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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: SunX against Variational Omni+0.166%45s7-day average +0.013% · 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)+0.070%+$7 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.166%, 7d avg +0.013%
Together, before fees+0.093%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.153% 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 +0.013%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni AAVE140.610.0082pay 0.0082% / 8h5h 28m$3.6M$761K
ShortSunX AAVE-USDT140.840.0100get 0.0100% / 8h5h 28m$1K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$3.79
Price spread: +0.166% → +0.013%
$15.28
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$11.08
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SunX: live order book, 8 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, 4 min ago3.09 bpdoesn't fit10.9 bp −$109doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago44.87 bp64.8 bp −$65doesn't fitdoesn'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−0.0101%1h140.85+0.169%$7K$224K10xas long as short
01 Exchange AAVEUSD−0.0072%1h140.95+0.240%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h140.84+0.160%$101K$6K10xas long as short
Kalshi KXAAVEPERP0.0000%8h140.80+0.134%$51K$1.3M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h140.90+0.205%$207K$304K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h140.72+0.074%$78K150xas long as short
Bybit AAVEUSDT+0.0011%8h140.86+0.176%$60.7M$58.8M75xas long as short
Phoenix AAVE+0.0028%1h140.75+0.098%$4K$81K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−2.597%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h140.83+0.156%20xas long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex AAVEUSDT+0.0081%8h140.84+0.162%$3.9M$3.6M50xas long as short
Variational Omni AAVElong+0.0082%8h140.61long leg$3.6M$761K
Orderly PERP_AAVE_USDC+0.0084%8h140.83+0.155%$17K$2K10xas long as short
Lighter AAVE+0.0096%1h141.04+0.307%$4.5M$2.2M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h140.88+0.194%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h140.78+0.123%$809K$305K10xas long as short
Hyperliquid AAVE+0.0100%1h141.05+0.312%$77.6M$28.0M10xas long as short
Aster AAVEUSDT+0.0100%8h140.97+0.254%$1.2M$1.1M50xas long as short
Pacifica AAVE+0.0100%1h140.89+0.198%$343K$307K10xas long as short
Binance AAVEUSDT+0.0100%8h140.91+0.215%$63.4M$160.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.88+0.191%$16.3M$51.6M50xas long as short
Arcus AAVE-USD+0.0100%1h141.04+0.304%$94K$205K10xas long as short
Gate AAVE_USDT+0.0100%8h140.92+0.219%$8.1M$13.6M75xas long as short
MEXC AAVE_USDT+0.0100%8h140.89+0.198%$22.4M$22.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h140.86+0.176%$10.2M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.88+0.191%$29.0M$15.8M75xas long as short
BingX AAVE-USDT+0.0100%8h140.89+0.198%$43.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h140.95+0.240%$385K$595K10xas long as short
edgeX AAVEUSDC+0.0100%4h140.62+0.003%$108K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.28+0.475%$447K$3.1M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.68+0.048%$131K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h140.94+0.233%$133K$365K10xas long as short
SunX AAVE-USDTshort+0.0100%8h140.84+0.166%$1K$1.1M20x
HTX AAVE-USDT+0.0100%8h141.06+0.316%$638K$1.4M75xas long as short
Bulk AAVE-USD+0.0100%1h141.19+0.411%$163K$108K10xas long as short
Extended AAVE-USD+0.0104%1h140.82+0.145%$909K$1.4M50xas long as short
Aevo AAVE-PERP+0.0104%1h140.87+0.180%$119K$14610xas long as short
RISEx AAVE/USDC+0.0112%1h140.97+0.252%$171K$213K10xas long as short
BloFin AAVE-USDT+0.0220%8h140.80+0.134%$3.3M$3.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0240%1h140.86+0.176%$747K$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0254% / S −0.0365%1h140.90+0.206%$111K100xas long as short
Kraken Futures PF_AAVEUSD+0.0308%1h140.97+0.257%$3.4M$1.8M50xas long as short