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−0.0055%/8h= −6.0% APRnext payment $0.55 per $10,000 · paid last 24h −0.022%
Price spread now: Orderly against SunX−0.029%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.029% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAVE-USDT143.790.0100pay 0.0100% / 8h5h 13m$1K$1.3M20x
ShortOrderly PERP_AAVE_USDC143.750.0045get 0.0045% / 8h5h 13m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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
−$11.51
Price spread: −0.029% → 0.000%
−$2.85
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$28.36
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago44.90 bp64.7 bp −$65doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.3088%1h143.30−0.341%$227K$389K50xas long as short
01 Exchange AAVEUSD−0.0048%1h143.84+0.034%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h143.86+0.046%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.81+0.013%$59K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.87+0.055%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.751%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.84+0.031%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0045%8h143.75−0.029%$18K$10K10x
Nado AAVE-PERP+0.0054%1h143.88+0.062%$831K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.07+0.194%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.91+0.086%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.89+0.067%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.82+0.020%$77.8M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h143.86+0.048%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.90+0.077%$328K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.68−0.077%$64.3M$182.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.70−0.063%$61.3M$64.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.69−0.070%$17.2M$63.3M50xas long as short
Arcus AAVE-USD+0.0100%1h143.88+0.062%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h144.07+0.197%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.76−0.022%$7.9M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.76−0.022%$26.0M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.77−0.015%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.69−0.070%$30.1M$17.4M75xas long as short
BingX AAVE-USDC+0.0100%8h143.74−0.035%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.81+0.013%$321K$691K10xas long as short
Variational Omni AAVE+0.0100%8h144.28+0.338%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.34+0.384%$104K$279K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.39+0.417%$461K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.40+0.424%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.90+0.076%$128K$422K10xas long as short
SunX AAVE-USDTlong+0.0100%8h143.79long leg$1K$1.3M20x
SoDEX AAVE-USD+0.0100%1h143.73−0.042%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h144.01+0.152%$694K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.77−0.015%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.64−0.103%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.77−0.012%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.91+0.083%$186K$236K10xas long as short
BloFin AAVE-USDT+0.0220%8h143.85+0.041%$3.4M$3.5M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.84+0.035%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h143.84+0.031%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h144.02+0.159%$783K$2.8M50xas long as short