Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.009%

Price spread now: 01 Exchange against BingX+0.007%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BingX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDT	141.89	0.0100	pay 0.0100% / 8h	4h 41m	—	$44.0M	—
Short	01 Exchange AAVEUSD	141.90	−0.0168	pay 0.0021% / 1h	41m 34s	$10K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee BingXbpFee 01 ExchangebpOrdersPrice spread, now +0.007%Rate

Funding earned: −$56.28
Price spread: +0.007% → 0.000%: $0.7
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$72.58
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 12 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 BingX live order book, 12 min ago	0.35 bp	5.4 bp −$5	7.3 bp −$73	16.4 bp −$1,640	44.6 bp −$22.3K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSDshort	−0.0168%	1h	141.90	+0.007%	$10K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	141.99	+0.074%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.96	+0.049%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.02	+0.092%	$220K	$399K	50x	as long as short
SoDEX AAVE-USD	+0.0002%	1h	142.02	+0.092%	$5K	$299K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.05	+0.115%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.475%	$422	$51K	12x	as long as short
Nado AAVE-PERP	+0.0043%	1h	141.89	+0.004%	$841K	$447K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.88	−0.007%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	142.02	+0.092%	$18K	$10K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0056%	1h	142.04	+0.106%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.97	+0.056%	$4.5M	$1.9M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.88	−0.006%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.05	+0.113%	$76.6M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.04	+0.107%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.94	+0.035%	$323K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.92	+0.021%	$63.4M	$185.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.90	+0.007%	$60.7M	$66.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.91	+0.014%	$17.0M	$63.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.01	+0.085%	$63K	$204K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.12	+0.162%	$57K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.92	+0.021%	$8.0M	$15.7M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.91	+0.014%	$25.0M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.92	+0.021%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.82	−0.049%	$28.9M	$18.3M	75x	as long as short
BingX AAVE-USDTlong	+0.0100%	8h	141.89	long leg	—	$44.0M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.07	+0.127%	$337K	$715K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.05	+0.112%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.18	+0.206%	$102K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.11	+0.155%	$449K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.11	+0.155%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.94	+0.035%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.94	+0.035%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.10	+0.145%	$684K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.97	+0.056%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.84	−0.037%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.05	+0.113%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	141.95	+0.042%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.12	+0.162%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.04	+0.106%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0326%	1h	142.12	+0.159%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.20	+0.218%	$783K	$2.8M	50x	as long as short