Spread before costs (cost unknown: a leg has no order-book sample)+0.168%
7d average—if it closes, per $10,000$17funding while held, a day−$1.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAVEUSDT | 142.72 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $60.9M | $61.6M | 75x |
| Short | Orderly PERP_AAVE_USDC | 142.96 | 0.0059 | get 0.0059% / 8h | 7h 20m | $18K | $17K | 10x |
Bybit AAVEUSDT
Orderly PERP_AAVE_USDCPrice 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
- $16.82
- Funding while held
- −$1.24
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.43
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.24
- 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 Bybit live order book, 4 min ago | 0.35 bp | 6.7 bp −$7 | 11.9 bp −$119 | 62.3 bp −$6,235 | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapestBinance142.71+4.196%Bitget142.71+4.198%
Injective
Binance
BitgetBybit142.72+4.206%
Gate142.72+4.206%OKX142.73+4.213%Extended142.74+4.219%BingX142.74+4.220%MEXC142.76+4.235%KuCoin142.77+4.242%Reya142.92+4.349%Phemex142.94+4.366%SoDEX142.95+4.374%BloFin142.95+4.374%Paradex142.96+4.380%
Gate
OKX
Extended
BingX
MEXC
KuCoin
Reya
Phemex
SoDEX
BloFin
ParadexOrderly142.96+4.381%
Deribit142.97+4.388%Backpack142.98+4.395%01 Exchange142.99+4.403%SunX142.99+4.405%Aevo143.00+4.406%RISEx143.01+4.415%Arcus143.01+4.417%Polymarket Perps143.01+4.417%GMX143.01+4.420%Aster143.02+4.425%Nado143.03+4.432%gTrade (Gains Network)143.03+4.436%Hyperliquid143.04+4.439%Kraken Futures143.05+4.447%Kalshi143.06+4.454%Pacifica143.11+4.492%dYdX143.16+4.530%Lighter143.17+4.533%HTX143.19+4.546%edgeX143.25+4.590%Coinbase International143.25+4.593%Phoenix143.27+4.607%ApeX Omni143.30+4.629%Variational Omni143.40+4.700%Bulk143.55+4.810%
Deribit
Backpack
SunX
Aevo
RISEx
Arcus
Polymarket Perps
GMX
Aster
Nado
gTrade (Gains Network)
Hyperliquid
Kraken Futures
Pacifica
dYdX
Lighter
HTX
Coinbase International
Phoenix
ApeX Omni
Variational Omni
BulkAAVE on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −4.036% | +0.0033% | 1h | $422 | $145K | 12x | as long as short |
| Binance AAVEUSDT | −0.009% | +0.0091% | 8h | $64.5M | $173.9M | 75x | as long as short |
| Bitget AAVEUSDT | −0.007% | +0.0100% | 8h | $29.4M | $16.2M | 75x | as long as short |
| Bybit AAVEUSDTlong | 0.000% | +0.0100% | 8h | $60.9M | $61.6M | 75x | |
| Gate AAVE_USDT | 0.000% | +0.0100% | 8h | $7.6M | $13.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.007% | +0.0067% | 8h | $17.9M | $62.4M | 50x | as long as short |
| Extended AAVE-USD | +0.013% | +0.0104% | 1h | $990K | $1.5M | 50x | as long as short |
| BingX AAVE-USDT | +0.014% | +0.0100% | 8h | — | $43.0M | — | as long as short |
| MEXC AAVE_USDT | +0.028% | +0.0090% | 8h | $23.2M | $24.4M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.035% | +0.0100% | 8h | $10.1M | $8.3M | 75x | as long as short |