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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Extended+0.055%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.789%+$79 · spread now +0.055%, 7d avg +0.108%
Together, before fees+0.793%+ Points / potential airdropExtended: Active · farm board+$79 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: Polymarket Perps is 0.053% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.108%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD144.390.0104pay 0.0013% / 1h48m 23s$922K$1.7M50x
ShortPolymarket Perps AAVE-USD144.470.0100get 0.0013% / 1h48m 23s$125K$417K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: +0.055% → +0.108%
−$5.29
Slippage, 4 orders
−$18.36
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$37.49
Costs to cover
0.314%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 19 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, 5 min ago3.82 bp7.9 bp −$820.5 bp −$205doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 19 min ago3.08 bp7.1 bp −$77.8 bp −$7829.3 bp −$2,929doesn'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%1h141.50−2.002%$246K$362K50xas long as short
ApeX Omni AAVEUSDT−0.0166%1h144.26−0.090%$134K$230K50xas long as short
01 Exchange AAVEUSD−0.0048%1h144.45+0.041%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.49+0.071%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.60+0.146%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.51+0.083%$65K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.41+0.013%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.68+0.200%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.146%$422$51K12xas long as short
MEXC AAVE_USDT+0.0036%8h144.38−0.007%$27.6M$24.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0039%8h144.36−0.021%$65.1M$184.8M75xas long as short
Orderly PERP_AAVE_USDC+0.0043%8h144.36−0.021%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.29−0.068%20xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h144.390.000%$17.5M$66.1M50xas long as short
Aevo AAVE-PERP+0.0088%1h144.42+0.020%$122K$14610xas long as short
RISEx AAVE/USDC+0.0089%1h144.48+0.063%$183K$231K10xas long as short
Lighter AAVE+0.0096%1h144.75+0.249%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.53+0.096%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.47+0.055%$800K$427K10xas long as short
Hyperliquid AAVE+0.0100%1h144.50+0.076%$78.5M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.52+0.090%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.59+0.139%$330K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.38−0.007%$61.8M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.46+0.048%$45K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+0.117%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.35−0.028%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.47+0.055%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.390.000%$30.0M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.37−0.014%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.69+0.207%$325K$750K10xas long as short
Variational Omni AAVE+0.0100%8h144.23−0.109%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.86−0.366%$104K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.95−0.307%$455K$3.7M10xas long as short
Polymarket Perps AAVE-USDshort+0.0100%1h144.47+0.055%$125K$417K10x
SunX AAVE-USDT+0.0100%8h144.35−0.030%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.42+0.020%$5K$302K10xas long as short
HTX AAVE-USDT+0.0100%8h145.07+0.471%$704K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.59+0.138%$4.1M$3.8M50xas long as short
Extended AAVE-USDlong+0.0104%1h144.39long leg$922K$1.7M50x
BloFin AAVE-USDT+0.0147%8h144.53+0.096%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h144.38−0.010%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.89+0.346%$777K$2.9M50xas long as short