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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h +0.055%
Price spread now: 01 Exchange against Orderly−0.027%46s7-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 3 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 against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.027% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC146.170.0053pay 0.0053% / 8h21m 37s$18K$12K10x
Short01 Exchange AAVEUSD146.13−0.0016pay 0.0002% / 1h21m 37s$11K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$14.42
Price spread: −0.027% → 0.000%
−$2.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$30.16
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 01 Exchange: 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 Orderly no order-book sample
Sell 01 Exchange no order-book sample
Orderly and 01 Exchange: 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
SoDEX AAVE-USD−0.0068%1h146.14−0.021%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h145.94−0.157%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h146.16−0.007%$255K$389K50xas long as short
01 Exchange AAVEUSDshort−0.0016%1h146.13−0.027%$11K$2K5x
dYdX AAVE-USD0.0000%1h146.22+0.034%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.04−0.089%$85K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.27+0.069%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.28+0.075%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.301%$422$51K12xas long as short
Binance AAVEUSDT+0.0040%8h146.12−0.032%$66.6M$186.5M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0040%8h146.20+0.021%$29.9M$26.0M200xas long as short
Reya AAVERUSDPERP+0.0044%1h146.34+0.114%20xas long as short
Orderly PERP_AAVE_USDClong+0.0053%8h146.17long leg$18K$12K10x
Gate AAVE_USDT+0.0073%8h146.12−0.034%$7.9M$15.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h146.11−0.041%$17.9M$67.8M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.19+0.014%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.35+0.122%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.16−0.007%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.36+0.130%$806K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h146.38+0.144%$80.7M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h146.31+0.099%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.20+0.022%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.13−0.027%$62.3M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h146.13−0.027%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.07−0.068%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.13−0.027%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.05−0.082%$30.4M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h146.10−0.048%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.29+0.082%$347K$748K10xas long as short
Variational Omni AAVE+0.0100%8h146.07−0.070%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.77−0.275%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.03−0.094%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.72−0.308%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.44+0.185%$128K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h146.15−0.011%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.31+0.097%$692K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.15−0.014%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.07−0.070%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.17+0.002%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0161%8h145.75−0.287%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.32+0.103%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.11−0.041%$789K$3.0M50xas long as short