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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0175%/8h= +19.1% APRnext payment +$1.75 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Orderly+0.174%52s7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.174% dearer against Orderly than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC143.670.0045pay 0.0045% / 8h5h 09m$18K$10K10x
ShortBloFin AAVE-USDT143.920.0220get 0.0220% / 8h5h 09m$3.4M$3.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$36.66
Price spread: +0.174% → 0.000%
$17.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
$36.06
Costs to cover
0.180%
Break-even
0.1 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 min ago. 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 Orderly no order-book sample
Sell BloFin live order book, 3 min ago0.70 bp7.4 bp −$79.9 bp −$9925.3 bp −$2,530doesn't fit
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
01 Exchange AAVEUSD−0.0048%1h143.84+0.118%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0028%1h143.64−0.021%$228K$389K50xas long as short
dYdX AAVE-USD0.0000%1h143.93+0.182%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.80+0.090%$59K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.72+0.036%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.670%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.65−0.013%20xas long as short
Orderly PERP_AAVE_USDClong+0.0045%8h143.67long leg$18K$10K10x
Nado AAVE-PERP+0.0053%1h143.79+0.084%$830K$433K10xas long as short
Phoenix AAVE+0.0089%1h144.07+0.278%$5K$98K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h143.79+0.086%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.87+0.140%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h143.55−0.084%$77.6M$34.9M10xas long as short
Aster AAVEUSDT+0.0100%8h143.63−0.029%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.95+0.196%$328K$433K10xas long as short
Binance AAVEUSDT+0.0100%8h143.47−0.139%$64.2M$182.6M75xas long as short
Bybit AAVEUSDT+0.0100%8h143.50−0.118%$61.2M$64.1M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h143.44−0.160%$17.2M$63.3M50xas long as short
Arcus AAVE-USD+0.0100%1h143.87+0.139%$44K$179K10xas long as short
Bulk AAVE-USD+0.0100%1h144.07+0.281%$58K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h143.50−0.118%$7.8M$15.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h143.50−0.118%$25.9M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.62−0.035%$10.7M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.46−0.146%$30.1M$17.4M75xas long as short
BingX AAVE-USDC+0.0100%8h143.50−0.118%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h143.66−0.007%$320K$691K10xas long as short
Variational Omni AAVE+0.0100%8h143.66−0.009%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.82+0.102%$104K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.88+0.148%$451K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.90+0.160%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.87+0.139%$128K$422K10xas long as short
SunX AAVE-USDT+0.0100%8h143.84+0.118%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h143.66−0.007%$5K$301K10xas long as short
HTX AAVE-USDT+0.0100%8h143.80+0.091%$692K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.64−0.021%$4.1M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h143.43−0.165%$918K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h143.60−0.052%$121K$14610xas long as short
RISEx AAVE/USDC+0.0195%1h143.91+0.166%$184K$237K10xas long as short
BloFin AAVE-USDTshort+0.0220%8h143.92+0.174%$3.4M$3.5M100x
GMX AAVE/USD [AAVE-USDC]L +0.0263% / S −0.0420%1h143.72+0.038%$124K100xas long as short
Kraken Futures PF_AAVEUSD+0.0267%1h143.77+0.068%$3.5M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h143.93+0.181%$782K$2.8M50xas long as short