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−0.0056%/8h= −6.1% APRpaid last 24h
Price spread now: Reya against Aster−0.157%46s7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Reya is 0.157% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT146.160.0100pay 0.0100% / 8h7h 31m$1.4M$1.2M50x
ShortReya AAVERUSDPERP145.930.0044get 0.0006% / 1h31m 45s20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Aster. 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
−$11.73
Price spread: −0.157% → 0.000%
−$15.75
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Reya: 3 bp × 2 orders
−$6
Net
−$41.48
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Reya: 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 Aster live order book, 1 min ago4.45 bp8.5 bp −$835.6 bp −$356doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: 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
Kraken Futures PF_AAVEUSD−0.0184%1h146.20+0.023%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSD−0.0144%1h145.80−0.248%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0115%1h146.08−0.057%$5K$305K10xas long as short
dYdX AAVE-USD0.0000%1h146.23+0.043%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.98−0.125%$77K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.19+0.019%$5K$102K10xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.15−0.009%$255K$369K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.14−0.014%$71K150xas long as short
Phemex AAVEUSDT+0.0009%8h146.07−0.064%$4.2M$3.8M50xas long as short
Gate AAVE_USDT+0.0016%8h146.17+0.005%$7.9M$15.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0019%8h146.20+0.025%$66.3M$184.8M75xas long as short
MEXC AAVE_USDT+0.0020%8h146.15−0.009%$29.2M$25.8M200xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.296%$422$51K12xas long as short
Reya AAVERUSDPERPshort+0.0044%1h145.93−0.157%20x
Orderly PERP_AAVE_USDC+0.0047%8h146.09−0.050%$18K$10K10xas long as short
OKX AAVE-USDT-SWAP+0.0062%8h146.23+0.046%$18.0M$66.7M50xas long as short
ApeX Omni AAVEUSDT+0.0067%1h146.03−0.091%$136K$230K50xas long as short
GRVT AAVE_USDT_Perp+0.0071%8h145.82−0.231%$461K$3.8M10xas long as short
BloFin AAVE-USDT+0.0081%8h146.12−0.029%$3.5M$4.0M100xas long as short
Bybit AAVEUSDT+0.0085%8h146.21+0.032%$62.5M$65.3M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.10−0.040%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.40+0.159%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.93−0.163%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.82−0.236%$797K$445K10xas long as short
Hyperliquid AAVE+0.0100%1h146.28+0.080%$79.8M$35.3M10xas long as short
Aster AAVEUSDTlong+0.0100%8h146.16long leg$1.4M$1.2M50x
Pacifica AAVE+0.0100%1h145.99−0.117%$333K$503K10xas long as short
Arcus AAVE-USD+0.0100%1h145.83−0.228%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.72−0.303%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.17+0.005%$10.1M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.16−0.002%$30.4M$18.1M75xas long as short
BingX AAVE-USDT+0.0100%8h146.16−0.002%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.23+0.046%$333K$741K10xas long as short
Variational Omni AAVE+0.0100%8h145.87−0.199%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.80−0.250%$105K$318K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.96−0.139%$128K$427K10xas long as short
SunX AAVE-USDT+0.0100%8h145.84−0.224%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.29+0.084%$712K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.14−0.016%$933K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h145.86−0.205%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0233% / S −0.0363%1h146.14−0.016%$127K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.17+0.005%$786K$3.1M50xas long as short