AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against Bybit+0.028%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

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

costs, in and out, $10k−$350.349% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 4 days (all we have)+0.217%+$22 · spread now +0.028%, 7d avg +0.016%

Together, before fees+0.481%+$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	142.79	0.0100	pay 0.0100% / 8h	3h 24m	$61.4M	$67.8M	75x
Short	BloFin AAVE-USDT	142.83	0.0220	get 0.0220% / 8h	3h 24m	$3.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $25.2
Price spread: +0.028% → +0.016%: $1.21
Slippage, 4 orders: −$11.93
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$8.52
Costs to cover: 0.349%
Break-even: 9.4 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 9 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 Bybit live order book, 4 min ago	0.35 bp	8.6 bp −$9	14.9 bp −$149	62.6 bp −$6,262	doesn't fit
Sell BloFin live order book, 9 min ago	0.35 bp	8.9 bp −$9	15.7 bp −$157	34.0 bp −$3,400	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
dYdX AAVE-USD	0.0000%	1h	142.88	+0.064%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.96	+0.119%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.82	+0.021%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.88	+0.064%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.083%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.58	+0.553%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0035%	1h	142.74	−0.032%	$834K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.68	−0.075%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	142.85	+0.042%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0060%	8h	142.89	+0.070%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0096%	1h	142.89	+0.070%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.78	−0.006%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.90	+0.078%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.82	+0.024%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.82	+0.018%	$63.8M	$188.6M	75x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	142.79	long leg	$61.4M	$67.8M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.75	−0.028%	$17.0M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.95	+0.112%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.81	+0.014%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.85	+0.042%	$25.5M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.84	+0.035%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.74	−0.035%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.85	+0.042%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.94	+0.105%	$336K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.92	+0.090%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	+0.103%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.34	+0.384%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.00	+0.147%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.84	+0.035%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.96	+0.122%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.83	+0.028%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.88	+0.061%	$683K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	+0.364%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.81	+0.014%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.85	+0.040%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.90	+0.080%	$185K	$251K	10x	as long as short
Lighter AAVE	+0.0152%	1h	143.01	+0.155%	$4.5M	$2.3M	10x	as long as short
Hyperliquid AAVE	+0.0194%	1h	142.90	+0.077%	$78.3M	$36.9M	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	142.83	+0.028%	$3.3M	$3.6M	100x
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.95	+0.109%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.87	+0.053%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.623%	$788K	$2.8M	50x	as long as short