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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0260%/8h= +28.5% APRpaid last 24h +0.077%
Price spread now: Coinbase International against Variational Omni+0.293%7-day average +0.098% · 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 4 days (all we have)+0.151%+$15 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.293%, 7d avg +0.098%
Together, before fees+0.024%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.195% dearer against Variational Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AAVE143.260.0100pay 0.0100% / 8h3h 33m$3.7M$1.3M
ShortCoinbase International AAVE-PERP-INTX143.680.0360get 0.0045% / 1h33m 18s$788K$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$54.6
Price spread: +0.293% → +0.098%
$19.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$64.1
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Coinbase International: live order book, 1 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, 1 min ago3.07 bpdoesn't fit11.2 bp −$112doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago4.18 bp13.9 bp −$1418.7 bp −$187doesn'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%1h143.27+0.004%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.25−0.007%$51K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.34+0.056%$219K$397K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.35+0.064%$80K150xas long as short
Nado AAVE-PERP+0.0026%1h143.31+0.038%$837K$398K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.398%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h143.52+0.182%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.28+0.014%20xas long as short
Phemex AAVEUSDT+0.0051%8h143.31+0.035%$4.0M$3.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0056%8h143.30+0.028%$18K$10K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSD+0.0088%1h143.39+0.091%$10K$2K5xas long as short
Lighter AAVE+0.0096%1h143.49+0.160%$4.5M$2.2M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.28+0.017%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.38+0.083%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h143.29+0.021%$328K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h143.33+0.049%$64.0M$188.4M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.31+0.035%$61.6M$67.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.32+0.042%$17.1M$64.6M50xas long as short
Arcus AAVE-USD+0.0100%1h143.44+0.126%$64K$200K10xas long as short
Gate AAVE_USDT+0.0100%8h143.34+0.056%$8.0M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.33+0.049%$25.7M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.31+0.035%$10.4M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.28+0.014%$29.2M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h143.29+0.021%$43.6Mas long as short
Variational Omni AAVElong+0.0100%8h143.26long leg$3.7M$1.3M
edgeX AAVEUSDC+0.0100%4h143.33+0.046%$104K$280K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.37+0.074%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.41+0.105%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.40+0.098%$132K$449K10xas long as short
SunX AAVE-USDT+0.0100%8h143.32+0.041%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.28+0.014%$5K$309K10xas long as short
HTX AAVE-USDT+0.0100%8h143.39+0.089%$689K$5.2M75xas long as short
Bulk AAVE-USD+0.0100%1h143.31+0.035%$58K$2K10xas long as short
Extended AAVE-USD+0.0104%1h143.23−0.018%$905K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.35+0.064%$121K$14610xas long as short
Backpack AAVE_USDC_PERP+0.0106%1h143.32+0.042%$336K$720K10xas long as short
RISEx AAVE/USDC+0.0132%1h143.41+0.104%$186K$252K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.33+0.049%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0247%1h143.38+0.081%$3.4M$2.1M50xas long as short
Hyperliquid AAVE+0.0251%1h143.47+0.147%$78.6M$36.9M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.34+0.059%$112K100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0360%1h143.68+0.293%$788K$2.8M50x