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 0.000%

Price spread now: MEXC against Binance−0.014%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$170.167% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.014%, 7d avg −0.002%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAVEUSDT	141.01	0.0100	pay 0.0100% / 8h	20m 12s	$63.1M	$191.9M	75x
Short	MEXC AAVE_USDT	140.99	0.0100	get 0.0100% / 8h	20m 12s	$23.0M	$24.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.002%: −$1.2
Slippage, 4 orders: −$6.71
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$17.91
Costs to cover: 0.167%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; MEXC: 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 Binance live order book, 8 min ago	0.35 bp	8.0 bp −$8	12.8 bp −$128	50.0 bp −$5,004	doesn't fit
Sell MEXC live order book, 4 min ago	0.35 bp	1.5 bp −$1	6.8 bp −$68	33.2 bp −$3,324	124.1 bp −$62.1K

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
dYdX AAVE-USD	0.0000%	1h	140.80	−0.149%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.00	−0.007%	$45K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	140.97	−0.028%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.01	+0.002%	$78K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.872%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	140.85	−0.112%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0082%	8h	140.91	−0.071%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.14	+0.095%	$4.5M	$2.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	140.86	−0.109%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	140.90	−0.075%	$824K	$399K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	141.06	+0.035%	$77.0M	$37.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	140.99	−0.017%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	140.83	−0.127%	$327K	$391K	10x	as long as short
Binance AAVEUSDTlong	+0.0100%	8h	141.01	long leg	$63.1M	$191.9M	75x
Bybit AAVEUSDT	+0.0100%	8h	140.98	−0.021%	$60.6M	$69.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.00	−0.007%	$16.6M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.02	+0.007%	$91K	$221K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.09	+0.056%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	140.90	−0.078%	$8.0M	$16.6M	75x	as long as short
MEXC AAVE_USDTshort	+0.0100%	8h	140.99	−0.014%	$23.0M	$24.3M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	140.98	−0.021%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.96	−0.036%	$28.6M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	140.97	−0.028%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	140.89	−0.085%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	140.92	−0.066%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	140.94	−0.047%	$443K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	140.98	−0.021%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	140.98	−0.021%	$133K	$483K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	140.81	−0.143%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	140.97	−0.028%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.10	+0.062%	$666K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	140.99	−0.014%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.90	−0.076%	$910K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	140.96	−0.036%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	140.98	−0.024%	$119K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	141.08	+0.050%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	140.82	−0.135%	$3.2M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	140.96	−0.039%	$189K	$292K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0246%	1h	141.12	+0.078%	$384K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.01	−0.002%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	140.81	−0.142%	$750K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0272%	1h	141.03	+0.017%	$3.4M	$2.1M	50x	as long as short