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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0113%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h +0.095%
Price spread now: 01 Exchange against Kraken Futures−0.185%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. 01 Exchange is 0.185% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.185% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 5.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AAVEUSD145.91−0.0185get 0.0023% / 1h58m 36s$3.5M$2.1M50x
Short01 Exchange AAVEUSD145.64−0.0072pay 0.0009% / 1h58m 36s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Kraken Futures. 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
$23.66
Price spread: −0.185% → 0.000%
−$18.53
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$11.88
Costs to cover
0.170%
Break-even
10.5 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; 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 Kraken Futures live order book, 5 min ago5.14 bp13.7 bp −$1419.6 bp −$196doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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
Kraken Futures PF_AAVEUSDlong−0.0185%1h145.91long leg$3.5M$2.1M50x
01 Exchange AAVEUSDshort−0.0072%1h145.64−0.185%$11K$2K5x
SoDEX AAVE-USD−0.0045%1h145.78−0.089%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h145.80−0.076%$5K$98K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h145.81−0.069%$255K$391K50xas long as short
dYdX AAVE-USD0.0000%1h145.51−0.275%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.81−0.069%$78K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.84−0.052%$71K150xas long as short
MEXC AAVE_USDT+0.0027%8h145.53−0.261%$29.4M$25.5M200xas long as short
Binance AAVEUSDT+0.0027%8h145.52−0.268%$66.0M$187.9M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AAVE/USDC PERP+0.0033%1h136.96−6.134%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.80−0.073%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.75−0.110%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0065%8h145.57−0.233%$17.8M$67.3M50xas long as short
Gate AAVE_USDT+0.0074%8h145.59−0.220%$7.8M$15.1M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.83−0.052%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.63−0.189%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.56−0.243%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.78−0.093%$801K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h145.67−0.165%$80.0M$35.0M10xas long as short
Aster AAVEUSDT+0.0100%8h145.56−0.237%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.57−0.233%$332K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.56−0.240%$62.1M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h145.64−0.185%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.52−0.264%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.55−0.247%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.57−0.233%$30.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.59−0.220%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.76−0.103%$348K$745K10xas long as short
Variational Omni AAVE+0.0100%8h145.88−0.024%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.86−0.033%$105K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.910.000%$467K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.87−0.028%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.88−0.021%$128K$455K10xas long as short
SunX AAVE-USDT+0.0100%8h145.72−0.134%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.79−0.080%$690K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.82−0.062%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.58−0.228%$934K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h145.66−0.173%$184K$246K10xas long as short
BloFin AAVE-USDT+0.0109%8h145.72−0.131%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.83−0.053%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h145.81−0.069%$794K$3.0M50xas long as short