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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h −0.048%
Price spread now: Kraken Futures against Aster+0.006%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now +0.006%, 7d avg +0.020%
Together, before fees+0.059%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.151%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AAVEUSDT142.960.0100pay 0.0100% / 8h4h 22m$1.2M$1.3M50x
ShortKraken Futures PF_AAVEUSD142.960.0324get 0.0040% / 1h22m 14s$3.4M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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
$46.97
Price spread: +0.006% → +0.020%
−$1.43
Slippage, 4 orders
−$38.41
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$10.86
Costs to cover
0.564%
Break-even
8.6 days
Slippage from Aster: live order book, 1 min ago; Kraken Futures: live order book, 2 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 Aster live order book, 1 min ago4.20 bp11.8 bp −$1232.4 bp −$324doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago4.90 bp15.3 bp −$1522.3 bp −$223124.0 bp −$12.4Kdoesn'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
01 Exchange AAVEUSD−0.0144%1h142.92−0.025%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h142.88−0.056%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.88−0.053%$46K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.92−0.025%$219K$401K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.93−0.018%$80K150xas long as short
Nado AAVE-PERP+0.0009%1h142.86−0.067%$842K$448K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.194%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.86−0.070%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h142.90−0.039%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.92−0.025%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.94−0.012%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.92−0.026%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.01+0.038%$77.0M$35.5M10xas long as short
Aster AAVEUSDTlong+0.0100%8h142.96long leg$1.2M$1.3M50x
Pacifica AAVE+0.0100%1h142.87−0.061%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h142.84−0.079%$63.9M$186.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.78−0.123%$61.1M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.73−0.158%$17.1M$64.1M50xas long as short
Arcus AAVE-USD+0.0100%1h143.03+0.052%$64K$205K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88−0.053%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.91−0.032%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.92−0.025%$25.2M$23.8M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.93−0.018%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.83−0.088%$29.0M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h142.88−0.053%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.93−0.018%$337K$719K10xas long as short
Variational Omni AAVE+0.0100%8h142.60−0.250%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.74−0.150%$103K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.67−0.201%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.82−0.095%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.97+0.010%$125K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.90−0.037%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.89−0.046%$5K$292K10xas long as short
HTX AAVE-USDT+0.0100%8h143.00+0.031%$688K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.87−0.060%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.86−0.065%$896K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.95−0.008%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h142.99+0.021%$178K$242K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.74−0.151%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.91−0.032%$112K100xas long as short
Kraken Futures PF_AAVEUSDshort+0.0324%1h142.96+0.006%$3.4M$2.1M50x
Coinbase International AAVE-PERP-INTX+0.0336%1h142.95−0.004%$793K$2.8M50xas long as short