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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.012%
Price spread now: Variational Omni against Kalshi+0.261%7-day average +0.027% · 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)+0.041%+$4 on $10k
Price spread, last 7 days−0.327%−$33 · spread now +0.261%, 7d avg +0.027%
Together, before fees−0.287%+ Points / potential airdropVariational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.234% dearer against Kalshi than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKalshi KXAAVEPERP141.690get 0.0000% / 8h49m 15s$53K$1.5M3.4x
ShortVariational Omni AAVE142.060.0100get 0.0100% / 8h4h 49m$3.7M$1.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Kalshi. 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
$21
Price spread: +0.261% → +0.027%
$23.44
Slippage, 4 orders
no order book: not counted
Fee Kalshi: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$34.44
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kalshi: live order book, 4 min ago; Variational Omni: RFQ quote, 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 Kalshi live order book, 4 min ago8.07 bp13.6 bp −$1421.8 bp −$218doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago3.09 bpdoesn't fit13.3 bp −$133doesn't fitdoesn't fit

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−0.0160%1h141.83+0.099%$10K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0103%1h141.70+0.007%$223K$396K50xas long as short
SoDEX AAVE-USD−0.0082%1h141.58−0.078%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h142.07+0.272%$101K$4K10xas long as short
Kalshi KXAAVEPERPlong0.0000%8h141.69long leg$53K$1.5M3.4x
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.67−0.013%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.338%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.84+0.107%20xas long as short
Orderly PERP_AAVE_USDC+0.0046%8h141.690.000%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.03+0.240%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0066%1h141.97+0.201%$832K$438K10xas long as short
Lighter AAVE+0.0096%1h141.63−0.044%$4.5M$1.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.01+0.229%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h141.74+0.035%$76.5M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h141.83+0.101%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h141.99+0.213%$323K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h141.65−0.028%$63.5M$184.7M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.63−0.042%$60.6M$66.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.65−0.028%$17.0M$63.4M50xas long as short
Arcus AAVE-USD+0.0100%1h141.95+0.183%$44K$183K10xas long as short
Gate AAVE_USDT+0.0100%8h141.67−0.014%$7.9M$15.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.63−0.042%$25.1M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.62−0.049%$10.5M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.55−0.099%$28.9M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h141.64−0.035%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h141.72+0.021%$336K$712K10xas long as short
Variational Omni AAVEshort+0.0100%8h142.06+0.261%$3.7M$1.3M
edgeX AAVEUSDC+0.0100%4h142.49+0.566%$103K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.52+0.586%$450K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.05+0.254%$132K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.92+0.162%$122K$384K10xas long as short
SunX AAVE-USDT+0.0100%8h141.59−0.073%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h142.09+0.283%$684K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.60−0.064%$4.0M$3.7M50xas long as short
Bulk AAVE-USD+0.0100%1h142.68+0.696%$58K$2K10xas long as short
Extended AAVE-USD+0.0104%1h141.61−0.053%$895K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.51−0.124%$120K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h141.93+0.166%$177K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.55−0.099%$3.3M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0261% / S −0.0408%1h141.89+0.142%$120K100xas long as short
Kraken Futures PF_AAVEUSD+0.0327%1h141.65−0.026%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h141.73+0.028%$767K$2.8M50xas long as short