AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.009%

Price spread now: MEXC against BingX−0.069%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days+0.084%+$8 · spread now −0.069%, 7d avg +0.012%

Together, before fees+0.041%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.081% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.012%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	145.32	0.0100	pay 0.0100% / 8h	2h 49m	—	$6.5M	—
Short	MEXC AAVE_USDT	145.22	0.0080	get 0.0080% / 8h	2h 49m	$32.3M	$26.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$4.2
Price spread: −0.069% → +0.012%: −$8.12
Slippage, 4 orders: −$22.04
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$44.35
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; MEXC: 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, 2 min ago	0.69 bp	15.1 bp −$15	41.1 bp −$411	263.7 bp −$26.4K	665.8 bp −$332.9K
Sell MEXC live order book, 5 min ago	0.34 bp	0.8 bp −$1	5.8 bp −$58	36.5 bp −$3,651	105.4 bp −$52.7K

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	−0.0301%	1h	145.20	−0.083%	$250K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0161%	1h	145.24	−0.055%	$5K	$311K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	145.26	−0.041%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	145.11	−0.145%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.30	−0.012%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.26	−0.041%	$74K	$1.6M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.28	−0.029%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.38	+0.040%	$3.5M	$2.0M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0019%	1h	145.02	−0.206%	$135K	$229K	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.753%	$422	$51K	12x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.22	−0.066%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0049%	8h	145.28	−0.028%	$17.7M	$65.7M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0058%	8h	145.15	−0.117%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0068%	8h	145.23	−0.062%	$7.8M	$15.6M	75x	as long as short
Nado AAVE-PERP	+0.0078%	1h	145.18	−0.100%	$810K	$442K	10x	as long as short
Binance AAVEUSDT	+0.0080%	8h	145.33	+0.007%	$66.1M	$181.7M	75x	as long as short
MEXC AAVE_USDTshort	+0.0080%	8h	145.22	−0.069%	$32.3M	$26.0M	200x
Lighter AAVE	+0.0096%	1h	145.39	+0.047%	$4.7M	$1.6M	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.31	−0.006%	$181K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.23	−0.063%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.43	+0.076%	$81.3M	$32.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.18	−0.093%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.30	−0.012%	$331K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.30	−0.014%	$61.9M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.28	−0.028%	$51K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.14	−0.126%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.25	−0.048%	$10.3M	$8.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.29	−0.021%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	145.32	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.40	+0.055%	$382K	$703K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.98	−0.237%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.27	−0.036%	$100K	$312K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.95	−0.256%	$459K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.26	−0.041%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.17	−0.100%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.37	+0.035%	$738K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.24	−0.055%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.14	−0.122%	$936K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	145.23	−0.062%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0200%	8h	145.11	−0.145%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	145.40	+0.055%	$782K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	145.26	−0.040%	$125K	—	100x	as long as short