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 −0.003%

Price spread now: Bybit against Gate0.000%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 7 days−0.022%−$2 · spread now 0.000%, 7d avg −0.014%

Together, before fees−0.050%−$5 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	141.90	0.0100	pay 0.0100% / 8h	4h 49m	$7.9M	$15.4M	75x
Short	Bybit AAVEUSDT	141.90	0.0100	get 0.0100% / 8h	4h 49m	$60.9M	$65.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.014%: $1.38
Slippage, 4 orders: −$22.27
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$46.89
Costs to cover: 0.483%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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, 4 min ago	2.11 bp	14.6 bp −$15	30.7 bp −$307	43.9 bp −$4,392	49.7 bp −$24.8K
Sell Bybit live order book, 4 min ago	0.35 bp	9.5 bp −$9	14.8 bp −$148	53.5 bp −$5,346	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
01 Exchange AAVEUSD	−0.0160%	1h	141.83	−0.049%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0055%	1h	141.99	+0.063%	$5K	$298K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0032%	1h	141.98	+0.056%	$223K	$396K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.07	+0.123%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.85	−0.035%	$53K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.05	+0.108%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.481%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.84	−0.041%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	141.94	+0.028%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.03	+0.092%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0066%	1h	141.97	+0.053%	$832K	$438K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.07	+0.121%	$4.5M	$1.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.01	+0.081%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.07	+0.120%	$76.8M	$35.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.98	+0.056%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.99	+0.064%	$323K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.89	−0.006%	$63.6M	$184.4M	75x	as long as short
Bybit AAVEUSDTshort	+0.0100%	8h	141.90	0.000%	$60.9M	$65.6M	75x
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.90	0.000%	$17.0M	$63.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.95	+0.035%	$44K	$183K	10x	as long as short
Gate AAVE_USDTlong	+0.0100%	8h	141.90	long leg	$7.9M	$15.4M	75x
MEXC AAVE_USDT	+0.0100%	8h	141.87	−0.021%	$25.3M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.02	+0.085%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.79	−0.078%	$28.9M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.89	−0.007%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.05	+0.106%	$345K	$705K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.06	+0.113%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.49	+0.417%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.52	+0.437%	$450K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.05	+0.106%	$132K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.92	+0.014%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.00	+0.074%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.20	+0.209%	$684K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.03	+0.092%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	+0.547%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.85	−0.038%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.94	+0.029%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	141.93	+0.018%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.12	+0.155%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.06	+0.109%	$120K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0326%	1h	142.06	+0.110%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.15	+0.176%	$769K	$2.8M	50x	as long as short