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+0.0282%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h
Price spread now: Kraken Futures against Reya−0.060%48s7-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 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.060% cheaper against Reya than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$8 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AAVERUSDPERP141.780.0044pay 0.0006% / 1h38m 36s20x
ShortKraken Futures PF_AAVEUSD141.700.0327get 0.0041% / 1h38m 36s$3.4M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. 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
$59.31
Price spread: −0.060% → 0.000%
−$5.98
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$37.32
Costs to cover
0.160%
Break-even
2.6 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 5 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 Reya no order-book sample
Sell Kraken Futures live order book, 5 min ago5.27 bp14.9 bp −$1521.6 bp −$216164.3 bp −$16.4Kdoesn't fit
Reya: 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−0.0168%1h141.70−0.058%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h141.69−0.065%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.80+0.013%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.59−0.135%$219K$399K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.71−0.048%$79K150xas long as short
SoDEX AAVE-USD+0.0020%1h141.57−0.149%$5K$299K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.401%$422$51K12xas long as short
Reya AAVERUSDPERPlong+0.0044%1h141.78long leg20x
Nado AAVE-PERP+0.0045%1h141.78+0.002%$840K$447K10xas long as short
Orderly PERP_AAVE_USDC+0.0046%8h141.59−0.135%$18K$10K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix AAVE+0.0056%1h142.05+0.189%$4K$102K10xas long as short
Lighter AAVE+0.0096%1h141.71−0.048%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.65−0.093%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h141.75−0.023%$76.5M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h141.68−0.072%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h141.63−0.104%$324K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h141.80+0.016%$63.5M$186.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.81+0.020%$60.7M$66.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.82+0.027%$17.0M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h141.80+0.013%$63K$204K10xas long as short
Bulk AAVE-USD+0.0100%1h142.12+0.238%$57K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h141.62−0.114%$8.0M$15.7M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.59−0.135%$24.9M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.65−0.093%$10.5M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.70−0.058%$28.8M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h141.60−0.128%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h141.68−0.072%$336K$716K10xas long as short
Variational Omni AAVE+0.0100%8h141.94+0.111%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.18+0.282%$102K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.91+0.087%$445K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.90+0.083%$132K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.83+0.034%$122K$384K10xas long as short
SunX AAVE-USDT+0.0100%8h141.67−0.079%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h141.73−0.035%$682K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.65−0.093%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h141.57−0.146%$892K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.61−0.123%$120K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h141.77−0.011%$176K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.96+0.126%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.71−0.053%$111K100xas long as short
Kraken Futures PF_AAVEUSDshort+0.0327%1h141.70−0.060%$3.4M$2.1M50x
Coinbase International AAVE-PERP-INTX+0.0336%1h142.18+0.281%$788K$2.9M50xas long as short