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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h +0.015%
Price spread now: Injective against SoDEX−3.133%62s7-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 −$2 a day on $10k at the current rate, and Injective is 3.133% cheaper against SoDEX than usual: you would sell low and buy high (−$313 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AAVE-USD141.390.0100pay 0.0013% / 1h37m 44s$5K$286K10x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h37m 44s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against SoDEX. 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
−$14
Price spread: −3.133% → 0.000%
−$313.32
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$335.34
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 1 min ago; Injective: 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 SoDEX live order book, 1 min ago0.35 bp5.0 bp −$59.4 bp −$9493.9 bp −$9,395doesn't fit
Sell Injective no order-book sample
Injective: 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
dYdX AAVE-USD0.0000%1h141.30−0.061%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.55+0.113%$48K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.43+0.028%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.46+0.050%$79K150xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−3.133%$422$51K12x
Reya AAVERUSDPERP+0.0044%1h141.44+0.038%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h141.390.000%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.52+0.091%$4.5M$2.5M10xas long as short
01 Exchange AAVEUSD+0.0096%1h141.28−0.078%$10K$2K5xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.35−0.025%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.45+0.041%$825K$394K10xas long as short
Hyperliquid AAVE+0.0100%1h141.37−0.014%$77.4M$36.9M10xas long as short
Aster AAVEUSDT+0.0100%8h141.34−0.037%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.35−0.028%$323K$384K10xas long as short
Binance AAVEUSDT+0.0100%8h141.33−0.042%$63.3M$189.6M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.36−0.021%$61.0M$68.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.37−0.014%$16.9M$63.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.40+0.007%$63K$193K10xas long as short
Bulk AAVE-USD+0.0100%1h141.52+0.092%$160K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h141.38−0.007%$8.0M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.40+0.007%$23.4M$24.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.390.000%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.37−0.014%$28.9M$17.8M75xas long as short
BingX AAVE-USDT+0.0100%8h141.40+0.007%$43.4Mas long as short
Variational Omni AAVE+0.0100%8h141.88+0.345%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.94+0.387%$108K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.99+0.424%$445K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.93+0.382%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.56+0.120%$140K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h141.42+0.021%$2K$1.3M20xas long as short
SoDEX AAVE-USDlong+0.0100%1h141.39long leg$5K$286K10x
HTX AAVE-USDT+0.0100%8h141.73+0.242%$670K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.42+0.021%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h141.33−0.042%$915K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.40+0.009%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h142.06+0.474%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.55+0.113%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0245%1h141.34−0.032%$185K$280K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.43+0.027%$111K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h141.75+0.255%$752K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0271%1h141.45+0.045%$3.4M$2.1M50xas long as short
Backpack AAVE_USDC_PERP+0.0310%1h141.47+0.057%$386K$728K10xas long as short