Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h +0.006%

Price spread now: 01 Exchange against Bitget+0.111%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.111% dearer against Bitget than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAVEUSDT	144.20	0.0100	pay 0.0100% / 8h	5h 18m	$30.2M	$17.3M	75x
Short	01 Exchange AAVEUSD	144.36	−0.0048	pay 0.0006% / 1h	18m 17s	$11K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Bitget. 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 BitgetbpFee 01 ExchangebpOrdersPrice spread, now +0.111%Rate

Funding earned: −$31.08
Price spread: +0.111% → 0.000%: $11.1
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$38.98
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 6 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Bitget live order book, 6 min ago	0.35 bp	9.5 bp −$10	11.4 bp −$114	51.5 bp −$5,149	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSDshort	−0.0048%	1h	144.36	+0.111%	$11K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	144.44	+0.169%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.36	+0.111%	$61K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.18	−0.014%	$228K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.21	+0.006%	$81K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.021%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.21	+0.010%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	144.20	0.000%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0048%	1h	144.24	+0.029%	$833K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	144.46	+0.180%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	144.59	+0.273%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.37	+0.118%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.39	+0.129%	$78.1M	$35.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.37	+0.117%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.39	+0.133%	$329K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.19	−0.006%	$64.5M	$182.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.18	−0.014%	$61.5M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	144.18	−0.014%	$17.2M	$63.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.37	+0.118%	$45K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.91	−0.199%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.25	+0.035%	$7.9M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	144.27	+0.049%	$26.1M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.36	+0.111%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDTlong	+0.0100%	8h	144.20	long leg	$30.2M	$17.3M	75x
BingX AAVE-USDT	+0.0100%	8h	144.24	+0.028%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.51	+0.215%	$322K	$693K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.42	+0.151%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.40	+0.140%	$104K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.31	+0.073%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.44	+0.166%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.29	+0.062%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.17	−0.021%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.22	+0.014%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.55	+0.241%	$696K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.42	+0.153%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.18	−0.012%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.22	+0.014%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.39	+0.130%	$188K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.43	+0.160%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	144.21	+0.005%	$125K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0266%	1h	144.35	+0.106%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.97	−0.160%	$783K	$2.8M	50x	as long as short