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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica+0.143%7-day average −0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.143%, 7d avg −0.072%
Together, before fees−0.202%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.215% dearer against Pacifica than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.072%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica AAVE142.850.0100pay 0.0013% / 1h50m 49s$326K$448K10x
ShortExtended AAVE-USD143.050.0104get 0.0013% / 1h50m 49s$911K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.143% → −0.072%
$21.49
Slippage, 4 orders
−$18.75
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$9.42
Costs to cover
0.317%
Break-even
85.5 days
Slippage from Pacifica: live order book, 58 min ago; Extended: live order book, 3 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 Pacifica live order book, 58 min ago3.48 bp9.0 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago3.50 bp6.6 bp −$720.8 bp −$208doesn'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%1h142.81−0.024%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.98+0.092%$50K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.92+0.050%$217K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.93+0.056%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.122%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.87+0.014%20xas long as short
Nado AAVE-PERP+0.0053%1h142.81−0.027%$830K$400K10xas long as short
Orderly PERP_AAVE_USDC+0.0076%8h142.90+0.036%$18K$10K10xas long as short
Phoenix AAVE+0.0089%1h143.18+0.232%$4K$108K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.78−0.049%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAVEUSDT+0.0100%8h143.11+0.183%$1.2M$1.2M50xas long as short
Pacifica AAVElong+0.0100%1h142.85long leg$326K$448K10x
Binance AAVEUSDT+0.0100%8h143.08+0.162%$64.4M$192.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.09+0.169%$61.6M$68.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.08+0.162%$17.1M$65.7M50xas long as short
Arcus AAVE-USD+0.0100%1h142.91+0.043%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.024%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.07+0.155%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.11+0.183%$25.1M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.09+0.169%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.12+0.190%$29.3M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h143.07+0.155%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.14+0.204%$336K$725K10xas long as short
Variational Omni AAVE+0.0100%8h142.91+0.044%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.98+0.093%$107K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.97+0.084%$452K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.95+0.071%$133K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.94+0.064%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.81−0.029%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.93+0.057%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.21+0.254%$680K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.03+0.127%$4.0M$3.6M50xas long as short
Extended AAVE-USDshort+0.0104%1h143.05+0.143%$911K$1.7M50x
Aevo AAVE-PERP+0.0104%1h142.92+0.051%$121K$14610xas long as short
Lighter AAVE+0.0128%1h143.15+0.213%$4.5M$2.4M10xas long as short
01 Exchange AAVEUSD+0.0136%1h142.89+0.029%$10K$2K5xas long as short
BloFin AAVE-USDT+0.0220%8h142.99+0.099%$3.3M$3.6M100xas long as short
Hyperliquid AAVE+0.0241%1h143.31+0.323%$78.3M$37.2M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.92+0.052%$112K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.87+0.018%$196K$262K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.94+0.064%$761K$2.9M50xas long as short
Kraken Futures PF_AAVEUSD+0.0315%1h143.02+0.123%$3.4M$2.1M50xas long as short