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−0.0055%/8h= −6.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.022%
Price spread now: Orderly against SunX+0.021%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 pays, funding is against you. Orderly is 0.021% dearer against SunX than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAVE-USDT144.170.0100pay 0.0100% / 8h5h 17m$2K$1.3M20x
ShortOrderly PERP_AAVE_USDC144.200.0045get 0.0045% / 8h5h 17m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$11.59
Price spread: +0.021% → 0.000%
$2.08
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.51
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago44.90 bp64.7 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
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
01 Exchange AAVEUSD−0.0048%1h144.37+0.139%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h144.32+0.105%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.18+0.007%$59K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.18+0.007%$228K$389K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.21+0.027%$81K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.001%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.21+0.031%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0045%8h144.20+0.021%$18K$10K10x
Nado AAVE-PERP+0.0048%1h144.24+0.050%$833K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.46+0.201%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h144.56+0.269%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.37+0.137%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.48+0.215%$78.2M$35.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.39+0.155%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.40+0.161%$329K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h144.41+0.164%$64.6M$182.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h144.41+0.166%$61.6M$64.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h144.39+0.153%$17.3M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h144.40+0.160%$45K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h143.91−0.178%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h144.36+0.132%$7.9M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h144.42+0.173%$26.2M$23.6M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.42+0.173%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.41+0.166%$30.2M$17.3M75xas long as short
BingX AAVE-USDT+0.0100%8h144.38+0.146%$43.8Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.41+0.166%$322K$693K10xas long as short
Variational Omni AAVE+0.0100%8h144.42+0.172%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.40+0.161%$104K$278K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.31+0.094%$460K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.44+0.187%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.29+0.083%$128K$422K10xas long as short
SunX AAVE-USDTlong+0.0100%8h144.17long leg$2K$1.3M20x
SoDEX AAVE-USD+0.0100%1h144.22+0.035%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.39+0.153%$695K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.31+0.097%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h144.35+0.123%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.22+0.035%$122K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h144.43+0.177%$188K$235K10xas long as short
BloFin AAVE-USDT+0.0220%8h144.43+0.180%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h144.21+0.026%$125K100xas long as short
Kraken Futures PF_AAVEUSD+0.0266%1h144.35+0.127%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.97−0.139%$783K$2.8M50xas long as short