AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.010%

Price spread now: Bitget against Orderly+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Bitget

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.034% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AAVE_USDC	145.98	0.0052	pay 0.0052% / 8h	11m 38s	$18K	$12K	10x
Short	Bitget AAVEUSDT	146.03	0.0100	get 0.0100% / 8h	11m 38s	$30.3M	$18.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee OrderlybpFee BitgetbpOrdersPrice spread, now +0.034%Rate

Funding earned: $10.05
Price spread: +0.034% → 0.000%: $3.43
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.52
Costs to cover: 0.180%
Break-even: 10.1 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.34 bp	9.4 bp −$9	13.7 bp −$137	26.1 bp −$2,605	doesn't fit

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
Deribit AAVE_USDC-PERPETUAL	−0.0161%	1h	146.01	+0.021%	$255K	$389K	50x	as long as short
SoDEX AAVE-USD	−0.0111%	1h	145.94	−0.027%	$5K	$305K	10x	as long as short
01 Exchange AAVEUSD	−0.0040%	1h	146.02	+0.027%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	146.26	+0.192%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.23	+0.173%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.16	+0.123%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.06	+0.052%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.08	+0.071%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0032%	8h	146.07	+0.064%	$66.6M	$186.7M	75x	as long as short
MEXC AAVE_USDT	+0.0033%	8h	146.15	+0.116%	$29.8M	$26.1M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.179%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.04	+0.044%	—	—	20x	as long as short
Orderly PERP_AAVE_USDClong	+0.0052%	8h	145.98	long leg	$18K	$12K	10x
OKX AAVE-USDT-SWAP	+0.0070%	8h	146.01	+0.021%	$17.9M	$67.6M	50x	as long as short
Gate AAVE_USDT	+0.0075%	8h	146.22	+0.164%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.01	+0.021%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.26	+0.189%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.10	+0.080%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.15	+0.120%	$806K	$443K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.25	+0.185%	$80.6M	$34.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.20	+0.149%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.11	+0.090%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.05	+0.048%	$62.3M	$65.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.00	+0.014%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	+0.173%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.09	+0.075%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDTshort	+0.0100%	8h	146.03	+0.034%	$30.3M	$18.2M	75x
BingX AAVE-USDC	+0.0100%	8h	146.12	+0.096%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.09	+0.075%	$347K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.36	+0.263%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.39	+0.284%	$106K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.34	+0.246%	$468K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.43	+0.308%	$136K	$230K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.13	+0.103%	$128K	$454K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.97	−0.005%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.09	+0.079%	$691K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.06	+0.055%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.21	+0.159%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.11	+0.086%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0141%	8h	146.18	+0.137%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.07	+0.062%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.59	+0.418%	$791K	$3.0M	50x	as long as short