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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0088%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h +0.003%
Price spread now: Nado against RISEx−0.069%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.035%+$3 on $10k
Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.069%, 7d avg −0.026%
Together, before fees+0.269%+ Points / potential airdropNado: Active · farm board+$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.043% cheaper against RISEx than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC142.550.0132pay 0.0016% / 1h1m 23s$186K$251K10x
ShortNado AAVE-PERP142.450.0043get 0.0005% / 1h1m 23s$828K$400K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$18.55
Price spread: −0.069% → −0.026%
−$4.28
Slippage, 4 orders
−$7.08
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$42.91
Costs to cover
0.201%
Break-even
never at this rate
Slippage from RISEx: live order book, 52 min ago; Nado: live order book, 52 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, 52 min ago0.69 bp3.7 bp −$49.0 bp −$90doesn't fitdoesn't fit
Sell Nado live order book, 52 min ago1.04 bp4.9 bp −$510.8 bp −$108doesn'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
dYdX AAVE-USD0.0000%1h142.36−0.131%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.53−0.013%$49K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.33−0.153%$217K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.50−0.031%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.920%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h142.46−0.062%$4K$106K10xas long as short
Nado AAVE-PERPshort+0.0043%1h142.45−0.069%$828K$400K10x
Reya AAVERUSDPERP+0.0044%1h142.48−0.046%20xas long as short
Orderly PERP_AAVE_USDC+0.0058%8h142.50−0.034%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0075%8h142.34−0.146%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h142.42−0.089%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.64+0.065%$78.0M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h142.53−0.011%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.46−0.059%$326K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.52−0.022%$63.7M$188.4M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.49−0.041%$61.2M$67.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.51−0.027%$17.1M$64.3M50xas long as short
Arcus AAVE-USD+0.0100%1h142.60+0.037%$64K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h142.61+0.044%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.49−0.041%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.53−0.013%$25.7M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.51−0.027%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.52−0.020%$29.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h142.49−0.041%$43.6Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.41−0.097%$335K$725K10xas long as short
Variational Omni AAVE+0.0100%8h142.93+0.268%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.64+0.064%$104K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.78+0.164%$456K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.66+0.079%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.60+0.037%$131K$450K10xas long as short
SunX AAVE-USDT+0.0100%8h142.31−0.166%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.33−0.153%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h142.46−0.062%$681K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h142.47−0.057%$906K$1.8M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.54−0.006%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h142.53−0.016%$120K$14610xas long as short
RISEx AAVE/USDClong+0.0132%1h142.55long leg$186K$251K10x
BloFin AAVE-USDT+0.0220%8h142.58+0.023%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0249%1h142.40−0.106%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.50−0.031%$111K100xas long as short
Lighter AAVE+0.0256%1h142.67+0.084%$4.5M$2.4M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h142.48−0.048%$783K$2.8M50xas long as short