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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against RISEx−0.017%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.253% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.017%, 7d avg +0.016%
Together, before fees+0.142%+ Points / potential airdropPacifica: Active · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.033% cheaper against RISEx than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC145.810.0106pay 0.0013% / 1h25m 01s$186K$246K10x
ShortPacifica AAVE145.780.0100get 0.0013% / 1h25m 01s$333K$504K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$1.25
Price spread: −0.017% → +0.016%
−$3.33
Slippage, 4 orders
−$11.31
Fee RISEx: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.89
Costs to cover
0.253%
Break-even
never at this rate
Slippage from RISEx: live order book, 53 min ago; Pacifica: live order book, 54 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, 53 min ago1.31 bp4.3 bp −$47.8 bp −$78doesn't fitdoesn't fit
Sell Pacifica live order book, 54 min ago2.41 bp7.2 bp −$7doesn't fitdoesn'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
SoDEX AAVE-USD−0.0058%1h145.82+0.008%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h145.94+0.090%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h145.81+0.001%$255K$394K50xas long as short
01 Exchange AAVEUSD−0.0008%1h145.76−0.033%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h145.77−0.026%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.79−0.013%$83K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.90+0.064%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.84+0.022%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.068%$422$51K12xas long as short
MEXC AAVE_USDT+0.0041%8h145.81+0.001%$30.0M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0041%8h145.75−0.042%$66.4M$186.2M75xas long as short
Reya AAVERUSDPERP+0.0044%1h145.76−0.031%20xas long as short
Orderly PERP_AAVE_USDC+0.0053%8h145.79−0.013%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h145.68−0.088%$17.9M$67.6M50xas long as short
Gate AAVE_USDT+0.0075%8h145.77−0.026%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.82+0.010%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.03+0.149%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.75−0.039%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.72−0.064%$802K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h145.91+0.070%$80.5M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h145.87+0.043%$1.3M$1.2M50xas long as short
Pacifica AAVEshort+0.0100%1h145.78−0.017%$333K$504K10x
Bybit AAVEUSDT+0.0100%8h145.74−0.047%$62.1M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.75−0.040%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.07+0.179%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.79−0.013%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.79−0.013%$30.4M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.76−0.033%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.87+0.042%$347K$745K10xas long as short
Variational Omni AAVE+0.0100%8h146.07+0.178%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.08+0.185%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.03+0.154%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.07+0.179%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.82+0.008%$127K$456K10xas long as short
SunX AAVE-USDT+0.0100%8h145.81+0.004%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.13+0.220%$691K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.79−0.013%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.77−0.028%$935K$1.7M50xas long as short
RISEx AAVE/USDClong+0.0106%1h145.81long leg$186K$246K10x
BloFin AAVE-USDT+0.0161%8h145.77−0.026%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.83+0.015%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.01+0.138%$786K$3.0M50xas long as short