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+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h −0.009%
Price spread now: OKX against Orderly−0.028%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. OKX is 0.028% cheaper against Orderly than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC142.690.0070pay 0.0070% / 8h2h 21m$18K$10K10x
ShortOKX AAVE-USDT-SWAP142.650.0100get 0.0100% / 8h2h 21m$17.1M$64.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$6.39
Price spread: −0.028% → 0.000%
−$2.8
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$12.41
Costs to cover
0.160%
Break-even
20.6 days
Slippage unknown: Orderly: no order-book sample; OKX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell OKX live order book, 2 min ago0.35 bp8.7 bp −$914.2 bp −$14255.4 bp −$5,544doesn'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
Deribit AAVE_USDC-PERPETUAL−0.0451%1h142.59−0.070%$217K$394K50xas long as short
dYdX AAVE-USD0.0000%1h142.79+0.072%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.46−0.161%$49K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.76+0.049%$80K150xas long as short
Nado AAVE-PERP+0.0022%1h142.86+0.123%$837K$403K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.016%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.83+0.099%20xas long as short
Orderly PERP_AAVE_USDClong+0.0070%8h142.69long leg$18K$10K10x
Paradex AAVE-USD-PERP+0.0100%8h142.81+0.082%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.99+0.210%$78.1M$37.2M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AAVEUSDT+0.0100%8h142.81+0.087%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.85+0.113%$327K$447K10xas long as short
Binance AAVEUSDT+0.0100%8h142.80+0.074%$64.1M$191.1M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.77+0.056%$61.2M$68.2M75xas long as short
OKX AAVE-USDT-SWAPshort+0.0100%8h142.65−0.028%$17.1M$64.6M50x
Arcus AAVE-USD+0.0100%1h143.00+0.217%$64K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.28−0.287%$57K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.80+0.077%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.85+0.112%$25.1M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.94+0.175%$10.3M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.67−0.014%$29.2M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h142.79+0.070%$43.6Mas long as short
Variational Omni AAVE+0.0100%8h142.03−0.461%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.15−0.378%$105K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.13−0.390%$449K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.18−0.357%$132K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.96+0.189%$141K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h142.89+0.139%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.68−0.007%$5K$313K10xas long as short
HTX AAVE-USDT+0.0100%8h142.83+0.099%$678K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.77+0.056%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h142.63−0.046%$905K$1.7M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.96+0.189%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h142.71+0.011%$121K$14610xas long as short
Phoenix AAVE+0.0118%1h142.32−0.259%$4K$106K10xas long as short
Backpack AAVE_USDC_PERP+0.0140%1h142.84+0.105%$339K$730K10xas long as short
RISEx AAVE/USDC+0.0207%1h142.96+0.191%$191K$254K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.17−0.364%$3.3M$3.5M100xas long as short
Kraken Futures PF_AAVEUSD+0.0237%1h142.77+0.055%$3.4M$2.1M50xas long as short
Lighter AAVE+0.0248%1h142.97+0.194%$4.5M$2.4M10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.75+0.039%$112K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0376%1h142.57−0.084%$760K$2.9M50xas long as short