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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.049%
Price spread now: SoDEX against Nado+0.132%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$240.241% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.086%−$9 on $10k
Price spread, last 4 days (all we have)+0.257%+$26 · spread now +0.132%, 7d avg +0.020%
Together, before fees+0.171%+ Points / potential airdropNado: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.112% dearer against Nado than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.020%. Mind the row above: over the last 3 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAVE-PERP143.650.0072pay 0.0009% / 1h36m 09s$832K$433K10x
ShortSoDEX AAVE-USD143.840.0100get 0.0013% / 1h36m 09s$5K$301K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$5.96
Price spread: +0.132% → +0.020%
$11.24
Slippage, 4 orders
−$9.12
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$6.92
Costs to cover
0.241%
Break-even
15.1 days
Slippage from Nado: live order book, 27 min ago; SoDEX: live order book, 27 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, 27 min ago0.69 bp7.2 bp −$718.1 bp −$181doesn't fitdoesn't fit
Sell SoDEX live order book, 27 min ago0.35 bp5.1 bp −$59.2 bp −$9296.5 bp −$9,652doesn'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−0.0064%1h143.58−0.049%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.59−0.045%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.68+0.021%$60K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.84+0.132%$228K$389K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.80+0.104%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.657%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.76+0.077%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.61−0.028%20xas long as short
Nado AAVE-PERPlong+0.0072%1h143.65long leg$832K$433K10x
Phoenix AAVE+0.0089%1h143.28−0.258%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.04+0.274%$4.6M$1.5M10xas long as short
OKX AAVE-USDT-SWAP+0.0098%8h143.84+0.132%$17.2M$63.6M50xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.59−0.038%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.99+0.237%$77.9M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h143.88+0.157%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.57−0.053%$327K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.85+0.141%$64.4M$182.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.87+0.153%$61.5M$64.2M75xas long as short
Arcus AAVE-USD+0.0100%1h143.63−0.014%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.56−0.065%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.87+0.153%$7.9M$15.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.88+0.160%$26.0M$23.5M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.89+0.167%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.86+0.146%$30.2M$17.3M75xas long as short
BingX AAVE-USDC+0.0100%8h143.88+0.160%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.00+0.244%$321K$719K10xas long as short
Variational Omni AAVE+0.0100%8h143.76+0.074%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.52−0.093%$103K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.26−0.272%$455K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.31−0.237%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.61−0.028%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.65+0.001%$1K$1.3M20xas long as short
SoDEX AAVE-USDshort+0.0100%1h143.84+0.132%$5K$301K10x
HTX AAVE-USDT+0.0100%8h144.07+0.290%$695K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.85+0.139%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.79+0.096%$913K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.82+0.119%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.65+0.002%$188K$235K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.38−0.188%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.76+0.074%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h143.94+0.200%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.47−0.125%$776K$2.8M50xas long as short