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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.020%
Price spread now: SunX against MEXC+0.008%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1351.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)+0.148%+$15 · spread now +0.008%, 7d avg −0.013%
Together, before fees+0.230%+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.021% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AAVE_USDT145.370.0037pay 0.0037% / 8h1h 09m$30.8M$26.0M200x
ShortSunX AAVE-USDT145.380.0100get 0.0100% / 8h1h 09m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
$13.23
Price spread: +0.008% → −0.013%
$2.15
Slippage, 4 orders
−$126.8
Fee MEXC: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.42
Costs to cover
1.348%
Break-even
70.2 days
Slippage from MEXC: live order book, 5 min ago; SunX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.34 bp0.7 bp −$15.4 bp −$5440.8 bp −$4,078129.6 bp −$64.8K
Sell SunX live order book, 4 min ago44.87 bp67.2 bp −$67doesn't fitdoesn'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−0.0128%1h145.27−0.069%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h145.09−0.193%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0026%1h145.34−0.021%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0025%1h145.35−0.014%$255K$465K50xas long as short
dYdX AAVE-USD0.0000%1h145.12−0.171%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.40+0.021%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.38+0.008%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.785%$422$51K12xas long as short
MEXC AAVE_USDTlong+0.0037%8h145.37long leg$30.8M$26.0M200x
Binance AAVEUSDT+0.0039%8h145.35−0.017%$66.3M$185.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.37−0.003%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.27−0.069%$181K$245K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.32−0.034%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.44+0.049%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0058%8h145.33−0.028%$17.6M$67.0M50xas long as short
Gate AAVE_USDT+0.0068%8h145.35−0.014%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.38+0.003%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.55+0.124%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0099%8h145.02−0.239%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.18−0.133%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.32−0.036%$804K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.48+0.076%$80.0M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h145.40+0.021%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.20−0.116%$331K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.370.000%$62.0M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.22−0.103%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.13−0.168%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.34−0.021%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.40+0.021%$30.4M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.34−0.021%$43.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.47+0.069%$348K$723K10xas long as short
Variational Omni AAVE+0.0100%8h145.04−0.230%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.06−0.215%$104K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.10−0.186%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.43+0.041%$127K$467K10xas long as short
SunX AAVE-USDTshort+0.0100%8h145.38+0.008%$2K$1.3M20x
HTX AAVE-USDT+0.0100%8h145.50+0.092%$697K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.35−0.014%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.30−0.048%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0154%8h145.38+0.007%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.370.000%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06−0.213%$787K$3.0M50xas long as short