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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0177%/8h= −19.4% APRnext payment $0.22 per $10,000 · paid last 24h +0.039%
Price spread now: 01 Exchange against Injective+6.732%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
The price spread pays, funding is against you. 01 Exchange is 6.732% dearer against Injective than usual: you sell high and buy low (spread +6.732% now, against zero (this spread has no 7-day history yet)): +$673 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AAVE/USDC PERP136.960.0033pay 0.0004% / 1h33m 48s$422$51K12x
Short01 Exchange AAVEUSD146.18−0.0144pay 0.0018% / 1h33m 48s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$37.24
Price spread: +6.732% → 0.000%
$673.19
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$628.93
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
Injective and 01 Exchange: 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
Kraken Futures PF_AAVEUSD−0.0184%1h146.25+6.782%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSDshort−0.0144%1h146.18+6.732%$11K$2K5x
SoDEX AAVE-USD−0.0109%1h146.13+6.695%$5K$305K10xas long as short
Phemex AAVEUSDT−0.0060%8h146.16+6.717%$4.2M$3.8M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h146.17+6.725%$255K$369K50xas long as short
dYdX AAVE-USD0.0000%1h146.33+6.841%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.10+6.673%$77K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h145.87+6.506%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.19+6.741%$71K150xas long as short
MEXC AAVE_USDT+0.0020%8h146.26+6.790%$29.2M$25.8M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0020%8h146.29+6.812%$66.3M$184.8M75xas long as short
Injective AAVE/USDC PERPlong+0.0033%1h136.96long leg$422$51K12x
Reya AAVERUSDPERP+0.0044%1h146.09+6.669%20xas long as short
Orderly PERP_AAVE_USDC+0.0047%8h146.11+6.681%$18K$10K10xas long as short
Gate AAVE_USDT+0.0049%8h146.15+6.710%$7.9M$15.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0060%8h146.27+6.798%$17.9M$66.9M50xas long as short
ApeX Omni AAVEUSDT+0.0067%1h146.03+6.622%$136K$230K50xas long as short
GRVT AAVE_USDT_Perp+0.0069%8h145.92+6.542%$462K$3.9M10xas long as short
BloFin AAVE-USDT+0.0085%8h145.81+6.462%$3.5M$4.0M100xas long as short
Bybit AAVEUSDT+0.0088%8h146.29+6.812%$62.5M$65.3M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.16+6.721%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.49+6.958%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.12+6.691%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.11+6.684%$799K$445K10xas long as short
Hyperliquid AAVE+0.0100%1h146.26+6.790%$79.8M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h146.14+6.705%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.26+6.792%$334K$503K10xas long as short
Arcus AAVE-USD+0.0100%1h146.20+6.746%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.72+6.396%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.12+6.688%$10.1M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.08+6.659%$30.3M$18.1M75xas long as short
BingX AAVE-USDT+0.0100%8h146.09+6.666%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.23+6.768%$333K$741K10xas long as short
Variational Omni AAVE+0.0100%8h145.87+6.507%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.87+6.507%$105K$317K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.24+6.776%$128K$427K10xas long as short
SunX AAVE-USDT+0.0100%8h146.14+6.706%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.27+6.797%$710K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h146.07+6.648%$932K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.23+6.769%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0233% / S −0.0363%1h146.20+6.750%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.14+6.703%$786K$3.1M50xas long as short