After costs, if the gap returns to its 7d average, $10k−$20
spread now−0.021%7d average−0.002%fees + slippage, in and out−$18spread needed0.182%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AAVE_USDC_PERP | 143.44 | 0.0100 | pay 0.0013% / 1h | 27m 52s | $257K | $556K | 10x |
| Short | MEXC AAVE_USDT | 143.41 | 0.0087 | get 0.0087% / 8h | 7h 27m | $23.2M | $24.3M | 200x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.09
- Funding while held
- −$0.39
- Slippage, 4 orders
- −$8.22
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$20.7
- Spread needed to break even
- 0.182%
Slippage from Backpack: live order book, 17 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0013%
- Per $10,000 a day
- −$0.39
- Average in range /8h
- —
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 Backpack live order book, 17 min ago | 0.35 bp | 8.4 bp −$8 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.35 bp | 2.0 bp −$2 | 6.5 bp −$65 | 36.2 bp −$3,624 | 124.2 bp −$62.1K |
AAVE price on every exchange
against the cheapest. Click to use as the short leg.AAVE on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −4.518% | +0.0033% | 1h | $422 | $145K | 12x | as long as short |
| Bulk AAVE-USD | −0.417% | +0.0100% | 1h | $58K | $512 | 10x | as long as short |
| Variational Omni AAVE | −0.347% | +0.0041% | 8h | $3.8M | $1.4M | — | as long as short |
| ApeX Omni AAVEUSDT | −0.272% | +0.0100% | 1h | $133K | $239K | 50x | as long as short |
| edgeX AAVEUSDC | −0.263% | +0.0100% | 4h | $97K | $311K | 20x | as long as short |
| Phoenix AAVE | −0.258% | +0.0045% | 1h | $4K | $78K | 10x | as long as short |
| Kalshi KXAAVEPERP | −0.098% | 0.0000% | 8h | $52K | $1.3M | 3.4x | as long as short |
| Paradex AAVE-USD-PERP | −0.084% | +0.0100% | 8h | $13K | $4K | 20x | as long as short |
| Orderly PERP_AAVE_USDC | −0.077% | +0.0058% | 8h | $18K | $17K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $197K | $354K | 50x | as long as short |
Show all 41 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International AAVE-PERP-INTX | −0.056% | +0.0216% | 1h | $776K | $2.7M | 50x | as long as short |
| Nado AAVE-PERP | −0.042% | +0.0016% | 1h | $816K | $430K | 10x | as long as short |
| Phemex AAVEUSDT | −0.042% | +0.0100% | 8h | $4.0M | $3.9M | 50x | as long as short |
| Pacifica AAVE | −0.040% | +0.0100% | 1h | $331K | $476K | 10x | as long as short |
| SoDEX AAVE-USD | −0.035% | +0.0100% | 1h | $5K | $300K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | −0.032% | L +0.0266% / S −0.0440% | 1h | $124K | — | 100x | as long as short |
| Reya AAVERUSDPERP | −0.030% | +0.0044% | 1h | — | — | 20x | as long as short |
| SunX AAVE-USDT | −0.026% | +0.0100% | 8h | $2K | $1.2M | 20x | as long as short |
| Extended AAVE-USD | −0.025% | +0.0104% | 1h | $1.0M | $1.4M | 50x | as long as short |
| Aevo AAVE-PERP | −0.023% | +0.0104% | 1h | $121K | $146 | 10x | as long as short |
| MEXC AAVE_USDTshort | −0.021% | +0.0087% | 8h | $23.2M | $24.3M | 200x | |
| KuCoin AAVEUSDTM | −0.021% | +0.0100% | 8h | $10.1M | $8.3M | 75x | as long as short |
| Gate AAVE_USDT | −0.014% | +0.0100% | 8h | $7.7M | $13.2M | 75x | as long as short |
| gTrade (Gains Network) AAVE/USD | −0.004% | L +0.0005% / S −0.0011% | 1h | $156K | — | 150x | as long as short |
| Backpack AAVE_USDC_PERPlong | 0.000% | +0.0100% | 1h | $257K | $556K | 10x | |
| RISEx AAVE/USDC | +0.007% | +0.0102% | 1h | $199K | $256K | 10x | as long as short |
| Arcus AAVE-USD | +0.007% | +0.0100% | 1h | $58K | $405K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.010% | −0.0077% | 1h | $3.4M | $2.0M | 50x | as long as short |
| dYdX AAVE-USD | +0.014% | 0.0000% | 1h | $103K | $5K | 10x | as long as short |
| Bitget AAVEUSDT | +0.014% | +0.0100% | 8h | $29.5M | $16.3M | 75x | as long as short |
| BloFin AAVE-USDT | +0.014% | +0.0207% | 8h | $3.6M | $5.6M | 100x | as long as short |
| Aster AAVEUSDT | +0.016% | +0.0100% | 8h | $1.4M | $1.0M | 50x | as long as short |
| Binance AAVEUSDT | +0.021% | +0.0088% | 8h | $64.9M | $174.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.021% | +0.0063% | 8h | $18.0M | $63.4M | 50x | as long as short |
| 01 Exchange AAVEUSD | +0.021% | +0.0056% | 1h | $10K | $2K | 5x | as long as short |
| Polymarket Perps AAVE-USD | +0.021% | +0.0100% | 1h | $132K | $607K | 10x | as long as short |
| BingX AAVE-USDC | +0.035% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Bybit AAVEUSDT | +0.042% | +0.0100% | 8h | $61.3M | $62.2M | 75x | as long as short |
| Lighter AAVE | +0.066% | +0.0096% | 1h | $4.7M | $1.7M | 10x | as long as short |
| Hyperliquid AAVE | +0.146% | +0.0100% | 1h | $80.1M | $25.0M | 10x | as long as short |
| HTX AAVE-USDT | +0.196% | +0.0100% | 8h | $704K | $4.5M | 75x | as long as short |
Backpack AAVE_USDC_PERP
MEXC AAVE_USDT
Injective
Bulk
Variational Omni
ApeX Omni
Phoenix
Paradex
Deribit
Coinbase International
Phemex
Pacifica
SoDEX
GMX
SunX
Extended
KuCoin
Gate
gTrade (Gains Network)
RISEx
Kraken Futures
Bitget
BloFin
Aster
Binance
OKX
Polymarket Perps
BingX
Bybit
Lighter
Hyperliquid
HTX