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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.004%
Price spread now: RISEx against ApeX Omni+0.082%114s7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.082%, 7d avg −0.019%
Together, before fees−0.215%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. RISEx is 0.101% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.019%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT144.770.0100pay 0.0013% / 1h23m 39s$135K$229K50x
ShortRISEx AAVE/USDC144.890.0046get 0.0006% / 1h23m 39s$180K$244K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$11.32
Price spread: +0.082% → −0.019%
$10.13
Slippage, 4 orders
−$23.93
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$41.12
Costs to cover
0.399%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 58 min ago; RISEx: live order book, 60 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 ApeX Omni live order book, 58 min ago6.59 bp14.6 bp −$15100.9 bp −$1,009doesn't fitdoesn't fit
Sell RISEx live order book, 60 min ago2.28 bp5.3 bp −$58.9 bp −$89doesn'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
01 Exchange AAVEUSD−0.0144%1h144.86+0.062%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h144.37−0.276%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0043%1h144.86+0.062%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0026%1h144.89+0.083%$254K$480K50xas long as short
dYdX AAVE-USD0.0000%1h144.87+0.066%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.68−0.062%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.91+0.098%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.395%$422$51K12xas long as short
MEXC AAVE_USDT+0.0034%8h144.75−0.014%$30.8M$25.8M200xas long as short
Binance AAVEUSDT+0.0035%8h144.74−0.021%$65.9M$185.6M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.80+0.022%20xas long as short
RISEx AAVE/USDCshort+0.0046%1h144.89+0.082%$180K$244K10x
Orderly PERP_AAVE_USDC+0.0049%8h144.84+0.048%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0052%8h144.79+0.014%$17.5M$66.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.95+0.124%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0059%8h144.78+0.007%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h144.87+0.066%$122K$14610xas long as short
GRVT AAVE_USDT_Perp+0.0091%8h144.70−0.045%$455K$3.8M10xas long as short
Lighter AAVE+0.0096%1h144.95+0.126%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.69−0.057%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.81+0.031%$801K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.87+0.069%$79.6M$33.7M10xas long as short
Aster AAVEUSDT+0.0100%8h144.83+0.044%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.770.000%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.79+0.014%$61.5M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h144.84+0.048%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h144.27−0.347%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.75−0.014%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.78+0.007%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.81+0.028%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.98+0.145%$381K$710K10xas long as short
Variational Omni AAVE+0.0100%8h144.67−0.071%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.59−0.124%$103K$314K20xas long as short
ApeX Omni AAVEUSDTlong+0.0100%1h144.77long leg$135K$229K50x
Polymarket Perps AAVE-USD+0.0100%1h144.90+0.090%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.81+0.030%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.01+0.166%$695K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.82+0.035%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.77−0.002%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0134%8h144.88+0.076%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.92+0.106%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h144.97+0.138%$787K$3.0M50xas long as short