Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%

Price spread now: Aster against Polymarket Perps+0.056%7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.788%−$79 · spread now +0.056%, 7d avg −0.034%

Together, before fees−0.805%+ Points / potential airdropAster: Stage 5 · farm board−$81 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: Aster is 0.090% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AAVE-USD	143.90	0.0100	pay 0.0013% / 1h	33m 20s	$124K	$418K	10x
Short	Aster AAVEUSDT	143.98	0.0100	get 0.0100% / 8h	6h 33m	$1.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → −0.034%: $8.95
Slippage, 4 orders: −$22.14
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$29.19
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 34 min ago; Aster: live order book, 5 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 Polymarket Perps live order book, 34 min ago	3.08 bp	9.1 bp −$9	9.6 bp −$96	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	4.53 bp	11.6 bp −$12	28.1 bp −$281	doesn't fit	doesn't fit

AAVE on 41 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
Deribit AAVE_USDC-PERPETUAL	−0.4405%	1h	143.27	−0.438%	$249K	$362K	50x	as long as short
01 Exchange AAVEUSD	−0.0056%	1h	143.88	−0.014%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	143.96	+0.043%	$3.4M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.97	+0.049%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.03	+0.090%	$65K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.93	+0.018%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.01	+0.076%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.823%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.91	+0.007%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.84	−0.040%	—	—	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0050%	8h	143.93	+0.021%	$27.0M	$24.8M	200x	as long as short
Binance AAVEUSDT	+0.0052%	8h	143.89	−0.007%	$64.8M	$185.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	143.88	−0.014%	$17.4M	$65.8M	50x	as long as short
Gate AAVE_USDT	+0.0083%	8h	143.95	+0.035%	$7.7M	$15.1M	75x	as long as short
SoDEX AAVE-USD	+0.0086%	1h	143.89	−0.007%	$5K	$298K	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	143.92	+0.017%	$184K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.05	+0.107%	$4.6M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.94	+0.030%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.88	−0.016%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.79	−0.073%	$800K	$426K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.01	+0.076%	$78.0M	$35.6M	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	143.98	+0.056%	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	143.88	−0.015%	$328K	$436K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.87	−0.021%	$61.6M	$65.1M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.89	−0.007%	$44K	$192K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.50	−0.280%	$58K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.93	+0.021%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.84	−0.042%	$29.9M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.90	0.000%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.35	+0.313%	$324K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.89	−0.005%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.91	+0.006%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.96	+0.040%	$456K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.98	+0.056%	$134K	$230K	50x	as long as short
Polymarket Perps AAVE-USDlong	+0.0100%	1h	143.90	long leg	$124K	$418K	10x
SunX AAVE-USDT	+0.0100%	8h	143.92	+0.011%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.08	+0.124%	$698K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.95	+0.035%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.85	−0.037%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0357%	1h	143.95	+0.033%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.29	+0.271%	$773K	$2.8M	50x	as long as short