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−0.0012%/8h= −1.3% APRpaid last 24h −0.002%
Price spread now: Aevo against edgeX+0.387%72s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1051.051% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 3 days (all we have)−0.345%−$34 · spread now +0.387%, 7d avg +0.024%
Together, before fees−0.352%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.362% dearer against edgeX than usual: you sell high and buy low (spread +0.387% now, against its 7-day average of +0.024%): +$36 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.007% in total) that is about 11 months. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX AAVEUSDC143.860.0100pay 0.0050% / 4h2h 47m$104K$317K20x
ShortAevo AAVE-PERP144.420.0088get 0.0011% / 1h47m 50s$122K$14610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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
−$2.52
Price spread: +0.387% → +0.024%
$36.24
Slippage, 4 orders
−$80.11
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$71.4
Costs to cover
1.051%
Break-even
never at this rate
Slippage from edgeX: live order book, 20 min ago; Aevo: live order book, 21 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 edgeX live order book, 20 min ago3.42 bp7.9 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Aevo live order book, 21 min ago29.39 bp45.7 bp −$46doesn't fitdoesn'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
Deribit AAVE_USDC-PERPETUAL−1.9765%1h141.50−1.642%$246K$362K50xas long as short
ApeX Omni AAVEUSDT−0.0166%1h144.26+0.276%$134K$230K50xas long as short
01 Exchange AAVEUSD−0.0048%1h144.45+0.408%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.49+0.438%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.45+0.407%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.67+0.561%$65K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.41+0.381%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.68+0.568%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.798%$422$51K12xas long as short
MEXC AAVE_USDT+0.0036%8h144.45+0.408%$27.6M$24.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0039%8h144.53+0.463%$65.2M$184.9M75xas long as short
Orderly PERP_AAVE_USDC+0.0043%8h144.36+0.346%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.29+0.299%20xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h144.49+0.436%$17.5M$66.2M50xas long as short
Aevo AAVE-PERPshort+0.0088%1h144.42+0.387%$122K$14610x
RISEx AAVE/USDC+0.0089%1h144.48+0.430%$183K$231K10xas long as short
Lighter AAVE+0.0096%1h144.59+0.502%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.53+0.464%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.47+0.422%$800K$427K10xas long as short
Hyperliquid AAVE+0.0100%1h144.64+0.540%$78.6M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.49+0.433%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.59+0.507%$330K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.58+0.499%$61.9M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.46+0.415%$45K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+0.485%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.50+0.443%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.46+0.415%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.47+0.422%$30.0M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.53+0.464%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.50+0.443%$324K$750K10xas long as short
Variational Omni AAVE+0.0100%8h144.23+0.257%$3.8M$1.3Mas long as short
edgeX AAVEUSDClong+0.0100%4h143.86long leg$104K$317K20x
GRVT AAVE_USDT_Perp+0.0100%8h143.95+0.059%$455K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.47+0.422%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h144.35+0.337%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.42+0.387%$5K$302K10xas long as short
HTX AAVE-USDT+0.0100%8h144.78+0.634%$703K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.40+0.374%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.36+0.344%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+0.464%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h144.38+0.357%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.89+0.714%$777K$2.9M50xas long as short