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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAVEUSDT | 142.87 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $61.4M | $67.7M | 75x |
| Short | Orderly PERP_AAVE_USDC | 142.89 | 0.0057 | get 0.0057% / 8h | 3h 12m | $18K | $10K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 0.35 bp | 9.0 bp −$9 | 15.8 bp −$158 | 61.5 bp −$6,148 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX AAVE-USD | 0.0000% | 1h | 142.93 | +0.041% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.94 | +0.049% | $51K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.90 | +0.021% | $218K | $390K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.95 | +0.055% | $80K | — | 150x | as long as short |
| Nado AAVE-PERP | +0.0033% | 1h | 142.94 | +0.049% | $833K | $398K | 10x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.137% | $422 | $51K | 12x | as long as short |
| Phoenix AAVE | +0.0033% | 1h | 143.19 | +0.224% | $4K | $106K | 10x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.91 | +0.026% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDCshort | +0.0057% | 8h | 142.89 | +0.014% | $18K | $10K | 10x | |
| Phemex AAVEUSDT | +0.0063% | 8h | 142.92 | +0.035% | $4.0M | $3.6M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | +0.0096% | 1h | 142.98 | +0.077% | $10K | $2K | 5x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.99 | +0.081% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.93 | +0.042% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.00 | +0.094% | $327K | $446K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.85 | −0.014% | $63.8M | $188.1M | 75x | as long as short |
| Bybit AAVEUSDTlong | +0.0100% | 8h | 142.87 | long leg | $61.4M | $67.7M | 75x | |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.85 | −0.014% | $17.1M | $64.4M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.10 | +0.161% | $64K | $200K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.57 | −0.211% | $58K | −$0 | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.83 | −0.028% | $8.0M | $16.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.93 | +0.042% | $25.9M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.87 | 0.000% | $10.3M | $9.4M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.92 | +0.035% | $29.3M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 142.83 | −0.028% | — | $43.6M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.95 | +0.056% | $336K | $722K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.94 | +0.049% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.04 | +0.120% | $104K | $281K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.07 | +0.138% | $457K | $3.8M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.13 | +0.182% | $133K | $221K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.02 | +0.105% | $132K | $449K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.94 | +0.047% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.89 | +0.014% | $5K | $310K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.11 | +0.167% | $684K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.78 | −0.060% | $908K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.93 | +0.042% | $121K | $146 | 10x | as long as short |
| Hyperliquid AAVE | +0.0122% | 1h | 142.97 | +0.072% | $78.2M | $37.1M | 10x | as long as short |
| RISEx AAVE/USDC | +0.0132% | 1h | 143.04 | +0.120% | $185K | $251K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.96 | +0.063% | $3.3M | $3.6M | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0248% | 1h | 142.99 | +0.083% | $3.4M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.94 | +0.052% | $112K | — | 100x | as long as short |
| Lighter AAVE | +0.0256% | 1h | 143.09 | +0.153% | $4.5M | $2.4M | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0360% | 1h | 143.23 | +0.252% | $783K | $2.8M | 50x | as long as short |
Bybit AAVEUSDT
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Phoenix AAVE
Phemex AAVEUSDT
01 Exchange AAVEUSD
Paradex AAVE-USD-PERP
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
OKX AAVE-USDT-SWAP
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Extended AAVE-USD
Hyperliquid AAVE
RISEx AAVE/USDC
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
GMX AAVE/USD [AAVE-USDC]
Lighter AAVE
Coinbase International AAVE-PERP-INTX