Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h +0.037%
Price spread now: BingX against OKX+0.014%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.096%+$10 on $10k
Price spread, last 7 days−0.022%−$2 · spread now +0.014%, 7d avg +0.002%
Together, before fees+0.074%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAVE-USDT-SWAP143.140.0053pay 0.0053% / 8h2h 04m$17.2M$65.7M50x
ShortBingX AAVE-USDT143.160.0100get 0.0100% / 8h2h 04m$44.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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

Funding earned
$9.86
Price spread: +0.014% → +0.002%
$1.17
Slippage, 4 orders
−$6.08
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$15.05
Costs to cover
0.261%
Break-even
17.7 days
Slippage from OKX: live order book, 5 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago0.35 bp8.1 bp −$813.1 bp −$13149.7 bp −$4,970doesn't fit
Sell BingX live order book, 5 min ago0.69 bp5.7 bp −$68.4 bp −$8420.2 bp −$2,01644.7 bp −$22.4K

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0378%1h143.20+0.042%$251K$489K50xas long as short
SoDEX AAVE-USD−0.0148%1h143.140.000%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0104%1h143.140.000%$10K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.10+0.671%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h143.32+0.127%$102K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h143.68+0.377%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h143.25+0.080%$69K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h143.29+0.107%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−4.317%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h143.13−0.004%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0046%8h143.16+0.014%$65.2M$185.3M75xas long as short
MEXC AAVE_USDT+0.0046%8h143.12−0.014%$30.7M$26.5M200xas long as short
Orderly PERP_AAVE_USDC+0.0049%8h143.17+0.021%$18K$12K10xas long as short
OKX AAVE-USDT-SWAPlong+0.0053%8h143.14long leg$17.2M$65.7M50x
Gate AAVE_USDT+0.0061%8h143.16+0.014%$7.7M$16.0M75xas long as short
ApeX Omni AAVEUSDT+0.0062%1h143.74+0.419%$134K$229K50xas long as short
Bulk AAVE-USD+0.0073%1h143.97+0.583%$60K$3K10xas long as short
GRVT AAVE_USDT_Perp+0.0092%8h144.07+0.650%$450K$3.9M10xas long as short
Lighter AAVE+0.0096%1h143.34+0.136%$4.6M$1.7M10xas long as short
Aevo AAVE-PERP+0.0096%1h143.19+0.035%$121K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h143.24+0.073%$178K$247K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h143.29+0.106%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h143.22+0.059%$795K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h143.21+0.049%$78.6M$33.8M10xas long as short
Aster AAVEUSDT+0.0100%8h143.27+0.088%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h143.25+0.080%$326K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h143.18+0.028%$60.9M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h143.21+0.049%$50K$274K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h143.19+0.035%$9.9M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h143.11−0.021%$29.8M$18.2M75xas long as short
BingX AAVE-USDTshort+0.0100%8h143.16+0.014%$44.0M
Backpack AAVE_USDC_PERP+0.0100%1h143.25+0.077%$379K$709K10xas long as short
Variational Omni AAVE+0.0100%8h143.38+0.167%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.06+0.643%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h143.24+0.070%$125K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h143.15+0.003%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h143.25+0.078%$712K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h143.23+0.063%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h143.12−0.011%$919K$1.8M50xas long as short
BloFin AAVE-USDT+0.0166%8h143.30+0.112%$3.4M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h143.44+0.210%$769K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h143.26+0.082%$123K100xas long as short