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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0409%/8h= −44.8% APRnext payment $0.51 per $10,000 · paid last 24h −0.270%
Price spread now: Deribit against Injective+4.855%63s7-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 7 days−0.337%−$34 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Deribit is 4.855% dearer against Injective than usual: you sell high and buy low (spread +4.855% now, against zero (this spread has no 7-day history yet)): +$486 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 40 days. At the pace of the last 7 days (−0.337% in total) that is about 3 months. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h11m 34s$422$51K12x
ShortDeribit AAVE_USDC-PERPETUAL143.61−0.0376pay 0.0047% / 1h11m 34s$228K$389K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Injective. 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
−$85.96
Price spread: +4.855% → 0.000%
$485.54
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$392.56
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 47 min ago. 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 Injective no order-book sample
Sell Deribit live order book, 47 min ago6.58 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Injective: 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
Deribit AAVE_USDC-PERPETUALshort−0.0376%1h143.61+4.855%$228K$389K50x
01 Exchange AAVEUSD−0.0048%1h143.73+4.943%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.62+4.863%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.71+4.928%$59K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.73+4.945%$80K150xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h143.64+4.881%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h143.66+4.892%$18K$10K10xas long as short
Nado AAVE-PERP+0.0056%1h143.78+4.980%$830K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.07+5.191%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.82+5.006%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.58+4.834%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.74+4.950%$77.8M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h143.67+4.901%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.64+4.878%$327K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.73+4.943%$64.3M$182.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.76+4.965%$61.3M$64.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.76+4.965%$17.2M$63.3M50xas long as short
Arcus AAVE-USD+0.0100%1h143.77+4.972%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h144.07+5.195%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.65+4.885%$7.8M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.65+4.885%$26.0M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.68+4.907%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.68+4.907%$30.1M$17.4M75xas long as short
BingX AAVE-USDT+0.0100%8h143.69+4.914%$43.8Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.65+4.885%$320K$691K10xas long as short
Variational Omni AAVE+0.0100%8h144.28+5.342%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.82+5.006%$104K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.88+5.055%$451K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.90+5.067%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.74+4.950%$128K$422K10xas long as short
SunX AAVE-USDT+0.0100%8h143.74+4.951%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.63+4.870%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h143.76+4.965%$692K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.67+4.899%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.66+4.894%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.69+4.917%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.80+4.996%$185K$236K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.85+5.031%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.72+4.937%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h143.72+4.935%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.02+5.155%$783K$2.8M50xas long as short