Funding you earn now, next payment 21:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.057%
Price spread now: Orderly against Coinbase International−0.117%54s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.117% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAVE-PERP-INTX | 145.41 | 0.0248 | pay 0.0031% / 1h | 52m 20s | $782K | $3.0M | 50x |
| Short | Orderly PERP_AAVE_USDC | 145.24 | 0.0060 | get 0.0060% / 8h | 2h 52m | $18K | $12K | 10x |
Coinbase International AAVE-PERP-INTX
Orderly PERP_AAVE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Coinbase International. 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
- −$39.56
- Price spread: −0.117% → 0.000%
- −$11.69
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$67.26
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 2 min ago | 4.81 bp | 12.3 bp −$12 | 16.9 bp −$169 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AAVE-USD | −0.0193% | 1h | 145.16 | −0.172% | $5K | $308K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0163% | 1h | 145.27 | −0.096% | $247K | $477K | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 145.11 | −0.206% | $11K | $2K | 5x | as long as short |
| ApeX Omni AAVEUSDT | −0.0108% | 1h | 145.30 | −0.076% | $135K | $229K | 50x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 145.35 | −0.041% | $4K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.31 | −0.069% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.13 | −0.193% | $63K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.34 | −0.048% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 145.32 | −0.064% | $3.5M | $2.0M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.811% | $422 | $51K | 12x | as long as short |
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
ApeX Omni AAVEUSDT
Phoenix AAVE
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.21 | −0.139% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0052% | 8h | 145.26 | −0.103% | $17.7M | $65.4M | 50x | as long as short |
| Orderly PERP_AAVE_USDCshort | +0.0060% | 8h | 145.24 | −0.117% | $18K | $12K | 10x | |
| Gate AAVE_USDT | +0.0077% | 8h | 145.20 | −0.144% | $7.8M | $15.5M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0081% | 8h | 145.22 | −0.131% | $32.3M | $26.0M | 200x | as long as short |
| Binance AAVEUSDT | +0.0081% | 8h | 145.25 | −0.110% | $66.0M | $181.0M | 75x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.33 | −0.056% | $4.7M | $1.6M | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 145.18 | −0.158% | $181K | $242K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.12 | −0.201% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.14 | −0.186% | $814K | $440K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.35 | −0.041% | $81.3M | $32.2M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.16 | −0.172% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.18 | −0.158% | $330K | $504K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.32 | −0.062% | $62.1M | $64.7M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.12 | −0.199% | $51K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.24 | +0.574% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.11 | −0.206% | $10.0M | $8.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.16 | −0.172% | $29.8M | $17.8M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 145.29 | −0.083% | — | $44.3M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.26 | −0.103% | $346K | $684K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.36 | −0.031% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.47 | +0.038% | $101K | $312K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 145.67 | +0.177% | $461K | $4.1M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.26 | −0.103% | $127K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.16 | −0.171% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.44 | +0.017% | $740K | $4.8M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.26 | −0.103% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.07 | −0.236% | $941K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 144.85 | −0.388% | $122K | $146 | 10x | as long as short |
| BloFin AAVE-USDT | +0.0202% | 8h | 145.31 | −0.069% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTXlong | +0.0248% | 1h | 145.41 | long leg | $782K | $3.0M | 50x | |
| GMX AAVE/USD [AAVE-USDC] | L +0.0266% / S −0.0438% | 1h | 145.34 | −0.046% | $125K | — | 100x | as long as short |
Reya AAVERUSDPERP
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
MEXC AAVE_USDT
Binance AAVEUSDT
Lighter AAVE
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]