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 −0.003%

Price spread now: Bitget against BingX+0.035%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.035%, 7d avg −0.019%

Together, before fees−0.079%−$8 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: Bitget is 0.053% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	144.85	0.0100	pay 0.0100% / 8h	6h 25m	—	$6.5M	—
Short	Bitget AAVEUSDT	144.90	0.0100	get 0.0100% / 8h	6h 25m	$30.1M	$18.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → −0.019%: $5.33
Slippage, 4 orders: −$29.22
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$45.89
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Bitget: 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 BingX live order book, 5 min ago	0.69 bp	14.4 bp −$14	33.2 bp −$332	238.0 bp −$23.8K	631.8 bp −$315.9K
Sell Bitget live order book, 4 min ago	0.69 bp	9.3 bp −$9	13.2 bp −$132	33.5 bp −$3,350	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
01 Exchange AAVEUSD	−0.0056%	1h	144.84	−0.007%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	145.01	+0.113%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.78	−0.052%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.85	0.000%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.91	+0.041%	$251K	$358K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.89	+0.030%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.65	−0.138%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.447%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.86	+0.005%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.91	+0.041%	$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	+0.0057%	8h	144.92	+0.048%	$27.0M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0058%	8h	144.88	+0.020%	$65.4M	$184.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0075%	8h	144.83	−0.014%	$17.4M	$65.5M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.90	+0.036%	$192K	$225K	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.10	+0.173%	$4.7M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.92	+0.052%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.81	−0.030%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.75	−0.066%	$805K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.97	+0.083%	$78.5M	$35.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.91	+0.039%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.75	−0.069%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.86	+0.007%	$62.0M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.88	+0.021%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.281%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.87	+0.014%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.92	+0.048%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDTshort	+0.0100%	8h	144.90	+0.035%	$30.1M	$18.0M	75x
BingX AAVE-USDClong	+0.0100%	8h	144.85	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.97	+0.083%	$323K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.74	−0.075%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.51	−0.233%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.54	−0.215%	$463K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.39	−0.318%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.91	+0.041%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.91	+0.038%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.90	+0.035%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.03	+0.126%	$703K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.93	+0.055%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.84	−0.010%	$922K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0240% / S −0.0368%	1h	144.93	+0.054%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.56	−0.200%	$775K	$2.8M	50x	as long as short