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−0.0069%/8h= −7.5% APRnext payment $0.69 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against BloFin+0.139%65s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.380% of the position
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)−0.478%−$48 · spread now +0.139%, 7d avg −0.028%
Together, before fees−0.680%−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.167% dearer against BloFin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.028%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.1 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAVE-USDT144.050.0169pay 0.0169% / 8h2h 10m$3.5M$5.3M100x
ShortBitget AAVEUSDT144.250.0100get 0.0100% / 8h2h 10m$30.1M$18.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$14.4
Price spread: +0.139% → −0.028%
$16.71
Slippage, 4 orders
−$14.04
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$35.73
Costs to cover
0.380%
Break-even
never at this rate
Slippage from BloFin: live order book, 8 min ago; Bitget: live order book, 9 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 BloFin live order book, 8 min ago0.35 bp7.9 bp −$811.6 bp −$11626.9 bp −$2,691doesn't fit
Sell Bitget live order book, 9 min ago1.73 bp10.8 bp −$1116.5 bp −$16543.3 bp −$4,328doesn't fit

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−0.0304%1h144.30+0.174%$253K$494K50xas long as short
SoDEX AAVE-USD−0.0141%1h144.26+0.146%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0104%1h144.36+0.215%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.39+0.236%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.29+0.170%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.19+0.097%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.38+0.232%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.33+0.195%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.922%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.29+0.169%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0048%8h144.26+0.146%$31.2M$26.4M200xas long as short
Binance AAVEUSDT+0.0049%8h144.25+0.136%$65.7M$184.8M75xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.29+0.167%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0053%8h144.12+0.049%$17.4M$66.0M50xas long as short
Gate AAVE_USDT+0.0060%8h144.31+0.180%$7.8M$15.9M75xas long as short
Bulk AAVE-USD+0.0073%1h143.97−0.052%$60K$3K10xas long as short
ApeX Omni AAVEUSDT+0.0079%1h144.26+0.146%$134K$230K50xas long as short
GRVT AAVE_USDT_Perp+0.0090%8h144.17+0.083%$451K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.42+0.256%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.32+0.187%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.34+0.199%$180K$245K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.23+0.125%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.25+0.135%$800K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.44+0.271%$80.3M$33.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.30+0.171%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.26+0.144%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.19+0.097%$61.3M$65.5M75xas long as short
Arcus AAVE-USD+0.0100%1h144.29+0.167%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.33+0.194%$10.2M$8.6M75xas long as short
Bitget AAVEUSDTshort+0.0100%8h144.25+0.139%$30.1M$18.2M75x
BingX AAVE-USDC+0.0100%8h144.14+0.062%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.28+0.160%$381K$707K10xas long as short
Variational Omni AAVE+0.0100%8h144.01−0.027%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.28+0.158%$101K$315K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.40+0.243%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.27+0.151%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.43+0.260%$718K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.25+0.139%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.26+0.145%$924K$1.8M50xas long as short
BloFin AAVE-USDTlong+0.0169%8h144.05long leg$3.5M$5.3M100x
Coinbase International AAVE-PERP-INTX+0.0248%1h144.51+0.319%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.36+0.217%$124K100xas long as short