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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.063%
Price spread now: Coinbase International against Variational Omni+0.250%7-day average +0.101% · you sell dearer than you buy
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 4 days (all we have)+0.164%+$16 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.250%, 7d avg +0.101%
Together, before fees+0.055%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.150% dearer against Variational Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AAVE141.330.0032pay 0.0032% / 8h4h 09m$3.6M$737K
ShortCoinbase International AAVE-PERP-INTX141.680.0256get 0.0032% / 1h9m 38s$759K$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
$47.02
Price spread: +0.250% → +0.101%
$14.96
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$51.98
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Coinbase International: live order book, 2 min ago. 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 Variational Omni RFQ quote, 3 min ago3.08 bpdoesn't fit11.6 bp −$116doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago3.18 bp10.9 bp −$1115.2 bp −$152doesn't fitdoesn't fit

AAVE on 42 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD−0.0137%1h141.39+0.045%$7K$198K10xas long as short
01 Exchange AAVEUSD−0.0088%1h141.51+0.130%$10K$3705xas long as short
Bybit AAVEUSDT−0.0001%8h141.48+0.109%$61.8M$58.6M75xas long as short
dYdX AAVE-USD0.0000%1h141.57+0.169%$102K$6K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.41+0.059%$47K$1.3M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.41+0.059%$210K$307K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.43+0.073%$79K150xas long as short
Phemex AAVEUSDT+0.0013%8h141.41+0.059%$3.9M$3.6M50xas long as short
Variational Omni AAVElong+0.0032%8h141.33long leg$3.6M$737K
Injective AAVE/USDC PERP+0.0033%1h136.96−3.089%$422$51K12xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h141.45+0.085%20xas long as short
Orderly PERP_AAVE_USDC+0.0078%8h141.35+0.017%$17K$2K10xas long as short
OKX AAVE-USDT-SWAP+0.0089%8h141.49+0.116%$16.1M$51.8M50xas long as short
Lighter AAVE+0.0096%1h141.80+0.336%$4.6M$2.2M10xas long as short
Phoenix AAVE+0.0097%1h141.66+0.236%$4K$81K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.55+0.158%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h141.59+0.187%$823K$312K10xas long as short
Hyperliquid AAVE+0.0100%1h141.71+0.272%$77.8M$27.2M10xas long as short
Aster AAVEUSDT+0.0100%8h141.54+0.150%$1.2M$1.0M50xas long as short
Pacifica AAVE+0.0100%1h141.61+0.202%$320K$363K10xas long as short
Binance AAVEUSDT+0.0100%8h141.52+0.138%$63.9M$157.6M75xas long as short
Arcus AAVE-USD+0.0100%1h141.70+0.265%$94K$205K10xas long as short
Gate AAVE_USDT+0.0100%8h141.61+0.201%$8.2M$13.5M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.58+0.180%$22.7M$21.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.65+0.229%$10.4M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.58+0.180%$29.2M$15.8M75xas long as short
BingX AAVE-USDT+0.0100%8h141.57+0.173%$34.6Mas long as short
edgeX AAVEUSDC+0.0100%4h141.52+0.136%$109K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.38+0.041%$447K$3.0M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.42+0.066%$152K$232K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.60+0.194%$133K$370K10xas long as short
SunX AAVE-USDT+0.0100%8h141.33+0.005%$1K$1.1M20xas long as short
HTX AAVE-USDT+0.0100%8h141.48+0.107%$636K$1.4M75xas long as short
Bulk AAVE-USD+0.0100%1h141.53+0.147%$113K$69K10xas long as short
Extended AAVE-USD+0.0104%1h141.54+0.152%$911K$1.4M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.40+0.056%$119K10xas long as short
Backpack AAVE_USDC_PERP+0.0112%1h141.56+0.165%$385K$584K10xas long as short
RISEx AAVE/USDC+0.0175%1h141.58+0.182%$172K$228K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.43+0.073%$3.2M$3.2M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0255% / S −0.0365%1h141.42+0.067%$111K100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0256%1h141.68+0.250%$759K$2.1M50x
Kraken Futures PF_AAVEUSD+0.0334%1h141.51+0.132%$3.4M$1.7M50xas long as short