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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Extended+0.062%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$321as in the Funding arb table
Net, price: spread back to 7d avg − costs−$301as in the Price arb table
costs, in and out, $10k−$3003.002% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.062%, 7d avg +0.071%
Together, before fees−0.175%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD141.960.0104pay 0.0013% / 1h2m 41s$905K$1.7M50x
ShortdYdX AAVE-USD142.040get 0.0000% / 1h2m 41s$101K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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
−$21.84
Price spread: +0.062% → +0.071%
−$0.88
Slippage, 4 orders
−$285.18
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$322.9
Costs to cover
3.002%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; dYdX: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 1 min ago2.82 bp6.6 bp −$722.4 bp −$224doesn't fitdoesn't fit
Sell dYdX live order book, 41 min ago69.69 bp212.1 bp −$212213.2 bp −$2,132213.4 bp −$21.3K233.7 bp −$116.9K

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-USDshort0.0000%1h142.04+0.062%$101K$4K10x
Kalshi KXAAVEPERP0.0000%8h142.05+0.067%$51K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.03+0.053%$215K$398K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.03+0.053%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.519%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.93−0.020%20xas long as short
Nado AAVE-PERP+0.0070%1h142.00+0.028%$827K$396K10xas long as short
Orderly PERP_AAVE_USDC+0.0080%8h142.00+0.032%$18K$7K10xas long as short
Phoenix AAVE+0.0089%1h142.50+0.384%$4K$108K10xas long as short
Lighter AAVE+0.0096%1h142.13+0.122%$4.5M$2.5M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h141.97+0.011%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.04+0.061%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.03+0.053%$324K$384K10xas long as short
Binance AAVEUSDT+0.0100%8h142.01+0.039%$63.8M$188.6M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.99+0.024%$61.4M$67.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.00+0.032%$17.0M$63.9M50xas long as short
Arcus AAVE-USD+0.0100%1h142.10+0.102%$63K$197K10xas long as short
Bulk AAVE-USD+0.0100%1h142.35+0.278%$161K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h142.01+0.039%$8.0M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.99+0.024%$24.3M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.98+0.017%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.95−0.004%$29.0M$17.8M75xas long as short
BingX AAVE-USDC+0.0100%8h141.98+0.017%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h142.26+0.215%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h142.12+0.115%$108K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.13+0.123%$444K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.08+0.088%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.09+0.095%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.00+0.034%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.02+0.046%$5K$285K10xas long as short
HTX AAVE-USDT+0.0100%8h142.46+0.353%$674K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.02+0.046%$4.0M$3.6M50xas long as short
Extended AAVE-USDlong+0.0104%1h141.96long leg$905K$1.7M50x
Aevo AAVE-PERP+0.0104%1h142.05+0.068%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0112%1h142.08+0.088%$10K$2K5xas long as short
Hyperliquid AAVE+0.0158%1h142.11+0.109%$77.7M$36.9M10xas long as short
Backpack AAVE_USDC_PERP+0.0167%1h142.13+0.123%$390K$727K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.03+0.053%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.99+0.025%$111K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.08+0.091%$188K$270K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.29+0.236%$755K$2.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0317%1h142.12+0.117%$3.4M$2.1M50xas long as short