Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h −0.016%

Price spread now: BingX against 01 Exchange+0.118%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BingX is 0.118% dearer against 01 Exchange than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	143.53	−0.0032	get 0.0004% / 1h	8m 48s	$10K	$2K	5x
Short	BingX AAVE-USDT	143.70	0.0100	get 0.0100% / 8h	6h 08m	—	$44.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against 01 Exchange. 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 01 ExchangebpFee BingXbpOrdersPrice spread, now +0.118%Rate

Funding earned: $27.72
Price spread: +0.118% → 0.000%: $11.84
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: $22.56
Costs to cover: 0.170%
Break-even: 1.3 days

Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 15 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell BingX live order book, 15 min ago	0.34 bp	6.8 bp −$7	10.6 bp −$106	21.5 bp −$2,151	60.9 bp −$30.4K

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.120%	$3.4M	$2.0M	50x	as long as short
01 Exchange AAVEUSDlong	−0.0032%	1h	143.53	long leg	$10K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	143.66	+0.088%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.53	0.000%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.62	+0.063%	$244K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.64	+0.079%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	143.77	+0.167%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.577%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.60	+0.049%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.64	+0.077%	$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	143.71	+0.125%	$26.5M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0080%	8h	143.70	+0.115%	$64.8M	$184.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0084%	8h	143.68	+0.105%	$17.2M	$64.3M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	143.61	+0.054%	$199K	$229K	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.89	+0.249%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.69	+0.110%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.60	+0.052%	$799K	$421K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.78	+0.174%	$77.8M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.65	+0.087%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.72	+0.130%	$328K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.69	+0.111%	$61.5M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.77	+0.167%	$44K	$181K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.71	+0.125%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.71	+0.125%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.67	+0.098%	$29.9M	$17.6M	75x	as long as short
BingX AAVE-USDTshort	+0.0100%	8h	143.70	+0.118%	—	$44.1M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.67	+0.098%	$320K	$742K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.96	+0.299%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.97	+0.310%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.00	+0.327%	$450K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.04	+0.355%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.66	+0.091%	$124K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.63	+0.068%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.62	+0.063%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.268%	$697K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.62	+0.063%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.09	+0.394%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.65	+0.087%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.62	+0.066%	$121K	$146	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0250% / S −0.0390%	1h	143.63	+0.070%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.76	+0.857%	$778K	$2.8M	50x	as long as short