AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%

Price spread now: BloFin against Binance+0.108%81s7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$11as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.332% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)+0.222%+$22 · spread now +0.108%, 7d avg −0.015%

Together, before fees+0.444%+$44 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.123% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.015%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAVEUSDT	141.70	0.0100	pay 0.0100% / 8h	5h 55m	$63.9M	$162.8M	75x
Short	BloFin AAVE-USDT	141.85	0.0220	get 0.0220% / 8h	5h 55m	$3.3M	$3.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.108%Rate

Funding earned: $25.2
Price spread: +0.108% → −0.015%: $12.26
Slippage, 4 orders: −$11.24
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $4.22
Costs to cover: 0.332%
Break-even: 5.8 days

Slippage from Binance: live order book, 10 min ago; BloFin: 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 Binance live order book, 10 min ago	0.35 bp	7.5 bp −$7	15.3 bp −$153	41.9 bp −$4,185	doesn't fit
Sell BloFin live order book, 6 min ago	0.70 bp	9.2 bp −$9	15.1 bp −$151	34.3 bp −$3,433	doesn't fit

AAVE on 42 exchanges

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
Deribit AAVE_USDC-PERPETUAL	−0.5178%	1h	141.09	−0.429%	$207K	$323K	50x	as long as short
SoDEX AAVE-USD	−0.0106%	1h	141.71	+0.009%	$7K	$242K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.89	+0.134%	$102K	$6K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.77	+0.051%	$45K	$1.3M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.89	+0.133%	$79K	—	150x	as long as short
01 Exchange AAVEUSD	+0.0008%	1h	141.79	+0.065%	$10K	$1K	5x	as long as short
Phemex AAVEUSDT	+0.0012%	8h	141.83	+0.094%	$3.9M	$3.6M	50x	as long as short
Bybit AAVEUSDT	+0.0024%	8h	141.66	−0.026%	$61.3M	$59.9M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.343%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0041%	1h	141.82	+0.087%	$132K	$221K	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	141.75	+0.034%	—	—	20x	as long as short
Phoenix AAVE	+0.0062%	1h	141.94	+0.171%	$4K	$81K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0086%	8h	141.75	+0.037%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.99	+0.209%	$4.6M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.74	+0.032%	$13K	$444	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.72	+0.013%	$815K	$310K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.90	+0.143%	$77.9M	$28.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.80	+0.073%	$1.2M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.89	+0.136%	$346K	$312K	10x	as long as short
Binance AAVEUSDTlong	+0.0100%	8h	141.70	long leg	$63.9M	$162.8M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.62	−0.054%	$16.4M	$52.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.84	+0.101%	$94K	$205K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.74	+0.030%	$8.2M	$13.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.69	−0.005%	$22.0M	$21.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.75	+0.037%	$10.2M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.75	+0.037%	$29.2M	$15.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.70	+0.002%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	141.89	+0.136%	$388K	$601K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	141.71	+0.010%	$3.7M	$692K	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.75	+0.038%	$109K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.85	+0.108%	$453K	$3.2M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.80	+0.073%	$134K	$370K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.76	+0.047%	$2K	$1.1M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.16	+0.328%	$660K	$1.4M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.78	+0.058%	$164K	$106K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.61	−0.060%	$913K	$1.5M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.80	+0.073%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0112%	1h	141.79	+0.068%	$172K	$206K	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	141.85	+0.108%	$3.3M	$3.3M	100x
Coinbase International AAVE-PERP-INTX	+0.0240%	1h	141.86	+0.115%	$752K	$2.2M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0253% / S −0.0360%	1h	141.85	+0.105%	$110K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0306%	1h	141.90	+0.146%	$3.5M	$1.9M	50x	as long as short