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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h −0.005%
Price spread now: SoDEX against 01 Exchange−0.251%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 3 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 −$1 a day on $10k at the current rate, and SoDEX is 0.251% cheaper against 01 Exchange than usual: you would sell low and buy high (−$25 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 AAVEUSD143.290.0128pay 0.0016% / 1h50m 42s$10K$2K5x
ShortSoDEX AAVE-USD142.930.0100get 0.0013% / 1h50m 42s$5K$311K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$5.88
Price spread: −0.251% → 0.000%
−$25.12
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$46
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; SoDEX: live order book, 58 min ago. 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 SoDEX live order book, 58 min ago0.35 bp5.3 bp −$510.1 bp −$10199.7 bp −$9,970doesn't fit
01 Exchange: 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%1h143.07−0.152%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.98−0.216%$50K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.92−0.258%$217K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.93−0.253%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.418%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.87−0.295%20xas long as short
Nado AAVE-PERP+0.0053%1h142.81−0.335%$830K$400K10xas long as short
Orderly PERP_AAVE_USDC+0.0076%8h142.90−0.272%$18K$10K10xas long as short
Phoenix AAVE+0.0089%1h143.18−0.077%$4K$108K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.18−0.079%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAVEUSDT+0.0100%8h143.14−0.104%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.18−0.079%$327K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h143.15−0.098%$64.5M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.18−0.077%$61.6M$68.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.18−0.077%$17.1M$65.7M50xas long as short
Arcus AAVE-USD+0.0100%1h143.32+0.021%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88−0.284%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h143.18−0.077%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.14−0.105%$25.2M$23.9M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.15−0.098%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.18−0.077%$29.3M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h143.18−0.077%$43.7Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.14−0.105%$336K$725K10xas long as short
Variational Omni AAVE+0.0100%8h142.91−0.264%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.98−0.216%$107K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.97−0.225%$452K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.95−0.237%$133K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.94−0.244%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.81−0.338%$2K$1.3M20xas long as short
SoDEX AAVE-USDshort+0.0100%1h142.93−0.251%$5K$311K10x
HTX AAVE-USDT+0.0100%8h143.21−0.055%$680K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.03−0.181%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h143.17−0.086%$911K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.92−0.258%$121K$14610xas long as short
Lighter AAVE+0.0128%1h143.27−0.014%$4.5M$2.4M10xas long as short
01 Exchange AAVEUSDlong+0.0128%1h143.29long leg$10K$2K5x
BloFin AAVE-USDT+0.0220%8h142.99−0.209%$3.3M$3.6M100xas long as short
Hyperliquid AAVE+0.0241%1h143.31+0.014%$78.3M$37.2M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.92−0.257%$112K100xas long as short
RISEx AAVE/USDC+0.0256%1h143.28−0.004%$196K$262K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.94−0.244%$761K$2.9M50xas long as short
Kraken Futures PF_AAVEUSD+0.0315%1h143.02−0.186%$3.4M$2.1M50xas long as short