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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0073%/8h= −8.0% APRnext payment $0.09 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Bulk+0.118%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.118% dearer against Bulk than usual: you sell high and buy low (spread +0.118% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk AAVE-USD143.970.0073pay 0.0009% / 1h11m 24s$60K$3K10x
ShortdYdX AAVE-USD144.150get 0.0000% / 1h11m 24s$103K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$15.43
Price spread: +0.118% → 0.000%
$11.84
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$20.59
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bulk: no order-book sample; dYdX: live order book, 12 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 dYdX live order book, 12 min ago146.85 bp151.8 bp −$152151.8 bp −$1,518228.9 bp −$22.9K510.5 bp −$255.2K
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
Deribit AAVE_USDC-PERPETUAL−0.0374%1h144.03+0.038%$253K$494K50xas long as short
SoDEX AAVE-USD−0.0158%1h143.98+0.003%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0112%1h144.06+0.059%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.39+0.288%$5K$101K10xas long as short
dYdX AAVE-USDshort0.0000%1h144.15+0.118%$103K$5K10x
Kalshi KXAAVEPERP0.0000%8h144.05+0.052%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.08+0.076%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.15+0.124%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.872%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.03+0.037%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0049%8h144.02+0.031%$65.6M$184.9M75xas long as short
MEXC AAVE_USDT+0.0049%8h144.02+0.031%$31.2M$26.4M200xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.02+0.031%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0053%8h144.05+0.052%$17.4M$66.0M50xas long as short
Gate AAVE_USDT+0.0058%8h144.01+0.024%$7.7M$15.9M75xas long as short
Bulk AAVE-USDlong+0.0073%1h143.97long leg$60K$3K10x
ApeX Omni AAVEUSDT+0.0079%1h144.26+0.198%$134K$230K50xas long as short
GRVT AAVE_USDT_Perp+0.0090%8h144.17+0.135%$451K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.21+0.164%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.06+0.058%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.07+0.067%$179K$245K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.99+0.012%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.00+0.021%$799K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.15+0.122%$80.1M$33.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.06+0.059%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.02+0.031%$328K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.07+0.066%$61.3M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.03+0.038%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.11+0.094%$10.2M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.00+0.017%$30.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.04+0.045%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.12+0.101%$380K$708K10xas long as short
Variational Omni AAVE+0.0100%8h144.27+0.204%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.28+0.210%$101K$315K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.12+0.101%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h143.99+0.008%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.12+0.100%$717K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.02+0.031%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.97−0.003%$924K$1.8M50xas long as short
BloFin AAVE-USDT+0.0170%8h144.02+0.031%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.51+0.372%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.07+0.066%$124K100xas long as short