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+0.0048%/8h= +5.3% APRnext payment +$0.48 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Orderly+0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC145.940.0052pay 0.0052% / 8h0m 57s$18K$12K10x
ShortKuCoin AAVEUSDTM145.950.0100get 0.0100% / 8h0m 57s$10.0M$8.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.13
Price spread: +0.007% → 0.000%
$0.69
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.18
Costs to cover
0.180%
Break-even
12.0 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago1.03 bp14.1 bp −$1431.0 bp −$310doesn't fitdoesn'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
SoDEX AAVE-USD−0.0124%1h145.97+0.021%$5K$305K10xas long as short
01 Exchange AAVEUSD−0.0056%1h145.91−0.021%$11K$2K5xas long as short
Phoenix AAVE−0.0027%1h145.80−0.096%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h145.96+0.015%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.04+0.069%$78K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h146.01+0.048%$255K$391K50xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.10+0.111%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.97+0.017%$71K150xas long as short
MEXC AAVE_USDT+0.0027%8h145.93−0.007%$29.6M$26.2M200xas long as short
Binance AAVEUSDT+0.0028%8h145.93−0.005%$66.3M$187.9M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AAVE/USDC PERP+0.0033%1h136.96−6.153%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.90−0.028%20xas long as short
Orderly PERP_AAVE_USDClong+0.0052%8h145.94long leg$18K$12K10x
OKX AAVE-USDT-SWAP+0.0067%8h145.92−0.014%$17.9M$67.8M50xas long as short
Gate AAVE_USDT+0.0074%8h145.940.000%$7.9M$16.0M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.99+0.031%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.16+0.153%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.89−0.033%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.89−0.034%$801K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h146.09+0.102%$80.3M$35.0M10xas long as short
Aster AAVEUSDT+0.0100%8h146.00+0.044%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.92−0.012%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.95+0.007%$62.3M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h145.91−0.021%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.59−0.242%$61K$36010xas long as short
KuCoin AAVEUSDTMshort+0.0100%8h145.95+0.007%$10.0M$8.7M75x
Bitget AAVEUSDT+0.0100%8h145.90−0.027%$30.3M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.940.000%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.08+0.096%$349K$745K10xas long as short
Variational Omni AAVE+0.0100%8h145.88−0.044%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.72−0.148%$105K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.40−0.369%$454K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.82−0.082%$136K$230K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.98+0.027%$128K$455K10xas long as short
SunX AAVE-USDT+0.0100%8h145.88−0.038%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.02+0.053%$692K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.97+0.021%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.89−0.037%$934K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h145.96+0.011%$185K$247K10xas long as short
BloFin AAVE-USDT+0.0111%8h145.90−0.027%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.97+0.019%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h145.81−0.089%$794K$3.0M50xas long as short