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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment $0.18 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against RISEx−0.068%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.068%, 7d avg +0.014%
Together, before fees+0.168%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Pacifica is 0.082% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC142.300.0245pay 0.0031% / 1h46m 37s$188K$278K10x
ShortPacifica AAVE142.200.0100get 0.0013% / 1h46m 37s$325K$384K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$30.5
Price spread: −0.068% → +0.014%
−$8.19
Slippage, 4 orders
−$9.58
Fee RISEx: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$62.27
Costs to cover
0.236%
Break-even
never at this rate
Slippage from RISEx: live order book, 57 min ago; Pacifica: live order book, 57 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, 57 min ago1.54 bp4.5 bp −$58.3 bp −$83doesn't fitdoesn't fit
Sell Pacifica live order book, 57 min ago2.11 bp6.8 bp −$7doesn't fitdoesn'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%1h142.22−0.051%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.30+0.002%$47K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.31+0.009%$215K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.30+0.003%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.750%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.26−0.029%20xas long as short
Nado AAVE-PERP+0.0077%1h142.28−0.008%$830K$395K10xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h142.26−0.026%$18K$7K10xas long as short
Lighter AAVE+0.0096%1h142.39+0.064%$4.5M$2.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.12−0.121%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h142.34+0.031%$77.9M$36.8M10xas long as short
Aster AAVEUSDT+0.0100%8h142.25−0.035%$1.2M$1.2M50xas long as short
Pacifica AAVEshort+0.0100%1h142.20−0.068%$325K$384K10x
Binance AAVEUSDT+0.0100%8h142.17−0.089%$63.7M$189.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.14−0.110%$61.2M$67.8M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.14−0.110%$17.0M$64.0M50xas long as short
Arcus AAVE-USD+0.0100%1h142.32+0.017%$63K$193K10xas long as short
Bulk AAVE-USD+0.0100%1h141.93−0.258%$160K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h142.19−0.075%$8.0M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.17−0.089%$23.9M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.23−0.047%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.16−0.096%$29.0M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h142.18−0.082%$43.5Mas long as short
Variational Omni AAVE+0.0100%8h141.90−0.281%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h142.01−0.204%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.07−0.158%$446K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.20−0.068%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.37+0.052%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.29−0.002%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.23−0.047%$5K$286K10xas long as short
HTX AAVE-USDT+0.0100%8h142.40+0.070%$673K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.32+0.017%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h142.13−0.120%$915K$1.7M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.37+0.052%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h142.31+0.012%$120K$14610xas long as short
Phoenix AAVE+0.0152%1h142.31+0.009%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.23−0.047%$3.3M$3.5M100xas long as short
RISEx AAVE/USDClong+0.0245%1h142.30long leg$188K$278K10x
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.300.000%$111K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h142.36+0.045%$755K$2.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0269%1h142.31+0.007%$3.4M$2.1M50xas long as short
Backpack AAVE_USDC_PERP+0.0353%1h142.34+0.031%$388K$728K10xas long as short