AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.009%

Price spread now: Binance against BingX−0.123%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days+0.143%+$14 · spread now −0.123%, 7d avg +0.017%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.140% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDT	146.11	0.0100	pay 0.0100% / 8h	11m 37s	—	$44.0M	—
Short	Binance AAVEUSDT	145.93	0.0032	get 0.0032% / 8h	11m 37s	$66.6M	$186.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now −0.123%Rate

Funding earned: −$14.19
Price spread: −0.123% → +0.017%: −$14.05
Slippage, 4 orders: −$7.85
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$56.08
Costs to cover: 0.278%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Binance: 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 BingX live order book, 2 min ago	0.68 bp	6.1 bp −$6	8.4 bp −$84	20.4 bp −$2,037	42.6 bp −$21.3K
Sell Binance live order book, 2 min ago	0.34 bp	7.5 bp −$7	13.8 bp −$138	40.9 bp −$4,095	158.2 bp −$79.1K

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	−0.0161%	1h	146.01	−0.068%	$255K	$389K	50x	as long as short
SoDEX AAVE-USD	−0.0111%	1h	145.94	−0.116%	$5K	$305K	10x	as long as short
01 Exchange AAVEUSD	−0.0040%	1h	145.96	−0.103%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	146.26	+0.103%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.23	+0.084%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.16	+0.034%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.06	−0.037%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.08	−0.018%	$71K	—	150x	as long as short
Binance AAVEUSDTshort	+0.0032%	8h	145.93	−0.123%	$66.6M	$186.7M	75x
MEXC AAVE_USDT	+0.0033%	8h	146.15	+0.027%	$29.8M	$26.1M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.262%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.91	−0.138%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.98	−0.089%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0070%	8h	145.94	−0.116%	$17.9M	$67.5M	50x	as long as short
Gate AAVE_USDT	+0.0072%	8h	146.08	−0.021%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.01	−0.068%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.26	+0.100%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.10	−0.009%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.02	−0.062%	$804K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.10	−0.007%	$80.6M	$34.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.14	+0.021%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.11	+0.001%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.96	−0.103%	$62.2M	$65.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.00	−0.075%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	+0.084%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.09	−0.014%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.03	−0.055%	$30.3M	$18.2M	75x	as long as short
BingX AAVE-USDTlong	+0.0100%	8h	146.11	long leg	—	$44.0M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.09	−0.014%	$347K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.36	+0.174%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.13	+0.014%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.16	+0.036%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.12	+0.007%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.02	−0.062%	$127K	$454K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.97	−0.094%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.09	−0.010%	$691K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.06	−0.034%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.99	−0.081%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.01	−0.068%	$185K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0141%	8h	146.18	+0.048%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.07	−0.027%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.59	+0.329%	$791K	$3.0M	50x	as long as short