Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h —

Price spread now: Reya against Binance+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Reya

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 0.034% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAVEUSDT	143.32	0.0044	pay 0.0044% / 8h	2h 02m	$65.1M	$185.3M	75x
Short	Reya AAVERUSDPERP	143.37	0.0044	get 0.0006% / 1h	2m 24s	—	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.034%Rate

Funding earned: $0.12
Price spread: +0.034% → 0.000%: $3.41
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: −$12.47
Costs to cover: 0.160%
Break-even: 710.6 days

Slippage unknown: Binance: live order book, 11 min ago; Reya: no order-book sample. Net counts fees only.

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, 11 min ago	0.35 bp	6.9 bp −$7	16.2 bp −$162	54.4 bp −$5,439	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 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	−0.0448%	1h	143.23	−0.062%	$252K	$489K	50x	as long as short
SoDEX AAVE-USD	−0.0151%	1h	143.19	−0.090%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0112%	1h	143.27	−0.034%	$10K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	143.24	−0.055%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.32	+0.002%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.24	−0.055%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.27	−0.031%	$69K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.31	−0.007%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.437%	$422	$51K	12x	as long as short
Binance AAVEUSDTlong	+0.0044%	8h	143.32	long leg	$65.1M	$185.3M	75x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERPshort	+0.0044%	1h	143.37	+0.034%	—	—	20x
MEXC AAVE_USDT	+0.0045%	8h	143.46	+0.099%	$30.7M	$26.5M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	143.20	−0.083%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0053%	8h	143.34	+0.015%	$17.3M	$65.8M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0058%	1h	143.62	+0.210%	$134K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	143.30	−0.013%	$7.7M	$16.0M	75x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.458%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0091%	8h	143.60	+0.197%	$449K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.52	+0.143%	$4.6M	$1.7M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.22	−0.067%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.39	+0.048%	$178K	$247K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.31	−0.003%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.31	−0.010%	$793K	$438K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.47	+0.106%	$78.7M	$33.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.35	+0.022%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.34	+0.014%	$326K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.36	+0.029%	$60.9M	$65.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.34	+0.015%	$50K	$274K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.30	−0.013%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.35	+0.022%	$29.8M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.29	−0.020%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.33	+0.008%	$379K	$710K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	+0.042%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.50	+0.124%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.41	+0.064%	$125K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.18	−0.100%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.22	−0.067%	$712K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.28	−0.027%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.29	−0.018%	$919K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0166%	8h	143.17	−0.104%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.44	+0.085%	$769K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	143.28	−0.026%	$123K	—	100x	as long as short