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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against Bitget0.000%45s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.202%+$20 on $10k
Price spread, last 3 days (all we have)+0.339%+$34 · spread now 0.000%, 7d avg +0.028%
Together, before fees+0.542%+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.028% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 30 hours of funding at the current rate (+$2 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AAVEUSDT144.420.0100pay 0.0100% / 8h2h 22m$30.1M$18.2M75x
ShortBloFin AAVE-USDT144.420.0176get 0.0176% / 8h2h 22m$3.5M$5.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$15.99
Price spread: 0.000% → +0.028%
−$2.83
Slippage, 4 orders
−$12.68
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.52
Costs to cover
0.367%
Break-even
17.3 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 6 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 Bitget live order book, 1 min ago0.35 bp10.5 bp −$1118.1 bp −$18157.2 bp −$5,721doesn't fit
Sell BloFin live order book, 6 min ago1.04 bp8.6 bp −$912.7 bp −$12730.5 bp −$3,048doesn't fit

AAVE on 42 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
Deribit AAVE_USDC-PERPETUAL−0.0373%1h144.47+0.035%$249K$483K50xas long as short
SoDEX AAVE-USD−0.0190%1h144.40−0.014%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0128%1h144.38−0.028%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.80+0.263%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.47+0.035%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.44+0.014%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.52+0.071%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.53+0.079%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.165%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.45+0.024%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni AAVEUSDT+0.0047%1h144.75+0.229%$135K$229K50xas long as short
OKX AAVE-USDT-SWAP+0.0051%8h144.45+0.021%$17.4M$66.0M50xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h144.41−0.007%$18K$12K10xas long as short
Gate AAVE_USDT+0.0052%8h144.420.000%$7.7M$15.9M75xas long as short
Binance AAVEUSDT+0.0054%8h144.44+0.014%$65.8M$184.4M75xas long as short
MEXC AAVE_USDT+0.0056%8h144.43+0.007%$31.4M$26.3M200xas long as short
Nado AAVE-PERP+0.0091%1h144.34−0.055%$801K$436K10xas long as short
GRVT AAVE_USDT_Perp+0.0092%8h144.76+0.234%$456K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.57+0.107%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.46+0.028%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.42+0.002%$180K$243K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.39−0.018%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.55+0.090%$80.3M$33.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.47+0.034%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.39−0.018%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.47+0.035%$61.4M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.39−0.021%$50K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h144.30−0.085%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.50+0.055%$10.3M$8.6M75xas long as short
Bitget AAVEUSDTlong+0.0100%8h144.42long leg$30.1M$18.2M75x
BingX AAVE-USDC+0.0100%8h144.45+0.021%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.54+0.083%$377K$704K10xas long as short
Variational Omni AAVE+0.0100%8h144.87+0.312%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.67+0.175%$101K$312K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.54+0.083%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.420.000%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.54+0.083%$719K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.41−0.007%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.36−0.043%$932K$1.8M50xas long as short
BloFin AAVE-USDTshort+0.0176%8h144.420.000%$3.5M$5.3M100x
Coinbase International AAVE-PERP-INTX+0.0248%1h144.36−0.042%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.54+0.081%$124K100xas long as short