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 −0.005%

Price spread now: Gate against BingX+0.014%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$590.594% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.014%, 7d avg +0.004%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	144.07	0.0100	pay 0.0100% / 8h	6h 11m	—	$6.5M	—
Short	Gate AAVE_USDT	144.09	0.0100	get 0.0100% / 8h	6h 11m	$7.8M	$15.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.004%: $0.97
Slippage, 4 orders: −$34.37
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.4
Costs to cover: 0.594%
Break-even: never at this rate

Slippage from BingX: live order book, 9 min ago; Gate: 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, 9 min ago	0.69 bp	15.1 bp −$15	38.5 bp −$385	252.5 bp −$25.3K	650.7 bp −$325.3K
Sell Gate live order book, 2 min ago	3.82 bp	15.1 bp −$15	28.8 bp −$288	45.1 bp −$4,513	50.7 bp −$25.3K

AAVE on 41 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
01 Exchange AAVEUSD	−0.0040%	1h	144.05	−0.014%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.20	+0.090%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.08	+0.004%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.01	−0.042%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.12	+0.035%	$245K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.15	+0.052%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.44	+0.257%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.935%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.04	−0.024%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.14	+0.049%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0073%	8h	144.12	+0.035%	$26.6M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0076%	8h	144.03	−0.028%	$65.0M	$184.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0082%	8h	143.90	−0.118%	$17.3M	$65.0M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.12	+0.032%	$199K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.23	+0.110%	$4.6M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.17	+0.070%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.02	−0.037%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.07	0.000%	$801K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.18	+0.076%	$78.0M	$35.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.13	+0.043%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.04	−0.024%	$328K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.98	−0.062%	$61.5M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.09	+0.014%	$45K	$181K	10x	as long as short
Gate AAVE_USDTshort	+0.0100%	8h	144.09	+0.014%	$7.8M	$15.2M	75x
KuCoin AAVEUSDTM	+0.0100%	8h	144.12	+0.035%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.03	−0.028%	$30.0M	$17.8M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	144.07	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.20	+0.090%	$321K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.03	−0.029%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.08	+0.004%	$104K	$319K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.08	+0.007%	$450K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.15	+0.056%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.10	+0.021%	$124K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.09	+0.011%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.10	+0.021%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.46	+0.269%	$699K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.11	+0.028%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.09	+0.017%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.08	+0.006%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0248% / S −0.0386%	1h	144.12	+0.035%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.76	+0.479%	$778K	$2.8M	50x	as long as short