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−0.0216%/8h= −23.6% APRpaid last 24h +0.030%
Price spread now: edgeX against Kraken Futures+0.112%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$450.446% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.163%+$16 on $10k
Price spread, last 4 days (all we have)−0.345%−$34 · spread now +0.112%, 7d avg −0.047%
Together, before fees−0.181%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.159% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of −0.047%): +$16 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AAVEUSD142.760.0316pay 0.0039% / 1h46m 39s$3.4M$2.1M50x
ShortedgeX AAVEUSDC142.920.0100get 0.0050% / 4h1h 46m$107K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
−$45.32
Price spread: +0.112% → −0.047%
$15.86
Slippage, 4 orders
−$25.64
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$74.1
Costs to cover
0.446%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; edgeX: live order book, 61 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 Kraken Futures live order book, 2 min ago4.90 bp14.3 bp −$1424.4 bp −$244doesn't fitdoesn't fit
Sell edgeX live order book, 61 min ago3.49 bp8.0 bp −$812.4 bp −$124doesn'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
dYdX AAVE-USD0.0000%1h142.55−0.145%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.86+0.072%$49K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.67−0.061%$217K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.68−0.058%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.061%$422$51K12xas long as short
Nado AAVE-PERP+0.0039%1h142.73−0.019%$829K$400K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.65−0.074%20xas long as short
ApeX Omni AAVEUSDT+0.0073%1h142.87+0.079%$133K$223K50xas long as short
Orderly PERP_AAVE_USDC+0.0076%8h142.66−0.068%$18K$10K10xas long as short
Phoenix AAVE+0.0089%1h143.30+0.380%$4K$108K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.68−0.057%$4.5M$2.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.48−0.196%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.53−0.162%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.55−0.147%$325K$449K10xas long as short
Binance AAVEUSDT+0.0100%8h142.50−0.182%$64.2M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.49−0.188%$61.3M$68.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.46−0.209%$17.0M$65.4M50xas long as short
Arcus AAVE-USD+0.0100%1h142.49−0.188%$63K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.088%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.53−0.160%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.52−0.167%$25.0M$24.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.52−0.167%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.45−0.216%$29.1M$18.4M75xas long as short
BingX AAVE-USDC+0.0100%8h142.47−0.202%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.75−0.005%$335K$723K10xas long as short
Variational Omni AAVE+0.0100%8h142.91+0.108%$3.7M$1.3Mas long as short
edgeX AAVEUSDCshort+0.0100%4h142.92+0.112%$107K$283K20x
GRVT AAVE_USDT_Perp+0.0100%8h142.83+0.053%$452K$3.9M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.77+0.009%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.73−0.022%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.66−0.068%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h143.02+0.184%$679K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.68−0.054%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h142.40−0.249%$906K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.68−0.052%$121K$14610xas long as short
01 Exchange AAVEUSD+0.0128%1h142.80+0.030%$10K$2K5xas long as short
BloFin AAVE-USDT+0.0220%8h142.65−0.075%$3.3M$3.6M100xas long as short
Hyperliquid AAVE+0.0228%1h142.69−0.047%$78.0M$37.2M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.67−0.062%$112K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.44−0.225%$195K$262K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h143.20+0.310%$759K$2.9M50xas long as short
Kraken Futures PF_AAVEUSDlong+0.0316%1h142.76long leg$3.4M$2.1M50x