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−0.0107%/8h= −11.7% APRnext payment $0.13 per $10,000 · paid last 24h +0.004%
Price spread now: Pacifica against RISEx+0.011%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.011%, 7d avg +0.014%
Together, before fees+0.112%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC142.030.0207pay 0.0026% / 1h27m 05s$190K$253K10x
ShortPacifica AAVE142.050.0100get 0.0013% / 1h27m 05s$325K$447K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$22.51
Price spread: +0.011% → +0.014%
−$0.36
Slippage, 4 orders
−$12.25
Fee RISEx: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$49.12
Costs to cover
0.263%
Break-even
never at this rate
Slippage from RISEx: live order book, 21 min ago; Pacifica: live order book, 21 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, 21 min ago1.40 bp4.4 bp −$410.3 bp −$103doesn't fitdoesn't fit
Sell Pacifica live order book, 21 min ago3.48 bp8.5 bp −$8doesn't fitdoesn'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−0.1371%1h141.63−0.283%$215K$394K50xas long as short
dYdX AAVE-USD0.0000%1h142.03−0.002%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.88−0.107%$50K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.90−0.092%$79K150xas long as short
Nado AAVE-PERP+0.0031%1h141.93−0.068%$828K$401K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.571%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.86−0.119%20xas long as short
Orderly PERP_AAVE_USDC+0.0068%8h141.82−0.149%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.99−0.028%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h141.91−0.083%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVEshort+0.0100%1h142.05+0.011%$325K$447K10x
Binance AAVEUSDT+0.0100%8h141.88−0.106%$63.4M$190.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.87−0.114%$60.8M$68.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.83−0.142%$17.0M$64.3M50xas long as short
Arcus AAVE-USD+0.0100%1h142.07+0.027%$63K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.34+0.215%$57K−$010xas long as short
Gate AAVE_USDT+0.0100%8h141.88−0.107%$8.0M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.88−0.107%$25.0M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.88−0.107%$10.2M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.86−0.121%$29.0M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h141.88−0.107%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h141.93−0.070%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.41+0.266%$105K$280K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.57+0.377%$446K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.52+0.344%$132K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.02−0.008%$140K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h141.81−0.156%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.88−0.107%$5K$313K10xas long as short
HTX AAVE-USDT+0.0100%8h142.20+0.117%$679K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.87−0.114%$4.0M$3.6M50xas long as short
Hyperliquid AAVE+0.0102%1h141.99−0.030%$77.6M$37.1M10xas long as short
Extended AAVE-USD+0.0104%1h141.80−0.167%$901K$1.7M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.03−0.001%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.89−0.100%$120K$14610xas long as short
Phoenix AAVE+0.0118%1h142.14+0.076%$4K$106K10xas long as short
Backpack AAVE_USDC_PERP+0.0148%1h141.96−0.051%$337K$730K10xas long as short
RISEx AAVE/USDClong+0.0207%1h142.03long leg$190K$253K10x
BloFin AAVE-USDT+0.0220%8h141.92−0.079%$3.3M$3.5M100xas long as short
Kraken Futures PF_AAVEUSD+0.0239%1h141.95−0.056%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.87−0.113%$111K100xas long as short
Lighter AAVE+0.0280%1h142.10+0.046%$4.5M$2.4M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0376%1h141.96−0.051%$760K$2.8M50xas long as short