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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: Polymarket Perps against ApeX Omni+0.021%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$460.457% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now +0.021%, 7d avg +0.032%
Together, before fees+0.300%+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AAVEUSDT144.47−0.0009get 0.0001% / 1h42m 43s$134K$230K50x
ShortPolymarket Perps AAVE-USD144.500.0100get 0.0013% / 1h42m 43s$125K$417K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX 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
$22.92
Price spread: +0.021% → +0.032%
−$1.1
Slippage, 4 orders
−$27.7
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$23.88
Costs to cover
0.457%
Break-even
14.3 days
Slippage from ApeX Omni: live order book, 24 min ago; Polymarket Perps: live order book, 25 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 ApeX Omni live order book, 24 min ago7.22 bp14.8 bp −$15104.7 bp −$1,047doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 25 min ago3.08 bp7.1 bp −$77.8 bp −$7829.3 bp −$2,929doesn'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
Kraken Futures PF_AAVEUSD−0.0034%1h144.41−0.042%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0032%1h144.53+0.042%$11K$2K5xas long as short
ApeX Omni AAVEUSDTlong−0.0009%1h144.47long leg$134K$230K50x
dYdX AAVE-USD0.0000%1h144.07−0.277%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.59+0.083%$65K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.30−0.118%$251K$362K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.41−0.039%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.20−0.187%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.198%$422$51K12xas long as short
MEXC AAVE_USDT+0.0044%8h144.04−0.298%$27.4M$24.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_AAVE_USDC+0.0044%8h144.28−0.132%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.40−0.050%20xas long as short
Binance AAVEUSDT+0.0044%8h143.99−0.331%$65.0M$185.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0067%8h143.97−0.346%$17.4M$65.8M50xas long as short
Aevo AAVE-PERP+0.0088%1h144.33−0.097%$122K$14610xas long as short
RISEx AAVE/USDC+0.0089%1h144.55+0.053%$185K$232K10xas long as short
Lighter AAVE+0.0096%1h144.18−0.201%$4.6M$1.4M10xas long as short
Phemex AAVEUSDT+0.0096%8h144.35−0.083%$4.1M$3.8M50xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.09−0.263%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.41−0.042%$803K$429K10xas long as short
Hyperliquid AAVE+0.0100%1h144.20−0.187%$78.3M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.06−0.284%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.05−0.291%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.05−0.291%$61.7M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.52+0.035%$45K$188K10xas long as short
Bulk AAVE-USD+0.0100%1h144.44−0.021%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.08−0.270%$7.7M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.14−0.228%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.03−0.305%$29.9M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.09−0.263%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.28−0.132%$324K$750K10xas long as short
Variational Omni AAVE+0.0100%8h144.28−0.130%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.38−0.065%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.19−0.195%$464K$3.7M10xas long as short
Polymarket Perps AAVE-USDshort+0.0100%1h144.50+0.021%$125K$417K10x
SunX AAVE-USDT+0.0100%8h144.52+0.032%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.29−0.125%$5K$302K10xas long as short
HTX AAVE-USDT+0.0100%8h144.44−0.017%$700K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h144.00−0.326%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+0.042%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h144.46−0.009%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.64+0.118%$778K$2.8M50xas long as short