Funding you earn now, next payment 02:00 UTC+0.0056%/8h= +6.2% APRpaid last 24h +0.021%
Price spread now: Bulk against Orderly+0.598%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$2 a day on $10k at the current rate, and Bulk is 0.598% dearer against Orderly than usual: you sell high and buy low: +$60 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 | Orderly PERP_AAVE_USDC | 143.70 | 0.0044 | pay 0.0044% / 8h | 6h 54m | $18K | $10K | 10x |
| Short | Bulk AAVE-USD | 144.56 | 0.0100 | get 0.0013% / 1h | 54m 43s | $58K | $2K | 10x |
Orderly PERP_AAVE_USDC
Bulk AAVE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Orderly. 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
- $11.82
- Price spread: +0.598% → 0.000%
- $59.85
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $58.67
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Bulk: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bulk no order-book sample | — | — | — | — | — |
Orderly and Bulk: 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 | −0.3855% | 1h | 143.15 | −0.383% | $249K | $362K | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0064% | 1h | 143.72 | +0.014% | $11K | $2K | 5x | as long as short |
| Kraken Futures PF_AAVEUSD | −0.0034% | 1h | 143.82 | +0.086% | $3.4M | $2.0M | 50x | as long as short |
| SoDEX AAVE-USD | −0.0031% | 1h | 143.71 | +0.007% | $5K | $302K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 143.77 | +0.050% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.83 | +0.090% | $65K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 143.78 | +0.056% | $5K | $98K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.78 | +0.054% | $70K | — | 150x | as long as short |
| MEXC AAVE_USDT | +0.0033% | 8h | 143.54 | −0.111% | $27.5M | $24.6M | 200x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.690% | $422 | $51K | 12x | as long as short |
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
Kraken Futures PF_AAVEUSD
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
gTrade (Gains Network) AAVE/USD
MEXC AAVE_USDT
Injective AAVE/USDC PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0034% | 8h | 143.68 | −0.013% | $64.9M | $185.1M | 75x | as long as short |
| Orderly PERP_AAVE_USDClong | +0.0044% | 8h | 143.70 | long leg | $18K | $10K | 10x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.69 | −0.008% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0061% | 8h | 143.50 | −0.139% | $17.4M | $65.6M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 143.71 | +0.003% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0089% | 1h | 143.47 | −0.164% | $182K | $245K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 143.88 | +0.128% | $4.6M | $1.4M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.54 | −0.114% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 143.74 | +0.028% | $794K | $427K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 143.72 | +0.014% | $78.1M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.62 | −0.053% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.68 | −0.011% | $328K | $435K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.56 | −0.097% | $61.3M | $65.2M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.47 | −0.160% | $45K | $236K | 10x | as long as short |
| Bulk AAVE-USDshort | +0.0100% | 1h | 144.56 | +0.598% | $58K | $2K | 10x | |
| Gate AAVE_USDT | +0.0100% | 8h | 143.58 | −0.084% | $7.8M | $14.9M | 75x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.73 | +0.021% | $10.8M | $9.1M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.49 | −0.146% | $29.7M | $18.1M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 143.58 | −0.084% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.76 | +0.042% | $326K | $747K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 143.57 | −0.089% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.39 | +0.483% | $104K | $316K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 144.47 | +0.536% | $454K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 144.40 | +0.487% | $134K | $231K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.75 | +0.035% | $125K | $417K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.69 | −0.008% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.03 | +0.233% | $699K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.84 | +0.097% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.47 | −0.162% | $922K | $1.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0133% | 8h | 143.64 | −0.042% | $3.4M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0235% / S −0.0366% | 1h | 143.75 | +0.038% | $129K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 144.00 | +0.209% | $771K | $2.8M | 50x | as long as short |
Binance AAVEUSDT
Reya AAVERUSDPERP
OKX AAVE-USDT-SWAP
Aevo AAVE-PERP
RISEx AAVE/USDC
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Gate AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX