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 +0.005%

Price spread now: BingX against Gate+0.014%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.468% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.014%, 7d avg −0.005%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	143.40	0.0100	pay 0.0100% / 8h	2h 16m	$8.0M	$16.2M	75x
Short	BingX AAVE-USDT	143.42	0.0100	get 0.0100% / 8h	2h 16m	—	$43.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.005%: $1.94
Slippage, 4 orders: −$21.83
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$44.89
Costs to cover: 0.468%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; BingX: live order book, 7 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 Gate live order book, 2 min ago	1.39 bp	13.4 bp −$13	28.3 bp −$283	39.0 bp −$3,902	43.8 bp −$21.9K
Sell BingX live order book, 7 min ago	2.11 bp	9.5 bp −$9	12.9 bp −$129	24.2 bp −$2,416	48.2 bp −$24.1K

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
dYdX AAVE-USD	0.0000%	1h	143.46	+0.045%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.42	+0.014%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.47	+0.049%	$218K	$394K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.45	+0.033%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0021%	1h	143.47	+0.052%	$839K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.491%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.44	+0.026%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0071%	8h	143.47	+0.049%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0095%	8h	143.44	+0.028%	$4.0M	$3.6M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.41	+0.007%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AAVEUSDT	+0.0100%	8h	143.46	+0.045%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.46	+0.039%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.45	+0.035%	$64.5M	$191.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.37	−0.021%	$61.6M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.36	−0.028%	$17.2M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.55	+0.105%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.28	−0.781%	$57K	−$0	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	143.40	long leg	$8.0M	$16.2M	75x
MEXC AAVE_USDT	+0.0100%	8h	143.41	+0.007%	$25.1M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.45	+0.035%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.42	+0.014%	$29.3M	$18.4M	75x	as long as short
BingX AAVE-USDTshort	+0.0100%	8h	143.42	+0.014%	—	$43.6M	—
Variational Omni AAVE	+0.0100%	8h	142.69	−0.495%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.78	−0.432%	$106K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.47	+0.049%	$457K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.44	+0.028%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.56	+0.112%	$142K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.56	+0.109%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.47	+0.049%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.62	+0.153%	$682K	$5.2M	75x	as long as short
Hyperliquid AAVE	+0.0103%	1h	143.58	+0.126%	$78.4M	$37.2M	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.35	−0.034%	$910K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.48	+0.055%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	143.54	+0.098%	$10K	$2K	5x	as long as short
Phoenix AAVE	+0.0118%	1h	143.58	+0.126%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0160%	1h	143.52	+0.084%	$340K	$729K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	143.53	+0.088%	$193K	$256K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.53	+0.091%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.56	+0.113%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0240%	1h	143.65	+0.172%	$4.5M	$2.4M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.43	+0.020%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.59	+0.132%	$766K	$2.9M	50x	as long as short