Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.006%
Price spread now: Bitget against MEXC−0.041%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days+0.012%+$1 · spread now −0.041%, 7d avg −0.031%
Together, before fees+0.035%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC AAVE_USDT146.190.0039pay 0.0039% / 8h32m 08s$30.5M$25.8M200x
ShortBitget AAVEUSDT146.130.0100get 0.0100% / 8h32m 08s$30.4M$18.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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

Funding earned
$12.81
Price spread: −0.041% → −0.031%
−$0.98
Slippage, 4 orders
−$10.48
Fee MEXC: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$10.65
Costs to cover
0.225%
Break-even
12.8 days
Slippage from MEXC: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago0.34 bp1.9 bp −$25.0 bp −$5024.5 bp −$2,451120.5 bp −$60.2K
Sell Bitget live order book, 2 min ago0.34 bp10.2 bp −$1015.9 bp −$15951.4 bp −$5,140doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0160%1h146.21+0.014%$255K$394K50xas long as short
SoDEX AAVE-USD−0.0071%1h146.190.000%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h146.03−0.109%$5K$99K10xas long as short
01 Exchange AAVEUSD−0.0008%1h146.30+0.075%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h146.26+0.048%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.10−0.062%$84K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.30+0.073%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.26+0.051%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.314%$422$51K12xas long as short
MEXC AAVE_USDTlong+0.0039%8h146.19long leg$30.5M$25.8M200x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0041%8h146.19+0.001%$66.6M$185.9M75xas long as short
Reya AAVERUSDPERP+0.0044%1h146.17−0.015%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h146.20+0.007%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h146.190.000%$18.0M$67.8M50xas long as short
Gate AAVE_USDT+0.0080%8h146.25+0.041%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.23+0.027%$124K$14610xas long as short
Lighter AAVE+0.0096%1h146.42+0.157%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.29+0.071%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.18−0.007%$804K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h146.38+0.130%$80.7M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h146.26+0.048%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.31+0.081%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.24+0.034%$62.4M$65.9M75xas long as short
Arcus AAVE-USD+0.0100%1h146.30+0.075%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.88−0.212%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.24+0.034%$10.0M$8.6M75xas long as short
Bitget AAVEUSDTshort+0.0100%8h146.13−0.041%$30.4M$18.3M75x
BingX AAVE-USDC+0.0100%8h146.26+0.048%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.30+0.075%$348K$745K10xas long as short
Variational Omni AAVE+0.0100%8h146.13−0.042%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.68−0.348%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.69−0.341%$461K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.11−0.055%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.32+0.089%$128K$456K10xas long as short
SunX AAVE-USDT+0.0100%8h146.17−0.012%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.35+0.108%$699K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.190.000%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.15−0.024%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.34+0.105%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0157%8h146.26+0.048%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.26+0.046%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.33+0.096%$788K$3.0M50xas long as short