Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Aster against Pacifica−0.017%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.017%, 7d avg +0.002%

Together, before fees+0.031%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AAVE	143.50	0.0100	pay 0.0013% / 1h	34m 42s	$328K	$446K	10x
Short	Aster AAVEUSDT	143.47	0.0100	get 0.0100% / 8h	3h 34m	$1.2M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee AsterbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → +0.002%: −$1.89
Slippage, 4 orders: −$20.69
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$38.59
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Pacifica: live order book, 19 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 19 min ago	2.08 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	3.13 bp	12.9 bp −$13	31.8 bp −$318	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX AAVE-USD	0.0000%	1h	143.51	+0.008%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.33	−0.117%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.42	−0.055%	$219K	$397K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.42	−0.054%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0023%	1h	143.38	−0.086%	$837K	$398K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.556%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.53	+0.022%	$4K	$106K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.39	−0.078%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0055%	8h	143.41	−0.062%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0056%	8h	143.44	−0.041%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0088%	1h	143.38	−0.083%	$10K	$2K	5x	as long as short
Lighter AAVE	+0.0096%	1h	143.68	+0.127%	$4.6M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.39	−0.079%	$13K	$4K	20x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	143.47	−0.017%	$1.2M	$1.3M	50x
Pacifica AAVElong	+0.0100%	1h	143.50	long leg	$328K	$446K	10x
Binance AAVEUSDT	+0.0100%	8h	143.46	−0.027%	$64.1M	$188.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.43	−0.048%	$61.7M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.36	−0.096%	$17.1M	$64.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.41	−0.062%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.41	−0.062%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.44	−0.041%	$25.7M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.42	−0.055%	$10.4M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.39	−0.076%	$29.2M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.41	−0.062%	—	$43.7M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.26	−0.166%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.43	−0.044%	$104K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.20	−0.205%	$449K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.41	−0.062%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.50	+0.001%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.31	−0.134%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.39	−0.076%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.48	−0.014%	$690K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.72	+0.154%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.38	−0.084%	$905K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.49	−0.004%	$121K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0104%	1h	143.54	+0.029%	$337K	$720K	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.38	−0.080%	$186K	$252K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.37	−0.090%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0247%	1h	143.49	−0.009%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.42	−0.054%	$112K	—	100x	as long as short
Hyperliquid AAVE	+0.0265%	1h	143.64	+0.099%	$78.7M	$36.9M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.127%	$788K	$2.8M	50x	as long as short