Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.022%
Price spread now: BloFin against BingX+0.091%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.091%, 7d avg +0.005%
Together, before fees+0.306%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.086% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AAVE-USDT142.830.0100pay 0.0100% / 8h3h 13m$43.6M
ShortBloFin AAVE-USDT142.960.0220get 0.0220% / 8h3h 13m$3.3M$3.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$25.2
Price spread: +0.091% → +0.005%
$8.59
Slippage, 4 orders
−$14.12
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.34
Costs to cover
0.361%
Break-even
7.6 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 10 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 BingX live order book, 11 min ago0.35 bp5.4 bp −$57.4 bp −$7417.5 bp −$1,74747.4 bp −$23.7K
Sell BloFin live order book, 10 min ago1.75 bp12.2 bp −$1216.7 bp −$16731.6 bp −$3,163doesn'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
dYdX AAVE-USD0.0000%1h142.93+0.069%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.94+0.077%$51K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.90+0.049%$218K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.95+0.083%$80K150xas long as short
Nado AAVE-PERP+0.0033%1h142.94+0.077%$833K$398K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.110%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h143.19+0.252%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.91+0.054%20xas long as short
Orderly PERP_AAVE_USDC+0.0057%8h142.89+0.042%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0063%8h142.92+0.063%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange AAVEUSD+0.0096%1h142.98+0.105%$10K$2K5xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.99+0.109%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.93+0.070%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.00+0.122%$327K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.85+0.014%$63.8M$188.1M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.87+0.028%$61.4M$67.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.85+0.014%$17.1M$64.4M50xas long as short
Arcus AAVE-USD+0.0100%1h143.10+0.189%$64K$200K10xas long as short
Bulk AAVE-USD+0.0100%1h142.57−0.183%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.830.000%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.93+0.070%$25.9M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.87+0.028%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.92+0.063%$29.3M$18.3M75xas long as short
BingX AAVE-USDTlong+0.0100%8h142.83long leg$43.6M
Backpack AAVE_USDC_PERP+0.0100%1h142.95+0.084%$336K$722K10xas long as short
Variational Omni AAVE+0.0100%8h142.94+0.077%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.04+0.148%$104K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.07+0.166%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.13+0.210%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.02+0.133%$132K$449K10xas long as short
SunX AAVE-USDT+0.0100%8h142.94+0.075%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.89+0.042%$5K$310K10xas long as short
HTX AAVE-USDT+0.0100%8h143.11+0.195%$684K$5.2M75xas long as short
Extended AAVE-USD+0.0104%1h142.78−0.032%$908K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.93+0.070%$121K$14610xas long as short
Hyperliquid AAVE+0.0122%1h142.97+0.100%$78.2M$37.1M10xas long as short
RISEx AAVE/USDC+0.0132%1h143.04+0.148%$185K$251K10xas long as short
BloFin AAVE-USDTshort+0.0220%8h142.96+0.091%$3.3M$3.6M100x
Kraken Futures PF_AAVEUSD+0.0248%1h142.99+0.111%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.94+0.080%$112K100xas long as short
Lighter AAVE+0.0256%1h143.09+0.181%$4.5M$2.4M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h143.23+0.280%$783K$2.8M50xas long as short