AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.020%

Price spread now: OKX against BingX+0.021%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.021%, 7d avg −0.004%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.025% dearer against BingX than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.004%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	144.35	0.0100	pay 0.0100% / 8h	6h 30m	—	$6.5M	—
Short	OKX AAVE-USDT-SWAP	144.38	0.0070	get 0.0070% / 8h	6h 30m	$17.4M	$65.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$6.37
Price spread: +0.021% → −0.004%: $2.49
Slippage, 4 orders: −$26.36
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.25
Costs to cover: 0.464%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; OKX: live order book, 3 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, 10 min ago	0.70 bp	15.3 bp −$15	38.6 bp −$386	253.4 bp −$25.3K	649.6 bp −$324.8K
Sell OKX live order book, 3 min ago	0.35 bp	7.4 bp −$7	15.9 bp −$159	75.7 bp −$7,571	doesn't fit

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	−0.0056%	1h	144.40	+0.035%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.32	−0.023%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.24	−0.077%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.18	−0.118%	$65K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.20	−0.104%	$250K	$362K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.27	−0.054%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.01	−0.236%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.120%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.21	−0.097%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.39	+0.029%	—	—	20x	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	+0.0052%	8h	144.30	−0.035%	$27.0M	$24.8M	200x	as long as short
Binance AAVEUSDT	+0.0053%	8h	144.43	+0.055%	$65.1M	$184.6M	75x	as long as short
OKX AAVE-USDT-SWAPshort	+0.0070%	8h	144.38	+0.021%	$17.4M	$65.5M	50x
RISEx AAVE/USDC	+0.0089%	1h	144.44	+0.062%	$187K	$230K	10x	as long as short
Gate AAVE_USDT	+0.0091%	8h	144.36	+0.007%	$7.8M	$15.1M	75x	as long as short
Lighter AAVE	+0.0096%	1h	144.41	+0.042%	$4.6M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.22	−0.092%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.20	−0.101%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.35	0.000%	$803K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.31	−0.028%	$78.2M	$35.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.23	−0.081%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.27	−0.055%	$329K	$436K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.40	+0.035%	$61.8M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.42	+0.048%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.50	−0.591%	$58K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.23	−0.083%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.38	+0.021%	$30.0M	$18.0M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	144.35	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.33	−0.014%	$324K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.14	−0.144%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.91	−0.306%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.87	−0.330%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.98	−0.256%	$134K	$230K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.46	+0.076%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.22	−0.093%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.19	−0.111%	$5K	$298K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.53	+0.128%	$700K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.17	−0.125%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.31	−0.026%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0237% / S −0.0360%	1h	144.25	−0.068%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.38	+0.021%	$773K	$2.8M	50x	as long as short