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−0.0019%/8h= −2.1% APRnext payment $0.02 per $10,000 · paid last 24h +0.002%
Price spread now: ApeX Omni against RISEx+0.901%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$48as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.444%−$44 · spread now +0.901%, 7d avg +0.016%
Together, before fees−0.414%−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.885% dearer against RISEx than usual: you sell high and buy low (spread +0.901% now, against its 7-day average of +0.016%): +$88 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC143.240.0089pay 0.0011% / 1h38m 48s$183K$229K10x
ShortApeX Omni AAVEUSDT144.530.0070get 0.0009% / 1h38m 48s$134K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against RISEx. 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
−$3.99
Price spread: +0.901% → +0.016%
$88.46
Slippage, 4 orders
−$24.81
Fee RISEx: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$43.65
Costs to cover
0.408%
Break-even
from the start
Slippage from RISEx: live order book, 29 min ago; ApeX Omni: live order book, 27 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 RISEx live order book, 29 min ago2.63 bp5.6 bp −$611.0 bp −$110doesn't fitdoesn't fit
Sell ApeX Omni live order book, 27 min ago7.22 bp14.7 bp −$15107.7 bp −$1,077doesn'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
Deribit AAVE_USDC-PERPETUAL−0.0726%1h143.32+0.056%$249K$362K50xas long as short
01 Exchange AAVEUSD−0.0048%1h143.20−0.028%$10K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h143.51+0.192%$3.4M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h143.34+0.073%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.30+0.042%$64K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.45+0.147%$69K150xas long as short
Phoenix AAVE+0.0006%1h144.08+0.586%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.384%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.42+0.126%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.39+0.107%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0045%8h143.50+0.182%$27.0M$24.8M200xas long as short
Binance AAVEUSDT+0.0046%8h143.48+0.168%$64.7M$186.2M75xas long as short
SoDEX AAVE-USD+0.0049%1h143.44+0.140%$5K$302K10xas long as short
OKX AAVE-USDT-SWAP+0.0070%8h143.43+0.133%$17.3M$66.0M50xas long as short
ApeX Omni AAVEUSDTshort+0.0070%1h144.53+0.901%$134K$230K50x
Gate AAVE_USDT+0.0081%8h143.47+0.161%$7.7M$15.1M75xas long as short
RISEx AAVE/USDClong+0.0089%1h143.24long leg$183K$229K10x
Lighter AAVE+0.0096%1h143.63+0.273%$4.6M$1.5M10xas long as short
Aevo AAVE-PERP+0.0096%1h143.46+0.153%$121K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.30+0.041%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.42+0.126%$798K$431K10xas long as short
Hyperliquid AAVE+0.0100%1h143.58+0.237%$77.8M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h143.43+0.133%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.30+0.044%$327K$436K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.44+0.140%$61.5M$65.5M75xas long as short
Arcus AAVE-USD+0.0100%1h143.20−0.028%$44K$192K10xas long as short
Bulk AAVE-USD+0.0100%1h144.44+0.837%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.55+0.216%$10.7M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.49+0.175%$29.8M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h143.44+0.140%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.55+0.216%$322K$750K10xas long as short
Variational Omni AAVE+0.0100%8h143.60+0.253%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.45+0.848%$104K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.64+0.280%$453K$3.8M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.41+0.119%$124K$418K10xas long as short
SunX AAVE-USDT+0.0100%8h143.46+0.151%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.63+0.272%$697K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.36+0.084%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.44+0.140%$913K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+0.901%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0231% / S −0.0348%1h143.46+0.153%$124K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.50+0.182%$769K$2.8M50xas long as short