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+0.0120%/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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.589%+$59 on $10k · with fees, hour by hour
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AAVEUSDT144.950.0076pay 0.0076% / 8h2h 45m$65.9M$181.8M75x
ShortBloFin AAVE-USDT144.900.0196get 0.0196% / 8h2h 45m$3.5M$5.3M100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.34 bp7.0 bp −$714.7 bp −$14753.0 bp −$5,304doesn't fit
Sell BloFin live order book, 3 min ago0.69 bp9.2 bp −$915.0 bp −$15040.4 bp −$4,038doesn't fit

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
Deribit AAVE_USDC-PERPETUAL−0.0439%1h144.950.000%$249K$483K50xas long as short
SoDEX AAVE-USD−0.0193%1h144.88−0.048%$5K$311K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.96+0.007%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h145.11+0.110%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h145.04+0.064%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.00+0.034%$74K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.03+0.054%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h145.07+0.082%$3.5M$2.0M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.512%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.94−0.004%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AAVE-USDT-SWAP+0.0049%8h144.97+0.014%$17.6M$65.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h144.93−0.014%$18K$12K10xas long as short
Gate AAVE_USDT+0.0062%8h144.96+0.007%$7.7M$15.6M75xas long as short
ApeX Omni AAVEUSDT+0.0066%1h145.09+0.097%$135K$229K50xas long as short
Binance AAVEUSDTlong+0.0076%8h144.95long leg$65.9M$181.8M75x
MEXC AAVE_USDT+0.0078%8h144.93−0.014%$32.1M$26.1M200xas long as short
Nado AAVE-PERP+0.0083%1h144.94−0.005%$804K$444K10xas long as short
Lighter AAVE+0.0096%1h145.12+0.119%$4.7M$1.6M10xas long as short
RISEx AAVE/USDC+0.0097%1h145.02+0.047%$180K$242K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.96+0.007%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h145.14+0.131%$81.1M$32.5M10xas long as short
Aster AAVEUSDT+0.0100%8h145.05+0.067%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.98+0.022%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.01+0.041%$61.7M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.97+0.014%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h145.14+0.129%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.91−0.028%$10.1M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.950.000%$30.2M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h144.97+0.014%$44.3Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.07+0.083%$381K$703K10xas long as short
Variational Omni AAVE+0.0100%8h145.12+0.114%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h145.14+0.134%$101K$313K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.16+0.147%$461K$4.1M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.05+0.069%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.91−0.024%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.08+0.089%$736K$4.8M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.94−0.007%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.90−0.037%$936K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.97+0.015%$122K$14610xas long as short
BloFin AAVE-USDTshort+0.0196%8h144.90−0.034%$3.5M$5.3M100x
Coinbase International AAVE-PERP-INTX+0.0248%1h145.44+0.338%$782K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h145.02+0.046%$125K100xas long as short