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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.086%
Price spread now: 01 Exchange against Coinbase International−0.084%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 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and 01 Exchange is 0.084% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AAVE-PERP-INTX143.400.0296pay 0.0037% / 1h55m 15s$765K$2.9M50x
Short01 Exchange AAVEUSD143.280.0160get 0.0020% / 1h55m 15s$10K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Coinbase International. 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
−$28.56
Price spread: −0.084% → 0.000%
−$8.37
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$53.93
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago4.17 bp13.6 bp −$1418.8 bp −$188doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX AAVE-USD0.0000%1h143.38−0.013%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.27−0.091%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h143.18−0.153%$218K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.21−0.136%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.491%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.21−0.134%20xas long as short
Nado AAVE-PERP+0.0058%1h143.28−0.084%$832K$400K10xas long as short
Orderly PERP_AAVE_USDC+0.0075%8h143.19−0.146%$18K$10K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.27−0.091%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h143.27−0.091%$1.2M$1.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AAVE+0.0100%1h143.32−0.054%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.27−0.091%$64.5M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.24−0.112%$61.7M$68.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.22−0.126%$17.1M$65.7M50xas long as short
Arcus AAVE-USD+0.0100%1h143.33−0.049%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91+0.356%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.22−0.126%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.25−0.105%$25.3M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.28−0.084%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.20−0.139%$29.3M$18.4M75xas long as short
BingX AAVE-USDC+0.0100%8h143.22−0.126%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.39−0.007%$340K$727K10xas long as short
Variational Omni AAVE+0.0100%8h143.26−0.098%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.52+0.085%$107K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.33−0.050%$453K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.400.000%$133K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.31−0.063%$142K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h143.21−0.135%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.16−0.167%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.57+0.121%$681K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.31−0.063%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.12−0.196%$911K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.20−0.139%$121K$14610xas long as short
Phoenix AAVE+0.0118%1h143.73+0.230%$4K$108K10xas long as short
01 Exchange AAVEUSDshort+0.0160%1h143.28−0.084%$10K$2K5x
Lighter AAVE+0.0192%1h143.37−0.018%$4.5M$2.4M10xas long as short
BloFin AAVE-USDT+0.0220%8h143.18−0.153%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h143.19−0.148%$112K100xas long as short
RISEx AAVE/USDC+0.0256%1h143.28−0.087%$196K$263K10xas long as short
Coinbase International AAVE-PERP-INTXlong+0.0296%1h143.40long leg$765K$2.9M50x
Hyperliquid AAVE+0.0314%1h143.400.000%$78.4M$37.3M10xas long as short
Kraken Futures PF_AAVEUSD+0.0315%1h143.25−0.105%$3.4M$2.1M50xas long as short