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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRnext payment $0.13 per $10,000 · paid last 24h +0.042%
Price spread now: 01 Exchange against RISEx−0.022%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.022% cheaper against RISEx than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC145.780.0106pay 0.0013% / 1h38m 00s$185K$246K10x
Short01 Exchange AAVEUSD145.750get 0.0000% / 1h38m 00s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$22.25
Price spread: −0.022% → 0.000%
−$2.16
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$37.41
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 40 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 40 min ago1.31 bp4.3 bp −$47.8 bp −$78doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0093%1h145.68−0.070%$255K$401K50xas long as short
SoDEX AAVE-USD−0.0063%1h145.65−0.090%$5K$298K10xas long as short
Phoenix AAVE−0.0027%1h145.90+0.081%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h145.74−0.030%$104K$5K10xas long as short
01 Exchange AAVEUSDshort0.0000%1h145.75−0.022%$11K$2K5x
Kalshi KXAAVEPERP0.0000%8h145.70−0.056%$84K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.78−0.001%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.73−0.033%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.051%$422$51K12xas long as short
MEXC AAVE_USDT+0.0041%8h145.64−0.097%$30.6M$25.8M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0041%8h145.65−0.087%$66.3M$185.9M75xas long as short
Reya AAVERUSDPERP+0.0044%1h145.66−0.085%20xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.66−0.083%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0069%8h145.64−0.097%$17.8M$67.3M50xas long as short
Gate AAVE_USDT+0.0077%8h145.67−0.076%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.70−0.056%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.88+0.065%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.73−0.038%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.72−0.042%$802K$441K10xas long as short
Hyperliquid AAVE+0.0100%1h145.84+0.040%$80.4M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h145.74−0.028%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.77−0.008%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.67−0.076%$62.1M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.74−0.028%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.88+0.068%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.67−0.076%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.68−0.070%$30.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.65−0.090%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.79+0.006%$358K$737K10xas long as short
Variational Omni AAVE+0.0100%8h145.91+0.086%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.86+0.056%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.97+0.128%$461K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.93+0.102%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.79+0.006%$127K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h145.72−0.041%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.81+0.016%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.68−0.070%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.63−0.104%$940K$1.7M50xas long as short
RISEx AAVE/USDClong+0.0106%1h145.78long leg$185K$246K10x
BloFin AAVE-USDT+0.0161%8h145.71−0.049%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.72−0.044%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.23+0.308%$789K$3.0M50xas long as short