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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against Bybit+0.014%7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AAVEUSDT142.870.0100pay 0.0100% / 8h3h 12m$61.4M$67.7M75x
ShortOrderly PERP_AAVE_USDC142.890.0057get 0.0057% / 8h3h 12m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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
−$8.95
Price spread: +0.014% → 0.000%
$1.4
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.55
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago0.35 bp9.0 bp −$915.8 bp −$15861.5 bp −$6,148doesn'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
dYdX AAVE-USD0.0000%1h142.93+0.041%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.94+0.049%$51K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.90+0.021%$218K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.95+0.055%$80K150xas long as short
Nado AAVE-PERP+0.0033%1h142.94+0.049%$833K$398K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.137%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h143.19+0.224%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.91+0.026%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0057%8h142.89+0.014%$18K$10K10x
Phemex AAVEUSDT+0.0063%8h142.92+0.035%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSD+0.0096%1h142.98+0.077%$10K$2K5xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.99+0.081%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.93+0.042%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.00+0.094%$327K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.85−0.014%$63.8M$188.1M75xas long as short
Bybit AAVEUSDTlong+0.0100%8h142.87long leg$61.4M$67.7M75x
OKX AAVE-USDT-SWAP+0.0100%8h142.85−0.014%$17.1M$64.4M50xas long as short
Arcus AAVE-USD+0.0100%1h143.10+0.161%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h142.57−0.211%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.83−0.028%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.93+0.042%$25.9M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.870.000%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.92+0.035%$29.3M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h142.83−0.028%$43.6Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.95+0.056%$336K$722K10xas long as short
Variational Omni AAVE+0.0100%8h142.94+0.049%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.04+0.120%$104K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.07+0.138%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.13+0.182%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.02+0.105%$132K$449K10xas long as short
SunX AAVE-USDT+0.0100%8h142.94+0.047%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.89+0.014%$5K$310K10xas long as short
HTX AAVE-USDT+0.0100%8h143.11+0.167%$684K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h142.78−0.060%$908K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.93+0.042%$121K$14610xas long as short
Hyperliquid AAVE+0.0122%1h142.97+0.072%$78.2M$37.1M10xas long as short
RISEx AAVE/USDC+0.0132%1h143.04+0.120%$185K$251K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.96+0.063%$3.3M$3.6M100xas long as short
Kraken Futures PF_AAVEUSD+0.0248%1h142.99+0.083%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.94+0.052%$112K100xas long as short
Lighter AAVE+0.0256%1h143.09+0.153%$4.5M$2.4M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h143.23+0.252%$783K$2.8M50xas long as short