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 +0.016%

Price spread now: Aster against Bybit+0.056%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

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

costs, in and out, $10k−$430.431% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.056%, 7d avg +0.020%

Together, before fees+0.038%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	142.91	0.0100	pay 0.0100% / 8h	2h 56m	$61.3M	$68.1M	75x
Short	Aster AAVEUSDT	142.99	0.0100	get 0.0100% / 8h	2h 56m	$1.2M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.056%Rate

Funding earned: $0
Price spread: +0.056% → +0.020%: $3.6
Slippage, 4 orders: −$24.13
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$39.53
Costs to cover: 0.431%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 2 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 Bybit live order book, 3 min ago	0.35 bp	7.4 bp −$7	13.4 bp −$134	59.5 bp −$5,949	doesn't fit
Sell Aster live order book, 2 min ago	4.55 bp	14.3 bp −$14	30.8 bp −$308	doesn't fit	doesn't fit

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
Nado AAVE-PERP	−0.0072%	1h	142.81	−0.073%	$832K	$401K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0030%	1h	143.01	+0.070%	$219K	$390K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.90	−0.005%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.96	+0.035%	$51K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.04	+0.092%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.163%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	142.46	−0.315%	$4K	$106K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.87	−0.030%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0060%	8h	143.05	+0.098%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0073%	8h	143.07	+0.112%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0088%	1h	142.92	+0.007%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.84	−0.046%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.11	+0.140%	$78.2M	$37.1M	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	142.99	+0.056%	$1.2M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	142.88	−0.022%	$327K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.94	+0.022%	$63.9M	$188.7M	75x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	142.91	long leg	$61.3M	$68.1M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.88	−0.021%	$17.1M	$64.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.97	+0.042%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.61	−0.210%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.99	+0.056%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.92	+0.007%	$25.8M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.04	+0.091%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.92	+0.007%	$29.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.00	+0.063%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.00	+0.063%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.43	−0.339%	$104K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.50	−0.288%	$455K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.73	−0.126%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.96	+0.035%	$132K	$451K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.93	+0.014%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.00	+0.063%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.10	+0.134%	$685K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.88	−0.024%	$904K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.06	+0.101%	$121K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0108%	1h	143.07	+0.112%	$336K	$724K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.94	+0.020%	$186K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.09	+0.126%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0237%	1h	143.07	+0.109%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.03	+0.081%	$112K	—	100x	as long as short
Lighter AAVE	+0.0256%	1h	143.23	+0.225%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.04	+0.091%	$786K	$2.8M	50x	as long as short