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+0.0020%/8h= +2.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.022%
Price spread now: SunX against Orderly−0.011%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_USDC142.020.0080pay 0.0080% / 8h1h 01m$18K$7K10x
ShortSunX AAVE-USDT142.000.0100get 0.0100% / 8h1h 01m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$4.11
Price spread: −0.011% → 0.000%
−$1.13
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$11.02
Costs to cover
0.140%
Break-even
25.8 days
Slippage unknown: Orderly: no order-book sample; SunX: 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 SunX live order book, 2 min ago44.92 bp65.9 bp −$66doesn't fitdoesn'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
dYdX AAVE-USD0.0000%1h141.90−0.087%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.01−0.007%$51K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.020.000%$215K$398K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.05+0.023%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.563%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.98−0.030%20xas long as short
Nado AAVE-PERP+0.0070%1h141.90−0.084%$826K$396K10xas long as short
Orderly PERP_AAVE_USDClong+0.0080%8h142.02long leg$18K$7K10x
Phoenix AAVE+0.0089%1h142.50+0.338%$4K$108K10xas long as short
Lighter AAVE+0.0096%1h142.09+0.049%$4.5M$2.5M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h141.90−0.086%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h141.95−0.049%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.94−0.054%$324K$384K10xas long as short
Binance AAVEUSDT+0.0100%8h141.91−0.080%$63.8M$188.7M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.88−0.099%$61.3M$67.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.88−0.099%$16.9M$63.9M50xas long as short
Arcus AAVE-USD+0.0100%1h142.00−0.014%$63K$197K10xas long as short
Bulk AAVE-USD+0.0100%1h142.35+0.232%$161K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h141.92−0.070%$8.0M$16.0M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.93−0.063%$24.3M$24.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.95−0.049%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.89−0.092%$29.0M$17.9M75xas long as short
BingX AAVE-USDC+0.0100%8h141.91−0.077%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h142.26+0.169%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.99−0.020%$107K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.03+0.007%$443K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.08+0.042%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.07+0.035%$141K$470K10xas long as short
SunX AAVE-USDTshort+0.0100%8h142.00−0.011%$2K$1.3M20x
SoDEX AAVE-USD+0.0100%1h141.92−0.070%$5K$285K10xas long as short
HTX AAVE-USDT+0.0100%8h142.49+0.327%$674K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.95−0.049%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h141.85−0.123%$905K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.05+0.024%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0112%1h141.94−0.056%$10K$2K5xas long as short
Hyperliquid AAVE+0.0156%1h142.08+0.042%$77.7M$36.9M10xas long as short
Backpack AAVE_USDC_PERP+0.0167%1h142.020.000%$390K$727K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.03+0.007%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.05+0.022%$111K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.08+0.045%$188K$270K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.29+0.190%$755K$2.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0317%1h142.03+0.007%$3.4M$2.1M50xas long as short