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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.002%
Price spread now: ApeX Omni against Nado+0.146%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.005%−$1 on $10k
Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.146%, 7d avg +0.034%
Together, before fees−0.211%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.112% dearer against Nado than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado AAVE-PERP143.860.0030pay 0.0004% / 1h1m 31s$835K$400K10x
ShortApeX Omni AAVEUSDT144.070.0100get 0.0013% / 1h1m 31s$134K$221K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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
$14.72
Price spread: +0.146% → +0.034%
$11.22
Slippage, 4 orders
−$23.61
Fee Nado: 3.5 bp × 2 orders
−$7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$14.67
Costs to cover
0.406%
Break-even
14.0 days
Slippage from Nado: live order book, 47 min ago; ApeX Omni: live order book, 45 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 Nado live order book, 47 min ago1.05 bp7.6 bp −$817.8 bp −$178doesn't fitdoesn't fit
Sell ApeX Omni live order book, 45 min ago4.90 bp12.7 bp −$13102.1 bp −$1,021doesn'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
dYdX AAVE-USD0.0000%1h143.93+0.046%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.90+0.028%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.88+0.014%$219K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.88+0.010%$80K150xas long as short
Nado AAVE-PERPlong+0.0030%1h143.86long leg$835K$400K10x
Injective AAVE/USDC PERP+0.0033%1h136.96−4.796%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.76−0.073%20xas long as short
Orderly PERP_AAVE_USDC+0.0074%8h143.85−0.007%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.79−0.050%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.91+0.033%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVE+0.0100%1h143.89+0.022%$328K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.84−0.015%$64.7M$192.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.79−0.049%$61.9M$68.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.77−0.063%$17.3M$65.6M50xas long as short
Arcus AAVE-USD+0.0100%1h143.94+0.056%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91+0.035%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.83−0.021%$8.0M$16.3M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.87+0.007%$25.0M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.94+0.056%$10.4M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.78−0.056%$29.4M$18.4M75xas long as short
BingX AAVE-USDC+0.0100%8h143.81−0.035%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h144.00+0.097%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.85−0.007%$107K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.91+0.035%$455K$3.9M10xas long as short
ApeX Omni AAVEUSDTshort+0.0100%1h144.07+0.146%$134K$221K50x
Polymarket Perps AAVE-USD+0.0100%1h143.860.000%$143K$469K10xas long as short
SunX AAVE-USDT+0.0100%8h143.90+0.024%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.88+0.014%$5K$314K10xas long as short
HTX AAVE-USDT+0.0100%8h143.99+0.087%$683K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.90+0.028%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.76−0.072%$915K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.91+0.035%$122K$14610xas long as short
Phoenix AAVE+0.0118%1h144.05+0.132%$4K$106K10xas long as short
01 Exchange AAVEUSD+0.0128%1h143.89+0.021%$11K$2K5xas long as short
Hyperliquid AAVE+0.0165%1h144.08+0.153%$78.8M$37.2M10xas long as short
Backpack AAVE_USDC_PERP+0.0167%1h144.02+0.111%$341K$727K10xas long as short
RISEx AAVE/USDC+0.0207%1h143.91+0.034%$199K$262K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.87+0.007%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0235%1h144.01+0.102%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.88+0.013%$112K100xas long as short
Lighter AAVE+0.0256%1h144.09+0.158%$4.6M$2.5M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0376%1h143.94+0.056%$768K$2.9M50xas long as short