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 +0.032%

Price spread now: BloFin against MEXC−0.070%64s7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs+$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$170.171% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.070%, 7d avg −0.012%

Together, before fees+0.510%+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.058% cheaper against MEXC than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.012%). If the spread goes back, that is −$6 on $10k: about 39 hours of funding at the current rate (+$4 a day). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AAVE_USDT	143.77	0.0100	pay 0.0100% / 8h	3h 48m	$25.0M	$23.7M	200x
Short	BloFin AAVE-USDT	143.67	0.0220	get 0.0220% / 8h	3h 48m	$3.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.070%Rate

Funding earned: $25.2
Price spread: −0.070% → −0.012%: −$5.79
Slippage, 4 orders: −$5.06
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $2.35
Costs to cover: 0.171%
Break-even: 6.3 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 5 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 MEXC live order book, 1 min ago	0.35 bp	2.1 bp −$2	6.4 bp −$64	31.4 bp −$3,142	106.0 bp −$53.0K
Sell BloFin live order book, 5 min ago	0.35 bp	6.3 bp −$6	11.8 bp −$118	34.6 bp −$3,458	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	143.75	−0.016%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.71	−0.042%	$54K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.74	−0.021%	$220K	$402K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.77	0.000%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.737%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.92	+0.104%	$4K	$106K	10x	as long as short
Phemex AAVEUSDT	+0.0040%	8h	143.76	−0.007%	$4.0M	$3.6M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.78	+0.005%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0049%	1h	143.87	+0.066%	$846K	$395K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	143.74	−0.021%	$18K	$10K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.92	+0.102%	$4.6M	$2.1M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.82	+0.037%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.82	+0.032%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.78	+0.010%	$329K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.82	+0.035%	$64.3M	$188.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.81	+0.028%	$61.9M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.82	+0.035%	$17.2M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.89	+0.083%	$64K	$200K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.81	+0.028%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.78	+0.007%	$8.1M	$16.0M	75x	as long as short
MEXC AAVE_USDTlong	+0.0100%	8h	143.77	long leg	$25.0M	$23.7M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	143.81	+0.028%	$10.6M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.72	−0.035%	$29.3M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.76	−0.007%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.84	+0.049%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.82	+0.035%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.88	+0.076%	$458K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.84	+0.049%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.90	+0.090%	$128K	$444K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.75	−0.016%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.75	−0.014%	$5K	$315K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.98	+0.148%	$693K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.73	−0.031%	$909K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.77	−0.001%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	143.76	−0.007%	$11K	$2K	5x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.84	+0.047%	$186K	$251K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0155%	1h	143.88	+0.077%	$338K	$720K	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	143.67	−0.070%	$3.3M	$3.6M	100x
Kraken Futures PF_AAVEUSD	+0.0246%	1h	143.85	+0.058%	$3.5M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.77	+0.002%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.93	+0.111%	$789K	$2.8M	50x	as long as short
Hyperliquid AAVE	+0.0401%	1h	143.97	+0.136%	$79.2M	$36.7M	10x	as long as short