Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: KuCoin against Bybit+0.007%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.007%, 7d avg +0.016%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	144.74	0.0100	pay 0.0100% / 8h	4h 25m	$61.6M	$61.9M	75x
Short	KuCoin AAVEUSDTM	144.75	0.0100	get 0.0100% / 8h	4h 25m	$10.3M	$8.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → +0.016%: −$0.9
Slippage, 4 orders: −$22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$45.91
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Bybit: live order book, 8 min ago; KuCoin: live order book, 7 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, 8 min ago	0.35 bp	7.5 bp −$7	15.5 bp −$155	58.8 bp −$5,876	doesn't fit
Sell KuCoin live order book, 7 min ago	1.73 bp	13.8 bp −$14	37.4 bp −$374	doesn't fit	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	−0.0125%	1h	144.59	−0.104%	$5K	$281K	10x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	144.40	−0.235%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.43	−0.217%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.34	−0.276%	$60K	$1.4M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	144.44	−0.207%	$4K	$92K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.69	−0.035%	$195K	$364K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.61	−0.089%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.375%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.36	−0.260%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0048%	8h	144.74	0.000%	$18.0M	$63.3M	50x	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	144.59	−0.104%	$18K	$12K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0082%	1h	143.95	−0.546%	$134K	$236K	50x	as long as short
Lighter AAVE	+0.0096%	1h	144.93	+0.130%	$4.7M	$1.6M	10x	as long as short
Gate AAVE_USDT	+0.0098%	8h	144.80	+0.041%	$7.8M	$14.2M	75x	as long as short
Variational Omni AAVE	+0.0099%	8h	144.27	−0.322%	$3.8M	$1.3M	—	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.41	−0.228%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.36	−0.263%	$822K	$427K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.06	+0.221%	$81.2M	$29.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.54	−0.137%	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.45	−0.198%	$337K	$474K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.73	−0.007%	$65.4M	$173.1M	75x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	144.74	long leg	$61.6M	$61.9M	75x
Arcus AAVE-USD	+0.0100%	1h	144.44	−0.207%	$61K	$382K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.97	−0.532%	$60K	$2K	10x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	144.73	−0.007%	$33.2M	$24.8M	200x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	144.75	+0.007%	$10.3M	$8.5M	75x
Bitget AAVEUSDT	+0.0100%	8h	144.80	+0.041%	$30.1M	$16.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.82	+0.055%	—	$42.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.83	+0.062%	$332K	$590K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.30	−0.301%	$98K	$310K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.97	−0.530%	$452K	$3.8M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.46	−0.193%	$130K	$465K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.36	−0.263%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.98	+0.167%	$711K	$4.7M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.74	0.000%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.58	−0.110%	$923K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.65	−0.062%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0105%	1h	144.44	−0.206%	$188K	$237K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0208%	1h	144.51	−0.159%	$745K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0210%	1h	144.80	+0.041%	$3.5M	$2.1M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.60	−0.097%	$3.5M	$5.3M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0451%	1h	144.56	−0.125%	$127K	—	100x	as long as short