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+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.011%
Price spread now: BingX against Orderly+0.125%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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.125% dearer against Orderly than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC144.200.0045pay 0.0045% / 8h5h 17m$18K$10K10x
ShortBingX AAVE-USDT144.380.0100get 0.0100% / 8h5h 17m$43.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Orderly. 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
$11.59
Price spread: +0.125% → 0.000%
$12.48
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BingX: 5 bp × 2 orders
−$10
Net
$8.07
Costs to cover
0.160%
Break-even
2.1 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 11 min ago. 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 Orderly no order-book sample
Sell BingX live order book, 11 min ago0.70 bp7.3 bp −$711.4 bp −$11422.8 bp −$2,27852.8 bp −$26.4K
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
01 Exchange AAVEUSD−0.0048%1h144.37+0.118%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h144.32+0.084%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.18−0.014%$59K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.18−0.014%$228K$389K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.21+0.006%$81K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.021%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.21+0.010%20xas long as short
Orderly PERP_AAVE_USDClong+0.0045%8h144.20long leg$18K$10K10x
Nado AAVE-PERP+0.0048%1h144.24+0.029%$833K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.46+0.180%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.56+0.248%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.37+0.116%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.48+0.194%$78.2M$35.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.39+0.134%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.40+0.141%$329K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h144.41+0.143%$64.6M$182.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h144.41+0.146%$61.6M$64.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h144.39+0.132%$17.3M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h144.40+0.139%$45K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91−0.199%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.36+0.111%$7.9M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.42+0.153%$26.2M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.42+0.153%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.41+0.146%$30.2M$17.3M75xas long as short
BingX AAVE-USDTshort+0.0100%8h144.38+0.125%$43.8M
Backpack AAVE_USDC_PERP+0.0100%1h144.41+0.146%$322K$693K10xas long as short
Variational Omni AAVE+0.0100%8h144.42+0.151%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.40+0.140%$104K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.31+0.073%$460K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.44+0.166%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.29+0.062%$128K$422K10xas long as short
SunX AAVE-USDT+0.0100%8h144.17−0.021%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.22+0.014%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.39+0.132%$695K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.31+0.076%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h144.35+0.102%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.22+0.014%$122K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h144.43+0.156%$188K$235K10xas long as short
BloFin AAVE-USDT+0.0220%8h144.43+0.160%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h144.21+0.005%$125K100xas long as short
Kraken Futures PF_AAVEUSD+0.0266%1h144.35+0.106%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.97−0.160%$783K$2.8M50xas long as short