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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against Nado−6.410%49s7-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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.410% cheaper against Nado than usual: you would sell low and buy high (−$641 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAVE-PERP146.340.0100pay 0.0012% / 1h15m 52s$800K$423K10x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h15m 52s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Nado. 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: −6.410% → 0.000%
−$640.97
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$661.99
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 57 min ago; Injective: 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 Nado live order book, 57 min ago1.37 bp7.3 bp −$715.8 bp −$158doesn't fitdoesn't fit
Sell Injective no order-book sample
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
Kraken Futures PF_AAVEUSD−0.0184%1h146.48+0.095%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0152%1h146.39+0.034%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0088%1h146.35+0.007%$5K$305K10xas long as short
Phemex AAVEUSDT−0.0061%8h146.32−0.014%$4.2M$3.8M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0023%1h146.340.000%$255K$369K50xas long as short
dYdX AAVE-USD0.0000%1h146.31−0.023%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.36+0.014%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.33−0.007%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.33−0.007%$71K150xas long as short
MEXC AAVE_USDT+0.0022%8h146.41+0.048%$28.9M$25.8M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0022%8h146.41+0.049%$66.3M$183.5M75xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−6.410%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h146.25−0.060%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h146.26−0.055%$18K$10K10xas long as short
Gate AAVE_USDT+0.0057%8h146.40+0.041%$7.9M$15.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0064%8h146.35+0.007%$17.9M$66.4M50xas long as short
ApeX Omni AAVEUSDT+0.0074%1h146.56+0.150%$136K$231K50xas long as short
Aevo AAVE-PERP+0.0088%1h146.38+0.026%$124K$14610xas long as short
BloFin AAVE-USDT+0.0088%8h146.04−0.205%$3.5M$3.5M100xas long as short
Lighter AAVE+0.0096%1h146.57+0.157%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.37+0.019%$14K$4K20xas long as short
Bybit AAVEUSDT+0.0100%8h146.37+0.021%$62.7M$65.0M75xas long as short
Nado AAVE-PERPlong+0.0100%1h146.34long leg$800K$423K10x
Hyperliquid AAVE+0.0100%1h146.52+0.123%$79.9M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.41+0.046%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.37+0.018%$334K$503K10xas long as short
Arcus AAVE-USD+0.0100%1h146.39+0.034%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.378%$59K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.50+0.109%$11.1M$9.0M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.38+0.027%$30.3M$17.9M75xas long as short
BingX AAVE-USDC+0.0100%8h146.41+0.048%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.48+0.096%$332K$736K10xas long as short
Variational Omni AAVE+0.0100%8h146.27−0.046%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.46+0.085%$106K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.48+0.096%$464K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.38+0.027%$127K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h146.35+0.010%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.64+0.203%$713K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.38+0.026%$939K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.42+0.053%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h146.32−0.016%$130K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.42+0.055%$785K$2.9M50xas long as short