Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: ApeX Omni against edgeX+0.126%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.126%, 7d avg +0.026%

Together, before fees−0.133%+ Points / potential airdropedgeX: Active · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.099% dearer against edgeX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAVEUSDC	145.60	0.0100	pay 0.0050% / 4h	18m 36s	$105K	$317K	20x
Short	ApeX Omni AAVEUSDT	145.78	0.0100	get 0.0013% / 1h	18m 36s	$136K	$229K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Position, each leg$Hold fordaysFee edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.126%Rate

Funding earned: $0
Price spread: +0.126% → +0.026%: $9.95
Slippage, 4 orders: −$27.33
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$36.39
Costs to cover: 0.463%
Break-even: never at this rate

Slippage from edgeX: live order book, 59 min ago; ApeX Omni: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 59 min ago	3.79 bp	8.3 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 58 min ago	6.90 bp	15.4 bp −$15	107.2 bp −$1,072	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AAVE-USD	−0.0081%	1h	146.35	+0.517%	$5K	$305K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	146.39	+0.545%	$5K	$99K	10x	as long as short
01 Exchange AAVEUSD	−0.0024%	1h	146.34	+0.511%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.33	+0.502%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.24	+0.442%	$85K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.40	+0.552%	$256K	$389K	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.46	+0.591%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.40	+0.552%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.932%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0038%	8h	146.28	+0.469%	$29.8M	$26.0M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0039%	8h	146.30	+0.483%	$66.7M	$186.4M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.28	+0.472%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.31	+0.490%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0073%	8h	146.30	+0.483%	$7.9M	$15.9M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0074%	8h	146.27	+0.462%	$17.9M	$67.7M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.36	+0.521%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.49	+0.612%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.29	+0.476%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.29	+0.476%	$806K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.41	+0.559%	$80.7M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.38	+0.536%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.30	+0.483%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.30	+0.483%	$62.4M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.33	+0.504%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	+0.437%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.29	+0.476%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.28	+0.469%	$30.4M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.29	+0.476%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.44	+0.579%	$348K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.06	+0.315%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDClong	+0.0100%	4h	145.60	long leg	$105K	$317K	20x
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.68	+0.057%	$468K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDTshort	+0.0100%	1h	145.78	+0.126%	$136K	$229K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	146.37	+0.531%	$128K	$457K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.28	+0.471%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.42	+0.566%	$692K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.34	+0.511%	$4.2M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.25	+0.450%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.36	+0.525%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0155%	8h	146.35	+0.517%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.40	+0.551%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.10	+0.346%	$788K	$3.0M	50x	as long as short