Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against Orderly+0.069%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Binance is 0.069% dearer against Orderly than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AAVE_USDC | 144.98 | 0.0049 | pay 0.0049% / 8h | 1h 19m | $18K | $12K | 10x |
| Short | Binance AAVEUSDT | 145.08 | 0.0037 | get 0.0037% / 8h | 1h 19m | $66.1M | $185.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$2.67
- Price spread: +0.069% → 0.000%
- $6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.78
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 8 min ago. 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 Binance live order book, 8 min ago | 0.35 bp | 8.7 bp −$9 | 17.4 bp −$174 | 48.5 bp −$4,851 | 163.6 bp −$81.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0144% | 1h | 145.15 | +0.117% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0045% | 1h | 145.03 | +0.034% | $5K | $100K | 10x | as long as short |
| SoDEX AAVE-USD | −0.0040% | 1h | 145.01 | +0.021% | $5K | $298K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0026% | 1h | 145.03 | +0.034% | $255K | $465K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.18 | +0.138% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.21 | +0.159% | $68K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.14 | +0.112% | $70K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.532% | $422 | $51K | 12x | as long as short |
| MEXC AAVE_USDT | +0.0036% | 8h | 145.09 | +0.076% | $30.8M | $25.9M | 200x | as long as short |
| Binance AAVEUSDTshort | +0.0037% | 8h | 145.08 | +0.069% | $66.1M | $185.5M | 75x |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.09 | +0.073% | — | — | 20x | as long as short |
| RISEx AAVE/USDC | +0.0046% | 1h | 145.20 | +0.150% | $181K | $244K | 10x | as long as short |
| Orderly PERP_AAVE_USDClong | +0.0049% | 8h | 144.98 | long leg | $18K | $12K | 10x | |
| OKX AAVE-USDT-SWAP | +0.0053% | 8h | 145.09 | +0.076% | $17.6M | $66.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0054% | 1h | 145.17 | +0.128% | $3.5M | $2.1M | 50x | as long as short |
| Gate AAVE_USDT | +0.0064% | 8h | 145.11 | +0.090% | $7.8M | $15.9M | 75x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 145.02 | +0.024% | $122K | $146 | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0094% | 8h | 144.79 | −0.134% | $457K | $3.8M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.26 | +0.191% | $4.7M | $1.6M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.13 | +0.104% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.13 | +0.100% | $803K | $436K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.20 | +0.152% | $79.8M | $33.7M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.16 | +0.124% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.14 | +0.112% | $331K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.08 | +0.069% | $61.6M | $65.8M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.16 | +0.124% | $50K | $273K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.07 | +0.065% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.10 | +0.083% | $9.9M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.12 | +0.097% | $30.3M | $18.3M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 145.09 | +0.076% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.17 | +0.131% | $347K | $727K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.06 | +0.053% | $3.8M | $1.4M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.72 | −0.180% | $103K | $315K | 20x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 144.77 | −0.145% | $135K | $229K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.18 | +0.138% | $127K | $467K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.07 | +0.064% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.25 | +0.186% | $696K | $5.0M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.13 | +0.103% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.06 | +0.056% | $931K | $1.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0145% | 8h | 145.11 | +0.090% | $3.5M | $4.0M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0267% / S −0.0438% | 1h | 145.14 | +0.109% | $125K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0272% | 1h | 145.06 | +0.055% | $787K | $3.0M | 50x | as long as short |
Binance AAVEUSDT
01 Exchange AAVEUSD
Phoenix AAVE
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
MEXC AAVE_USDT
RISEx AAVE/USDC
OKX AAVE-USDT-SWAP
Kraken Futures PF_AAVEUSD
Gate AAVE_USDT
GRVT AAVE_USDT_Perp
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
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