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−0.0048%/8h= −5.2% APRnext payment $0.48 per $10,000 · paid last 24h −0.010%
Price spread now: Orderly against Bitget−0.055%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 0.055% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAVEUSDT146.060.0100pay 0.0100% / 8h11m 49s$30.3M$18.3M75x
ShortOrderly PERP_AAVE_USDC145.980.0052get 0.0052% / 8h11m 49s$18K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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
−$10.05
Price spread: −0.055% → 0.000%
−$5.48
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$33.53
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago0.34 bp9.6 bp −$1017.8 bp −$17842.6 bp −$4,259doesn't fit
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−0.0161%1h146.01−0.034%$255K$389K50xas long as short
SoDEX AAVE-USD−0.0111%1h145.94−0.082%$5K$305K10xas long as short
01 Exchange AAVEUSD−0.0040%1h146.02−0.027%$11K$2K5xas long as short
Phoenix AAVE−0.0027%1h146.26+0.137%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h146.19+0.090%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.16+0.068%$83K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.06−0.003%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.08+0.016%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.230%$422$51K12xas long as short
Binance AAVEUSDT+0.0034%8h146.18+0.082%$66.7M$186.7M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0035%8h146.22+0.110%$29.9M$26.1M200xas long as short
Reya AAVERUSDPERP+0.0044%1h146.04−0.011%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0052%8h145.98−0.055%$18K$12K10x
OKX AAVE-USDT-SWAP+0.0070%8h146.13+0.048%$17.9M$67.7M50xas long as short
Gate AAVE_USDT+0.0075%8h146.22+0.110%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.01−0.034%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.16+0.066%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.10+0.027%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.15+0.065%$806K$443K10xas long as short
Hyperliquid AAVE+0.0100%1h146.17+0.075%$80.6M$34.7M10xas long as short
Aster AAVEUSDT+0.0100%8h146.20+0.094%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.12+0.042%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.15+0.062%$62.3M$65.8M75xas long as short
Arcus AAVE-USD+0.0100%1h146.060.000%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.23+0.119%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.23+0.116%$10.0M$8.7M75xas long as short
Bitget AAVEUSDTlong+0.0100%8h146.06long leg$30.3M$18.3M75x
BingX AAVE-USDC+0.0100%8h146.16+0.068%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.09+0.021%$347K$744K10xas long as short
Variational Omni AAVE+0.0100%8h146.36+0.208%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.39+0.229%$106K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.34+0.191%$468K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.43+0.253%$136K$230K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.13+0.048%$128K$454K10xas long as short
SunX AAVE-USDT+0.0100%8h145.97−0.060%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.09+0.024%$691K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.060.000%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.21+0.104%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.11+0.031%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0141%8h146.18+0.082%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.07+0.007%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.59+0.363%$791K$3.0M50xas long as short