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 +0.009%
Price spread now: Orderly against OKX−0.069%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 0.069% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAVE-USDT-SWAP144.260.0088pay 0.0088% / 8h6h 04m$17.3M$64.3M50x
ShortOrderly PERP_AAVE_USDC144.160.0044get 0.0044% / 8h6h 04m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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
−$9.08
Price spread: −0.069% → 0.000%
−$6.93
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$32.01
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago0.35 bp7.7 bp −$813.6 bp −$136doesn't fitdoesn'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 41 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
Kraken Futures PF_AAVEUSD−0.0034%1h144.24−0.015%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0032%1h144.07−0.132%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h144.04−0.151%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.03−0.159%$70K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.12−0.097%$245K$370K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.16−0.072%$70K150xas long as short
Phoenix AAVE+0.0006%1h143.77−0.340%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.060%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.12−0.100%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0044%8h144.16−0.069%$18K$10K10x
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0083%8h144.18−0.055%$26.6M$25.0M200xas long as short
Binance AAVEUSDT+0.0083%8h144.25−0.007%$65.0M$182.9M75xas long as short
OKX AAVE-USDT-SWAPlong+0.0088%8h144.26long leg$17.3M$64.3M50x
RISEx AAVE/USDC+0.0089%1h144.14−0.084%$200K$229K10xas long as short
Lighter AAVE+0.0096%1h144.31+0.033%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.10−0.110%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.05−0.146%$801K$415K10xas long as short
Hyperliquid AAVE+0.0100%1h144.38+0.083%$78.1M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.13−0.092%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.10−0.114%$328K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.25−0.007%$61.7M$64.3M75xas long as short
Arcus AAVE-USD+0.0100%1h144.11−0.104%$45K$181K10xas long as short
Gate AAVE_USDT+0.0100%8h144.25−0.007%$7.8M$15.2M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.14−0.083%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.24−0.014%$30.0M$17.4M75xas long as short
BingX AAVE-USDT+0.0100%8h144.25−0.007%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.17−0.062%$322K$718K10xas long as short
Variational Omni AAVE+0.0100%8h144.02−0.167%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.83−0.300%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.60−0.457%$459K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.85−0.284%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.17−0.062%$126K$421K10xas long as short
SunX AAVE-USDT+0.0100%8h144.07−0.129%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.12−0.097%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h144.41+0.103%$699K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.06−0.139%$4.1M$3.8M50xas long as short
Bulk AAVE-USD+0.0100%1h144.07−0.135%$58K$2K10xas long as short
Extended AAVE-USD+0.0104%1h144.14−0.085%$917K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.13−0.093%$122K$14610xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0395%1h144.16−0.070%$124K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.28+0.014%$775K$2.8M50xas long as short