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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0123%/8h= −13.5% APRnext payment $0.15 per $10,000 · paid last 24h −0.008%
Price spread now: Nado against RISEx+0.219%66s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now +0.219%, 7d avg −0.028%
Together, before fees+0.186%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.247% dearer against RISEx than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of −0.028%): +$25 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.7 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC142.120.0223pay 0.0028% / 1h21m 15s$172K$297K10x
ShortNado AAVE-PERP142.430.0100get 0.0012% / 1h21m 15s$838K$405K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$25.88
Price spread: +0.219% → −0.028%
$24.67
Slippage, 4 orders
−$9.18
Fee RISEx: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$23.39
Costs to cover
0.222%
Break-even
from the start
Slippage from RISEx: live order book, 12 min ago; Nado: live order book, 12 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, 12 min ago1.24 bp4.2 bp −$49.8 bp −$98doesn't fitdoesn't fit
Sell Nado live order book, 12 min ago0.71 bp6.4 bp −$612.4 bp −$124doesn'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
Phemex AAVEUSDT−0.0267%8h142.38+0.180%$3.9M$3.6M50xas long as short
dYdX AAVE-USD0.0000%1h142.41+0.201%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.52+0.278%$51K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.60+0.335%$212K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.18+0.040%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.634%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.41+0.201%20xas long as short
01 Exchange AAVEUSD+0.0072%1h142.34+0.152%$10K$2K5xas long as short
Orderly PERP_AAVE_USDC+0.0091%8h142.57+0.314%$17K$8K10xas long as short
Phoenix AAVE+0.0096%1h142.27+0.103%$4K$99K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h142.24+0.079%$13K$4K20xas long as short
Nado AAVE-PERPshort+0.0100%1h142.43+0.219%$838K$405K10x
Hyperliquid AAVE+0.0100%1h142.56+0.307%$77.9M$36.7M10xas long as short
Aster AAVEUSDT+0.0100%8h142.59+0.329%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.28+0.111%$346K$409K10xas long as short
Binance AAVEUSDT+0.0100%8h142.51+0.275%$63.7M$192.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.46+0.236%$61.3M$69.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.47+0.243%$16.5M$65.0M50xas long as short
Arcus AAVE-USD+0.0100%1h142.46+0.236%$95K$228K10xas long as short
Bulk AAVE-USD+0.0100%1h140.61−1.065%$162K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h142.55+0.300%$8.1M$16.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.46+0.236%$22.7M$24.3M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.50+0.264%$10.3M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.54+0.293%$29.0M$17.8M75xas long as short
BingX AAVE-USDC+0.0100%8h142.54+0.293%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h140.61−1.067%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.65−0.334%$109K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.74−0.273%$451K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.76−0.256%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.37+0.173%$135K$472K10xas long as short
SunX AAVE-USDT+0.0100%8h142.52+0.281%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.57+0.314%$6K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h142.82+0.489%$672K$5.3M75xas long as short
Extended AAVE-USD+0.0104%1h142.53+0.286%$918K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.60+0.338%$120K$14610xas long as short
Lighter AAVE+0.0136%1h142.68+0.392%$4.6M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0190%1h142.38+0.180%$387K$739K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h142.81+0.483%$759K$2.7M50xas long as short
BloFin AAVE-USDT+0.0220%8h142.47+0.243%$3.3M$3.6M100xas long as short
RISEx AAVE/USDClong+0.0223%1h142.12long leg$172K$297K10x
Kraken Futures PF_AAVEUSD+0.0247%1h142.64+0.365%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h142.47+0.243%$111K100xas long as short