AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.032%

Price spread now: MEXC against BloFin−0.063%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 4 days (all we have)−0.515%−$52 · spread now −0.063%, 7d avg −0.003%

Together, before fees−0.736%−$74 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.060% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAVE-USDT	143.85	0.0220	pay 0.0220% / 8h	5h 13m	$3.4M	$3.5M	100x
Short	MEXC AAVE_USDT	143.76	0.0100	get 0.0100% / 8h	5h 13m	$26.0M	$23.7M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$25.2
Price spread: −0.063% → −0.003%: −$5.97
Slippage, 4 orders: −$9.04
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$52.21
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 6 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 BloFin live order book, 5 min ago	0.69 bp	7.3 bp −$7	11.4 bp −$114	25.2 bp −$2,523	doesn't fit
Sell MEXC live order book, 6 min ago	0.35 bp	1.6 bp −$2	6.3 bp −$63	38.1 bp −$3,813	97.5 bp −$48.7K

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	−0.3088%	1h	143.30	−0.382%	$227K	$389K	50x	as long as short
01 Exchange AAVEUSD	−0.0048%	1h	143.84	−0.007%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.86	+0.005%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.81	−0.028%	$59K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.87	+0.014%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.790%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.84	−0.010%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	143.75	−0.070%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0054%	1h	143.88	+0.021%	$831K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	144.07	+0.153%	$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	143.91	+0.044%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.89	+0.026%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.99	+0.097%	$77.9M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.93	+0.057%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.90	+0.036%	$328K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.72	−0.090%	$64.3M	$182.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.72	−0.090%	$61.3M	$64.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.72	−0.090%	$17.2M	$63.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.88	+0.021%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	+0.156%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.89	+0.028%	$7.9M	$15.2M	75x	as long as short
MEXC AAVE_USDTshort	+0.0100%	8h	143.76	−0.063%	$26.0M	$23.7M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	143.77	−0.056%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.70	−0.104%	$30.1M	$17.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.82	−0.021%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.81	−0.028%	$321K	$691K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	+0.297%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.34	+0.343%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.39	+0.375%	$461K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.40	+0.382%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.90	+0.035%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.79	−0.041%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.73	−0.083%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.01	+0.111%	$694K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.77	−0.056%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.70	−0.104%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.77	−0.053%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.91	+0.042%	$186K	$236K	10x	as long as short
BloFin AAVE-USDTlong	+0.0220%	8h	143.85	long leg	$3.4M	$3.5M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.84	−0.006%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0267%	1h	143.84	−0.010%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.02	+0.118%	$783K	$2.8M	50x	as long as short