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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0119%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.003%
Price spread now: RISEx against Extended+0.171%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$190.189% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.273%−$27 · spread now +0.171%, 7d avg +0.058%
Together, before fees−0.311%+ Points / potential airdropExtended: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.113% dearer against Extended than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AAVE-USD141.270.0104pay 0.0013% / 1h41m 47s$909K$1.8M50x
ShortRISEx AAVE/USDC141.510.0223get 0.0028% / 1h41m 47s$172K$298K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$25.04
Price spread: +0.171% → +0.058%
$11.31
Slippage, 4 orders
−$7.93
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$17.42
Costs to cover
0.189%
Break-even
2.1 days
Slippage from Extended: live order book, 2 min ago; RISEx: live order book, 56 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, 2 min ago1.77 bp5.2 bp −$518.1 bp −$181doesn't fitdoesn't fit
Sell RISEx live order book, 56 min ago1.06 bp4.1 bp −$48.9 bp −$89doesn't fitdoesn't fit

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−0.0033%1h141.39+0.086%$213K$392K50xas long as short
dYdX AAVE-USD0.0000%1h141.48+0.147%$102K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.44+0.121%$52K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.42+0.108%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.050%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.42+0.107%20xas long as short
Orderly PERP_AAVE_USDC+0.0087%8h141.37+0.072%$17K$8K10xas long as short
01 Exchange AAVEUSD+0.0096%1h141.52+0.178%$10K$2K5xas long as short
Phoenix AAVE+0.0096%1h141.66+0.277%$4K$99K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.34+0.050%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.37+0.073%$827K$400K10xas long as short
Hyperliquid AAVE+0.0100%1h141.44+0.121%$77.2M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.40+0.093%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.41+0.097%$329K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.31+0.031%$63.5M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.28+0.008%$60.9M$69.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.28+0.008%$16.6M$64.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.57+0.213%$94K$224K10xas long as short
Bulk AAVE-USD+0.0100%1h141.50+0.161%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.34+0.050%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.32+0.036%$22.8M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.35+0.057%$10.2M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.27+0.001%$28.7M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h141.32+0.036%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h141.51+0.172%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.51+0.170%$109K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.58+0.220%$452K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.60+0.234%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.52+0.178%$134K$474K10xas long as short
SunX AAVE-USDT+0.0100%8h141.45+0.131%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.37+0.072%$5K$299K10xas long as short
HTX AAVE-USDT+0.0100%8h141.55+0.202%$666K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.41+0.100%$3.9M$3.6M50xas long as short
Extended AAVE-USDlong+0.0104%1h141.27long leg$909K$1.8M50x
Aevo AAVE-PERP+0.0104%1h141.41+0.103%$119K$14610xas long as short
Lighter AAVE+0.0184%1h141.53+0.188%$4.5M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0193%1h141.44+0.121%$385K$732K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h141.83+0.397%$755K$2.8M50xas long as short
BloFin AAVE-USDT+0.0220%8h141.37+0.072%$3.2M$3.5M100xas long as short
RISEx AAVE/USDCshort+0.0223%1h141.51+0.171%$172K$298K10x
Kraken Futures PF_AAVEUSD+0.0249%1h141.46+0.134%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h141.44+0.121%$110K100xas long as short