Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0117%/8hnext payment +$1.17 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against Bitget+0.041%55s7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as 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−$370.370% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now +0.041%, 7d avg +0.031%

Together, before fees+0.291%+$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 55 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	Bitget AAVEUSDT	144.61	0.0100	pay 0.0100% / 8h	4h 06m	$30.0M	$16.8M	75x
Short	BloFin AAVE-USDT	144.67	0.0217	get 0.0217% / 8h	4h 06m	$3.5M	$5.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.041%Rate

Funding earned: $24.53
Price spread: +0.041% → +0.031%: $1.07
Slippage, 4 orders: −$13.05
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.44
Costs to cover: 0.370%
Break-even: 10.3 days

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 2 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 Bitget live order book, 2 min ago	0.69 bp	10.1 bp −$10	15.5 bp −$155	61.0 bp −$6,103	doesn't fit
Sell BloFin live order book, 2 min ago	1.04 bp	9.0 bp −$9	15.7 bp −$157	33.9 bp −$3,385	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
SoDEX AAVE-USD	−0.0149%	1h	144.59	−0.014%	$5K	$281K	10x	as long as short
01 Exchange AAVEUSD	−0.0024%	1h	144.72	+0.076%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.76	+0.104%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.71	+0.069%	$54K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	144.80	+0.131%	$4K	$92K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.71	+0.069%	$210K	$379K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.70	+0.062%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.290%	$422	$51K	12x	as long as short
OKX AAVE-USDT-SWAP	+0.0042%	8h	144.58	−0.021%	$18.1M	$63.1M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.60	−0.009%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0069%	8h	144.62	+0.007%	$18K	$12K	10x	as long as short
Bulk AAVE-USD	+0.0081%	1h	144.48	−0.090%	$61K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0094%	8h	144.62	+0.007%	$7.8M	$14.3M	75x	as long as short
Variational Omni AAVE	+0.0094%	8h	144.67	+0.044%	$3.8M	$1.3M	—	as long as short
Lighter AAVE	+0.0096%	1h	144.86	+0.173%	$4.7M	$1.6M	10x	as long as short
MEXC AAVE_USDT	+0.0096%	8h	144.63	+0.014%	$32.8M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0098%	8h	144.61	0.000%	$65.4M	$173.2M	75x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.59	−0.014%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.65	+0.024%	$825K	$428K	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.71	+0.067%	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.68	+0.049%	$338K	$482K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.58	−0.021%	$61.4M	$61.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.67	+0.041%	$61K	$382K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.68	+0.048%	$10.3M	$8.4M	75x	as long as short
Bitget AAVEUSDTlong	+0.0100%	8h	144.61	long leg	$30.0M	$16.8M	75x
BingX AAVE-USDC	+0.0100%	8h	144.61	0.000%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.78	+0.118%	$331K	$589K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.62	+0.010%	$98K	$311K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.69	+0.054%	$453K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.72	+0.076%	$135K	$235K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.70	+0.062%	$130K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.58	−0.023%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.74	+0.090%	$737K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.62	+0.007%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.59	−0.014%	$928K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.69	+0.052%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0105%	1h	144.69	+0.055%	$188K	$236K	10x	as long as short
Hyperliquid AAVE	+0.0153%	1h	144.83	+0.152%	$81.3M	$28.8M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0208%	1h	144.73	+0.083%	$747K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0210%	1h	144.72	+0.076%	$3.5M	$2.2M	50x	as long as short
BloFin AAVE-USDTshort	+0.0217%	8h	144.67	+0.041%	$3.5M	$5.3M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0451%	1h	144.69	+0.057%	$127K	—	100x	as long as short