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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.1% APRnext payment $0.06 per $10,000 · paid last 24h −0.002%
Price spread now: Nado against Aevo+0.056%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$860.858% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.056%, 7d avg −0.041%
Together, before fees−0.202%+ Points / potential airdropNado: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.097% dearer against Aevo than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.041%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days. At the pace of the last 3 days (−0.004% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AAVE-PERP143.200.0104pay 0.0013% / 1h54m 57s$121K$14610x
ShortNado AAVE-PERP143.280.0058get 0.0007% / 1h54m 57s$832K$400K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Aevo. 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
−$9.7
Price spread: +0.056% → −0.041%
$9.7
Slippage, 4 orders
−$62.78
Fee Aevo: 8 bp × 2 orders
−$16
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$85.79
Costs to cover
0.858%
Break-even
never at this rate
Slippage from Aevo: live order book, 54 min ago; Nado: live order book, 53 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 Aevo live order book, 54 min ago21.97 bp32.9 bp −$33197.3 bp −$1,973doesn't fitdoesn't fit
Sell Nado live order book, 53 min ago1.05 bp6.7 bp −$713.4 bp −$134doesn'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%1h143.38+0.126%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.27+0.049%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.18−0.014%$218K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.21+0.003%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.358%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.21+0.005%20xas long as short
Nado AAVE-PERPshort+0.0058%1h143.28+0.056%$832K$400K10x
Orderly PERP_AAVE_USDC+0.0075%8h143.19−0.007%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.27+0.048%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.21+0.006%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVE+0.0100%1h143.32+0.086%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.12−0.058%$64.4M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.12−0.056%$61.6M$68.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.10−0.070%$17.1M$65.6M50xas long as short
Arcus AAVE-USD+0.0100%1h143.33+0.091%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91+0.496%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.15−0.035%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.14−0.042%$25.3M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.22+0.014%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.200.000%$29.3M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h143.15−0.035%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.31+0.077%$339K$727K10xas long as short
Variational Omni AAVE+0.0100%8h143.26+0.042%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.52+0.225%$107K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.33+0.090%$453K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.40+0.140%$133K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.31+0.077%$142K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h143.21+0.004%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.16−0.028%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.57+0.260%$681K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.31+0.077%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.12−0.057%$911K$1.7M50xas long as short
Aevo AAVE-PERPlong+0.0104%1h143.20long leg$121K$14610x
Phoenix AAVE+0.0118%1h143.73+0.370%$4K$108K10xas long as short
01 Exchange AAVEUSD+0.0160%1h143.28+0.056%$10K$2K5xas long as short
Lighter AAVE+0.0192%1h143.37+0.122%$4.5M$2.4M10xas long as short
BloFin AAVE-USDT+0.0220%8h143.18−0.014%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.19−0.008%$112K100xas long as short
RISEx AAVE/USDC+0.0256%1h143.28+0.053%$196K$263K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.40+0.140%$765K$2.9M50xas long as short
Hyperliquid AAVE+0.0313%1h143.39+0.133%$78.4M$37.3M10xas long as short
Kraken Futures PF_AAVEUSD+0.0315%1h143.25+0.035%$3.4M$2.1M50xas long as short