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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: RISEx against Pacifica+0.008%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.008%, 7d avg −0.015%
Together, before fees−0.197%+ Points / potential airdropPacifica: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and RISEx is 0.023% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica AAVE141.890.0100pay 0.0013% / 1h58m 16s$346K$312K10x
ShortRISEx AAVE/USDC141.900.0112get 0.0014% / 1h58m 16s$172K$207K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$2.59
Price spread: +0.008% → −0.015%
$2.3
Slippage, 4 orders
−$14.76
Fee Pacifica: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$23.87
Costs to cover
0.288%
Break-even
71.5 days
Slippage from Pacifica: live order book, 53 min ago; RISEx: live order book, 53 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, 53 min ago1.07 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 53 min ago2.20 bp5.2 bp −$59.8 bp −$98doesn't fitdoesn't fit

AAVE on 42 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD−0.0155%1h141.84−0.032%$7K$242K10xas long as short
dYdX AAVE-USD0.0000%1h142.01+0.086%$102K$6K10xas long as short
01 Exchange AAVEUSD0.0000%1h141.90+0.010%$10K$1K5xas long as short
Kalshi KXAAVEPERP0.0000%8h142.02+0.094%$41K$1.3M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.88−0.004%$208K$335K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.85−0.023%$79K150xas long as short
Phemex AAVEUSDT+0.0009%8h141.88−0.004%$3.9M$3.6M50xas long as short
Bybit AAVEUSDT+0.0023%8h141.85−0.025%$61.4M$60.0M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.472%$422$51K12xas long as short
ApeX Omni AAVEUSDT+0.0035%1h141.73−0.110%$132K$221K50xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h141.75−0.092%20xas long as short
Phoenix AAVE+0.0062%1h142.10+0.151%$4K$80K10xas long as short
Orderly PERP_AAVE_USDC+0.0086%8h141.83−0.039%$17K$2K10xas long as short
Lighter AAVE+0.0096%1h142.06+0.123%$4.6M$2.2M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.78−0.074%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h141.84−0.036%$815K$310K10xas long as short
Hyperliquid AAVE+0.0100%1h142.01+0.087%$78.0M$28.2M10xas long as short
Aster AAVEUSDT+0.0100%8h141.90+0.010%$1.2M$1.1M50xas long as short
Pacifica AAVElong+0.0100%1h141.89long leg$346K$312K10x
Binance AAVEUSDT+0.0100%8h141.85−0.025%$63.9M$163.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.86−0.018%$16.4M$52.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.99+0.073%$95K$205K10xas long as short
Gate AAVE_USDT+0.0100%8h141.87−0.011%$8.2M$13.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.82−0.047%$22.0M$21.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.83−0.039%$10.2M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.91+0.017%$29.3M$15.9M75xas long as short
BingX AAVE-USDT+0.0100%8h141.84−0.032%$42.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h141.97+0.059%$386K$605K10xas long as short
Variational Omni AAVE+0.0100%8h141.71−0.123%$3.7M$692Kas long as short
edgeX AAVEUSDC+0.0100%4h141.75−0.095%$109K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.88−0.004%$448K$3.2M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.87−0.011%$134K$371K10xas long as short
SunX AAVE-USDT+0.0100%8h141.81−0.057%$2K$1.1M20xas long as short
HTX AAVE-USDT+0.0100%8h142.09+0.147%$659K$1.4M75xas long as short
Bulk AAVE-USD+0.0100%1h141.76−0.085%$164K$106K10xas long as short
Extended AAVE-USD+0.0104%1h141.79−0.067%$913K$1.5M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.84−0.036%$120K$14610xas long as short
RISEx AAVE/USDCshort+0.0112%1h141.90+0.008%$172K$207K10x
BloFin AAVE-USDT+0.0220%8h141.81−0.054%$3.3M$3.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0240%1h142.03+0.101%$754K$2.2M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0253% / S −0.0360%1h141.87−0.009%$110K100xas long as short
Kraken Futures PF_AAVEUSD+0.0306%1h141.98+0.069%$3.4M$1.9M50xas long as short