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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h +0.012%
Price spread now: Injective against 01 Exchange−2.831%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.831% cheaper against 01 Exchange than usual: you would sell low and buy high (−$283 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange AAVEUSD140.950.0104pay 0.0013% / 1h24m 07s$10K$2K5x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h24m 07s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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
−$14.84
Price spread: −2.831% → 0.000%
−$283.08
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$304.94
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Injective: no order-book sample. 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 01 Exchange no order-book sample
Sell Injective no order-book sample
01 Exchange and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h140.96+0.005%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h140.90−0.035%$45K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h140.96+0.007%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h140.92−0.019%$78K150xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−2.831%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h140.89−0.044%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h140.91−0.028%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.12+0.117%$4.5M$2.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h140.85−0.074%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h140.85−0.067%$822K$397K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h141.09+0.099%$77.1M$37.0M10xas long as short
Aster AAVEUSDT+0.0100%8h140.97+0.011%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h140.89−0.042%$328K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h140.93−0.015%$63.1M$191.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h140.91−0.028%$60.5M$69.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.94−0.007%$16.6M$64.7M50xas long as short
Arcus AAVE-USD+0.0100%1h141.00+0.035%$91K$221K10xas long as short
Bulk AAVE-USD+0.0100%1h141.09+0.098%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h140.98+0.021%$8.0M$16.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h140.92−0.021%$22.9M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h140.94−0.007%$10.1M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.91−0.028%$28.6M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h140.950.000%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h140.88−0.050%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.09+0.103%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.16+0.152%$443K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.08+0.092%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h140.96+0.007%$133K$483K10xas long as short
SunX AAVE-USDT+0.0100%8h140.91−0.029%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h140.92−0.021%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h141.04+0.065%$666K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h140.950.000%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h140.87−0.060%$910K$1.8M50xas long as short
01 Exchange AAVEUSDlong+0.0104%1h140.95long leg$10K$2K5x
Aevo AAVE-PERP+0.0104%1h140.96+0.004%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h140.98+0.021%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h140.89−0.043%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0245%1h140.91−0.026%$187K$291K10xas long as short
Backpack AAVE_USDC_PERP+0.0248%1h141.07+0.085%$384K$732K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h140.94−0.009%$110K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h141.15+0.142%$751K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0272%1h140.98+0.021%$3.3M$2.1M50xas long as short