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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Arcus+0.143%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.100%−$10 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.143%, 7d avg +0.004%
Together, before fees−0.210%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.139% dearer against Arcus than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.004%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus AAVE-USD145.430.0100pay 0.0013% / 1h55m 33s$46K$278K10x
ShortdYdX AAVE-USD145.640get 0.0000% / 1h55m 33s$104K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Arcus. 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
−$21
Price spread: +0.143% → +0.004%
$13.95
Slippage, 4 orders
−$152.9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$174.45
Costs to cover
1.674%
Break-even
never at this rate
Slippage from Arcus: live order book, 18 min ago; dYdX: live order book, 18 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 Arcus live order book, 18 min ago2.05 bp8.3 bp −$823.8 bp −$238doesn't fitdoesn't fit
Sell dYdX live order book, 18 min ago67.60 bp78.8 bp −$79198.6 bp −$1,986210.6 bp −$21.1K221.1 bp −$110.5K

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
ApeX Omni AAVEUSDT−0.0529%1h145.50+0.048%$135K$229K50xas long as short
Phemex AAVEUSDT−0.0215%8h145.84+0.282%$4.1M$3.8M50xas long as short
Kraken Futures PF_AAVEUSD−0.0185%1h145.99+0.384%$3.5M$2.1M50xas long as short
Gate AAVE_USDT−0.0109%8h145.52+0.062%$7.8M$15.2M75xas long as short
01 Exchange AAVEUSD−0.0104%1h145.32−0.076%$11K$2K5xas long as short
Bybit AAVEUSDT−0.0046%8h145.430.000%$62.0M$66.0M75xas long as short
Phoenix AAVE−0.0027%1h145.79+0.248%$5K$102K10xas long as short
GRVT AAVE_USDT_Perp−0.0027%8h145.42−0.006%$456K$3.9M10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h145.84+0.282%$255K$391K50xas long as short
dYdX AAVE-USDshort0.0000%1h145.64+0.143%$104K$5K10x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXAAVEPERP0.0000%8h145.79+0.248%$77K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.84+0.282%$71K150xas long as short
MEXC AAVE_USDT+0.0025%8h145.54+0.076%$29.3M$25.6M200xas long as short
Binance AAVEUSDT+0.0026%8h145.42−0.010%$66.0M$187.6M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.824%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.37−0.038%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.80+0.254%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0065%8h145.38−0.034%$17.8M$67.1M50xas long as short
Aevo AAVE-PERP+0.0088%1h145.86+0.296%$123K$14610xas long as short
SoDEX AAVE-USD+0.0096%1h145.82+0.268%$5K$305K10xas long as short
Lighter AAVE+0.0096%1h145.75+0.221%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.46+0.022%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.38−0.034%$795K$449K10xas long as short
Hyperliquid AAVE+0.0100%1h145.78+0.241%$79.6M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h145.58+0.100%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.62+0.129%$332K$504K10xas long as short
Arcus AAVE-USDlong+0.0100%1h145.43long leg$46K$278K10x
Bulk AAVE-USD+0.0100%1h145.52+0.065%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.72+0.199%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.38−0.034%$30.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.50+0.048%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.96+0.364%$348K$744K10xas long as short
Variational Omni AAVE+0.0100%8h145.84+0.279%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.42−0.006%$105K$316K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.47+0.028%$127K$454K10xas long as short
SunX AAVE-USDT+0.0100%8h145.68+0.169%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.86+0.294%$690K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h145.42−0.008%$934K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h145.45+0.015%$184K$246K10xas long as short
BloFin AAVE-USDT+0.0108%8h145.45+0.014%$3.4M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.82+0.269%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h145.64+0.144%$780K$3.1M50xas long as short