Spread before costs (cost unknown: a leg has no order-book sample)−0.157%
7d average−0.036%if it closes, per $10,000$16funding while held, a day−$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AAVEUSDT | 142.89 | 0.0085 | pay 0.0085% / 8h | 6h 32m | $4.0M | $3.8M | 50x |
| Short | Variational Omni AAVE | 142.67 | 0.0067 | get 0.0067% / 8h | 6h 32m | $3.7M | $1.4M | — |
Phemex AAVEUSDT
Variational Omni AAVEPrice 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
- −$15.7
- Funding while held
- −$0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$28.25
- Spread needed to break even
- 0.120%
Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.55
- 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 Phemex live order book, 2 min ago | 3.15 bp | 11.1 bp −$11 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.08 bp | doesn't fit | 11.0 bp −$110 | doesn't fit | doesn't fit |
AAVE price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapest
InjectiveVariational Omni142.67+4.166%
BingX142.80+4.264%BloFin142.81+4.271%Extended142.82+4.278%MEXC142.83+4.286%Bybit142.84+4.293%OKX142.84+4.293%Gate142.84+4.293%Binance142.84+4.295%Bitget142.85+4.301%SoDEX142.85+4.301%Orderly142.86+4.308%edgeX142.86+4.310%SunX142.86+4.311%KuCoin142.87+4.315%Kalshi142.87+4.315%Reya142.88+4.320%Nado142.89+4.330%
BingX
BloFin
Extended
MEXC
Bybit
OKX
Gate
Binance
Bitget
SoDEX
Orderly
SunX
KuCoin
Reya
NadoPhemex142.89+4.330%
Aevo142.89+4.330%Paradex142.90+4.337%GMX142.92+4.349%Deribit142.92+4.352%gTrade (Gains Network)142.92+4.353%Bulk142.92+4.353%Pacifica142.93+4.358%Backpack142.93+4.359%01 Exchange142.94+4.366%Arcus142.95+4.374%Aster142.96+4.383%RISEx142.97+4.386%Hyperliquid142.98+4.395%Polymarket Perps142.98+4.395%HTX142.99+4.402%Kraken Futures143.00+4.410%Lighter143.03+4.436%dYdX143.05+4.446%Phoenix143.07+4.461%ApeX Omni143.08+4.468%Coinbase International143.14+4.512%
Aevo
Paradex
GMX
Deribit
gTrade (Gains Network)
Bulk
Pacifica
Backpack
Arcus
Aster
RISEx
Hyperliquid
Polymarket Perps
HTX
Kraken Futures
Lighter
dYdX
Phoenix
ApeX Omni
Coinbase InternationalAAVE on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −4.150% | +0.0033% | 1h | $422 | $106K | 12x | as long as short |
| Variational Omni AAVEshort | −0.157% | +0.0067% | 8h | $3.7M | $1.4M | — | |
| BingX AAVE-USDC | −0.063% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| BloFin AAVE-USDT | −0.056% | +0.0214% | 8h | $3.6M | $5.5M | 100x | as long as short |
| Extended AAVE-USD | −0.050% | +0.0072% | 1h | $893K | $1.5M | 50x | as long as short |
| MEXC AAVE_USDT | −0.042% | +0.0094% | 8h | $22.4M | $23.4M | 200x | as long as short |
| Bybit AAVEUSDT | −0.035% | +0.0100% | 8h | $60.4M | $62.1M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | −0.035% | +0.0073% | 8h | $17.6M | $62.5M | 50x | as long as short |
| Gate AAVE_USDT | −0.035% | +0.0100% | 8h | $7.8M | $13.2M | 75x | as long as short |
| Binance AAVEUSDT | −0.033% | +0.0094% | 8h | $64.6M | $171.8M | 75x | as long as short |