Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Aster−0.026%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

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

costs, in and out, $10k−$570.569% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days+0.070%+$7 · spread now −0.026%, 7d avg −0.004%

Together, before fees+0.022%+ Points / potential airdropAster: Stage 5 · farm board+$2 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: KuCoin is 0.022% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	141.10	0.0100	pay 0.0100% / 8h	7h 34m	$1.2M	$1.2M	50x
Short	KuCoin AAVEUSDTM	141.06	0.0100	get 0.0100% / 8h	7h 34m	$10.2M	$9.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.004%: −$2.23
Slippage, 4 orders: −$36.92
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$59.15
Costs to cover: 0.569%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 4 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, 3 min ago	3.18 bp	11.3 bp −$11	32.1 bp −$321	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.71 bp	18.4 bp −$18	33.9 bp −$339	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
Deribit AAVE_USDC-PERPETUAL	−0.0104%	1h	141.05	−0.033%	$213K	$392K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.10	+0.004%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.13	+0.023%	$53K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.09	−0.004%	$78K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.932%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	140.99	−0.074%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0089%	8h	141.06	−0.026%	$17K	$8K	10x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	141.23	+0.094%	$10K	$2K	5x	as long as short
Phoenix AAVE	+0.0096%	1h	141.12	+0.016%	$4K	$99K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	140.99	−0.074%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0100%	1h	141.12	+0.013%	$825K	$401K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.20	+0.073%	$77.1M	$37.1M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	141.10	long leg	$1.2M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	141.04	−0.037%	$328K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.02	−0.054%	$63.3M	$191.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.00	−0.069%	$60.8M	$69.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.01	−0.062%	$16.6M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.23	+0.094%	$94K	$225K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.17	+0.049%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.07	−0.019%	$8.1M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.04	−0.040%	$22.7M	$24.1M	200x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	141.06	−0.026%	$10.2M	$9.5M	75x
Bitget AAVEUSDT	+0.0100%	8h	141.02	−0.055%	$28.7M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.03	−0.048%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.05	−0.032%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.14	+0.032%	$109K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.19	+0.066%	$451K	$3.5M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.32	+0.158%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.22	+0.087%	$134K	$474K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.06	−0.023%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.03	−0.048%	$5K	$299K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.15	+0.038%	$664K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.04	−0.040%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.99	−0.073%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.07	−0.021%	$119K	$146	10x	as long as short
Lighter AAVE	+0.0176%	1h	141.26	+0.116%	$4.5M	$2.5M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0178%	1h	141.19	+0.066%	$384K	$732K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0216%	1h	141.02	−0.055%	$751K	$2.7M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.03	−0.048%	$3.2M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0223%	1h	141.22	+0.086%	$171K	$299K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0249%	1h	141.11	+0.009%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.08	−0.011%	$110K	—	100x	as long as short