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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.051%
Price spread now: Coinbase International against Bulk+0.815%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.815% dearer against Bulk than usual: you sell high and buy low: +$82 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk AAVE-USD142.280.0100pay 0.0013% / 1h15m 08s$57K−$010x
ShortCoinbase International AAVE-PERP-INTX143.440.0376get 0.0047% / 1h15m 08s$765K$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bulk. 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
$57.96
Price spread: +0.815% → 0.000%
$81.53
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$122.49
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Bulk: no order-book sample; Coinbase International: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bulk no order-book sample
Sell Coinbase International live order book, 4 min ago4.18 bp12.4 bp −$1217.1 bp −$171doesn't fitdoesn't fit
Bulk: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX AAVE-USD0.0000%1h143.46+0.833%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.49+0.850%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.54+0.886%$218K$394K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.52+0.874%$80K150xas long as short
Nado AAVE-PERP+0.0024%1h143.50+0.854%$837K$400K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.739%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.50+0.856%20xas long as short
Orderly PERP_AAVE_USDC+0.0071%8h143.52+0.872%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0094%8h143.51+0.864%$4.0M$3.6M50xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.50+0.857%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAVEUSDT+0.0100%8h143.65+0.960%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.59+0.918%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.63+0.952%$64.6M$191.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.61+0.935%$61.7M$68.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.57+0.907%$17.2M$65.1M50xas long as short
Arcus AAVE-USD+0.0100%1h143.63+0.949%$64K$198K10xas long as short
Bulk AAVE-USDlong+0.0100%1h142.28long leg$57K−$010x
Gate AAVE_USDT+0.0100%8h143.61+0.935%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.63+0.949%$25.2M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.64+0.956%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.61+0.935%$29.4M$18.4M75xas long as short
BingX AAVE-USDC+0.0100%8h143.61+0.935%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h143.41+0.795%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.49+0.853%$106K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.47+0.836%$457K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.59+0.921%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.60+0.928%$142K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h143.60+0.926%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.54+0.886%$5K$313K10xas long as short
HTX AAVE-USDT+0.0100%8h143.69+0.987%$682K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h143.49+0.852%$911K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.55+0.893%$121K$14610xas long as short
Hyperliquid AAVE+0.0111%1h143.79+1.061%$78.5M$37.2M10xas long as short
01 Exchange AAVEUSD+0.0112%1h143.58+0.914%$10K$2K5xas long as short
Phoenix AAVE+0.0118%1h143.58+0.914%$4K$106K10xas long as short
Backpack AAVE_USDC_PERP+0.0159%1h143.71+1.005%$341K$729K10xas long as short
RISEx AAVE/USDC+0.0207%1h143.60+0.925%$194K$257K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.58+0.914%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0236%1h143.64+0.956%$3.4M$2.1M50xas long as short
Lighter AAVE+0.0240%1h143.77+1.047%$4.5M$2.4M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.51+0.867%$112K100xas long as short
Coinbase International AAVE-PERP-INTXshort+0.0376%1h143.44+0.815%$765K$2.9M50x