AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.031%

Price spread now: BloFin against GRVT−0.300%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on GRVT Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$21 on $10k

Price spread, last 3 days (all we have)+0.434%+$43 · spread now −0.300%, 7d avg +0.024%

Together, before fees+0.649%+ Points / potential airdropGRVT: Active · farm board+$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.324% cheaper against GRVT than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.215%, 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	GRVT AAVE_USDT_Perp	146.48	0.0100	pay 0.0100% / 8h	7h 17m	$464K	$3.7M	10x
Short	BloFin AAVE-USDT	146.04	0.0088	get 0.0088% / 8h	7h 17m	$3.5M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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 GRVTbpFee BloFinbpOrdersPrice spread, now −0.300%Rate

Funding earned: −$2.45
Price spread: −0.300% → +0.024%: −$32.4
Slippage, 4 orders: −$15.71
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$71.56
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; BloFin: 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 GRVT live order book, 2 min ago	0.34 bp	6.7 bp −$7	28.1 bp −$281	33117.9 bp −$3.31M	doesn't fit
Sell BloFin live order book, 6 min ago	1.71 bp	10.5 bp −$11	18.7 bp −$187	35.8 bp −$3,578	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.18	−0.208%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0160%	1h	146.11	−0.253%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0097%	1h	146.04	−0.300%	$5K	$305K	10x	as long as short
Phemex AAVEUSDT	−0.0048%	8h	146.10	−0.259%	$4.2M	$3.8M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.08	−0.273%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.19	−0.199%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.17	−0.212%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.33	−0.102%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.12	−0.246%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0021%	8h	146.11	−0.253%	$28.9M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0022%	8h	146.23	−0.171%	$66.2M	$183.5M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.499%	$422	$51K	12x	as long as short
Gate AAVE_USDT	+0.0036%	8h	146.15	−0.225%	$7.9M	$15.3M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.04	−0.299%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	146.04	−0.300%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	146.22	−0.177%	$17.9M	$66.4M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0074%	1h	146.56	+0.055%	$136K	$231K	50x	as long as short
Bybit AAVEUSDT	+0.0086%	8h	146.21	−0.184%	$62.6M	$65.0M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.12	−0.247%	$123K	$146	10x	as long as short
BloFin AAVE-USDTshort	+0.0088%	8h	146.04	−0.300%	$3.5M	$3.5M	100x
Lighter AAVE	+0.0096%	1h	146.27	−0.145%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.12	−0.244%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.19	−0.195%	$799K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.28	−0.137%	$79.7M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.06	−0.285%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.18	−0.204%	$334K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.19	−0.198%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.473%	$59K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.16	−0.218%	$11.1M	$9.0M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.09	−0.266%	$30.3M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.11	−0.253%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.21	−0.184%	$334K	$735K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.44	−0.027%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.46	−0.011%	$106K	$317K	20x	as long as short
GRVT AAVE_USDT_Perplong	+0.0100%	8h	146.48	long leg	$464K	$3.7M	10x
Polymarket Perps AAVE-USD	+0.0100%	1h	146.22	−0.177%	$127K	$416K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.13	−0.236%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.43	−0.032%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.00	−0.325%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.21	−0.182%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.10	−0.258%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.41	−0.048%	$785K	$2.9M	50x	as long as short