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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.12 per $10,000 · paid last 24h −0.020%
Price spread now: OKX against BingX−0.042%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.042%, 7d avg −0.004%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and OKX is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX AAVE-USDC144.430.0100pay 0.0100% / 8h6h 02m$6.5M
ShortOKX AAVE-USDT-SWAP144.370.0088get 0.0088% / 8h6h 02m$17.3M$64.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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
−$2.43
Price spread: −0.042% → −0.004%
−$3.75
Slippage, 4 orders
−$27.76
Fee BingX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$53.94
Costs to cover
0.478%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 1 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 BingX live order book, 3 min ago0.69 bp14.4 bp −$1436.9 bp −$369223.9 bp −$22.4K638.0 bp −$319.0K
Sell OKX live order book, 1 min ago0.35 bp8.2 bp −$814.8 bp −$14867.6 bp −$6,763doesn't fit

AAVE on 41 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
Kraken Futures PF_AAVEUSD−0.0034%1h144.58+0.101%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0032%1h144.46+0.021%$11K$2K5xas long as short
dYdX AAVE-USD0.0000%1h144.32−0.079%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.33−0.069%$71K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h144.430.000%$245K$370K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.42−0.007%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.47+0.028%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.172%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.36−0.047%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h144.46+0.021%$18K$10K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0087%8h144.36−0.048%$26.6M$25.0M200xas long as short
Binance AAVEUSDT+0.0087%8h144.38−0.035%$65.1M$182.4M75xas long as short
OKX AAVE-USDT-SWAPshort+0.0088%8h144.37−0.042%$17.3M$64.1M50x
RISEx AAVE/USDC+0.0089%1h144.47+0.026%$200K$229K10xas long as short
Lighter AAVE+0.0096%1h144.58+0.105%$4.6M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.39−0.025%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.41−0.017%$803K$415K10xas long as short
Hyperliquid AAVE+0.0100%1h144.49+0.042%$78.2M$35.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.31−0.081%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.39−0.028%$329K$435K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.41−0.014%$61.8M$64.1M75xas long as short
Arcus AAVE-USD+0.0100%1h144.44+0.007%$45K$181K10xas long as short
Gate AAVE_USDT+0.0100%8h144.40−0.021%$7.8M$15.2M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.37−0.042%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.41−0.014%$30.0M$17.3M75xas long as short
BingX AAVE-USDClong+0.0100%8h144.43long leg$6.5M
Backpack AAVE_USDC_PERP+0.0100%1h144.41−0.014%$323K$718K10xas long as short
Variational Omni AAVE+0.0100%8h144.02−0.284%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.83−0.417%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h144.07−0.249%$461K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.85−0.402%$134K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.49+0.042%$126K$421K10xas long as short
SunX AAVE-USDT+0.0100%8h144.42−0.004%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h144.45+0.014%$5K$297K10xas long as short
HTX AAVE-USDT+0.0100%8h144.82+0.273%$701K$5.2M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.39−0.028%$4.1M$3.8M50xas long as short
Bulk AAVE-USD+0.0100%1h144.07−0.253%$58K$2K10xas long as short
Extended AAVE-USD+0.0104%1h144.39−0.028%$917K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h144.45+0.014%$122K$14610xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0253% / S −0.0398%1h144.37−0.039%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.45+0.014%$776K$2.8M50xas long as short