AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.012%

Price spread now: Bybit against OKX−0.007%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.007%, 7d avg −0.006%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAVE-USDT-SWAP	143.92	0.0085	pay 0.0085% / 8h	6h 08m	$17.3M	$64.5M	50x
Short	Bybit AAVEUSDT	143.91	0.0100	get 0.0100% / 8h	6h 08m	$61.6M	$64.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now −0.007%Rate

Funding earned: $3.08
Price spread: −0.007% → −0.006%: −$0.12
Slippage, 4 orders: −$13.76
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$31.8
Costs to cover: 0.348%
Break-even: 79.2 days

Slippage from OKX: live order book, 5 min ago; Bybit: 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 OKX live order book, 5 min ago	0.35 bp	8.2 bp −$8	15.5 bp −$155	98.8 bp −$9,875	doesn't fit
Sell Bybit live order book, 6 min ago	0.35 bp	7.8 bp −$8	15.2 bp −$152	57.2 bp −$5,723	doesn't fit

AAVE on 41 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	−0.0034%	1h	143.70	−0.151%	$3.4M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	143.76	−0.111%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.66	−0.184%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.53	−0.271%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.93	+0.007%	$244K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.94	+0.017%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	143.77	−0.104%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.836%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.80	−0.086%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.92	0.000%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0079%	8h	143.85	−0.049%	$26.5M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0080%	8h	143.97	+0.033%	$64.9M	$184.1M	75x	as long as short
OKX AAVE-USDT-SWAPlong	+0.0085%	8h	143.92	long leg	$17.3M	$64.5M	50x
RISEx AAVE/USDC	+0.0089%	1h	143.80	−0.085%	$199K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.89	−0.023%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.69	−0.161%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.70	−0.153%	$799K	$420K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.89	−0.021%	$77.9M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.67	−0.173%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.72	−0.142%	$328K	$435K	10x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	143.91	−0.007%	$61.6M	$64.5M	75x
Arcus AAVE-USD	+0.0100%	1h	143.77	−0.104%	$44K	$181K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.93	+0.007%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.80	−0.083%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.91	−0.007%	$29.9M	$17.6M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.94	+0.014%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.67	−0.174%	$320K	$742K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.96	+0.028%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.97	+0.038%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.00	+0.055%	$450K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.04	+0.083%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.82	−0.069%	$124K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.94	+0.010%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.92	0.000%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	−0.004%	$697K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.62	−0.208%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.09	+0.122%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.65	−0.185%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.94	+0.017%	$122K	$146	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0250% / S −0.0391%	1h	143.93	+0.009%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.76	+0.584%	$778K	$2.8M	50x	as long as short