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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0079%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against 01 Exchange−4.942%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.942% cheaper against 01 Exchange than usual: you would sell low and buy high (−$494 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange AAVEUSD144.080.0112pay 0.0014% / 1h52m 40s$11K$2K5x
ShortInjective AAVE/USDC PERP136.960.0033get 0.0004% / 1h52m 40s$422$51K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against 01 Exchange. 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
−$16.52
Price spread: −4.942% → 0.000%
−$494.17
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$517.71
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Injective: no order-book sample. 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 01 Exchange no order-book sample
Sell Injective no order-book sample
01 Exchange and Injective: 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
dYdX AAVE-USD0.0000%1h143.99−0.061%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.78−0.208%$54K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.080.000%$220K$402K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.04−0.030%$81K150xas long as short
Phemex AAVEUSDT+0.0032%8h143.95−0.090%$4.0M$3.7M50xas long as short
Injective AAVE/USDC PERPshort+0.0033%1h136.96−4.942%$422$51K12x
Phoenix AAVE+0.0033%1h143.71−0.257%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h143.96−0.086%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.05−0.021%$18K$10K10xas long as short
Nado AAVE-PERP+0.0053%1h143.95−0.090%$847K$398K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.07−0.003%$4.6M$2.1M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.01−0.046%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h144.03−0.038%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h143.99−0.059%$329K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h143.99−0.062%$64.4M$188.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.96−0.083%$61.9M$67.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.94−0.097%$17.2M$64.7M50xas long as short
Arcus AAVE-USD+0.0100%1h144.11+0.021%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h143.81−0.187%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.00−0.056%$8.2M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.98−0.069%$25.0M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.99−0.062%$10.6M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.91−0.118%$29.3M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h143.96−0.083%$43.7Mas long as short
Variational Omni AAVE+0.0100%8h143.38−0.486%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.71−0.259%$104K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.54−0.377%$462K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.75−0.229%$134K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.04−0.028%$127K$442K10xas long as short
SunX AAVE-USDT+0.0100%8h144.01−0.045%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.080.000%$5K$312K10xas long as short
HTX AAVE-USDT+0.0100%8h144.20+0.083%$693K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h143.93−0.107%$911K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.10+0.016%$122K$14610xas long as short
01 Exchange AAVEUSDlong+0.0112%1h144.08long leg$11K$2K5x
RISEx AAVE/USDC+0.0132%1h144.06−0.013%$186K$250K10xas long as short
Backpack AAVE_USDC_PERP+0.0183%1h144.17+0.062%$338K$720K10xas long as short
BloFin AAVE-USDT+0.0220%8h144.01−0.049%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0246%1h144.16+0.055%$3.5M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h144.04−0.025%$113K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h144.18+0.069%$791K$2.8M50xas long as short
Hyperliquid AAVE+0.0410%1h144.14+0.042%$79.3M$36.7M10xas long as short