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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Orderly−0.007%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC148.140.0065pay 0.0065% / 8h3h 31m$19K$12K10x
ShortKuCoin AAVEUSDTM148.130.0100get 0.0100% / 8h3h 31m$10.4M$8.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$7.39
Price spread: −0.007% → 0.000%
−$0.68
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.29
Costs to cover
0.180%
Break-even
17.7 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago2.38 bp10.9 bp −$1128.3 bp −$283doesn't fitdoesn'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
SoDEX AAVE-USD−0.0095%1h148.12−0.014%$5K$299K10xas long as short
Kraken Futures PF_AAVEUSD−0.0060%1h148.25+0.072%$3.5M$2.0M50xas long as short
Phoenix AAVE−0.0039%1h147.49−0.439%$4K$95K10xas long as short
dYdX AAVE-USD0.0000%1h147.93−0.140%$106K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h148.03−0.074%$78K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h148.17+0.020%$215K$379K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h148.19+0.034%$72K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−7.547%$422$51K12xas long as short
OKX AAVE-USDT-SWAP+0.0035%8h148.15+0.007%$18.5M$66.3M50xas long as short
Reya AAVERUSDPERP+0.0044%1h148.13−0.004%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0059%1h148.00−0.095%$834K$437K10xas long as short
Orderly PERP_AAVE_USDClong+0.0065%8h148.14long leg$19K$12K10x
MEXC AAVE_USDT+0.0085%8h148.13−0.007%$33.3M$25.1M200xas long as short
Binance AAVEUSDT+0.0086%8h148.14+0.002%$67.2M$176.6M75xas long as short
01 Exchange AAVEUSD+0.0088%1h148.16+0.014%$11K$2K5xas long as short
RISEx AAVE/USDC+0.0090%1h148.09−0.032%$187K$241K10xas long as short
Variational Omni AAVE+0.0091%8h147.15−0.670%$3.8M$1.3Mas long as short
Lighter AAVE+0.0096%1h148.36+0.146%$4.8M$1.7M10xas long as short
GRVT AAVE_USDT_Perp+0.0098%8h147.38−0.513%$464K$3.9M10xas long as short
Bulk AAVE-USD+0.0100%1h147.72−0.284%$62K$3K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h147.87−0.179%$14K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h148.22+0.054%$1.4M$1.1M50xas long as short
Pacifica AAVE+0.0100%1h147.93−0.143%$346K$484K10xas long as short
Bybit AAVEUSDT+0.0100%8h148.16+0.014%$62.7M$63.2M75xas long as short
Arcus AAVE-USD+0.0100%1h148.06−0.054%$52K$337K10xas long as short
Gate AAVE_USDT+0.0100%8h148.15+0.007%$7.9M$14.8M75xas long as short
KuCoin AAVEUSDTMshort+0.0100%8h148.13−0.007%$10.4M$8.4M75x
Bitget AAVEUSDT+0.0100%8h148.09−0.034%$30.6M$17.2M75xas long as short
BingX AAVE-USDC+0.0100%8h148.15+0.007%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h148.28+0.095%$351K$595K10xas long as short
edgeX AAVEUSDC+0.0100%4h147.36−0.530%$100K$311K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h147.30−0.567%$137K$235K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h148.20+0.041%$131K$466K10xas long as short
SunX AAVE-USDT+0.0100%8h148.09−0.031%$1K$1.2M20xas long as short
HTX AAVE-USDT+0.0100%8h148.23+0.061%$754K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h148.03−0.074%$4.2M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h148.140.000%$956K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h148.40+0.174%$125K$14610xas long as short
BloFin AAVE-USDT+0.0206%8h148.19+0.034%$3.6M$5.4M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0208%1h148.24+0.068%$803K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0451%1h148.19+0.033%$130K100xas long as short
Hyperliquid AAVE+0.0559%1h148.43+0.196%$84.9M$30.6M10xas long as short