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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.054%
Price spread now: Aevo against SoDEX+0.066%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.081%+$8 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.066%, 7d avg +0.025%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aevo is 0.040% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AAVE-USD144.72−0.0064get 0.0008% / 1h34m 46s$5K$298K10x
ShortAevo AAVE-PERP144.810.0088get 0.0011% / 1h34m 46s$122K$14610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
$31.92
Price spread: +0.066% → +0.025%
$4.05
Slippage, 4 orders
−$85.45
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$73.48
Costs to cover
1.095%
Break-even
23.1 days
Slippage from SoDEX: live order book, 49 min ago; Aevo: live order book, 49 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 SoDEX live order book, 49 min ago0.35 bp5.0 bp −$510.2 bp −$10294.9 bp −$9,494doesn't fit
Sell Aevo live order book, 49 min ago34.26 bp51.0 bp −$51290.8 bp −$2,908doesn'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
01 Exchange AAVEUSD−0.0168%1h144.73+0.007%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0095%1h144.77+0.035%$254K$480K50xas long as short
SoDEX AAVE-USDlong−0.0064%1h144.72long leg$5K$298K10x
Phoenix AAVE−0.0045%1h144.94+0.152%$5K$100K10xas long as short
dYdX AAVE-USD0.0000%1h144.60−0.080%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.67−0.035%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.81+0.059%$70K150xas long as short
MEXC AAVE_USDT+0.0033%8h144.67−0.035%$31.0M$25.7M200xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.362%$422$51K12xas long as short
Binance AAVEUSDT+0.0033%8h144.67−0.035%$65.8M$185.6M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.77+0.037%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.78+0.043%$180K$246K10xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.76+0.028%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0051%8h144.68−0.028%$17.6M$66.7M50xas long as short
Gate AAVE_USDT+0.0053%8h144.69−0.021%$7.8M$15.8M75xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.83+0.074%$3.5M$2.1M50xas long as short
Bulk AAVE-USD+0.0080%1h144.69−0.024%$61K$3K10xas long as short
Aevo AAVE-PERPshort+0.0088%1h144.81+0.066%$122K$14610x
GRVT AAVE_USDT_Perp+0.0090%8h144.82+0.070%$463K$3.8M10xas long as short
Lighter AAVE+0.0096%1h144.92+0.140%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.63−0.059%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.65−0.045%$801K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.82+0.068%$79.6M$34.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.68−0.027%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.61−0.075%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.67−0.035%$61.4M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h144.74+0.014%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.67−0.035%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.68−0.028%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.68−0.028%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.82+0.069%$380K$713K10xas long as short
Variational Omni AAVE+0.0100%8h144.61−0.077%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.86+0.100%$103K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.96+0.166%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.84+0.083%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.76+0.030%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.87+0.102%$694K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.720.000%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.60−0.082%$929K$1.8M50xas long as short
BloFin AAVE-USDT+0.0134%8h144.68−0.028%$3.4M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.82+0.069%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h144.94+0.152%$781K$3.0M50xas long as short