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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRnext payment $0.05 per $10,000 · paid last 24h +0.319%
Price spread now: 01 Exchange against Deribit+0.021%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. 01 Exchange is 0.021% dearer against Deribit than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AAVE_USDC-PERPETUAL143.630get 0.0000% / 1h41m 22s$249K$362K50x
Short01 Exchange AAVEUSD143.66−0.0040pay 0.0005% / 1h41m 22s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Deribit. 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
−$8.4
Price spread: +0.021% → 0.000%
$2.09
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$20.31
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 23 min ago; 01 Exchange: 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 Deribit live order book, 23 min ago6.54 bp10.0 bp −$1018.2 bp −$182doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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
01 Exchange AAVEUSDshort−0.0040%1h143.66+0.021%$11K$2K5x
Kraken Futures PF_AAVEUSD−0.0034%1h143.78+0.102%$3.4M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h143.77+0.096%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.94+0.216%$65K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUALlong0.0000%1h143.63long leg$249K$362K50x
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.70+0.047%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.08+0.313%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.644%$422$51K12xas long as short
MEXC AAVE_USDT+0.0044%8h143.61−0.014%$27.2M$24.7M200xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.59−0.028%$18K$10K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h143.60−0.022%20xas long as short
Binance AAVEUSDT+0.0045%8h143.630.000%$64.8M$185.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0069%8h143.64+0.007%$17.4M$65.8M50xas long as short
SoDEX AAVE-USD+0.0069%1h143.630.000%$5K$302K10xas long as short
ApeX Omni AAVEUSDT+0.0070%1h144.53+0.627%$134K$230K50xas long as short
RISEx AAVE/USDC+0.0089%1h143.71+0.058%$184K$232K10xas long as short
Lighter AAVE+0.0096%1h143.85+0.156%$4.6M$1.4M10xas long as short
Aevo AAVE-PERP+0.0096%1h143.630.000%$121K$14610xas long as short
Gate AAVE_USDT+0.0097%8h143.64+0.007%$7.7M$15.0M75xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.75+0.083%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.63+0.003%$798K$429K10xas long as short
Hyperliquid AAVE+0.0100%1h143.72+0.063%$78.1M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h143.77+0.099%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.75+0.084%$328K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.630.000%$61.5M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h143.74+0.077%$45K$188K10xas long as short
Bulk AAVE-USD+0.0100%1h144.44+0.563%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.64+0.007%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.59−0.028%$29.9M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h143.65+0.014%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.07+0.306%$324K$750K10xas long as short
Variational Omni AAVE+0.0100%8h143.60−0.019%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.45+0.574%$104K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.19+0.389%$464K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.70+0.049%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h144.02+0.269%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.91+0.196%$698K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.57−0.042%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.58−0.035%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+0.627%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h143.68+0.034%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.66+0.021%$770K$2.8M50xas long as short