Funding you earn now, next payment 16:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Binance−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.041% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAVEUSDT | 141.22 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $63.4M | $191.8M | 75x |
| Short | Orderly PERP_AAVE_USDC | 141.16 | 0.0088 | get 0.0088% / 8h | 7h 38m | $17K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- −$2.47
- Price spread: −0.041% → 0.000%
- −$4.11
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$22.58
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.35 bp | 7.5 bp −$8 | 13.4 bp −$134 | 57.8 bp −$5,783 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0033% | 1h | 141.21 | −0.006% | $213K | $392K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 141.10 | −0.086% | $102K | $6K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.11 | −0.076% | $52K | $1.4M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.22 | +0.001% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.015% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.17 | −0.032% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDCshort | +0.0088% | 8h | 141.16 | −0.041% | $17K | $8K | 10x | |
| 01 Exchange AAVEUSD | +0.0096% | 1h | 141.26 | +0.030% | $10K | $2K | 5x | as long as short |
| Phoenix AAVE | +0.0096% | 1h | 141.54 | +0.228% | $4K | $99K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.04 | −0.129% | $13K | $4K | 20x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AAVE-PERP | +0.0100% | 1h | 141.07 | −0.105% | $825K | $402K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 141.39 | +0.122% | $77.2M | $37.1M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.24 | +0.014% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 141.10 | −0.082% | $329K | $391K | 10x | as long as short |
| Binance AAVEUSDTlong | +0.0100% | 8h | 141.22 | long leg | $63.4M | $191.8M | 75x | |
| Bybit AAVEUSDT | +0.0100% | 8h | 141.19 | −0.020% | $60.9M | $69.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.23 | +0.009% | $16.6M | $64.9M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 141.29 | +0.051% | $94K | $224K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.17 | −0.036% | $163K | $106K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.24 | +0.016% | $8.1M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 141.23 | +0.009% | $22.8M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.25 | +0.023% | $10.2M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.27 | +0.037% | $28.7M | $17.9M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 141.23 | +0.009% | — | $6.5M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 141.16 | −0.040% | $3.7M | $1.2M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.25 | +0.019% | $109K | $282K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.42 | +0.143% | $452K | $3.5M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 141.33 | +0.079% | $131K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 141.28 | +0.044% | $134K | $474K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.19 | −0.017% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 141.20 | −0.013% | $5K | $299K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 141.44 | +0.156% | $665K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.18 | −0.027% | $3.9M | $3.6M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.16 | −0.042% | $907K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.22 | 0.000% | $119K | $146 | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0174% | 1h | 141.41 | +0.136% | $385K | $732K | 10x | as long as short |
| Lighter AAVE | +0.0184% | 1h | 141.42 | +0.142% | $4.5M | $2.5M | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0216% | 1h | 141.22 | +0.001% | $753K | $2.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.12 | −0.069% | $3.3M | $3.5M | 100x | as long as short |
| RISEx AAVE/USDC | +0.0223% | 1h | 141.23 | +0.006% | $171K | $299K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0249% | 1h | 141.30 | +0.055% | $3.4M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0360% | 1h | 141.22 | −0.001% | $110K | — | 100x | as long as short |
Binance AAVEUSDT
Deribit AAVE_USDC-PERPETUAL
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
01 Exchange AAVEUSD
Phoenix AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Backpack AAVE_USDC_PERP
Lighter AAVE
Coinbase International AAVE-PERP-INTX
BloFin AAVE-USDT
RISEx AAVE/USDC
Kraken Futures PF_AAVEUSD
GMX AAVE/USD [AAVE-USDC]