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−0.0169%/8h= −18.5% APRnext payment $0.21 per $10,000 · paid last 24h +0.079%
Price spread now: 01 Exchange against Injective+5.841%104s7-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 feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 5.841% dearer against Injective than usual: you sell high and buy low (spread +5.841% now, against zero (this spread has no 7-day history yet)): +$584 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4 months. The two prices were read 104 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% / 1h45m 27s$422$51K12x
Short01 Exchange AAVEUSD144.96−0.0136pay 0.0017% / 1h45m 27s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$35.56
Price spread: +5.841% → 0.000%
$584.11
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$541.53
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Injective and 01 Exchange: 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−0.0370%1h145.01+5.878%$250K$483K50xas long as short
SoDEX AAVE-USD−0.0186%1h144.95+5.834%$5K$311K10xas long as short
01 Exchange AAVEUSDshort−0.0136%1h144.96+5.841%$11K$2K5x
Phoenix AAVE−0.0044%1h145.11+5.951%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.04+5.901%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.20+6.016%$74K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.10+5.944%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.16+5.985%$3.5M$2.0M50xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h144.94+5.829%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0049%8h144.95+5.834%$17.6M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h145.01+5.878%$18K$12K10xas long as short
Gate AAVE_USDT+0.0062%8h144.96+5.841%$7.7M$15.6M75xas long as short
ApeX Omni AAVEUSDT+0.0066%1h145.09+5.936%$135K$229K50xas long as short
Binance AAVEUSDT+0.0076%8h144.97+5.848%$65.9M$181.8M75xas long as short
MEXC AAVE_USDT+0.0078%8h144.93+5.819%$32.1M$26.1M200xas long as short
Nado AAVE-PERP+0.0083%1h144.94+5.828%$804K$444K10xas long as short
Lighter AAVE+0.0096%1h145.14+5.975%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.02+5.884%$180K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.96+5.841%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h145.15+5.980%$81.1M$32.5M10xas long as short
Aster AAVEUSDT+0.0100%8h145.08+5.930%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.98+5.857%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.00+5.870%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.97+5.848%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h145.14+5.970%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.98+5.856%$10.1M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.95+5.834%$30.2M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.98+5.856%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.05+5.907%$381K$703K10xas long as short
Variational Omni AAVE+0.0100%8h145.12+5.955%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.14+5.976%$101K$313K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.16+5.989%$461K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.05+5.907%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.96+5.837%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.36+6.136%$738K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.04+5.900%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.93+5.818%$936K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h145.03+5.891%$122K$14610xas long as short
BloFin AAVE-USDT+0.0199%8h145.12+5.958%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h145.44+6.192%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.10+5.946%$125K100xas long as short