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−0.0019%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.008%
Price spread now: Aevo against RISEx−0.047%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.040%+$4 on $10k
Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.047%, 7d avg +0.011%
Together, before fees+0.171%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.058% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC146.340.0107pay 0.0013% / 1h12m 11s$185K$246K10x
ShortAevo AAVE-PERP146.280.0088get 0.0011% / 1h12m 11s$124K$14610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$3.91
Price spread: −0.047% → +0.011%
−$5.75
Slippage, 4 orders
−$80.92
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$112.58
Costs to cover
1.029%
Break-even
never at this rate
Slippage from RISEx: live order book, 61 min ago; Aevo: live order book, 61 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 RISEx live order book, 61 min ago0.41 bp3.4 bp −$37.2 bp −$72doesn't fitdoesn't fit
Sell Aevo live order book, 61 min ago33.86 bp47.7 bp −$48277.6 bp −$2,776doesn'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
Kraken Futures PF_AAVEUSD−0.0184%1h146.44+0.068%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0152%1h146.26−0.057%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0077%1h146.32−0.016%$5K$295K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0023%1h146.34−0.002%$255K$367K50xas long as short
Phemex AAVEUSDT−0.0004%8h146.32−0.016%$4.2M$3.8M50xas long as short
dYdX AAVE-USD0.0000%1h146.44+0.067%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.24−0.070%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.55+0.141%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.38+0.023%$71K150xas long as short
MEXC AAVE_USDT+0.0023%8h146.24−0.070%$28.7M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h146.25−0.064%$66.2M$183.4M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.412%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h146.25−0.065%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h146.29−0.036%$18K$10K10xas long as short
ApeX Omni AAVEUSDT+0.0046%1h146.45+0.073%$136K$231K50xas long as short
OKX AAVE-USDT-SWAP+0.0065%8h146.24−0.070%$17.9M$66.2M50xas long as short
Aevo AAVE-PERPshort+0.0088%1h146.28−0.047%$124K$14610x
Gate AAVE_USDT+0.0094%8h146.28−0.043%$7.9M$15.3M75xas long as short
BloFin AAVE-USDT+0.0095%8h146.33−0.009%$3.5M$3.5M100xas long as short
Lighter AAVE+0.0096%1h146.54+0.135%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.36+0.009%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.34−0.006%$800K$423K10xas long as short
Hyperliquid AAVE+0.0100%1h146.39+0.032%$79.8M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.40+0.039%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.36+0.013%$334K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.25−0.064%$62.6M$64.8M75xas long as short
Arcus AAVE-USD+0.0100%1h146.36+0.012%$46K$270K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.380%$59K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.37+0.018%$11.1M$9.0M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.24−0.070%$30.3M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h146.24−0.070%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.35+0.005%$331K$736K10xas long as short
Variational Omni AAVE+0.0100%8h146.27−0.048%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.39+0.035%$106K$319K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.46+0.080%$466K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.37+0.018%$127K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h146.30−0.027%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.49+0.100%$712K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.27−0.049%$939K$1.7M50xas long as short
RISEx AAVE/USDClong+0.0107%1h146.34long leg$185K$246K10x
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h146.35+0.006%$130K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.42+0.053%$785K$2.9M50xas long as short