AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h +0.014%

Price spread now: Binance against Bybit−0.007%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days+0.025%+$3 · spread now −0.007%, 7d avg +0.026%

Together, before fees+0.079%+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.032% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	144.24	0.0100	pay 0.0100% / 8h	1h 54m	$61.3M	$65.6M	75x
Short	Binance AAVEUSDT	144.23	0.0039	get 0.0039% / 8h	1h 54m	$65.5M	$185.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$12.84
Price spread: −0.007% → +0.026%: −$3.25
Slippage, 4 orders: −$11.09
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.18
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 4 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 Bybit live order book, 4 min ago	0.35 bp	8.6 bp −$9	14.6 bp −$146	63.0 bp −$6,299	doesn't fit
Sell Binance live order book, 4 min ago	0.35 bp	8.6 bp −$9	16.4 bp −$164	49.6 bp −$4,965	155.7 bp −$77.8K

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
ApeX Omni AAVEUSDT	−0.0330%	1h	143.45	−0.548%	$133K	$229K	50x	as long as short
01 Exchange AAVEUSD	−0.0208%	1h	144.20	−0.028%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0166%	1h	144.23	−0.007%	$253K	$480K	50x	as long as short
SoDEX AAVE-USD	−0.0047%	1h	144.21	−0.021%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0044%	1h	143.73	−0.354%	$5K	$100K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.25	+0.006%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.25	+0.007%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.26	+0.012%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.047%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0038%	8h	144.20	−0.028%	$31.1M	$25.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDTshort	+0.0039%	8h	144.23	−0.007%	$65.5M	$185.5M	75x
Reya AAVERUSDPERP	+0.0044%	1h	144.25	+0.004%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0045%	1h	144.26	+0.014%	$799K	$438K	10x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	144.21	−0.020%	$179K	$246K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	144.18	−0.042%	$18K	$12K	10x	as long as short
Bulk AAVE-USD	+0.0049%	1h	143.56	−0.471%	$60K	$3K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.20	−0.028%	$17.4M	$66.2M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	144.36	+0.080%	$3.5M	$2.1M	50x	as long as short
Gate AAVE_USDT	+0.0061%	8h	144.22	−0.014%	$7.8M	$15.8M	75x	as long as short
GRVT AAVE_USDT_Perp	+0.0085%	8h	143.56	−0.473%	$450K	$3.9M	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.21	−0.023%	$122K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.41	+0.118%	$4.6M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.15	−0.061%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.32	+0.055%	$79.2M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.26	+0.013%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.23	−0.006%	$329K	$505K	10x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	144.24	long leg	$61.3M	$65.6M	75x
Arcus AAVE-USD	+0.0100%	1h	144.17	−0.049%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.22	−0.014%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.21	−0.021%	$30.0M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.21	−0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.38	+0.097%	$381K	$709K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.96	−0.192%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.62	−0.433%	$101K	$313K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.30	+0.042%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.21	−0.024%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.35	+0.078%	$718K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.20	−0.028%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.18	−0.041%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0156%	8h	144.28	+0.028%	$3.4M	$5.3M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	144.26	+0.010%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	143.80	−0.305%	$772K	$3.0M	50x	as long as short