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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0123%/8h= +13.5% APRnext payment +$0.15 per $10,000 · paid last 24h +0.008%
Price spread now: RISEx against Nado+0.070%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.070%, 7d avg +0.028%
Together, before fees−0.474%+ Points / potential airdropNado: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.042% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAVE-PERP141.600.0100pay 0.0012% / 1h48m 41s$828K$400K10x
ShortRISEx AAVE/USDC141.700.0223get 0.0028% / 1h48m 41s$178K$296K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$25.88
Price spread: +0.070% → +0.028%
$4.15
Slippage, 4 orders
−$9.9
Fee Nado: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
$7.13
Costs to cover
0.229%
Break-even
5.1 days
Slippage from Nado: live order book, 50 min ago; RISEx: live order book, 49 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 Nado live order book, 50 min ago1.06 bp7.8 bp −$816.4 bp −$164doesn't fitdoesn't fit
Sell RISEx live order book, 49 min ago1.06 bp4.1 bp −$48.9 bp −$89doesn'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
dYdX AAVE-USD0.0000%1h141.60+0.002%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.57−0.019%$46K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.65+0.037%$214K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.65+0.035%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.275%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.59−0.003%20xas long as short
Orderly PERP_AAVE_USDC+0.0086%8h141.61+0.009%$17K$8K10xas long as short
Phoenix AAVE+0.0096%1h141.55−0.034%$4K$99K10xas long as short
Phemex AAVEUSDT+0.0096%8h141.57−0.019%$3.9M$3.6M50xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.46−0.096%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERPlong+0.0100%1h141.60long leg$828K$400K10x
Hyperliquid AAVE+0.0100%1h141.63+0.023%$77.3M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.60+0.002%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.52−0.058%$330K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.49−0.073%$63.6M$192.2M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.48−0.083%$61.0M$69.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.47−0.090%$16.6M$64.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.75+0.108%$94K$224K10xas long as short
Bulk AAVE-USD+0.0100%1h141.56−0.023%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.60+0.002%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.49−0.076%$22.8M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.55−0.034%$10.3M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.52−0.055%$28.8M$18.0M75xas long as short
BingX AAVE-USDT+0.0100%8h141.51−0.062%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h141.52−0.054%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.24−0.249%$109K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.30−0.213%$452K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.25−0.245%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.68+0.058%$134K$484K10xas long as short
SunX AAVE-USDT+0.0100%8h141.64+0.033%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.62+0.016%$5K$298K10xas long as short
HTX AAVE-USDT+0.0100%8h141.72+0.087%$667K$5.3M75xas long as short
Extended AAVE-USD+0.0104%1h141.44−0.111%$909K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.65+0.039%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0112%1h141.69+0.065%$10K$2K5xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h141.46−0.097%$753K$2.7M50xas long as short
Lighter AAVE+0.0216%1h141.71+0.082%$4.5M$2.5M10xas long as short
BloFin AAVE-USDT+0.0220%8h141.56−0.026%$3.3M$3.5M100xas long as short
RISEx AAVE/USDCshort+0.0223%1h141.70+0.070%$178K$296K10x
Backpack AAVE_USDC_PERP+0.0240%1h141.77+0.122%$385K$732K10xas long as short
Kraken Futures PF_AAVEUSD+0.0248%1h141.68+0.056%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h141.65+0.035%$110K100xas long as short