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 +0.005%
Price spread now: Polymarket Perps against RISEx+0.011%7-day average +0.043% · 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−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.011%, 7d avg +0.043%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.032% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC144.060.0207pay 0.0026% / 1h7m 07s$200K$260K10x
ShortPolymarket Perps AAVE-USD144.080.0100get 0.0013% / 1h7m 07s$143K$469K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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% → +0.043%
−$3.15
Slippage, 4 orders
−$9.4
Fee RISEx: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$49.06
Costs to cover
0.234%
Break-even
never at this rate
Slippage from RISEx: live order book, 41 min ago; Polymarket Perps: live order book, 40 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, 41 min ago1.40 bp4.4 bp −$410.3 bp −$103doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 40 min ago2.45 bp8.2 bp −$89.3 bp −$93doesn'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
dYdX AAVE-USD0.0000%1h143.95−0.081%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.94−0.086%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.04−0.017%$219K$395K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.03−0.024%$81K150xas long as short
Nado AAVE-PERP+0.0028%1h143.91−0.110%$836K$400K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.931%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.98−0.057%20xas long as short
Orderly PERP_AAVE_USDC+0.0072%8h144.06−0.003%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.92−0.100%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h144.01−0.040%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVE+0.0100%1h143.93−0.092%$328K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.98−0.059%$64.7M$191.7M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.92−0.100%$62.0M$68.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.85−0.149%$17.3M$65.6M50xas long as short
Arcus AAVE-USD+0.0100%1h144.10+0.025%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h143.85−0.150%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h144.00−0.044%$8.1M$16.3M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.02−0.031%$25.1M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.05−0.010%$10.4M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.01−0.037%$29.4M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h144.00−0.044%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h143.81−0.176%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.85−0.150%$107K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.92−0.100%$455K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.89−0.121%$134K$221K50xas long as short
Polymarket Perps AAVE-USDshort+0.0100%1h144.08+0.011%$143K$469K10x
SunX AAVE-USDT+0.0100%8h144.03−0.027%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.03−0.024%$5K$314K10xas long as short
HTX AAVE-USDT+0.0100%8h144.10+0.022%$684K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.99−0.051%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.99−0.052%$915K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.06−0.003%$122K$14610xas long as short
Phoenix AAVE+0.0118%1h144.18+0.081%$4K$106K10xas long as short
01 Exchange AAVEUSD+0.0120%1h144.07+0.004%$11K$2K5xas long as short
Hyperliquid AAVE+0.0149%1h144.18+0.081%$78.8M$37.2M10xas long as short
Backpack AAVE_USDC_PERP+0.0173%1h144.10+0.025%$342K$727K10xas long as short
RISEx AAVE/USDClong+0.0207%1h144.06long leg$200K$260K10x
BloFin AAVE-USDT+0.0220%8h144.05−0.010%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0235%1h144.10+0.025%$3.4M$2.1M50xas long as short
Lighter AAVE+0.0240%1h144.22+0.111%$4.6M$2.5M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h144.03−0.024%$113K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0376%1h144.12+0.039%$771K$2.9M50xas long as short