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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRnext payment $0.21 per $10,000 · paid last 24h −0.055%
Price spread now: SoDEX against Bulk−0.205%7-day average · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SoDEX is 0.205% cheaper against Bulk than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk AAVE-USD146.070.0100pay 0.0013% / 1h23m 02s$61K$36010x
ShortSoDEX AAVE-USD145.77−0.0069pay 0.0009% / 1h23m 02s$5K$305K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$35.47
Price spread: −0.205% → 0.000%
−$20.54
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$71
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Bulk: no order-book sample; SoDEX: live order book, 55 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 SoDEX live order book, 55 min ago0.34 bp5.0 bp −$59.5 bp −$9595.3 bp −$9,534doesn'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
SoDEX AAVE-USDshort−0.0069%1h145.77−0.205%$5K$305K10x
Phoenix AAVE−0.0027%1h145.94−0.089%$5K$99K10xas long as short
01 Exchange AAVEUSD−0.0016%1h145.68−0.267%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h145.79−0.193%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.74−0.226%$84K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h145.79−0.192%$255K$394K50xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.88−0.128%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.75−0.217%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.237%$422$51K12xas long as short
Binance AAVEUSDT+0.0041%8h145.77−0.205%$66.4M$186.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0041%8h145.76−0.212%$29.8M$26.0M200xas long as short
Reya AAVERUSDPERP+0.0044%1h145.62−0.305%20xas long as short
Orderly PERP_AAVE_USDC+0.0053%8h145.72−0.240%$18K$12K10xas long as short
Gate AAVE_USDT+0.0073%8h145.83−0.164%$7.9M$15.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0075%8h145.76−0.212%$17.9M$67.6M50xas long as short
Aevo AAVE-PERP+0.0088%1h145.77−0.202%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.99−0.053%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.70−0.255%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.63−0.301%$801K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h145.94−0.089%$80.5M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h145.91−0.108%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.70−0.255%$332K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.79−0.192%$62.2M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h145.67−0.274%$51K$273K10xas long as short
Bulk AAVE-USDlong+0.0100%1h146.07long leg$61K$36010x
KuCoin AAVEUSDTM+0.0100%8h145.86−0.144%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.72−0.240%$30.3M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.82−0.171%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.91−0.110%$347K$745K10xas long as short
Variational Omni AAVE+0.0100%8h146.07−0.001%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.77−0.207%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.03−0.026%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.72−0.240%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.74−0.226%$127K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h145.59−0.326%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.81−0.177%$689K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.80−0.185%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.73−0.234%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h145.71−0.249%$185K$246K10xas long as short
BloFin AAVE-USDT+0.0161%8h145.75−0.219%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.70−0.250%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h145.90−0.116%$786K$3.0M50xas long as short