Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0112%/8h= +12.3% APRnext payment +$1.12 per $10,000 · paid last 24h +0.040%
Price spread now: BloFin against Orderly+0.027%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 +$3 a day on $10k at the current rate, and BloFin is 0.027% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC146.330.0050pay 0.0050% / 8h54m 45s$18K$12K10x
ShortBloFin AAVE-USDT146.370.0162get 0.0162% / 8h54m 45s$3.5M$4.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$23.57
Price spread: +0.027% → 0.000%
$2.73
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
$8.3
Costs to cover
0.180%
Break-even
4.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago0.34 bp8.5 bp −$916.1 bp −$16142.2 bp −$4,219doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix AAVE−0.0045%1h146.30−0.021%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0023%1h146.36+0.021%$256K$412K50xas long as short
dYdX AAVE-USD0.0000%1h146.27−0.041%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.38+0.034%$85K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.45+0.083%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.39+0.041%$71K150xas long as short
01 Exchange AAVEUSD+0.0008%1h146.43+0.068%$11K$2K5xas long as short
SoDEX AAVE-USD+0.0020%1h146.34+0.007%$5K$298K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.403%$422$51K12xas long as short
MEXC AAVE_USDT+0.0042%8h146.32−0.007%$30.6M$25.5M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0043%8h146.24−0.065%$66.6M$185.0M75xas long as short
Reya AAVERUSDPERP+0.0044%1h146.34+0.004%20xas long as short
Orderly PERP_AAVE_USDClong+0.0050%8h146.33long leg$18K$12K10x
OKX AAVE-USDT-SWAP+0.0069%8h146.20−0.089%$17.9M$67.5M50xas long as short
Gate AAVE_USDT+0.0076%8h146.35+0.014%$7.9M$15.8M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.35+0.010%$124K$14610xas long as short
Lighter AAVE+0.0096%1h146.43+0.068%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.39+0.043%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.28−0.034%$809K$438K10xas long as short
Aster AAVEUSDT+0.0100%8h146.41+0.054%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.35+0.012%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.20−0.089%$62.4M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.39+0.041%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.369%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.34+0.007%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.30−0.021%$30.6M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h146.32−0.007%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h146.32−0.010%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.12−0.143%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.17−0.109%$463K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.22−0.075%$136K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.45+0.082%$128K$466K10xas long as short
SunX AAVE-USDT+0.0100%8h146.33+0.001%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.46+0.085%$701K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.29−0.027%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.32−0.009%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.43+0.066%$186K$246K10xas long as short
BloFin AAVE-USDTshort+0.0162%8h146.37+0.027%$3.5M$4.0M100x
Hyperliquid AAVE+0.0229%1h146.52+0.130%$80.9M$34.2M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.40+0.046%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.43+0.068%$795K$3.0M50xas long as short
Backpack AAVE_USDC_PERP+0.0337%1h146.44+0.075%$354K$733K10xas long as short