Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.031%

Price spread now: 01 Exchange against Aster+0.064%54s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: 01 Exchange is 0.064% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	141.42	0.0100	pay 0.0100% / 8h	7h 51m	$1.2M	$1.2M	50x
Short	01 Exchange AAVEUSD	141.51	0.0104	get 0.0013% / 1h	51m 37s	$10K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.064%Rate

Funding earned: $0.84
Price spread: +0.064% → 0.000%: $6.41
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$7.75
Costs to cover: 0.150%
Break-even: 71.6 days

Slippage unknown: Aster: live order book, 1 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 1 min ago	3.89 bp	11.3 bp −$11	29.7 bp −$297	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit AAVE_USDC-PERPETUAL	−0.0033%	1h	141.29	−0.091%	$213K	$392K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.41	−0.006%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.27	−0.106%	$46K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.28	−0.098%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.153%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.32	−0.072%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0085%	8h	141.26	−0.113%	$17K	$8K	10x	as long as short
Phemex AAVEUSDT	+0.0089%	8h	141.38	−0.028%	$3.9M	$3.6M	50x	as long as short
Phoenix AAVE	+0.0096%	1h	141.65	+0.163%	$4K	$99K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.39	−0.022%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0100%	1h	141.41	−0.008%	$827K	$400K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.51	+0.064%	$77.2M	$37.1M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	141.42	long leg	$1.2M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	141.43	+0.006%	$329K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.42	0.000%	$63.6M	$192.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.40	−0.014%	$60.9M	$69.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.43	+0.008%	$16.6M	$64.8M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.63	+0.149%	$92K	$221K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.56	+0.103%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.38	−0.028%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.41	−0.007%	$22.9M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.46	+0.029%	$10.2M	$9.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.44	+0.015%	$28.7M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.48	+0.043%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.23	−0.133%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.11	−0.220%	$109K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.11	−0.221%	$451K	$3.5M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.16	−0.183%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.44	+0.015%	$134K	$484K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.43	+0.010%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.21	−0.148%	$5K	$298K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.38	−0.031%	$666K	$5.3M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.47	+0.039%	$909K	$1.8M	50x	as long as short
01 Exchange AAVEUSDshort	+0.0104%	1h	141.51	+0.064%	$10K	$2K	5x
Aevo AAVE-PERP	+0.0104%	1h	141.30	−0.084%	$119K	$146	10x	as long as short
Lighter AAVE	+0.0200%	1h	141.61	+0.138%	$4.5M	$2.5M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0203%	1h	141.47	+0.036%	$385K	$732K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0216%	1h	141.46	+0.029%	$753K	$2.7M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.35	−0.049%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0223%	1h	141.58	+0.116%	$178K	$296K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0249%	1h	141.32	−0.068%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.33	−0.060%	$110K	—	100x	as long as short