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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment $0.18 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against RISEx+0.016%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.037%+$4 on $10k
Price spread, last 4 days (all we have)+0.760%+$76 · spread now +0.016%, 7d avg +0.042%
Together, before fees+0.796%+$80 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.026% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx AAVE/USDC141.350.0245pay 0.0031% / 1h14m 01s$190K$292K10x
ShortPolymarket Perps AAVE-USD141.370.0100get 0.0013% / 1h14m 01s$134K$484K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$30.5
Price spread: +0.016% → +0.042%
−$2.57
Slippage, 4 orders
−$8.45
Fee RISEx: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$55.52
Costs to cover
0.225%
Break-even
never at this rate
Slippage from RISEx: live order book, 24 min ago; Polymarket Perps: live order book, 23 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, 24 min ago1.06 bp4.1 bp −$48.9 bp −$89doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 23 min ago2.12 bp8.2 bp −$89.1 bp −$91doesn'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%1h141.16−0.131%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.32−0.019%$46K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.43+0.058%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.41+0.046%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.104%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.08−0.193%20xas long as short
Orderly PERP_AAVE_USDC+0.0083%8h141.40+0.037%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.59+0.171%$4.5M$2.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.25−0.066%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h141.33−0.011%$827K$399K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid AAVE+0.0100%1h141.63+0.200%$77.3M$37.2M10xas long as short
Aster AAVEUSDT+0.0100%8h141.50+0.108%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.28−0.051%$329K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.49+0.099%$63.5M$192.3M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.42+0.051%$60.8M$69.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.40+0.037%$16.7M$64.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.40+0.037%$91K$221K10xas long as short
Gate AAVE_USDT+0.0100%8h141.49+0.101%$8.1M$16.6M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.41+0.044%$22.5M$24.4M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.40+0.037%$10.3M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.46+0.080%$28.7M$18.0M75xas long as short
BingX AAVE-USDT+0.0100%8h141.37+0.016%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h141.16−0.130%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.14−0.145%$108K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.19−0.109%$445K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.19−0.111%$131K$220K50xas long as short
Polymarket Perps AAVE-USDshort+0.0100%1h141.37+0.016%$134K$484K10x
SunX AAVE-USDT+0.0100%8h141.36+0.006%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.40+0.037%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h141.49+0.101%$668K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.41+0.044%$3.9M$3.6M50xas long as short
Bulk AAVE-USD+0.0100%1h141.18−0.119%$163K$106K10xas long as short
Extended AAVE-USD+0.0104%1h141.35−0.001%$909K$1.8M50xas long as short
01 Exchange AAVEUSD+0.0104%1h141.35+0.002%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h141.42+0.052%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h141.19−0.111%$5K$98K10xas long as short
BloFin AAVE-USDT+0.0220%8h141.17−0.126%$3.2M$3.5M100xas long as short
RISEx AAVE/USDClong+0.0245%1h141.35long leg$190K$292K10x
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h141.18−0.119%$110K100xas long as short
Backpack AAVE_USDC_PERP+0.0254%1h141.61+0.186%$385K$732K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h141.41+0.044%$752K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0271%1h141.48+0.095%$3.4M$2.1M50xas long as short