Spread before costs (cost unknown: a leg has no order-book sample)+0.084%
7d average—if it closes, per $10,000$8funding while held, a day−$2.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk AAVE-USD | 143.42 | 0.0100 | pay 0.0013% / 1h | 13m 53s | $58K | $512 | 10x |
| Short | Phoenix AAVE | 143.54 | 0.0011 | get 0.0001% / 1h | 13m 53s | $4K | $77K | 10x |
Bulk AAVE-USD
Phoenix AAVEPrice 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
- $8.37
- Funding while held
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$8.3
- Spread needed to break even
- 0.140%
Slippage unknown: Bulk: no order-book sample; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0089%
- Per $10,000 a day
- −$2.67
- 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 Bulk no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Bulk and Phoenix: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapestedgeX143.39+4.693%
InjectiveBulk143.42+4.717%
Variational Omni143.43+4.726%OKX143.51+4.782%Bybit143.53+4.797%
Variational Omni
OKX
BybitPhoenix143.54+4.804%
Binance143.57+4.826%Extended143.58+4.832%BingX143.58+4.834%BloFin143.58+4.834%MEXC143.59+4.841%Kalshi143.59+4.841%Gate143.60+4.848%KuCoin143.64+4.877%Aster143.65+4.885%Bitget143.65+4.885%SoDEX143.69+4.914%Phemex143.69+4.914%Nado143.71+4.932%Backpack143.72+4.936%SunX143.72+4.936%Reya143.72+4.938%Orderly143.73+4.943%dYdX143.74+4.949%ApeX Omni143.74+4.950%Deribit143.75+4.958%Hyperliquid143.77+4.972%Aevo143.77+4.975%GMX143.78+4.979%Pacifica143.79+4.985%gTrade (Gains Network)143.80+4.997%01 Exchange143.81+5.001%Paradex143.83+5.016%Kraken Futures143.84+5.027%Polymarket Perps143.85+5.031%Coinbase International143.86+5.038%RISEx143.86+5.040%Arcus143.87+5.045%HTX143.87+5.046%Lighter143.89+5.059%
Binance
Extended
BingX
BloFin
MEXC
Gate
KuCoin
Aster
Bitget
SoDEX
Phemex
Nado
Backpack
SunX
Reya
Orderly
dYdX
ApeX Omni
Deribit
Hyperliquid
Aevo
GMX
Pacifica
gTrade (Gains Network)
Paradex
Kraken Futures
Polymarket Perps
Coinbase International
RISEx
Arcus
HTX
LighterAAVE on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −4.504% | +0.0033% | 1h | $422 | $197K | 12x | as long as short |
| edgeX AAVEUSDC | −0.023% | +0.0100% | 4h | $97K | $311K | 20x | as long as short |
| Bulk AAVE-USDlong | 0.000% | +0.0100% | 1h | $58K | $512 | 10x | |
| Variational Omni AAVE | +0.009% | +0.0003% | 8h | $3.8M | $1.3M | — | as long as short |
| OKX AAVE-USDT-SWAP | +0.063% | +0.0020% | 8h | $18.0M | $64.5M | 50x | as long as short |
| Bybit AAVEUSDT | +0.077% | +0.0083% | 8h | $60.6M | $61.8M | 75x | as long as short |
| Phoenix AAVEshort | +0.084% | +0.0011% | 1h | $4K | $77K | 10x | |
| Binance AAVEUSDT | +0.105% | +0.0070% | 8h | $64.9M | $175.0M | 75x | as long as short |
| Extended AAVE-USD | +0.111% | +0.0104% | 1h | $1.0M | $1.4M | 50x | as long as short |
| BingX AAVE-USDC | +0.112% | +0.0100% | 8h | — | $6.5M | — | as long as short |