AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against KuCoin+0.007%80s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as 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−$470.473% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 3 days (all we have)+0.299%+$30 · spread now +0.007%, 7d avg +0.009%

Together, before fees+0.560%+$56 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 80 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	KuCoin AAVEUSDTM	144.41	0.0100	pay 0.0100% / 8h	2h 21m	$10.3M	$8.6M	75x
Short	BloFin AAVE-USDT	144.42	0.0176	get 0.0176% / 8h	2h 21m	$3.5M	$5.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.007%Rate

Funding earned: $15.99
Price spread: +0.007% → +0.009%: −$0.21
Slippage, 4 orders: −$23.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$31.57
Costs to cover: 0.473%
Break-even: 20.8 days

Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 7 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 KuCoin live order book, 1 min ago	1.73 bp	14.4 bp −$14	34.0 bp −$340	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	1.04 bp	8.6 bp −$9	12.7 bp −$127	30.5 bp −$3,048	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
Deribit AAVE_USDC-PERPETUAL	−0.0373%	1h	144.45	+0.028%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0192%	1h	144.41	0.000%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0128%	1h	144.38	−0.021%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.80	+0.270%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.47	+0.042%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.40	−0.007%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.52	+0.078%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.52	+0.078%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.159%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.45	+0.031%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni AAVEUSDT	+0.0047%	1h	144.75	+0.235%	$135K	$229K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.37	−0.028%	$17.4M	$66.0M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	144.41	0.000%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0052%	8h	144.35	−0.042%	$7.7M	$15.9M	75x	as long as short
Binance AAVEUSDT	+0.0054%	8h	144.33	−0.054%	$65.7M	$184.5M	75x	as long as short
MEXC AAVE_USDT	+0.0056%	8h	144.35	−0.042%	$31.3M	$26.3M	200x	as long as short
Nado AAVE-PERP	+0.0091%	1h	144.34	−0.048%	$801K	$436K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.76	+0.241%	$456K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.62	+0.143%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.46	+0.035%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.42	+0.009%	$180K	$243K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.39	−0.012%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.51	+0.069%	$80.3M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.38	−0.020%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.39	−0.011%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.39	−0.014%	$61.4M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.39	−0.014%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.078%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	144.41	long leg	$10.3M	$8.6M	75x
Bitget AAVEUSDT	+0.0100%	8h	144.34	−0.048%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.35	−0.042%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.53	+0.083%	$377K	$704K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.87	+0.318%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.67	+0.181%	$101K	$312K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.54	+0.090%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.44	+0.021%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.75	+0.238%	$720K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.45	+0.028%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.28	−0.090%	$929K	$1.8M	50x	as long as short
BloFin AAVE-USDTshort	+0.0176%	8h	144.42	+0.007%	$3.5M	$5.3M	100x
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.035%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.54	+0.088%	$124K	—	100x	as long as short