AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.72 per $10,000 · paid last 24h +0.041%

Price spread now: BloFin against Gate−0.021%48s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as 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−$520.522% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.021%, 7d avg +0.014%

Together, before fees+0.500%+$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.014%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day). The two prices were read 48 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	Gate AAVE_USDT	144.72	0.0066	pay 0.0066% / 8h	1h 40m	$7.8M	$15.8M	75x
Short	BloFin AAVE-USDT	144.69	0.0138	get 0.0138% / 8h	1h 40m	$3.4M	$4.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $15.2
Price spread: −0.021% → +0.014%: −$3.47
Slippage, 4 orders: −$25.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$40.42
Costs to cover: 0.522%
Break-even: 25.6 days

Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago	1.73 bp	14.8 bp −$15	22.1 bp −$221	46.2 bp −$4,620	52.9 bp −$26.4K
Sell BloFin live order book, 3 min ago	5.53 bp	12.0 bp −$12	19.6 bp −$196	38.9 bp −$3,893	doesn't fit

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 AAVEUSD	−0.0184%	1h	144.62	−0.069%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0077%	1h	144.75	+0.021%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0045%	1h	144.56	−0.111%	$5K	$100K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0026%	1h	144.79	+0.048%	$254K	$480K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.66	−0.038%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.77	+0.035%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.79	+0.050%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.362%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0034%	8h	144.70	−0.014%	$31.1M	$25.7M	200x	as long as short
Binance AAVEUSDT	+0.0035%	8h	144.74	+0.014%	$65.8M	$185.3M	75x	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	144.67	−0.031%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	144.71	−0.009%	$180K	$246K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0048%	8h	144.77	+0.035%	$17.4M	$66.4M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	144.74	+0.014%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	144.84	+0.081%	$3.5M	$2.1M	50x	as long as short
Gate AAVE_USDTlong	+0.0066%	8h	144.72	long leg	$7.8M	$15.8M	75x
Bulk AAVE-USD	+0.0080%	1h	144.69	−0.024%	$61K	$3K	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.81	+0.066%	$122K	$146	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0088%	8h	144.30	−0.291%	$451K	$3.8M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.86	+0.100%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.65	−0.049%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.64	−0.055%	$801K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.80	+0.055%	$79.4M	$33.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.66	−0.042%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.66	−0.041%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.75	+0.021%	$61.5M	$65.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.66	−0.041%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.67	−0.035%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.74	+0.014%	$30.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.75	+0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.77	+0.035%	$382K	$710K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.69	−0.022%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.57	−0.102%	$103K	$314K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.27	−0.311%	$134K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.76	+0.028%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.64	−0.053%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.84	+0.082%	$694K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.64	−0.055%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.72	+0.001%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDTshort	+0.0138%	8h	144.69	−0.021%	$3.4M	$4.6M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	144.80	+0.056%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	144.71	−0.007%	$777K	$3.0M	50x	as long as short