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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Polymarket Perps−0.303%64s7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.324% 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)+0.213%+$21 · spread now −0.303%, 7d avg −0.059%
Together, before fees+0.223%+ Points / potential airdropedgeX: Active · farm board+$22 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: edgeX is 0.244% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.059%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AAVE-USD146.240.0100pay 0.0013% / 1h30m 25s$128K$427K10x
ShortedgeX AAVEUSDC145.800.0100get 0.0050% / 4h3h 30m$105K$318K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket Perps. 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
Price spread: −0.303% → −0.059%
−$24.42
Slippage, 4 orders
−$15.39
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$56.81
Costs to cover
0.324%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 42 min ago; edgeX: live order book, 43 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 Polymarket Perps live order book, 42 min ago1.37 bp6.7 bp −$77.5 bp −$75doesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago3.76 bp8.4 bp −$811.7 bp −$117doesn'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
Kraken Futures PF_AAVEUSD−0.0184%1h146.30+0.043%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSD−0.0144%1h146.19−0.034%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0110%1h146.20−0.027%$5K$305K10xas long as short
Phemex AAVEUSDT−0.0106%8h146.16−0.055%$4.2M$3.8M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0092%1h146.21−0.021%$255K$369K50xas long as short
dYdX AAVE-USD0.0000%1h146.23−0.010%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.28+0.027%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.19−0.034%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.28+0.027%$71K150xas long as short
MEXC AAVE_USDT+0.0019%8h146.18−0.041%$29.1M$25.8M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0019%8h146.18−0.041%$66.2M$184.1M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.346%$422$51K12xas long as short
Gate AAVE_USDT+0.0044%8h146.22−0.014%$7.9M$15.2M75xas long as short
Reya AAVERUSDPERP+0.0044%1h146.14−0.067%20xas long as short
Orderly PERP_AAVE_USDC+0.0047%8h146.18−0.041%$18K$10K10xas long as short
OKX AAVE-USDT-SWAP+0.0062%8h146.20−0.027%$17.9M$66.6M50xas long as short
GRVT AAVE_USDT_Perp+0.0071%8h145.82−0.284%$461K$3.8M10xas long as short
BloFin AAVE-USDT+0.0076%8h146.19−0.034%$3.5M$3.5M100xas long as short
Bybit AAVEUSDT+0.0085%8h146.19−0.034%$62.5M$65.0M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.21−0.024%$123K$14610xas long as short
ApeX Omni AAVEUSDT+0.0092%1h146.26+0.014%$136K$231K50xas long as short
Lighter AAVE+0.0096%1h146.37+0.088%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.17−0.048%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.14−0.068%$799K$424K10xas long as short
Hyperliquid AAVE+0.0100%1h146.28+0.027%$79.8M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h146.21−0.021%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.19−0.032%$334K$503K10xas long as short
Arcus AAVE-USD+0.0100%1h146.19−0.034%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.72−0.356%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.17−0.048%$10.1M$8.8M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.18−0.041%$30.4M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h146.16−0.055%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.29+0.034%$333K$738K10xas long as short
Variational Omni AAVE+0.0100%8h146.16−0.053%$3.8M$1.3Mas long as short
edgeX AAVEUSDCshort+0.0100%4h145.80−0.303%$105K$318K20x
Polymarket Perps AAVE-USDlong+0.0100%1h146.24long leg$128K$427K10x
SunX AAVE-USDT+0.0100%8h146.17−0.045%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.34+0.070%$711K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.16−0.052%$933K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.22−0.017%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0233% / S −0.0363%1h146.25+0.004%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.17−0.048%$786K$2.9M50xas long as short