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: KuCoin against BingX+0.014%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on BingX Short on KuCoin

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—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDT	146.41	0.0100	pay 0.0100% / 8h	7h 13m	—	$44.1M	—
Short	KuCoin AAVEUSDTM	146.43	0.0100	get 0.0100% / 8h	7h 13m	$11.1M	$9.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → 0.000%: $1.37
Slippage, 4 orders: −$25.06
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$45.69
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; KuCoin: 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 BingX live order book, 11 min ago	0.68 bp	5.7 bp −$6	8.0 bp −$80	23.2 bp −$2,321	65.0 bp −$32.5K
Sell KuCoin live order book, 5 min ago	1.37 bp	20.0 bp −$20	50.6 bp −$506	doesn't fit	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.61	+0.136%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0152%	1h	146.29	−0.082%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0075%	1h	146.48	+0.048%	$5K	$295K	10x	as long as short
Phemex AAVEUSDT	−0.0026%	8h	146.46	+0.034%	$4.2M	$3.8M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.44	+0.018%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.44	+0.020%	$78K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.55	+0.096%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.57	+0.109%	$256K	$367K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.58	+0.116%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0023%	8h	146.35	−0.041%	$28.7M	$25.9M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0024%	8h	146.35	−0.041%	$66.3M	$183.4M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.454%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.43	+0.012%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	146.52	+0.075%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0046%	1h	146.45	+0.027%	$136K	$231K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0064%	8h	146.34	−0.048%	$17.9M	$66.3M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.47	+0.044%	$124K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0095%	8h	146.33	−0.055%	$3.5M	$3.5M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.63	+0.150%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.36	−0.034%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.44	+0.020%	$801K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.48	+0.048%	$79.8M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.57	+0.109%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.42	+0.005%	$334K	$503K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.33	−0.055%	$62.7M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.39	−0.014%	$46K	$270K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.426%	$59K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	146.43	+0.014%	$7.9M	$15.3M	75x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	146.43	+0.014%	$11.1M	$9.0M	75x
Bitget AAVEUSDT	+0.0100%	8h	146.28	−0.089%	$30.3M	$17.9M	75x	as long as short
BingX AAVE-USDTlong	+0.0100%	8h	146.41	long leg	—	$44.1M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.53	+0.082%	$332K	$736K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.27	−0.094%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.39	−0.011%	$106K	$319K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.46	+0.034%	$466K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.54	+0.089%	$127K	$416K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.44	+0.023%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.50	+0.058%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.30	−0.073%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.42	+0.005%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.58	+0.115%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.42	+0.007%	$785K	$2.9M	50x	as long as short