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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.020%
Price spread now: Injective against Pacifica−2.668%7-day average · you buy dearer than you sell
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−0.129%−$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.668% cheaper against Pacifica than usual: you would sell low and buy high (−$267 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica AAVE140.710.0100pay 0.0013% / 1h30m 01s$343K$307K10x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h30m 01s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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
Price spread: −2.668% → 0.000%
−$266.81
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$288.83
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 16 min ago; Injective: no order-book sample. 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 Pacifica live order book, 16 min ago4.95 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD−0.0105%1h140.67−0.032%$7K$224K10xas long as short
01 Exchange AAVEUSD−0.0072%1h140.68−0.024%$10K$1K5xas long as short
dYdX AAVE-USD0.0000%1h140.70−0.011%$101K$6K10xas long as short
Kalshi KXAAVEPERP0.0000%8h140.71−0.003%$51K$1.3M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h140.73+0.011%$207K$304K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h140.72+0.001%$78K150xas long as short
Bybit AAVEUSDT+0.0012%8h140.68−0.024%$60.6M$58.9M75xas long as short
Phoenix AAVE+0.0028%1h140.81+0.068%$4K$81K10xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−2.668%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h140.61−0.077%20xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex AAVEUSDT+0.0081%8h140.67−0.032%$3.9M$3.6M50xas long as short
Variational Omni AAVE+0.0082%8h140.61−0.073%$3.6M$761Kas long as short
Orderly PERP_AAVE_USDC+0.0085%8h140.69−0.017%$17K$2K10xas long as short
Lighter AAVE+0.0096%1h140.81+0.065%$4.5M$2.2M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h140.62−0.065%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h140.62−0.067%$808K$305K10xas long as short
Hyperliquid AAVE+0.0100%1h140.87+0.111%$77.5M$28.0M10xas long as short
Aster AAVEUSDT+0.0100%8h140.77+0.043%$1.2M$1.1M50xas long as short
Pacifica AAVElong+0.0100%1h140.71long leg$343K$307K10x
Binance AAVEUSDT+0.0100%8h140.72+0.004%$63.4M$160.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.71−0.003%$16.2M$51.5M50xas long as short
Arcus AAVE-USD+0.0100%1h140.79+0.054%$94K$205K10xas long as short
Gate AAVE_USDT+0.0100%8h140.70−0.010%$8.1M$13.6M75xas long as short
MEXC AAVE_USDT+0.0100%8h140.70−0.010%$22.3M$22.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h140.72+0.004%$10.2M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.73+0.011%$29.0M$15.8M75xas long as short
BingX AAVE-USDT+0.0100%8h140.66−0.039%$43.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h140.84+0.089%$385K$596K10xas long as short
edgeX AAVEUSDC+0.0100%4h140.67−0.029%$108K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.28+0.402%$447K$3.1M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.94+0.160%$131K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h140.77+0.040%$133K$365K10xas long as short
SunX AAVE-USDT+0.0100%8h140.65−0.049%$1K$1.1M20xas long as short
HTX AAVE-USDT+0.0100%8h141.00+0.206%$638K$1.4M75xas long as short
Bulk AAVE-USD+0.0100%1h141.19+0.338%$163K$108K10xas long as short
Extended AAVE-USD+0.0104%1h140.63−0.063%$909K$1.4M50xas long as short
Aevo AAVE-PERP+0.0104%1h140.70−0.007%$119K$14610xas long as short
RISEx AAVE/USDC+0.0112%1h140.77+0.037%$171K$212K10xas long as short
BloFin AAVE-USDT+0.0220%8h140.71−0.003%$3.2M$3.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0240%1h140.87+0.111%$747K$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0254% / S −0.0365%1h140.76+0.033%$111K100xas long as short
Kraken Futures PF_AAVEUSD+0.0308%1h140.77+0.039%$3.4M$1.8M50xas long as short