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+0.0099%/8h= +10.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.017%
Price spread now: BloFin against SunX+0.114%55s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.143%+$14 on $10k
Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.114%, 7d avg +0.018%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.096% dearer against SunX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAVE-USDT144.960.0100pay 0.0100% / 8h2h 45m$1K$1.3M20x
ShortBloFin AAVE-USDT145.120.0199get 0.0199% / 8h2h 45m$3.5M$5.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$20.87
Price spread: +0.114% → +0.018%
$9.62
Slippage, 4 orders
−$129.04
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$118.55
Costs to cover
1.490%
Break-even
46.8 days
Slippage from SunX: live order book, 8 min ago; BloFin: live order book, 3 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, 8 min ago44.87 bp64.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.69 bp9.2 bp −$915.0 bp −$15040.4 bp −$4,038doesn'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
Deribit AAVE_USDC-PERPETUAL−0.0370%1h145.01+0.038%$250K$483K50xas long as short
SoDEX AAVE-USD−0.0186%1h144.95−0.003%$5K$311K10xas long as short
01 Exchange AAVEUSD−0.0136%1h145.08+0.086%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h145.11+0.107%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.04+0.060%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.20+0.169%$74K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.10+0.101%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.16+0.139%$3.5M$2.0M50xas long as short
ApeX Omni AAVEUSDT+0.0019%1h145.02+0.045%$135K$229K50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.516%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.06+0.070%20xas long as short
OKX AAVE-USDT-SWAP+0.0049%8h144.95−0.003%$17.6M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h145.01+0.038%$18K$12K10xas long as short
Gate AAVE_USDT+0.0062%8h144.99+0.024%$7.7M$15.6M75xas long as short
Binance AAVEUSDT+0.0076%8h144.93−0.014%$65.9M$181.8M75xas long as short
Nado AAVE-PERP+0.0077%1h145.08+0.085%$805K$444K10xas long as short
MEXC AAVE_USDT+0.0078%8h144.93−0.017%$32.1M$26.1M200xas long as short
Lighter AAVE+0.0096%1h145.14+0.130%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.02+0.044%$180K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.96+0.003%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h145.12+0.116%$81.1M$32.5M10xas long as short
Aster AAVEUSDT+0.0100%8h145.07+0.080%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.98+0.018%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.00+0.031%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.97+0.010%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h145.14+0.126%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.98+0.017%$10.1M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.95−0.003%$30.2M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.96+0.003%$44.3Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.05+0.066%$381K$703K10xas long as short
Variational Omni AAVE+0.0100%8h144.98+0.014%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.18+0.155%$101K$313K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.21+0.176%$461K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.12+0.114%$127K$467K10xas long as short
SunX AAVE-USDTlong+0.0100%8h144.96long leg$1K$1.3M20x
HTX AAVE-USDT+0.0100%8h145.36+0.282%$738K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.04+0.059%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.93−0.018%$936K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h145.03+0.050%$122K$14610xas long as short
BloFin AAVE-USDTshort+0.0199%8h145.12+0.114%$3.5M$5.3M100x
Coinbase International AAVE-PERP-INTX+0.0248%1h145.44+0.335%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.10+0.103%$125K100xas long as short