Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.014%

Price spread now: Extended against Bitget−0.044%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.044%, 7d avg −0.030%

Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AAVEUSDT	144.90	0.0100	pay 0.0100% / 8h	6h 25m	$30.1M	$18.0M	75x
Short	Extended AAVE-USD	144.84	0.0104	get 0.0013% / 1h	25m 03s	$922K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BitgetbpFee ExtendedbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0.84
Price spread: −0.044% → −0.030%: −$1.4
Slippage, 4 orders: −$21.35
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.91
Costs to cover: 0.383%
Break-even: 331.2 days

Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 3 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 Bitget live order book, 4 min ago	0.69 bp	12.5 bp −$13	18.5 bp −$185	64.1 bp −$6,414	doesn't fit
Sell Extended live order book, 3 min ago	4.15 bp	8.1 bp −$8	23.5 bp −$235	doesn't fit	doesn't fit

AAVE on 41 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 AAVEUSD	−0.0056%	1h	144.84	−0.041%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	145.01	+0.079%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.78	−0.086%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.85	−0.035%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.91	+0.007%	$251K	$358K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.89	−0.005%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.65	−0.173%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.480%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.86	−0.030%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.91	+0.007%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0057%	8h	144.92	+0.014%	$27.0M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0058%	8h	144.88	−0.015%	$65.4M	$184.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0075%	8h	144.83	−0.048%	$17.4M	$65.5M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.90	+0.002%	$192K	$225K	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.10	+0.138%	$4.7M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.92	+0.017%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.81	−0.065%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.75	−0.100%	$805K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.97	+0.048%	$78.5M	$35.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.91	+0.004%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.75	−0.104%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.86	−0.028%	$62.0M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.88	−0.014%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.316%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.87	−0.021%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.92	+0.014%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDTlong	+0.0100%	8h	144.90	long leg	$30.1M	$18.0M	75x
BingX AAVE-USDC	+0.0100%	8h	144.85	−0.035%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.97	+0.048%	$323K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.74	−0.110%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.51	−0.267%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.54	−0.250%	$463K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.39	−0.352%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.91	+0.007%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.91	+0.003%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.90	0.000%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.03	+0.091%	$703K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.93	+0.021%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	144.84	−0.044%	$922K	$1.7M	50x
GMX AAVE/USD [AAVE-USDC]	L +0.0240% / S −0.0368%	1h	144.93	+0.019%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.56	−0.235%	$775K	$2.8M	50x	as long as short