Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Bybit against Aster−0.050%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 7 days+0.055%+$6 · spread now −0.050%, 7d avg −0.020%

Together, before fees−0.044%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	142.53	0.0100	pay 0.0100% / 8h	4h 32m	$1.2M	$1.3M	50x
Short	Bybit AAVEUSDT	142.46	0.0100	get 0.0100% / 8h	4h 32m	$60.9M	$67.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → −0.020%: −$2.96
Slippage, 4 orders: −$19.06
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.02
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 2 min ago.

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 Aster live order book, 1 min ago	3.86 bp	11.0 bp −$11	26.6 bp −$266	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.35 bp	7.6 bp −$8	14.1 bp −$141	54.9 bp −$5,487	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0160%	1h	142.32	−0.148%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.41	−0.084%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.37	−0.113%	$43K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.45	−0.057%	$221K	$399K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.47	−0.040%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0016%	1h	142.38	−0.109%	$839K	$449K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.908%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.40	−0.091%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	142.43	−0.071%	$18K	$10K	10x	as long as short
SoDEX AAVE-USD	+0.0055%	1h	142.44	−0.064%	$5K	$299K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0056%	1h	141.63	−0.632%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.53	+0.002%	$4.5M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.39	−0.096%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.56	+0.021%	$76.8M	$35.4M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	142.53	long leg	$1.2M	$1.3M	50x
Pacifica AAVE	+0.0100%	1h	142.42	−0.080%	$326K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.45	−0.057%	$63.7M	$186.1M	75x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	142.46	−0.050%	$60.9M	$67.1M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.46	−0.050%	$17.1M	$63.9M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.44	−0.064%	$63K	$204K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.50	−0.727%	$57K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.49	−0.029%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.45	−0.057%	$25.1M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.47	−0.043%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.35	−0.127%	$29.0M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.43	−0.071%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.56	+0.021%	$336K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	141.38	−0.807%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.50	−0.720%	$102K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.58	−0.667%	$454K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.57	−0.674%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.49	−0.029%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.37	−0.114%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.56	+0.018%	$685K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.41	−0.085%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.39	−0.097%	$892K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.49	−0.032%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.39	−0.101%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.22	−0.218%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.47	−0.042%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0325%	1h	142.55	+0.010%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.59	+0.042%	$790K	$2.8M	50x	as long as short