Spread before costs (cost unknown: a leg has no order-book sample)−0.051%
7d average—if it closes, per $10,000$5funding while held, a day+$0.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AAVERUSDPERP | 145.30 | 0.0044 | pay 0.0006% / 1h | 40m 22s | — | — | 20x |
| Short | Orderly PERP_AAVE_USDC | 145.23 | 0.0046 | get 0.0046% / 8h | 1h 40m | $18K | $18K | 10x |
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDCPrice 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
- −$5.1
- Funding while held
- $0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.05
- Spread needed to break even
- 0.120%
Slippage unknown: Reya: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.04
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Reya and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective136.96cheapest
Deribit142.42+3.987%edgeX144.47+5.482%Bulk144.56+5.548%Coinbase International144.72+5.666%ApeX Omni144.87+5.775%Phoenix144.94+5.827%Variational Omni145.16+5.987%Extended145.20+6.016%Kalshi145.23+6.038%
Injective
Deribit
Bulk
Coinbase International
ApeX Omni
Phoenix
Variational Omni
ExtendedOrderly145.23+6.038%
BloFin145.24+6.046%Bybit145.25+6.053%OKX145.26+6.060%SoDEX145.28+6.075%Aevo145.29+6.082%Bitget145.29+6.082%Phemex145.29+6.082%Paradex145.30+6.088%
BloFin
Bybit
OKX
SoDEX
Aevo
Bitget
Phemex
ParadexReya145.30+6.092%
Gate145.32+6.104%BingX145.32+6.104%Nado145.32+6.108%SunX145.33+6.109%dYdX145.34+6.117%Binance145.35+6.123%MEXC145.35+6.126%Backpack145.35+6.126%gTrade (Gains Network)145.36+6.130%RISEx145.36+6.135%Arcus145.37+6.140%KuCoin145.37+6.140%Pacifica145.38+6.145%GMX145.39+6.154%Aster145.43+6.181%HTX145.43+6.183%Polymarket Perps145.44+6.192%Kraken Futures145.44+6.193%Hyperliquid145.55+6.272%Lighter145.55+6.272%
Gate
BingX
Nado
SunX
dYdX
Binance
MEXC
Backpack
gTrade (Gains Network)
RISEx
Arcus
KuCoin
Pacifica
GMX
Aster
HTX
Polymarket Perps
Kraken Futures
Hyperliquid
LighterAAVE on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AAVE/USDC PERP | −5.742% | +0.0033% | 1h | $422 | $197K | 12x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −1.985% | −1.9773% | 1h | $222K | $301K | 50x | as long as short |
| edgeX AAVEUSDC | −0.575% | +0.0100% | 4h | $98K | $310K | 20x | as long as short |
| Bulk AAVE-USD | −0.513% | +0.0100% | 1h | $58K | $20K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | −0.402% | +0.0384% | 1h | $795K | $3.2M | 50x | as long as short |
| ApeX Omni AAVEUSDT | −0.299% | −0.0204% | 1h | $134K | $239K | 50x | as long as short |
| Phoenix AAVE | −0.251% | +0.0082% | 1h | $4K | $74K | 10x | as long as short |
| Variational Omni AAVE | −0.100% | +0.0017% | 8h | $3.8M | $1.3M | — | as long as short |
| Extended AAVE-USD | −0.072% | +0.0104% | 1h | $1.0M | $1.4M | 50x | as long as short |
| Kalshi KXAAVEPERP | −0.051% | 0.0000% | 8h | $67K | $1.3M | 3.4x | as long as short |
Show all 40 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_AAVE_USDCshort | −0.051% | +0.0046% | 8h | $18K | $18K | 10x | |
| BloFin AAVE-USDT | −0.044% | +0.0204% | 8h | $3.7M | $5.7M | 100x | as long as short |
| Bybit AAVEUSDT | −0.037% | +0.0100% | 8h | $60.2M | $58.2M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | −0.030% | −0.0005% | 8h | $18.1M | $63.9M | 50x | as long as short |
| SoDEX AAVE-USD | −0.017% | −0.0133% | 1h | $5K | $285K | 10x | as long as short |
| Aevo AAVE-PERP | −0.010% | +0.0104% | 1h | $123K | $146 | 10x | as long as short |
| Bitget AAVEUSDT | −0.010% | +0.0100% | 8h | $29.7M | $15.6M | 75x | as long as short |
| Phemex AAVEUSDT | −0.010% | +0.0083% | 8h | $4.1M | $3.9M | 50x | as long as short |
| Paradex AAVE-USD-PERP | −0.004% | +0.0100% | 8h | $14K | $3K | 20x | as long as short |
| Reya AAVERUSDPERPlong | 0.000% | +0.0044% | 1h | — | — | 20x | |
| Gate AAVE_USDT | +0.011% | +0.0089% | 8h | $7.8M | $12.8M | 75x | as long as short |
| BingX AAVE-USDC | +0.011% | +0.0100% | 8h | — | $6.5M | — | as long as short |
| Nado AAVE-PERP | +0.014% | +0.0098% | 1h | $823K | $414K | 10x | as long as short |
| SunX AAVE-USDT | +0.016% | +0.0100% | 8h | $2K | $1.2M | 20x | as long as short |
| dYdX AAVE-USD | +0.024% | 0.0000% | 1h | $105K | $5K | 10x | as long as short |
| Binance AAVEUSDT | +0.029% | +0.0084% | 8h | $66.1M | $171.0M | 75x | as long as short |
| MEXC AAVE_USDT | +0.032% | +0.0083% | 8h | $25.6M | $23.1M | 200x | as long as short |
| Backpack AAVE_USDC_PERP | +0.032% | +0.0100% | 1h | $308K | $500K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | +0.036% | L +0.0005% / S −0.0004% | 1h | $70K | — | 150x | as long as short |
| RISEx AAVE/USDC | +0.040% | +0.0091% | 1h | $183K | $247K | 10x | as long as short |
| Arcus AAVE-USD | +0.045% | +0.0100% | 1h | $52K | $376K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.045% | +0.0094% | 8h | $10.0M | $8.1M | 75x | as long as short |
| Pacifica AAVE | +0.050% | +0.0100% | 1h | $335K | $433K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | +0.058% | L +0.0230% / S −0.0394% | 1h | $131K | — | 100x | as long as short |
| Aster AAVEUSDT | +0.083% | +0.0100% | 8h | $1.4M | $1.1M | 50x | as long as short |
| HTX AAVE-USDT | +0.085% | +0.0100% | 8h | $737K | $4.4M | 75x | as long as short |
| Polymarket Perps AAVE-USD | +0.094% | +0.0100% | 1h | $133K | $614K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.095% | +0.0229% | 1h | $3.5M | $2.0M | 50x | as long as short |
| Hyperliquid AAVE | +0.169% | +0.0100% | 1h | $81.8M | $24.0M | 10x | as long as short |
| Lighter AAVE | +0.169% | +0.0096% | 1h | $4.7M | $1.6M | 10x | as long as short |