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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.019%
Price spread now: Nado against Injective+5.483%49s7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 5.483% dearer against Injective than usual: you sell high and buy low: +$548 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h48m 11s$422$51K12x
ShortNado AAVE-PERP144.470.0100get 0.0012% / 1h48m 11s$800K$427K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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
$14
Price spread: +5.483% → 0.000%
$548.34
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$555.32
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Nado: live order book, 20 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 Injective no order-book sample
Sell Nado live order book, 20 min ago1.37 bp8.3 bp −$814.5 bp −$145doesn't fitdoesn't fit
Injective: 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
Deribit AAVE_USDC-PERPETUAL−1.9765%1h141.50+3.315%$246K$362K50xas long as short
ApeX Omni AAVEUSDT−0.0166%1h144.26+5.330%$134K$230K50xas long as short
01 Exchange AAVEUSD−0.0048%1h144.45+5.469%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.49+5.500%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.60+5.580%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.67+5.629%$65K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.41+5.440%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.68+5.637%$5K$98K10xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
MEXC AAVE_USDT+0.0036%8h144.45+5.469%$27.6M$24.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0039%8h144.44+5.461%$65.2M$184.9M75xas long as short
Orderly PERP_AAVE_USDC+0.0043%8h144.36+5.403%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h144.29+5.354%20xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h144.50+5.505%$17.5M$66.2M50xas long as short
Aevo AAVE-PERP+0.0088%1h144.42+5.446%$122K$14610xas long as short
RISEx AAVE/USDC+0.0089%1h144.48+5.491%$183K$231K10xas long as short
Lighter AAVE+0.0096%1h144.59+5.574%$4.6M$1.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.53+5.527%$14K$4K20xas long as short
Nado AAVE-PERPshort+0.0100%1h144.47+5.483%$800K$427K10x
Hyperliquid AAVE+0.0100%1h144.61+5.586%$78.6M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h144.45+5.466%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.59+5.572%$330K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.50+5.505%$61.9M$65.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.46+5.476%$45K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h144.56+5.549%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.48+5.491%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.48+5.491%$10.8M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.43+5.454%$30.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.49+5.498%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.50+5.505%$324K$750K10xas long as short
Variational Omni AAVE+0.0100%8h144.23+5.310%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.86+5.040%$104K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.95+5.102%$455K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.47+5.483%$125K$417K10xas long as short
SunX AAVE-USDT+0.0100%8h144.35+5.394%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.42+5.447%$5K$302K10xas long as short
HTX AAVE-USDT+0.0100%8h144.78+5.706%$703K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.40+5.432%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.39+5.425%$922K$1.7M50xas long as short
BloFin AAVE-USDT+0.0147%8h144.53+5.527%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0366%1h144.38+5.415%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.89+5.790%$777K$2.9M50xas long as short