AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.050%

Price spread now: Bybit against BloFin−0.007%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.279%−$28 on $10k

Price spread, last 3 days (all we have)−0.361%−$36 · spread now −0.007%, 7d avg −0.032%

Together, before fees−0.640%−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.025% dearer against BloFin than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.032%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AAVE-USDT	143.40	0.0167	pay 0.0167% / 8h	2h 06m	$3.4M	$5.3M	100x
Short	Bybit AAVEUSDT	143.39	0.0100	get 0.0100% / 8h	2h 06m	$61.0M	$65.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$14.17
Price spread: −0.007% → −0.032%: $2.51
Slippage, 4 orders: −$13.1
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$47.75
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from BloFin: live order book, 12 min ago; Bybit: 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 BloFin live order book, 12 min ago	0.35 bp	7.9 bp −$8	11.6 bp −$116	26.9 bp −$2,691	doesn't fit
Sell Bybit live order book, 2 min ago	0.35 bp	9.3 bp −$9	16.1 bp −$161	55.9 bp −$5,587	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	−0.0377%	1h	143.45	+0.035%	$252K	$494K	50x	as long as short
SoDEX AAVE-USD	−0.0136%	1h	143.37	−0.021%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0096%	1h	143.92	+0.363%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.10	+0.488%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.54	+0.101%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.83	+0.300%	$70K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.70	+0.210%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.52	+0.085%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.491%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.62	+0.151%	—	—	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	+0.0047%	8h	143.38	−0.014%	$65.3M	$185.2M	75x	as long as short
MEXC AAVE_USDT	+0.0048%	8h	143.42	+0.014%	$30.9M	$26.4M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.41	+0.007%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0055%	8h	143.39	−0.007%	$17.3M	$65.8M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0056%	1h	144.02	+0.432%	$134K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	143.47	+0.049%	$7.7M	$16.0M	75x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.401%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.07	+0.467%	$450K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.56	+0.114%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.45	+0.034%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.91	+0.354%	$179K	$245K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.86	+0.321%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.73	+0.228%	$797K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.50	+0.070%	$79.3M	$33.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.47	+0.049%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.93	+0.371%	$328K	$505K	10x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	143.39	−0.007%	$61.0M	$65.5M	75x
Arcus AAVE-USD	+0.0100%	1h	143.88	+0.335%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.50	+0.070%	$10.2M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.34	−0.042%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.46	+0.042%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.52	+0.084%	$379K	$709K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.01	+0.426%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.06	+0.460%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.76	+0.251%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.39	−0.010%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	+0.103%	$714K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.53	+0.091%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.40	−0.002%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDTlong	+0.0167%	8h	143.40	long leg	$3.4M	$5.3M	100x
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.91	+0.356%	$770K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	143.68	+0.196%	$124K	—	100x	as long as short