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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h −0.028%
Price spread now: SoDEX against Injective+4.213%7-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 feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 4.213% dearer against Injective than usual: you sell high and buy low: +$421 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h18m 34s$422$51K12x
ShortSoDEX AAVE-USD142.730.0099get 0.0012% / 1h18m 34s$5K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$13.83
Price spread: +4.213% → 0.000%
$421.29
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$427.1
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; SoDEX: live order book, 40 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 SoDEX live order book, 40 min ago0.35 bp5.0 bp −$510.7 bp −$10798.7 bp −$9,867doesn'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
01 Exchange AAVEUSD−0.0144%1h142.56+4.089%$10K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0030%1h142.73+4.213%$219K$401K50xas long as short
dYdX AAVE-USD0.0000%1h142.64+4.148%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.78+4.249%$46K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.76+4.238%$80K150xas long as short
Nado AAVE-PERP+0.0011%1h142.66+4.165%$841K$448K10xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h142.70+4.191%20xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h142.71+4.198%$18K$10K10xas long as short
Phoenix AAVE+0.0056%1h142.95+4.374%$4K$102K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.64+4.147%$4.5M$2.0M10xas long as short
SoDEX AAVE-USDshort+0.0099%1h142.73+4.213%$5K$292K10x
Paradex AAVE-USD-PERP+0.0100%8h142.61+4.124%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.64+4.147%$76.8M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h142.63+4.139%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h142.55+4.078%$326K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h142.56+4.085%$63.8M$186.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.58+4.103%$61.0M$67.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.57+4.096%$17.1M$64.0M50xas long as short
Arcus AAVE-USD+0.0100%1h142.72+4.206%$64K$203K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+4.322%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h142.63+4.140%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.53+4.067%$25.1M$23.8M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.59+4.111%$10.5M$9.3M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.49+4.038%$29.0M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h142.59+4.111%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.82+4.279%$336K$718K10xas long as short
Variational Omni AAVE+0.0100%8h142.71+4.197%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.74+4.219%$103K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.72+4.204%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.76+4.235%$133K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.80+4.264%$125K$386K10xas long as short
SunX AAVE-USDT+0.0100%8h142.73+4.214%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.02+4.427%$688K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.72+4.206%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h142.52+4.058%$896K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.75+4.228%$121K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h142.63+4.139%$178K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.75+4.228%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.77+4.241%$112K100xas long as short
Kraken Futures PF_AAVEUSD+0.0324%1h142.85+4.302%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.95+4.374%$793K$2.8M50xas long as short