Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0004%/8hpaid last 24h −0.003%

Price spread now: Aevo against edgeX+0.042%72s7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1111.112% of the position

Long on edgeX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now +0.042%, 7d avg +0.026%

Together, before fees−0.007%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAVEUSDC	144.62	0.0100	pay 0.0050% / 4h	5m 45s	$98K	$311K	20x
Short	Aevo AAVE-PERP	144.69	0.0104	get 0.0013% / 1h	5m 45s	$122K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now +0.042%Rate

Funding earned: $0.84
Price spread: +0.042% → +0.026%: $1.6
Slippage, 4 orders: −$86.16
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$108.72
Costs to cover: 1.112%
Break-even: 913.0 days

Slippage from edgeX: live order book, 26 min ago; Aevo: live order book, 27 min ago.

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 edgeX live order book, 26 min ago	3.81 bp	8.3 bp −$8	11.9 bp −$119	doesn't fit	doesn't fit
Sell Aevo live order book, 27 min ago	30.85 bp	47.3 bp −$47	302.9 bp −$3,029	doesn't fit	doesn't fit

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
SoDEX AAVE-USD	−0.0149%	1h	144.59	−0.024%	$5K	$281K	10x	as long as short
01 Exchange AAVEUSD	−0.0024%	1h	144.72	+0.066%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.64	+0.012%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.70	+0.053%	$54K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	144.80	+0.122%	$4K	$92K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.71	+0.059%	$210K	$379K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.70	+0.052%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.299%	$422	$51K	12x	as long as short
OKX AAVE-USDT-SWAP	+0.0042%	8h	144.45	−0.120%	$18.1M	$63.0M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.60	−0.018%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0069%	8h	144.62	−0.003%	$18K	$12K	10x	as long as short
Bulk AAVE-USD	+0.0081%	1h	144.48	−0.100%	$61K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0094%	8h	144.56	−0.044%	$7.8M	$14.3M	75x	as long as short
Variational Omni AAVE	+0.0094%	8h	144.67	+0.035%	$3.8M	$1.3M	—	as long as short
Lighter AAVE	+0.0096%	1h	144.69	+0.042%	$4.6M	$1.6M	10x	as long as short
MEXC AAVE_USDT	+0.0096%	8h	144.56	−0.044%	$32.8M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0098%	8h	144.51	−0.080%	$65.4M	$173.2M	75x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.59	−0.023%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.65	+0.015%	$825K	$428K	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.69	+0.043%	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.68	+0.039%	$338K	$482K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.48	−0.100%	$61.4M	$61.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.67	+0.032%	$61K	$382K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.63	+0.004%	$10.3M	$8.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.50	−0.086%	$30.0M	$16.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.55	−0.051%	—	$42.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.69	+0.046%	$331K	$589K	10x	as long as short
edgeX AAVEUSDClong	+0.0100%	4h	144.62	long leg	$98K	$311K	20x
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.69	+0.045%	$453K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.72	+0.066%	$135K	$235K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.70	+0.053%	$130K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.58	−0.032%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.74	+0.080%	$737K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.62	−0.003%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.54	−0.055%	$928K	$1.7M	50x	as long as short
Aevo AAVE-PERPshort	+0.0104%	1h	144.69	+0.042%	$122K	$146	10x
RISEx AAVE/USDC	+0.0105%	1h	144.69	+0.045%	$188K	$236K	10x	as long as short
Hyperliquid AAVE	+0.0155%	1h	144.78	+0.108%	$81.3M	$28.8M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0208%	1h	144.73	+0.073%	$747K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0210%	1h	144.72	+0.066%	$3.5M	$2.2M	50x	as long as short
BloFin AAVE-USDT	+0.0217%	8h	144.67	+0.032%	$3.5M	$5.3M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0451%	1h	144.69	+0.047%	$127K	—	100x	as long as short