Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Bybit against Aster−0.126%7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 7 days+0.107%+$11 · spread now −0.126%, 7d avg −0.022%

Together, before fees+0.008%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.104% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	143.35	0.0100	pay 0.0100% / 8h	5h 38m	$1.3M	$1.2M	50x
Short	Bybit AAVEUSDT	143.17	0.0100	get 0.0100% / 8h	5h 38m	$61.2M	$64.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.126%Rate

Funding earned: $0
Price spread: −0.126% → −0.022%: −$10.37
Slippage, 4 orders: −$20.72
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$50.08
Costs to cover: 0.397%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Bybit: live order book, 5 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 Aster live order book, 5 min ago	4.17 bp	10.6 bp −$11	32.7 bp −$327	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.35 bp	9.8 bp −$10	21.8 bp −$218	71.0 bp −$7,099	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	143.20	−0.105%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.22	−0.089%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.34	−0.007%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.16	−0.133%	$238K	$377K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.20	−0.105%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.458%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.15	−0.140%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.22	−0.090%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0088%	1h	143.13	−0.157%	$830K	$431K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.55	+0.140%	$5K	$98K	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	143.46	+0.077%	$4.6M	$1.5M	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0098%	8h	143.16	−0.133%	$17.1M	$63.2M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.28	−0.047%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.42	+0.049%	$77.6M	$35.3M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	143.35	long leg	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	143.32	−0.024%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.18	−0.121%	$64.2M	$182.8M	75x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	143.17	−0.126%	$61.2M	$64.2M	75x
Arcus AAVE-USD	+0.0100%	1h	143.25	−0.070%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.56	+0.144%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.30	−0.035%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.28	−0.049%	$25.9M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.37	+0.014%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.25	−0.070%	$30.0M	$17.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.28	−0.049%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.25	−0.070%	$319K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.49	+0.096%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.52	+0.116%	$103K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.78	+0.300%	$456K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.78	+0.300%	$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	−0.090%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.13	−0.153%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.25	−0.073%	$692K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.23	−0.084%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.23	−0.083%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.21	−0.100%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.27	−0.058%	$189K	$234K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.11	−0.167%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.18	−0.121%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.24	−0.075%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.47	+0.084%	$776K	$2.8M	50x	as long as short