AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.030%

Price spread now: BloFin against Bybit+0.028%342s7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.351% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.263%+$26 on $10k

Price spread, last 3 days (all we have)+0.102%+$10 · spread now +0.028%, 7d avg +0.032%

Together, before fees+0.365%+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 342 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	144.49	0.0100	pay 0.0100% / 8h	6h 43m	$61.9M	$65.3M	75x
Short	BloFin AAVE-USDT	144.53	0.0147	get 0.0147% / 8h	6h 43m	$3.4M	$3.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.028%Rate

Funding earned: $9.9
Price spread: +0.028% → +0.032%: −$0.45
Slippage, 4 orders: −$12.14
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.68
Costs to cover: 0.351%
Break-even: 25.2 days

Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago	0.35 bp	8.2 bp −$8	15.2 bp −$152	64.3 bp −$6,431	doesn't fit
Sell BloFin live order book, 5 min ago	0.69 bp	7.0 bp −$7	15.3 bp −$153	43.4 bp −$4,338	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.60	+0.075%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	144.53	+0.028%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0027%	1h	144.43	−0.042%	$251K	$362K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0009%	1h	144.47	−0.014%	$134K	$230K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.61	+0.085%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.15	−0.235%	$65K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.41	−0.053%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.20	−0.201%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.211%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0043%	8h	144.46	−0.021%	$27.5M	$24.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.45	−0.028%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	−0.064%	—	—	20x	as long as short
Binance AAVEUSDT	+0.0044%	8h	144.51	+0.010%	$65.2M	$185.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	144.47	−0.014%	$17.5M	$66.1M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.50	+0.010%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.55	+0.039%	$185K	$232K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.64	+0.102%	$4.6M	$1.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.59	+0.069%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.41	−0.055%	$803K	$429K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.55	+0.042%	$78.5M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.68	+0.130%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.54	+0.036%	$330K	$435K	10x	as long as short
Bybit AAVEUSDTlong	+0.0100%	8h	144.49	long leg	$61.9M	$65.3M	75x
Arcus AAVE-USD	+0.0100%	1h	144.52	+0.021%	$45K	$188K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.035%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.45	−0.028%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.53	+0.028%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.40	−0.062%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.47	−0.014%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.64	+0.104%	$325K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	−0.144%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	−0.079%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.19	−0.208%	$464K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.50	+0.007%	$125K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.42	−0.051%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.49	0.000%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.35	−0.096%	$700K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.51	+0.014%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.44	−0.035%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDTshort	+0.0147%	8h	144.53	+0.028%	$3.4M	$3.5M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.31	−0.124%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.57	+0.055%	$777K	$2.8M	50x	as long as short