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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0164%/8h= −18.0% APRnext payment $0.21 per $10,000 · paid last 24h −0.007%
Price spread now: 01 Exchange against Pacifica−0.034%55s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and 01 Exchange is 0.034% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica AAVE144.050.0100pay 0.0013% / 1h31m 42s$328K$433K10x
Short01 Exchange AAVEUSD144.00−0.0064pay 0.0008% / 1h31m 42s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Pacifica. 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
−$34.44
Price spread: −0.034% → 0.000%
−$3.44
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$52.88
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 32 min ago; 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 Pacifica live order book, 32 min ago3.12 bp8.4 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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
01 Exchange AAVEUSDshort−0.0064%1h144.00−0.034%$11K$2K5x
Deribit AAVE_USDC-PERPETUAL−0.0028%1h143.86−0.132%$228K$389K50xas long as short
dYdX AAVE-USD0.0000%1h144.00−0.037%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.91−0.097%$60K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.97−0.056%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.922%$422$51K12xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h143.87−0.125%$18K$10K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.93−0.083%20xas long as short
Nado AAVE-PERP+0.0053%1h143.95−0.066%$834K$432K10xas long as short
Phoenix AAVE+0.0089%1h143.92−0.090%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.21+0.109%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.99−0.041%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.15+0.070%$78.0M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h144.08+0.022%$1.3M$1.2M50xas long as short
Pacifica AAVElong+0.0100%1h144.05long leg$328K$433K10x
Binance AAVEUSDT+0.0100%8h144.050.000%$64.5M$182.8M75xas long as short
Bybit AAVEUSDT+0.0100%8h144.03−0.014%$61.5M$64.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h144.01−0.028%$17.2M$63.6M50xas long as short
Arcus AAVE-USD+0.0100%1h144.03−0.014%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.90−0.104%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.04−0.007%$7.9M$15.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.03−0.014%$26.0M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.050.000%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.01−0.028%$30.2M$17.3M75xas long as short
BingX AAVE-USDC+0.0100%8h144.050.000%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.98−0.048%$321K$719K10xas long as short
Variational Omni AAVE+0.0100%8h143.76−0.203%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.84−0.145%$104K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.91−0.095%$453K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.97−0.055%$134K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.02−0.021%$126K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.93−0.083%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.87−0.125%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.08+0.020%$695K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.89−0.111%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.97−0.056%$913K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.88−0.119%$122K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h144.07+0.012%$188K$235K10xas long as short
BloFin AAVE-USDT+0.0220%8h144.00−0.034%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.95−0.067%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h144.00−0.037%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.050.000%$779K$2.8M50xas long as short