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−0.0064%/8h= −7.0% APRnext payment $0.64 per $10,000 · paid last 24h −0.006%
Price spread now: MEXC against Bitget−0.048%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$240.241% 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+0.089%+$9 · spread now −0.048%, 7d avg +0.032%
Together, before fees+0.066%+$7 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 MEXC is 0.080% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAVEUSDT145.160.0100pay 0.0100% / 8h1h 19m$30.3M$18.3M75x
ShortMEXC AAVE_USDT145.090.0036get 0.0036% / 8h1h 19m$30.8M$25.9M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$13.44
Price spread: −0.048% → +0.032%
−$8.04
Slippage, 4 orders
−$12.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$45.53
Costs to cover
0.241%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago0.34 bp9.9 bp −$1016.8 bp −$16862.9 bp −$6,287doesn't fit
Sell MEXC live order book, 4 min ago0.34 bp1.1 bp −$15.7 bp −$5739.4 bp −$3,943118.7 bp −$59.3K

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
01 Exchange AAVEUSD−0.0144%1h145.10−0.041%$11K$2K5xas long as short
Phoenix AAVE−0.0045%1h145.03−0.090%$5K$100K10xas long as short
SoDEX AAVE-USD−0.0040%1h145.01−0.103%$5K$298K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0026%1h145.03−0.090%$255K$465K50xas long as short
dYdX AAVE-USD0.0000%1h145.18+0.014%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.21+0.034%$68K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.14−0.012%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.649%$422$51K12xas long as short
MEXC AAVE_USDTshort+0.0036%8h145.09−0.048%$30.8M$25.9M200x
Binance AAVEUSDT+0.0037%8h145.11−0.034%$66.1M$185.4M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h145.14−0.013%20xas long as short
RISEx AAVE/USDC+0.0046%1h145.16−0.003%$181K$244K10xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h144.98−0.124%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0053%8h145.14−0.014%$17.6M$66.8M50xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h145.17+0.004%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0063%8h145.09−0.048%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.02−0.100%$122K$14610xas long as short
Lighter AAVE+0.0096%1h145.29+0.088%$4.7M$1.6M10xas long as short
GRVT AAVE_USDT_Perp+0.0097%8h145.12−0.030%$458K$3.8M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.07−0.061%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.09−0.052%$803K$437K10xas long as short
Hyperliquid AAVE+0.0100%1h145.22+0.044%$79.8M$33.7M10xas long as short
Aster AAVEUSDT+0.0100%8h145.160.000%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.11−0.033%$331K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.14−0.014%$61.6M$65.7M75xas long as short
Arcus AAVE-USD+0.0100%1h145.12−0.028%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.07−0.059%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.08−0.055%$9.9M$8.6M75xas long as short
Bitget AAVEUSDTlong+0.0100%8h145.16long leg$30.3M$18.3M75x
BingX AAVE-USDC+0.0100%8h145.09−0.048%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.17+0.007%$347K$727K10xas long as short
Variational Omni AAVE+0.0100%8h145.06−0.071%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h145.08−0.054%$104K$316K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.08−0.055%$135K$228K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.21+0.034%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h145.07−0.060%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.25+0.061%$696K$5.0M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.13−0.021%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.08−0.057%$931K$1.7M50xas long as short
BloFin AAVE-USDT+0.0145%8h145.11−0.034%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.14−0.015%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.06−0.069%$787K$3.0M50xas long as short