Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: Polymarket Perps against Aster+0.008%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 3 days (all we have)+0.193%+$19 · spread now +0.008%, 7d avg +0.033%

Together, before fees+0.210%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.025% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	145.97	0.0100	pay 0.0100% / 8h	1m 09s	$1.4M	$1.2M	50x
Short	Polymarket Perps AAVE-USD	145.98	0.0100	get 0.0013% / 1h	1m 09s	$128K	$455K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee AsterbpFee Polymarket PerpsbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.033%: −$2.54
Slippage, 4 orders: −$17.82
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$36.36
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Polymarket Perps: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 2 min ago	2.74 bp	8.9 bp −$9	34.0 bp −$340	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 11 min ago	1.37 bp	8.8 bp −$9	9.6 bp −$96	25.7 bp −$2,574	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AAVE-USD	−0.0124%	1h	145.97	+0.001%	$5K	$305K	10x	as long as short
01 Exchange AAVEUSD	−0.0056%	1h	145.91	−0.040%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	145.80	−0.115%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.96	−0.004%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.04	+0.049%	$78K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.01	+0.028%	$255K	$391K	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.10	+0.091%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.97	−0.002%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0027%	8h	145.95	−0.013%	$29.6M	$26.2M	200x	as long as short
Binance AAVEUSDT	+0.0028%	8h	145.97	+0.001%	$66.3M	$187.9M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.172%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.90	−0.047%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.94	−0.020%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	145.94	−0.020%	$17.9M	$67.8M	50x	as long as short
Gate AAVE_USDT	+0.0074%	8h	145.94	−0.020%	$7.9M	$16.0M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.99	+0.011%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.16	+0.133%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.89	−0.052%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.89	−0.054%	$801K	$446K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.09	+0.083%	$80.3M	$35.0M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	145.97	long leg	$1.4M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	145.92	−0.032%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.96	−0.006%	$62.3M	$66.1M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.91	−0.040%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.59	−0.261%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.93	−0.026%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.92	−0.033%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.96	−0.006%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.08	+0.076%	$349K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.88	−0.064%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.72	−0.167%	$105K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.40	−0.388%	$454K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.82	−0.102%	$136K	$230K	50x	as long as short
Polymarket Perps AAVE-USDshort	+0.0100%	1h	145.98	+0.008%	$128K	$455K	10x
SunX AAVE-USDT	+0.0100%	8h	145.88	−0.057%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.02	+0.033%	$692K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.97	+0.001%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.94	−0.022%	$934K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.96	−0.009%	$185K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0111%	8h	145.90	−0.047%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	145.97	0.000%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	145.81	−0.109%	$794K	$3.0M	50x	as long as short