Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.011%
Price spread now: Bitget against Orderly+0.219%53s7-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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.219% dearer against Orderly than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC141.260.0085pay 0.0085% / 8h7h 51m$17K$8K10x
ShortBitget AAVEUSDT141.570.0100get 0.0100% / 8h7h 51m$28.8M$18.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$3.08
Price spread: +0.219% → 0.000%
$21.95
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
$7.03
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; Bitget: 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 Bitget live order book, 2 min ago0.35 bp12.2 bp −$1219.4 bp −$19435.4 bp −$3,542doesn'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−0.0033%1h141.29+0.021%$213K$392K50xas long as short
dYdX AAVE-USD0.0000%1h141.41+0.107%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.27+0.007%$46K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.28+0.015%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.044%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.53+0.193%20xas long as short
Orderly PERP_AAVE_USDClong+0.0085%8h141.26long leg$17K$8K10x
Phemex AAVEUSDT+0.0089%8h141.38+0.085%$3.9M$3.6M50xas long as short
Phoenix AAVE+0.0096%1h141.40+0.099%$4K$99K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.39+0.091%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.48+0.156%$827K$400K10xas long as short
Hyperliquid AAVE+0.0100%1h141.71+0.321%$77.4M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.56+0.215%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.43+0.119%$329K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.57+0.219%$63.6M$192.4M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.54+0.198%$61.0M$69.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.58+0.227%$16.6M$64.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.63+0.262%$92K$221K10xas long as short
Bulk AAVE-USD+0.0100%1h141.56+0.215%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.38+0.085%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.57+0.219%$22.9M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.46+0.142%$10.2M$9.6M75xas long as short
Bitget AAVEUSDTshort+0.0100%8h141.57+0.219%$28.8M$18.0M75x
BingX AAVE-USDT+0.0100%8h141.49+0.163%$43.5Mas long as short
Variational Omni AAVE+0.0100%8h141.23−0.020%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.24−0.011%$109K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.30+0.026%$452K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.25−0.007%$131K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.62+0.255%$134K$484K10xas long as short
SunX AAVE-USDT+0.0100%8h141.43+0.123%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.21−0.035%$5K$298K10xas long as short
HTX AAVE-USDT+0.0100%8h141.38+0.082%$666K$5.3M75xas long as short
Extended AAVE-USD+0.0104%1h141.47+0.152%$909K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.30+0.029%$119K$14610xas long as short
01 Exchange AAVEUSD+0.0112%1h141.62+0.255%$10K$2K5xas long as short
Lighter AAVE+0.0200%1h141.61+0.251%$4.5M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0203%1h141.47+0.149%$385K$732K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h141.46+0.142%$753K$2.7M50xas long as short
BloFin AAVE-USDT+0.0220%8h141.35+0.064%$3.3M$3.5M100xas long as short
RISEx AAVE/USDC+0.0223%1h141.58+0.229%$178K$296K10xas long as short
Kraken Futures PF_AAVEUSD+0.0249%1h141.32+0.045%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h141.33+0.053%$110K100xas long as short