Funding you earn now, next payment 21:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.018%
Price spread now: BloFin against Coinbase International−0.028%58s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)+0.118%+$12 · spread now −0.028%, 7d avg −0.056%
=The price spread pays, funding is against you. BloFin is 0.028% dearer against Coinbase International than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.056%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAVE-PERP-INTX | 144.36 | 0.0248 | pay 0.0031% / 1h | 34m 16s | $777K | $3.0M | 50x |
| Short | BloFin AAVE-USDT | 144.32 | 0.0188 | get 0.0188% / 8h | 2h 34m | $3.5M | $5.3M | 100x |
Coinbase International AAVE-PERP-INTX
BloFin AAVE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.56
- Price spread: −0.028% → −0.056%
- $2.83
- Slippage, 4 orders
- −$21.25
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.98
- Costs to cover
- 0.433%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; BloFin: 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 Coinbase International live order book, 5 min ago | 4.16 bp | 14.5 bp −$15 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.35 bp | 8.1 bp −$8 | 16.9 bp −$169 | 32.5 bp −$3,252 | 71.7 bp −$35.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0373% | 1h | 144.36 | 0.000% | $248K | $483K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0194% | 1h | 144.30 | −0.042% | $5K | $299K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.42 | +0.042% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.13 | −0.159% | $4K | $101K | 10x | as long as short |
| ApeX Omni AAVEUSDT | −0.0026% | 1h | 144.08 | −0.194% | $134K | $229K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 144.40 | +0.031% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 144.37 | +0.007% | $71K | $1.6M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 144.42 | +0.043% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 144.46 | +0.072% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.126% | $422 | $51K | 12x | as long as short |
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
01 Exchange AAVEUSD
Phoenix AAVE
ApeX Omni AAVEUSDT
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.34 | −0.011% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0051% | 8h | 144.33 | −0.021% | $17.5M | $65.7M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0055% | 8h | 144.31 | −0.035% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0055% | 8h | 144.35 | −0.007% | $7.7M | $15.8M | 75x | as long as short |
| Binance AAVEUSDT | +0.0067% | 8h | 144.33 | −0.023% | $65.7M | $183.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0068% | 8h | 144.43 | +0.048% | $31.7M | $26.2M | 200x | as long as short |
| Nado AAVE-PERP | +0.0091% | 1h | 144.41 | +0.035% | $801K | $436K | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0093% | 8h | 144.12 | −0.169% | $450K | $4.0M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 144.50 | +0.094% | $4.6M | $1.6M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 144.36 | −0.001% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 144.49 | +0.088% | $180K | $241K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.46 | +0.072% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.45 | +0.062% | $80.2M | $32.9M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.48 | +0.080% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.43 | +0.051% | $329K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.39 | +0.021% | $61.5M | $65.5M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.44 | +0.055% | $50K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.61 | +0.176% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.48 | +0.083% | $10.3M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.35 | −0.007% | $30.1M | $18.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 144.38 | +0.014% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 144.56 | +0.139% | $378K | $702K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.08 | −0.194% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.12 | −0.168% | $100K | $313K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.48 | +0.083% | $126K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.30 | −0.039% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.72 | +0.253% | $726K | $4.9M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.39 | +0.021% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.30 | −0.039% | $928K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDTshort | +0.0188% | 8h | 144.32 | −0.028% | $3.5M | $5.3M | 100x | |
| Coinbase International AAVE-PERP-INTXlong | +0.0248% | 1h | 144.36 | long leg | $777K | $3.0M | 50x | |
| GMX AAVE/USD [AAVE-USDC] | L +0.0266% / S −0.0438% | 1h | 144.39 | +0.021% | $124K | — | 100x | as long as short |
Reya AAVERUSDPERP
OKX AAVE-USDT-SWAP
Orderly PERP_AAVE_USDC
Gate AAVE_USDT
Binance AAVEUSDT
MEXC AAVE_USDT
Nado AAVE-PERP
GRVT AAVE_USDT_Perp
Lighter AAVE
Aevo AAVE-PERP
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
GMX AAVE/USD [AAVE-USDC]