AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.032%

Price spread now: BloFin against MEXC−0.070%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 4 days (all we have)+0.648%+$65 · spread now −0.070%, 7d avg +0.003%

Together, before fees+0.869%+$87 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.073% cheaper against MEXC than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of +0.003%). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AAVE_USDT	143.21	0.0100	pay 0.0100% / 8h	5h 38m	$25.9M	$23.5M	200x
Short	BloFin AAVE-USDT	143.11	0.0220	get 0.0220% / 8h	5h 38m	$3.4M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee MEXCbpFee BloFinbpOrdersPrice spread, now −0.070%Rate

Funding earned: $25.2
Price spread: −0.070% → +0.003%: −$7.27
Slippage, 4 orders: −$10.41
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$4.48
Costs to cover: 0.224%
Break-even: 8.2 days

Slippage from MEXC: live order book, 10 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 MEXC live order book, 10 min ago	0.35 bp	2.0 bp −$2	4.7 bp −$47	33.2 bp −$3,317	105.5 bp −$52.7K
Sell BloFin live order book, 4 min ago	1.74 bp	11.7 bp −$12	20.7 bp −$207	46.9 bp −$4,693	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	−0.0064%	1h	143.24	+0.021%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.34	+0.092%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.34	+0.091%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.16	−0.035%	$238K	$377K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.20	−0.007%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.364%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.15	−0.042%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.22	+0.007%	—	—	20x	as long as short
Phoenix AAVE	+0.0089%	1h	143.55	+0.237%	$5K	$98K	10x	as long as short
Nado AAVE-PERP	+0.0094%	1h	143.26	+0.033%	$831K	$431K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.33	+0.081%	$4.6M	$1.5M	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0097%	8h	143.34	+0.091%	$17.1M	$63.3M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.27	+0.043%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.29	+0.056%	$77.5M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.25	+0.027%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.33	+0.086%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.28	+0.049%	$64.2M	$182.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.35	+0.098%	$61.3M	$64.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.27	+0.042%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.56	+0.242%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.25	+0.028%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDTlong	+0.0100%	8h	143.21	long leg	$25.9M	$23.5M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	143.29	+0.056%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.23	+0.014%	$30.0M	$17.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.25	+0.028%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.25	+0.028%	$319K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.49	+0.193%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.52	+0.214%	$103K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.78	+0.398%	$456K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.78	+0.398%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.28	+0.049%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.22	+0.008%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.13	−0.056%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.25	+0.025%	$692K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.23	+0.014%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.19	−0.017%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.21	−0.002%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.30	+0.060%	$191K	$233K	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	143.11	−0.070%	$3.4M	$3.5M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.18	−0.023%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.24	+0.023%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.47	+0.182%	$776K	$2.8M	50x	as long as short