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−0.0050%/8h= −5.4% APRnext payment $0.50 per $10,000 · paid last 24h −0.012%
Price spread now: Orderly against BingX−0.212%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 5 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 Orderly is 0.212% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AAVE-USDC146.020.0100pay 0.0100% / 8h58m 38s$6.5M
ShortOrderly PERP_AAVE_USDC145.710.0050get 0.0050% / 8h58m 38s$18K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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
−$10.43
Price spread: −0.212% → 0.000%
−$21.23
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$47.66
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; Orderly: 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 BingX live order book, 2 min ago0.69 bp14.9 bp −$1542.2 bp −$422230.7 bp −$23.1K564.8 bp −$282.4K
Sell Orderly no order-book sample
Orderly: 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
Deribit AAVE_USDC-PERPETUAL−0.0162%1h145.73−0.199%$255K$417K50xas long as short
Phoenix AAVE−0.0045%1h145.88−0.096%$5K$99K10xas long as short
SoDEX AAVE-USD−0.0013%1h145.73−0.199%$5K$298K10xas long as short
01 Exchange AAVEUSD−0.0008%1h145.77−0.171%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h145.99−0.018%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.83−0.130%$68K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.82−0.134%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.78−0.168%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.205%$422$51K12xas long as short
MEXC AAVE_USDT+0.0042%8h146.03+0.007%$30.6M$25.5M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0042%8h146.04+0.014%$66.6M$184.8M75xas long as short
Reya AAVERUSDPERP+0.0044%1h145.65−0.250%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0050%8h145.71−0.212%$18K$12K10x
OKX AAVE-USDT-SWAP+0.0063%8h146.020.000%$17.8M$67.3M50xas long as short
Gate AAVE_USDT+0.0071%8h145.80−0.151%$7.9M$15.7M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.65−0.250%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.18+0.112%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.04+0.016%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.74−0.192%$806K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.95−0.051%$80.4M$33.9M10xas long as short
Aster AAVEUSDT+0.0100%8h145.87−0.101%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.00−0.011%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.01−0.007%$62.3M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.04+0.014%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.158%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.020.000%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.03+0.007%$30.5M$18.2M75xas long as short
BingX AAVE-USDClong+0.0100%8h146.02long leg$6.5M
Backpack AAVE_USDC_PERP+0.0100%1h145.88−0.096%$351K$724K10xas long as short
Variational Omni AAVE+0.0100%8h145.55−0.325%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.58−0.302%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.61−0.282%$460K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.49−0.363%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.76−0.178%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h145.73−0.197%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.83−0.127%$698K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.73−0.199%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.98−0.027%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.09+0.048%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0162%8h145.72−0.205%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.77−0.171%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.08+0.041%$793K$3.0M50xas long as short