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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h +0.022%
Price spread now: ApeX Omni against Variational Omni+0.115%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.061%+$6 on $10k
Price spread, last 3 days (all we have)−0.045%−$4 · spread now +0.115%, 7d avg +0.035%
Together, before fees+0.016%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.080% dearer against Variational Omni than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.035%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 3 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AAVE145.630.0100pay 0.0100% / 8h7h 41m$3.8M$1.3M
ShortApeX Omni AAVEUSDT145.800.0049get 0.0006% / 1h41m 25s$136K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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
−$10.65
Price spread: +0.115% → +0.035%
$8.03
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$12.62
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; ApeX Omni: live order book, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago3.08 bpdoesn't fit12.5 bp −$125doesn't fitdoesn't fit
Sell ApeX Omni live order book, 30 min ago5.14 bp13.3 bp −$1367.4 bp −$674doesn'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
Kraken Futures PF_AAVEUSD−0.0184%1h146.45+0.561%$3.5M$2.1M50xas long as short
Phemex AAVEUSDT−0.0172%8h146.28+0.445%$4.2M$3.8M50xas long as short
01 Exchange AAVEUSD−0.0128%1h145.98+0.239%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0057%1h146.31+0.465%$5K$305K10xas long as short
dYdX AAVE-USD0.0000%1h146.21+0.397%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.14+0.349%$79K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.21+0.397%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.35+0.493%$255K$373K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.04+0.282%$71K150xas long as short
MEXC AAVE_USDT+0.0024%8h145.97+0.232%$29.3M$25.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h145.95+0.218%$66.1M$186.7M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.955%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.95+0.217%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h145.98+0.239%$18K$10K10xas long as short
ApeX Omni AAVEUSDTshort+0.0049%1h145.80+0.115%$136K$230K50x
OKX AAVE-USDT-SWAP+0.0064%8h145.99+0.246%$17.9M$67.2M50xas long as short
Gate AAVE_USDT+0.0086%8h146.00+0.252%$7.9M$15.2M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.31+0.462%$124K$14610xas long as short
BloFin AAVE-USDT+0.0095%8h146.22+0.403%$3.5M$4.1M100xas long as short
Lighter AAVE+0.0096%1h146.18+0.376%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.98+0.240%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.98+0.237%$798K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h146.11+0.328%$79.7M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.04+0.282%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.11+0.327%$333K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.97+0.232%$62.4M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h146.00+0.252%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.05+0.287%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.99+0.246%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.96+0.225%$30.3M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h145.97+0.232%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.42+0.541%$347K$734K10xas long as short
Variational Omni AAVElong+0.0100%8h145.63long leg$3.8M$1.3M
edgeX AAVEUSDC+0.0100%4h146.12+0.335%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.12+0.333%$462K$3.9M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.05+0.287%$128K$433K10xas long as short
SunX AAVE-USDT+0.0100%8h146.08+0.310%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.41+0.535%$698K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h145.92+0.201%$932K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.03+0.275%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h146.01+0.258%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.08+0.307%$786K$3.1M50xas long as short