After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.007%7d average+0.034%fees + slippage, in and out−$51spread needed0.514%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AAVEUSDT | 145.59 | 0.0097 | pay 0.0097% / 8h | 46m 18s | $61.3M | $61.0M | 75x |
| Short | Phemex AAVEUSDT | 145.58 | 0.0042 | get 0.0042% / 8h | 46m 18s | $4.1M | $3.9M | 50x |
Bybit AAVEUSDT
Phemex AAVEUSDTPrice 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
- −$0.69
- Funding while held
- −$1.64
- Slippage, 4 orders
- −$28.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$53.68
- Spread needed to break even
- 0.514%
Slippage from Bybit: live order book, 4 min ago; Phemex: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0055%
- Per $10,000 a day
- −$1.64
- 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 | 0.34 bp | 7.8 bp −$8 | 16.7 bp −$167 | 64.7 bp −$6,467 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.11 bp | 21.6 bp −$22 | 26.9 bp −$269 | doesn't fit | doesn't fit |
AAVE price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapest
Deribit142.78+4.249%Extended145.55+6.270%Bitget145.55+6.272%SoDEX145.57+6.287%SunX145.58+6.291%
Injective
Deribit
Extended
Bitget
SoDEX
SunXPhemex145.58+6.294%
Reya145.59+6.300%Binance145.59+6.301%
Reya
BinanceBybit145.59+6.301%
KuCoin145.59+6.301%BingX145.59+6.301%Nado145.59+6.301%OKX145.60+6.308%Gate145.61+6.316%Orderly145.62+6.323%MEXC145.64+6.338%Kraken Futures145.65+6.345%Aevo145.65+6.345%HTX145.65+6.346%BloFin145.66+6.352%Paradex145.66+6.355%GMX145.67+6.362%01 Exchange145.68+6.367%Bulk145.69+6.374%Kalshi145.69+6.374%gTrade (Gains Network)145.69+6.375%Aster145.70+6.378%Polymarket Perps145.70+6.381%dYdX145.70+6.383%Phoenix145.71+6.389%RISEx145.71+6.389%Coinbase International145.72+6.396%Arcus145.73+6.403%Lighter145.75+6.415%Pacifica145.76+6.422%Variational Omni145.84+6.481%Backpack145.85+6.491%Hyperliquid145.87+6.508%edgeX146.01+6.607%ApeX Omni146.08+6.659%
KuCoin
BingX
Nado
OKX
Gate
Orderly
MEXC
Kraken Futures
Aevo
HTX
BloFin
Paradex
GMX
Bulk
gTrade (Gains Network)
Aster
Polymarket Perps
dYdX
Phoenix
RISEx
Coinbase International
Arcus
Lighter
Pacifica
Variational Omni
Backpack
Hyperliquid
ApeX OmniAAVE on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −5.928% | +0.0033% | 1h | $422 | $197K | 12x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −1.930% | −1.9724% | 1h | $221K | $297K | 50x | as long as short |
| Extended AAVE-USD | −0.029% | +0.0104% | 1h | $1.0M | $1.4M | 50x | as long as short |
| Bitget AAVEUSDT | −0.027% | +0.0100% | 8h | $29.6M | $15.5M | 75x | as long as short |
| SoDEX AAVE-USD | −0.014% | −0.0176% | 1h | $5K | $285K | 10x | as long as short |
| SunX AAVE-USDT | −0.010% | +0.0100% | 8h | $1K | $1.2M | 20x | as long as short |
| Phemex AAVEUSDTshort | −0.007% | +0.0042% | 8h | $4.1M | $3.9M | 50x | |
| Reya AAVERUSDPERP | −0.001% | +0.0044% | 1h | — | — | 20x | as long as short |
| Binance AAVEUSDT | 0.000% | +0.0078% | 8h | $66.0M | $172.2M | 75x | as long as short |
| Bybit AAVEUSDTlong | 0.000% | +0.0097% | 8h | $61.3M | $61.0M | 75x |