Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.57 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against Bitget−0.062%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 7 days+0.115%+$11 · spread now −0.062%, 7d avg +0.036%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.097% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAVEUSDT146.320.0100pay 0.0100% / 8h52m 15s$30.6M$18.2M75x
ShortBinance AAVEUSDT146.230.0043get 0.0043% / 8h52m 15s$66.6M$185.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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

Funding earned
−$12.07
Price spread: −0.062% → +0.036%
−$9.71
Slippage, 4 orders
−$13.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$57.76
Costs to cover
0.360%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.02 bp12.0 bp −$1216.7 bp −$16730.5 bp −$3,052doesn't fit
Sell Binance live order book, 6 min ago0.34 bp6.5 bp −$715.0 bp −$15043.0 bp −$4,305168.5 bp −$84.3K

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0092%1h146.24−0.055%$256K$412K50xas long as short
SoDEX AAVE-USD−0.0041%1h146.23−0.062%$5K$298K10xas long as short
Phoenix AAVE−0.0027%1h146.30−0.014%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h146.29−0.021%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.320.000%$83K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.320.000%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.24−0.053%$71K150xas long as short
01 Exchange AAVEUSD+0.0016%1h146.30−0.014%$11K$2K5xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.397%$422$51K12xas long as short
MEXC AAVE_USDT+0.0042%8h146.26−0.041%$31.0M$25.6M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDTshort+0.0043%8h146.23−0.062%$66.6M$185.1M75x
Reya AAVERUSDPERP+0.0044%1h146.21−0.078%20xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h146.21−0.075%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0070%8h146.26−0.041%$17.9M$67.6M50xas long as short
Gate AAVE_USDT+0.0076%8h146.27−0.034%$7.9M$15.8M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.26−0.041%$124K$14610xas long as short
Lighter AAVE+0.0096%1h146.46+0.097%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.20−0.081%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.23−0.062%$809K$438K10xas long as short
Aster AAVEUSDT+0.0100%8h146.31−0.009%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.23−0.060%$334K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.23−0.062%$62.3M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.25−0.048%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.362%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.26−0.041%$10.0M$8.6M75xas long as short
Bitget AAVEUSDTlong+0.0100%8h146.32long leg$30.6M$18.2M75x
BingX AAVE-USDT+0.0100%8h146.320.000%$43.9Mas long as short
Variational Omni AAVE+0.0100%8h146.32−0.003%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.32+0.003%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.39+0.050%$462K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.22−0.068%$136K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.28−0.027%$128K$466K10xas long as short
SunX AAVE-USDT+0.0100%8h146.19−0.088%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.28−0.029%$700K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.25−0.048%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.20−0.084%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.29−0.024%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0163%8h146.25−0.048%$3.5M$4.0M100xas long as short
Hyperliquid AAVE+0.0189%1h146.46+0.096%$80.9M$34.3M10xas long as short
Backpack AAVE_USDC_PERP+0.0245%1h146.38+0.041%$353K$733K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.26−0.041%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.43+0.075%$795K$3.0M50xas long as short