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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.007%
Price spread now: ApeX Omni against Extended−0.045%92s7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 3 days (all we have)+0.232%+$23 · spread now −0.045%, 7d avg +0.079%
Together, before fees+0.242%+ Points / potential airdropExtended: Active · farm board+$24 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 0.124% cheaper against Extended than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.079%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD145.170.0104pay 0.0013% / 1h7m 47s$931K$1.7M50x
ShortApeX Omni AAVEUSDT145.100.0100get 0.0013% / 1h7m 47s$135K$228K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: −0.045% → +0.079%
−$12.4
Slippage, 4 orders
−$27.39
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$55.63
Costs to cover
0.424%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; ApeX Omni: live order book, 8 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 Extended live order book, 1 min ago2.41 bp6.4 bp −$617.9 bp −$179doesn't fitdoesn't fit
Sell ApeX Omni live order book, 8 min ago6.90 bp15.4 bp −$15107.2 bp −$1,072doesn'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−0.0128%1h145.25+0.058%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.16−0.004%$255K$443K50xas long as short
Phoenix AAVE−0.0045%1h145.09−0.052%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0025%1h145.16−0.004%$5K$298K10xas long as short
dYdX AAVE-USD0.0000%1h145.18+0.013%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.17+0.003%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.24+0.052%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.652%$422$51K12xas long as short
MEXC AAVE_USDT+0.0038%8h145.21+0.031%$30.7M$26.0M200xas long as short
Binance AAVEUSDT+0.0038%8h145.20+0.024%$66.2M$185.2M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.15−0.014%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.30+0.094%$181K$245K10xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.14−0.017%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.27+0.075%$3.5M$2.1M50xas long as short
OKX AAVE-USDT-SWAP+0.0057%8h145.18+0.010%$17.6M$67.0M50xas long as short
Gate AAVE_USDT+0.0066%8h145.20+0.024%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.19+0.017%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.36+0.133%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0099%8h145.02−0.098%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.31+0.101%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.24+0.055%$804K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h145.31+0.100%$79.9M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h145.23+0.044%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.35+0.127%$332K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.20+0.024%$62.0M$65.9M75xas long as short
Arcus AAVE-USD+0.0100%1h145.28+0.079%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.13−0.027%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.18+0.010%$9.9M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.21+0.031%$30.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.20+0.024%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.27+0.072%$347K$723K10xas long as short
Variational Omni AAVE+0.0100%8h145.04−0.089%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.06−0.074%$104K$315K20xas long as short
ApeX Omni AAVEUSDTshort+0.0100%1h145.10−0.045%$135K$228K50x
Polymarket Perps AAVE-USD+0.0100%1h145.29+0.086%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h145.16−0.002%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.35+0.126%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.19+0.017%$4.1M$3.8M50xas long as short
Extended AAVE-USDlong+0.0104%1h145.17long leg$931K$1.7M50x
BloFin AAVE-USDT+0.0154%8h145.38+0.148%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.22+0.035%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06−0.072%$787K$3.0M50xas long as short