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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h +0.004%
Price spread now: ApeX Omni against RISEx+0.230%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$330.334% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.230%, 7d avg +0.016%
Together, before fees−0.134%−$13 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: ApeX Omni is 0.214% dearer against RISEx than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC145.540.0107pay 0.0013% / 1h57m 03s$184K$246K10x
ShortApeX Omni AAVEUSDT145.870.0100get 0.0013% / 1h57m 03s$136K$229K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
−$1.39
Price spread: +0.230% → +0.016%
$21.4
Slippage, 4 orders
−$17.42
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$13.41
Costs to cover
0.334%
Break-even
never at this rate
Slippage from RISEx: live order book, 16 min ago; ApeX Omni: live order book, 14 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, 16 min ago0.41 bp3.4 bp −$37.2 bp −$72doesn't fitdoesn't fit
Sell ApeX Omni live order book, 14 min ago5.14 bp13.3 bp −$1367.4 bp −$674doesn'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−0.0185%1h145.60+0.042%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSD−0.0096%1h145.49−0.031%$11K$2K5xas long as short
Phoenix AAVE−0.0027%1h145.79+0.175%$5K$102K10xas long as short
dYdX AAVE-USD0.0000%1h145.50−0.026%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.39−0.100%$77K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h145.48−0.038%$254K$391K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.56+0.020%$70K150xas long as short
MEXC AAVE_USDT+0.0027%8h145.61+0.051%$29.4M$25.5M200xas long as short
Binance AAVEUSDT+0.0027%8h145.61+0.051%$66.1M$188.3M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.892%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.42−0.083%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.42−0.079%$18K$12K10xas long as short
SoDEX AAVE-USD+0.0056%1h145.45−0.059%$5K$305K10xas long as short
OKX AAVE-USDT-SWAP+0.0068%8h145.62+0.058%$17.8M$67.3M50xas long as short
Aevo AAVE-PERP+0.0088%1h145.58+0.034%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.65+0.077%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.40−0.091%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.35−0.127%$795K$453K10xas long as short
Hyperliquid AAVE+0.0100%1h145.70+0.113%$79.6M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h145.57+0.021%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.40−0.091%$332K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.62+0.058%$62.1M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.50−0.024%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.52−0.007%$61K−$010xas long as short
Gate AAVE_USDT+0.0100%8h145.58+0.031%$7.8M$15.1M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.43−0.072%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.60+0.044%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.59+0.038%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.68+0.099%$348K$744K10xas long as short
Variational Omni AAVE+0.0100%8h145.88+0.234%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.77+0.160%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.91+0.258%$467K$3.9M10xas long as short
ApeX Omni AAVEUSDTshort+0.0100%1h145.87+0.230%$136K$229K50x
Polymarket Perps AAVE-USD+0.0100%1h145.50−0.024%$127K$455K10xas long as short
SunX AAVE-USDT+0.0100%8h145.44−0.068%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.51−0.015%$688K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.53−0.004%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.59+0.036%$934K$1.7M50xas long as short
RISEx AAVE/USDClong+0.0107%1h145.54long leg$184K$246K10x
BloFin AAVE-USDT+0.0108%8h145.45−0.059%$3.4M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.56+0.017%$127K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h145.64+0.072%$780K$3.1M50xas long as short