AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h +0.009%

Price spread now: Gate against Bybit−0.028%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.028%, 7d avg +0.014%

Together, before fees+0.066%+$7 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 Gate is 0.042% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	144.46	0.0100	pay 0.0100% / 8h	2h 40m	$61.5M	$65.0M	75x
Short	Gate AAVE_USDT	144.42	0.0058	get 0.0058% / 8h	2h 40m	$7.7M	$15.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.028%Rate

Funding earned: −$8.82
Price spread: −0.028% → +0.014%: −$4.18
Slippage, 4 orders: −$24.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$63.2
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: 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 Bybit live order book, 3 min ago	0.34 bp	9.9 bp −$10	18.6 bp −$186	75.6 bp −$7,558	doesn't fit
Sell Gate live order book, 3 min ago	4.14 bp	17.8 bp −$18	27.3 bp −$273	43.7 bp −$4,366	50.5 bp −$25.2K

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	−0.0372%	1h	144.64	+0.125%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0184%	1h	144.62	+0.111%	$5K	$311K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.42	−0.028%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.78	+0.222%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.48	+0.013%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.63	+0.118%	$72K	$1.6M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.72	+0.177%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.77	+0.216%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.192%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0037%	1h	144.98	+0.360%	$135K	$229K	50x	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	144.44	−0.016%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0050%	8h	144.44	−0.014%	$17.5M	$65.5M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	144.63	+0.118%	$18K	$12K	10x	as long as short
Gate AAVE_USDTshort	+0.0058%	8h	144.42	−0.028%	$7.7M	$15.6M	75x
MEXC AAVE_USDT	+0.0072%	8h	144.41	−0.035%	$31.9M	$26.1M	200x	as long as short
Binance AAVEUSDT	+0.0072%	8h	144.40	−0.042%	$65.7M	$182.3M	75x	as long as short
Nado AAVE-PERP	+0.0093%	1h	144.41	−0.031%	$801K	$444K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.62	+0.112%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.66	+0.138%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.49	+0.018%	$180K	$242K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0098%	8h	144.97	+0.353%	$460K	$4.1M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.42	−0.029%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.61	+0.101%	$80.8M	$32.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.42	−0.026%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.45	−0.009%	$329K	$505K	10x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	144.46	long leg	$61.5M	$65.0M	75x
Arcus AAVE-USD	+0.0100%	1h	144.43	−0.021%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.61	+0.107%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.46	0.000%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.44	−0.014%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.43	−0.021%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.60	+0.097%	$380K	$701K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.70	+0.163%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.93	+0.327%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.50	+0.028%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.62	+0.109%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.77	+0.215%	$734K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.56	+0.069%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.40	−0.039%	$935K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0192%	8h	144.58	+0.083%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.92	+0.318%	$779K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.70	+0.168%	$124K	—	100x	as long as short