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 +0.003%

Price spread now: Bybit against Binance−0.014%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days−0.011%−$1 · spread now −0.014%, 7d avg −0.025%

Together, before fees−0.053%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAVEUSDT	142.78	0.0100	pay 0.0100% / 8h	2h 43m	$63.7M	$189.1M	75x
Short	Bybit AAVEUSDT	142.76	0.0100	get 0.0100% / 8h	2h 43m	$61.2M	$68.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.025%: $1.07
Slippage, 4 orders: −$10.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$30.85
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 5 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, 15 min ago	0.35 bp	9.4 bp −$9	15.8 bp −$158	45.9 bp −$4,589	doesn't fit
Sell Bybit live order book, 5 min ago	0.35 bp	5.8 bp −$6	12.2 bp −$122	58.5 bp −$5,848	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
Nado AAVE-PERP	−0.0043%	1h	142.88	+0.070%	$832K	$402K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.89	+0.077%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.05	+0.189%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.94	+0.112%	$218K	$393K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.90	+0.087%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.076%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.87	+0.061%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0064%	8h	142.89	+0.077%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0072%	8h	142.86	+0.056%	$4.0M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0088%	1h	142.89	+0.077%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.89	+0.077%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.99	+0.147%	$78.2M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.80	+0.012%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.96	+0.127%	$327K	$447K	10x	as long as short
Binance AAVEUSDTlong	+0.0100%	8h	142.78	long leg	$63.7M	$189.1M	75x
Bybit AAVEUSDTshort	+0.0100%	8h	142.76	−0.014%	$61.2M	$68.3M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.77	−0.007%	$17.1M	$64.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.95	+0.119%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.94	+0.111%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.75	−0.021%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.76	−0.014%	$25.6M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.79	+0.007%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.75	−0.021%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.74	−0.028%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.88	+0.070%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.12	+0.237%	$105K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.11	+0.231%	$450K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.13	+0.245%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.97	+0.133%	$134K	$453K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.90	+0.084%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.90	+0.084%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.03	+0.178%	$683K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.68	−0.069%	$908K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.93	+0.103%	$121K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0114%	1h	143.03	+0.175%	$336K	$727K	10x	as long as short
Phoenix AAVE	+0.0118%	1h	143.34	+0.392%	$4K	$106K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.90	+0.086%	$186K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.96	+0.126%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0237%	1h	142.97	+0.133%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.90	+0.085%	$112K	—	100x	as long as short
Lighter AAVE	+0.0368%	1h	143.01	+0.160%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.04	+0.182%	$791K	$2.8M	50x	as long as short