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 −0.016%

Price spread now: Bybit against Aster−0.064%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 7 days+0.068%+$7 · spread now −0.064%, 7d avg −0.020%

Together, before fees−0.030%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.044% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	142.75	0.0100	pay 0.0100% / 8h	3h 11m	$1.2M	$1.2M	50x
Short	Bybit AAVEUSDT	142.66	0.0100	get 0.0100% / 8h	3h 11m	$61.3M	$67.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → −0.020%: −$4.4
Slippage, 4 orders: −$18.83
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.23
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; Bybit: live order book, 3 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 Aster live order book, 2 min ago	3.15 bp	9.9 bp −$10	32.7 bp −$327	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.35 bp	7.6 bp −$8	15.1 bp −$151	58.1 bp −$5,810	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	142.74	−0.007%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.77	+0.013%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.69	−0.043%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.74	−0.010%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0033%	1h	142.75	−0.001%	$831K	$398K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.057%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.19	+0.307%	$4K	$106K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.69	−0.046%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0057%	8h	142.65	−0.071%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0065%	8h	142.71	−0.029%	$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	142.84	+0.062%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.79	+0.028%	$13K	$4K	20x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	142.75	long leg	$1.2M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	142.83	+0.057%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.66	−0.067%	$63.7M	$188.1M	75x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	142.66	−0.064%	$61.3M	$67.8M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.66	−0.064%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.88	+0.090%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.97	+0.153%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.68	−0.050%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.66	−0.064%	$25.8M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.71	−0.029%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.65	−0.071%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.66	−0.064%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.77	+0.013%	$335K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.66	−0.065%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.93	+0.123%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.96	+0.146%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.98	+0.160%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.80	+0.034%	$132K	$450K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.71	−0.031%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.69	−0.043%	$5K	$310K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.90	+0.102%	$684K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.59	−0.110%	$908K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.71	−0.031%	$121K	$146	10x	as long as short
Hyperliquid AAVE	+0.0109%	1h	142.80	+0.034%	$78.1M	$37.1M	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.83	+0.056%	$185K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.67	−0.057%	$3.3M	$3.6M	100x	as long as short
Lighter AAVE	+0.0248%	1h	142.95	+0.138%	$4.5M	$2.4M	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.78	+0.020%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.75	−0.005%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	142.91	+0.111%	$781K	$2.8M	50x	as long as short