Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Aster against SunX+0.011%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1521.516% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.011%, 7d avg +0.022%

Together, before fees−0.185%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAVE-USDT	142.64	0.0100	pay 0.0100% / 8h	3h 10m	$2K	$1.3M	20x
Short	Aster AAVEUSDT	142.65	0.0100	get 0.0100% / 8h	3h 10m	$1.2M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee AsterbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.022%: −$1.09
Slippage, 4 orders: −$135.62
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$152.71
Costs to cover: 1.516%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 4 min ago	44.90 bp	65.6 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	3.15 bp	11.4 bp −$11	24.4 bp −$244	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX AAVE-USD	0.0000%	1h	142.74	+0.073%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.78	+0.100%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.61	−0.020%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.64	+0.001%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.981%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.19	+0.387%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0036%	1h	142.63	−0.006%	$831K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.58	−0.038%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0057%	8h	142.58	−0.041%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0068%	8h	142.64	+0.001%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0096%	1h	142.72	+0.057%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.58	−0.043%	$13K	$4K	20x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	142.65	+0.011%	$1.2M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	142.64	−0.001%	$326K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.67	+0.022%	$63.7M	$188.2M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.62	−0.013%	$61.3M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.63	−0.006%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.74	+0.072%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.97	+0.233%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.65	+0.008%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.63	−0.006%	$25.8M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.65	+0.008%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.61	−0.020%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.62	−0.013%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.72	+0.057%	$335K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.66	+0.014%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.93	+0.203%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.96	+0.226%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.98	+0.240%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.70	+0.043%	$132K	$450K	10x	as long as short
SunX AAVE-USDTlong	+0.0100%	8h	142.64	long leg	$2K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	142.62	−0.013%	$5K	$310K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.96	+0.223%	$683K	$5.2M	75x	as long as short
Hyperliquid AAVE	+0.0104%	1h	142.75	+0.079%	$78.0M	$37.1M	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.55	−0.064%	$908K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.64	+0.005%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.70	+0.047%	$185K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.67	+0.022%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.71	+0.048%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.62	−0.016%	$111K	—	100x	as long as short
Lighter AAVE	+0.0256%	1h	142.85	+0.147%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	142.91	+0.191%	$781K	$2.8M	50x	as long as short