: you sell high and buy low: +$483 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 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% / 1h55m 41s$422$51K12x
ShortVariational Omni AAVE143.570.0100get 0.0100% / 8h6h 55m$3.7M$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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
$14
Price spread: +4.828% → 0.000%
$482.82
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$496.8
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago3.10 bpdoesn't fit12.0 bp −$120doesn'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−0.0098%1h143.71+4.928%$250K$362K50xas long as short
01 Exchange AAVEUSD−0.0064%1h143.75+4.958%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0056%1h143.71+4.928%$5K$302K10xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h143.76+4.967%$3.4M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h143.77+4.974%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.49+4.768%$65K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h145.14+5.973%$5K$95K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.64+4.880%$70K150xas long as short
ApeX Omni AAVEUSDT+0.0014%1h145.02+5.885%$135K$231K50xas long as short
MEXC AAVE_USDT+0.0032%8h143.92+5.082%$27.6M$24.6M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0033%8h143.78+4.980%$64.9M$185.1M75xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Orderly PERP_AAVE_USDC+0.0044%8h143.69+4.914%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.60+4.850%20xas long as short
OKX AAVE-USDT-SWAP+0.0061%8h143.92+5.082%$17.4M$65.7M50xas long as short
Aevo AAVE-PERP+0.0088%1h143.68+4.905%$121K$14610xas long as short
RISEx AAVE/USDC+0.0089%1h143.73+4.944%$182K$245K10xas long as short
Lighter AAVE+0.0096%1h143.94+5.093%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.90+5.069%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.64+4.876%$793K$427K10xas long as short
Hyperliquid AAVE+0.0100%1h143.88+5.053%$78.2M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h143.81+5.000%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.85+5.029%$328K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.92+5.082%$61.5M$65.2M75xas long as short
Arcus AAVE-USD+0.0100%1h143.66+4.892%$45K$236K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+5.549%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.80+4.994%$7.8M$14.9M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.82+5.009%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.72+4.936%$29.7M$18.1M75xas long as short
BingX AAVE-USDC+0.0100%8h143.82+5.009%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.73+4.943%$326K$746K10xas long as short
Variational Omni AAVEshort+0.0100%8h143.57+4.828%$3.7M$1.3M
edgeX AAVEUSDC+0.0100%4h144.95+5.836%$104K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.03+5.892%$462K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.77+4.972%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h143.57+4.825%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.06+5.186%$699K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.77+4.972%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.79+4.988%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0131%8h144.02+5.155%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h143.64+4.876%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.89+5.060%$770K$2.8M50xas long as short