AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.47 per $10,000 · paid last 24h −0.037%

Price spread now: OKX against BingX−0.021%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$460.456% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 7 days+0.030%+$3 · spread now −0.021%, 7d avg −0.003%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	143.14	0.0100	pay 0.0100% / 8h	2h 03m	—	$6.5M	—
Short	OKX AAVE-USDT-SWAP	143.11	0.0053	get 0.0053% / 8h	2h 03m	$17.2M	$65.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$9.86
Price spread: −0.021% → −0.003%: −$1.77
Slippage, 4 orders: −$25.58
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$57.21
Costs to cover: 0.456%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; OKX: 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 BingX live order book, 2 min ago	0.70 bp	16.3 bp −$16	33.9 bp −$339	232.1 bp −$23.2K	643.8 bp −$321.9K
Sell OKX live order book, 5 min ago	0.35 bp	6.6 bp −$7	15.0 bp −$150	36.7 bp −$3,667	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
Deribit AAVE_USDC-PERPETUAL	−0.0378%	1h	143.20	+0.042%	$251K	$489K	50x	as long as short
SoDEX AAVE-USD	−0.0148%	1h	143.14	0.000%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0104%	1h	143.14	0.000%	$10K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.10	+0.671%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.32	+0.127%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.68	+0.377%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.25	+0.080%	$69K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.29	+0.107%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.317%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.13	−0.004%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0046%	8h	143.11	−0.021%	$65.1M	$185.3M	75x	as long as short
MEXC AAVE_USDT	+0.0046%	8h	143.19	+0.035%	$30.6M	$26.5M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	143.17	+0.021%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAPshort	+0.0053%	8h	143.11	−0.021%	$17.2M	$65.7M	50x
Gate AAVE_USDT	+0.0061%	8h	143.17	+0.021%	$7.7M	$16.0M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0062%	1h	143.74	+0.419%	$134K	$229K	50x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.583%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.07	+0.650%	$450K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.34	+0.136%	$4.6M	$1.7M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.19	+0.035%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.24	+0.073%	$178K	$247K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.29	+0.106%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.22	+0.059%	$795K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.21	+0.049%	$78.6M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.28	+0.095%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.25	+0.080%	$326K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.14	0.000%	$60.9M	$65.5M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.21	+0.049%	$50K	$274K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.16	+0.014%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.14	0.000%	$29.8M	$18.2M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	143.14	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.25	+0.077%	$379K	$709K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	+0.167%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.06	+0.643%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.24	+0.070%	$125K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.15	+0.003%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.25	+0.078%	$712K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.23	+0.063%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.13	−0.004%	$919K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0166%	8h	143.30	+0.112%	$3.4M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.44	+0.210%	$769K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	143.26	+0.082%	$123K	—	100x	as long as short