Settings8H · net · $10k
Funding arb · Price arb /

AAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.007%
Price spread now: Orderly against dYdX−0.150%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
Funding pays, the price is against you. Orderly is 0.150% cheaper against dYdX than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX AAVE-USD145.640get 0.0000% / 1h55m 06s$104K$5K10x
ShortOrderly PERP_AAVE_USDC145.420.0051get 0.0051% / 8h7h 55m$18K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against dYdX. 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
$10.79
Price spread: −0.150% → 0.000%
−$14.98
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$20.19
Costs to cover
0.160%
Break-even
20.1 days
Slippage unknown: dYdX: live order book, 19 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 dYdX live order book, 19 min ago67.60 bp73.3 bp −$7373.3 bp −$73375.0 bp −$7,50383.4 bp −$41.7K
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
ApeX Omni AAVEUSDT−0.0529%1h145.50−0.095%$135K$229K50xas long as short
Kraken Futures PF_AAVEUSD−0.0185%1h145.58−0.040%$3.5M$2.1M50xas long as short
Phemex AAVEUSDT−0.0170%8h145.61−0.019%$4.1M$3.8M50xas long as short
Gate AAVE_USDT−0.0109%8h145.53−0.074%$7.8M$15.2M75xas long as short
01 Exchange AAVEUSD−0.0104%1h145.32−0.218%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.45−0.129%$254K$391K50xas long as short
Bybit AAVEUSDT−0.0046%8h145.51−0.088%$62.1M$66.1M75xas long as short
Phoenix AAVE−0.0027%1h145.79+0.104%$5K$102K10xas long as short
GRVT AAVE_USDT_Perp−0.0027%8h145.42−0.149%$456K$3.9M10xas long as short
SoDEX AAVE-USD−0.0025%1h145.45−0.129%$5K$305K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX AAVE-USDlong0.0000%1h145.64long leg$104K$5K10x
Kalshi KXAAVEPERP0.0000%8h145.72+0.056%$77K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.49−0.105%$70K150xas long as short
MEXC AAVE_USDT+0.0025%8h145.51−0.088%$29.3M$25.6M200xas long as short
Binance AAVEUSDT+0.0026%8h145.55−0.061%$66.1M$187.7M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.959%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.37−0.181%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0051%8h145.42−0.150%$18K$12K10x
OKX AAVE-USDT-SWAP+0.0065%8h145.55−0.061%$17.8M$67.2M50xas long as short
Aevo AAVE-PERP+0.0088%1h145.69+0.034%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.66+0.018%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.46−0.121%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.38−0.177%$795K$449K10xas long as short
Hyperliquid AAVE+0.0100%1h145.66+0.015%$79.5M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h145.54−0.067%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.62−0.014%$332K$504K10xas long as short
Arcus AAVE-USD+0.0100%1h145.43−0.143%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.52−0.078%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.45−0.129%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.49−0.102%$30.2M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h145.52−0.081%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.63−0.006%$348K$744K10xas long as short
Variational Omni AAVE+0.0100%8h145.84+0.135%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.42−0.149%$105K$316K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.47−0.115%$127K$454K10xas long as short
SunX AAVE-USDT+0.0100%8h145.41−0.159%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.53−0.071%$685K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h145.38−0.179%$934K$1.7M50xas long as short
BloFin AAVE-USDT+0.0105%8h145.45−0.129%$3.5M$4.1M100xas long as short
RISEx AAVE/USDC+0.0107%1h145.45−0.127%$184K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.48−0.110%$127K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h145.64+0.001%$780K$3.1M50xas long as short