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−0.0058%/8h= −6.4% APRnext payment $0.58 per $10,000 · paid last 24h −0.020%
Price spread now: Binance against SunX+0.136%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1471.468% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 3 days (all we have)−0.297%−$30 · spread now +0.136%, 7d avg +0.012%
Together, before fees−0.379%−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.124% dearer against SunX than usual: you sell high and buy low (spread +0.136% now, against its 7-day average of +0.012%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAVE-USDT145.700.0100pay 0.0100% / 8h59m 45s$1K$1.3M20x
ShortBinance AAVEUSDT145.900.0042get 0.0042% / 8h59m 45s$66.5M$185.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
−$12.26
Price spread: +0.136% → +0.012%
$12.42
Slippage, 4 orders
−$128.8
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$146.64
Costs to cover
1.468%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Binance: 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 SunX live order book, 4 min ago44.91 bp65.0 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.34 bp6.5 bp −$612.8 bp −$12834.9 bp −$3,487153.2 bp −$76.6K

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−0.0120%1h145.83+0.088%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0093%1h145.77+0.047%$255K$417K50xas long as short
Phoenix AAVE−0.0045%1h145.62−0.056%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0008%1h145.74+0.026%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h145.83+0.091%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.66−0.029%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.85+0.104%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.000%$422$51K12xas long as short
MEXC AAVE_USDT+0.0041%8h145.77+0.047%$30.6M$26.1M200xas long as short
Binance AAVEUSDTshort+0.0042%8h145.90+0.136%$66.5M$185.0M75x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.77+0.046%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.87+0.112%$184K$246K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.75+0.033%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.87+0.114%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0062%8h145.88+0.122%$17.8M$67.3M50xas long as short
Gate AAVE_USDT+0.0070%8h145.86+0.108%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.73+0.019%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.07+0.255%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.77+0.045%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.70+0.002%$806K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h146.05+0.239%$80.4M$33.9M10xas long as short
Aster AAVEUSDT+0.0100%8h145.93+0.159%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.77+0.048%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.77+0.047%$62.2M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.84+0.095%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79+0.060%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.79+0.060%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.88+0.122%$30.5M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.88+0.122%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.90+0.136%$351K$724K10xas long as short
Variational Omni AAVE+0.0100%8h145.55−0.108%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.58−0.084%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.53−0.118%$460K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.49−0.146%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.87+0.115%$128K$467K10xas long as short
SunX AAVE-USDTlong+0.0100%8h145.70long leg$1K$1.3M20x
HTX AAVE-USDT+0.0100%8h145.89+0.128%$698K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.73+0.019%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.74+0.027%$935K$1.7M50xas long as short
BloFin AAVE-USDT+0.0161%8h145.63−0.049%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.85+0.101%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.97+0.184%$793K$3.0M50xas long as short