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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Polymarket Perps−6.327%51s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 6.327% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$633 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AAVE-USD146.210.0100pay 0.0013% / 1h41m 44s$128K$434K10x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h41m 44s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$14
Price spread: −6.327% → 0.000%
−$632.65
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$654.67
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Polymarket Perps: live order book, 31 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 31 min ago1.37 bp6.7 bp −$77.5 bp −$75doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_AAVEUSD−0.0184%1h146.45+0.163%$3.5M$2.1M50xas long as short
Phemex AAVEUSDT−0.0172%8h146.28+0.048%$4.2M$3.8M50xas long as short
01 Exchange AAVEUSD−0.0128%1h146.11−0.068%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0057%1h146.31+0.068%$5K$305K10xas long as short
dYdX AAVE-USD0.0000%1h146.210.000%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.14−0.048%$79K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h145.81−0.274%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.35+0.096%$255K$373K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.31+0.068%$71K150xas long as short
MEXC AAVE_USDT+0.0023%8h146.16−0.034%$29.3M$25.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h146.03−0.123%$66.2M$186.7M75xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−6.327%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h146.13−0.053%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h146.28+0.048%$18K$10K10xas long as short
ApeX Omni AAVEUSDT+0.0049%1h145.80−0.280%$136K$230K50xas long as short
OKX AAVE-USDT-SWAP+0.0065%8h145.95−0.178%$17.9M$67.2M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.31+0.065%$124K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0093%8h145.86−0.239%$457K$3.9M10xas long as short
BloFin AAVE-USDT+0.0095%8h146.22+0.007%$3.5M$4.1M100xas long as short
Lighter AAVE+0.0096%1h146.18−0.021%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.07−0.098%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.04−0.113%$799K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h146.23+0.014%$79.8M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.22+0.008%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.07−0.096%$333K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.99−0.150%$62.4M$65.7M75xas long as short
Arcus AAVE-USD+0.0100%1h146.12−0.062%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.05−0.109%$61K−$010xas long as short
Gate AAVE_USDT+0.0100%8h146.18−0.021%$7.9M$15.2M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.30+0.062%$10.1M$8.8M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.25+0.027%$30.3M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h146.16−0.034%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.42+0.144%$347K$734K10xas long as short
Variational Omni AAVE+0.0100%8h145.63−0.395%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.74−0.319%$105K$318K20xas long as short
Polymarket Perps AAVE-USDlong+0.0100%1h146.21long leg$128K$434K10x
SunX AAVE-USDT+0.0100%8h146.08−0.086%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.41+0.138%$698K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h146.10−0.072%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.15−0.042%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h146.27+0.042%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.08−0.089%$786K$3.1M50xas long as short