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−0.0091%/8h= −10.0% APRnext payment $0.11 per $10,000 · paid last 24h +0.007%
Price spread now: Aevo against RISEx+0.065%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$830.832% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.040%+$4 on $10k
Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.065%, 7d avg +0.011%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aevo is 0.054% dearer against RISEx than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.011%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC143.970.0195pay 0.0024% / 1h54m 05s$199K$228K10x
ShortAevo AAVE-PERP144.060.0104get 0.0013% / 1h54m 05s$122K$14610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against RISEx. 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
−$19.13
Price spread: +0.065% → +0.011%
$5.4
Slippage, 4 orders
−$61.18
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$96.9
Costs to cover
0.832%
Break-even
never at this rate
Slippage from RISEx: live order book, 9 min ago; Aevo: live order book, 10 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 RISEx live order book, 9 min ago1.84 bp4.8 bp −$59.6 bp −$96doesn't fitdoesn't fit
Sell Aevo live order book, 10 min ago21.82 bp35.9 bp −$36189.2 bp −$1,892doesn't fitdoesn't fit

AAVE on 41 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
Deribit AAVE_USDC-PERPETUAL−0.6483%1h143.09−0.612%$243K$370K50xas long as short
ApeX Omni AAVEUSDT−0.0648%1h143.72−0.175%$134K$219K50xas long as short
01 Exchange AAVEUSD−0.0064%1h143.91−0.043%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.99+0.015%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.97−0.001%$72K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.96−0.012%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.59+0.429%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.870%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.86−0.077%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.02+0.033%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0088%8h143.96−0.008%$17.2M$63.4M50xas long as short
MEXC AAVE_USDT+0.0092%8h143.99+0.013%$26.3M$23.4M200xas long as short
Binance AAVEUSDT+0.0093%8h143.98+0.006%$64.9M$180.9M75xas long as short
Lighter AAVE+0.0096%1h144.20+0.156%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.93−0.031%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.94−0.019%$801K$409K10xas long as short
Hyperliquid AAVE+0.0100%1h144.08+0.075%$78.0M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.00+0.016%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.93−0.030%$328K$433K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.98+0.006%$61.6M$63.8M75xas long as short
Arcus AAVE-USD+0.0100%1h143.93−0.029%$44K$181K10xas long as short
Bulk AAVE-USD+0.0100%1h144.04+0.051%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.97−0.001%$7.8M$15.0M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.01+0.027%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.95−0.015%$29.9M$17.1M75xas long as short
BingX AAVE-USDC+0.0100%8h143.98+0.006%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.04+0.047%$322K$716K10xas long as short
Variational Omni AAVE+0.0100%8h144.60+0.437%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.85−0.086%$104K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.82−0.105%$451K$3.8M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.92−0.036%$125K$419K10xas long as short
SunX AAVE-USDT+0.0100%8h143.90−0.047%$1K$1.2M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.06+0.061%$5K$291K10xas long as short
HTX AAVE-USDT+0.0100%8h144.27+0.209%$698K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.96−0.008%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.93−0.028%$917K$1.7M50xas long as short
Aevo AAVE-PERPshort+0.0104%1h144.06+0.065%$122K$14610x
RISEx AAVE/USDClong+0.0195%1h143.97long leg$199K$228K10x
GMX AAVE/USD [AAVE-USDC]L +0.0259% / S −0.0410%1h143.93−0.032%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h144.14+0.115%$3.5M$2.0M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.56+0.409%$777K$2.8M50xas long as short