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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Bulk against ApeX Omni−0.031%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bulk is 0.031% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT144.020.0056pay 0.0007% / 1h7m 13s$134K$229K50x
ShortBulk AAVE-USD143.970.0073get 0.0009% / 1h7m 13s$60K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against ApeX 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
$3.57
Price spread: −0.031% → 0.000%
−$3.13
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$16.56
Costs to cover
0.170%
Break-even
39.5 days
Slippage unknown: ApeX Omni: live order book, 14 min ago; Bulk: 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 ApeX Omni live order book, 14 min ago6.59 bp14.6 bp −$15100.9 bp −$1,009doesn't fitdoesn't fit
Sell Bulk no order-book sample
Bulk: 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
Deribit AAVE_USDC-PERPETUAL−0.0377%1h143.45−0.396%$252K$494K50xas long as short
SoDEX AAVE-USD−0.0136%1h143.37−0.451%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0096%1h143.92−0.069%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.10+0.056%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h143.97−0.037%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.83−0.132%$70K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.70−0.221%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h143.52−0.346%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.902%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.62−0.280%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0047%8h143.39−0.437%$65.3M$185.2M75xas long as short
MEXC AAVE_USDT+0.0048%8h143.39−0.437%$30.9M$26.4M200xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h143.41−0.424%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0055%8h143.41−0.424%$17.3M$65.8M50xas long as short
ApeX Omni AAVEUSDTlong+0.0056%1h144.02long leg$134K$229K50x
Gate AAVE_USDT+0.0063%8h143.45−0.396%$7.7M$16.0M75xas long as short
Bulk AAVE-USDshort+0.0073%1h143.97−0.031%$60K$3K10x
GRVT AAVE_USDT_Perp+0.0092%8h144.07+0.035%$450K$3.9M10xas long as short
Lighter AAVE+0.0096%1h143.60−0.290%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h143.45−0.397%$121K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h143.91−0.078%$179K$245K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.86−0.111%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.73−0.203%$797K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h143.52−0.347%$79.3M$33.3M10xas long as short
Aster AAVEUSDT+0.0100%8h143.64−0.266%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.93−0.061%$328K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.45−0.396%$61.0M$65.5M75xas long as short
Arcus AAVE-USD+0.0100%1h143.88−0.097%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.48−0.375%$10.2M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.38−0.444%$29.9M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h143.45−0.396%$43.9Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.52−0.347%$379K$709K10xas long as short
Variational Omni AAVE+0.0100%8h144.01−0.006%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.06+0.028%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.76−0.181%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h143.39−0.440%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.55−0.328%$714K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.53−0.340%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.36−0.456%$924K$1.8M50xas long as short
BloFin AAVE-USDT+0.0167%8h143.40−0.430%$3.4M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h143.91−0.076%$770K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h143.68−0.235%$124K100xas long as short