Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: BingX against Gate−0.014%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$580.584% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.014%, 7d avg −0.004%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	146.54	0.0100	pay 0.0100% / 8h	7h 09m	$7.9M	$15.3M	75x
Short	BingX AAVE-USDC	146.52	0.0100	get 0.0100% / 8h	7h 09m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.004%: −$0.93
Slippage, 4 orders: −$33.44
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$59.37
Costs to cover: 0.584%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; BingX: live order book, 11 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 Gate live order book, 4 min ago	0.34 bp	15.3 bp −$15	26.4 bp −$264	43.7 bp −$4,369	49.8 bp −$24.9K
Sell BingX live order book, 11 min ago	0.68 bp	14.4 bp −$14	39.1 bp −$391	232.3 bp −$23.2K	658.1 bp −$329.1K

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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.51	−0.018%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0144%	1h	146.46	−0.055%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0071%	1h	146.38	−0.109%	$5K	$295K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0023%	1h	146.47	−0.048%	$255K	$367K	50x	as long as short
Phemex AAVEUSDT	−0.0019%	8h	146.42	−0.082%	$4.2M	$3.8M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.48	−0.041%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.46	−0.055%	$79K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.55	+0.007%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.56	+0.014%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0024%	8h	146.53	−0.007%	$28.7M	$25.9M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0025%	8h	146.51	−0.021%	$66.3M	$183.2M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.537%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.47	−0.046%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	146.49	−0.034%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0047%	1h	146.25	−0.198%	$136K	$231K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0065%	8h	146.51	−0.020%	$17.9M	$66.3M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.47	−0.044%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.70	+0.106%	$4.7M	$1.5M	10x	as long as short
BloFin AAVE-USDT	+0.0096%	8h	146.30	−0.164%	$3.5M	$3.5M	100x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.60	+0.038%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.41	−0.085%	$801K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.66	+0.082%	$79.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.55	+0.007%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.54	0.000%	$335K	$469K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.52	−0.014%	$62.8M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.55	+0.007%	$46K	$275K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.514%	$59K	$2K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	146.54	long leg	$7.9M	$15.3M	75x
KuCoin AAVEUSDTM	+0.0100%	8h	146.59	+0.034%	$11.1M	$9.0M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.46	−0.055%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDCshort	+0.0100%	8h	146.52	−0.014%	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.55	+0.007%	$331K	$739K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.27	−0.184%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.26	−0.188%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.39	−0.103%	$466K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.55	+0.007%	$127K	$416K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.46	−0.055%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.75	+0.143%	$714K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.51	−0.023%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.57	+0.023%	$185K	$245K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.55	+0.007%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.67	+0.089%	$787K	$2.9M	50x	as long as short