Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance−0.034%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 3 days (all we have)+0.364%+$36 · spread now −0.034%, 7d avg +0.004%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.004%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AAVEUSDT | 144.95 | 0.0076 | pay 0.0076% / 8h | 2h 45m | $65.9M | $181.8M | 75x |
| Short | BloFin AAVE-USDT | 144.90 | 0.0196 | get 0.0196% / 8h | 2h 45m | $3.5M | $5.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.2
- Price spread: −0.034% → +0.004%
- −$3.89
- Slippage, 4 orders
- −$11.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.96
- Costs to cover
- 0.333%
- Break-even
- 10.3 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 3 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 Binance live order book, 13 min ago | 0.34 bp | 7.0 bp −$7 | 14.7 bp −$147 | 53.0 bp −$5,304 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.69 bp | 9.2 bp −$9 | 15.0 bp −$150 | 40.4 bp −$4,038 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0439% | 1h | 144.95 | 0.000% | $249K | $483K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0193% | 1h | 144.88 | −0.048% | $5K | $311K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.96 | +0.007% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 145.11 | +0.110% | $4K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.04 | +0.064% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.00 | +0.034% | $74K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.03 | +0.054% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 145.07 | +0.082% | $3.5M | $2.0M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.512% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.94 | −0.004% | — | — | 20x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AAVE-USDT-SWAP | +0.0049% | 8h | 144.97 | +0.014% | $17.6M | $65.6M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0057% | 8h | 144.93 | −0.014% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0062% | 8h | 144.96 | +0.007% | $7.7M | $15.6M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0066% | 1h | 145.09 | +0.097% | $135K | $229K | 50x | as long as short |
| Binance AAVEUSDTlong | +0.0076% | 8h | 144.95 | long leg | $65.9M | $181.8M | 75x | |
| MEXC AAVE_USDT | +0.0078% | 8h | 144.93 | −0.014% | $32.1M | $26.1M | 200x | as long as short |
| Nado AAVE-PERP | +0.0083% | 1h | 144.94 | −0.005% | $804K | $444K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.12 | +0.119% | $4.7M | $1.6M | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 145.02 | +0.047% | $180K | $242K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.96 | +0.007% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.14 | +0.131% | $81.1M | $32.5M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.05 | +0.067% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.98 | +0.022% | $330K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.01 | +0.041% | $61.7M | $64.9M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.97 | +0.014% | $50K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.14 | +0.129% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.91 | −0.028% | $10.1M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.95 | 0.000% | $30.2M | $18.2M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 144.97 | +0.014% | — | $44.3M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.07 | +0.083% | $381K | $703K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.12 | +0.114% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.14 | +0.134% | $101K | $313K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 145.16 | +0.147% | $461K | $4.1M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.05 | +0.069% | $127K | $467K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.91 | −0.024% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.08 | +0.089% | $736K | $4.8M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.94 | −0.007% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.90 | −0.037% | $936K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 144.97 | +0.015% | $122K | $146 | 10x | as long as short |
| BloFin AAVE-USDTshort | +0.0196% | 8h | 144.90 | −0.034% | $3.5M | $5.3M | 100x | |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 145.44 | +0.338% | $782K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0266% / S −0.0438% | 1h | 145.02 | +0.046% | $125K | — | 100x | as long as short |
Binance AAVEUSDT
BloFin AAVE-USDT
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
01 Exchange AAVEUSD
Phoenix AAVE
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERP
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
ApeX Omni AAVEUSDT
MEXC AAVE_USDT
Lighter AAVE
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]