AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%

Price spread now: BloFin against KuCoin−0.069%65s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as 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−$520.518% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.237%+$24 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.069%, 7d avg −0.009%

Together, before fees+0.465%+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.060% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.009%). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$4 a day). The two prices were read 65 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	KuCoin AAVEUSDTM	144.15	0.0100	pay 0.0100% / 8h	2h 06m	$10.4M	$9.5M	75x
Short	BloFin AAVE-USDT	144.05	0.0220	get 0.0220% / 8h	2h 06m	$3.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.069%Rate

Funding earned: $25.2
Price spread: −0.069% → −0.009%: −$6.04
Slippage, 4 orders: −$27.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$32.67
Costs to cover: 0.518%
Break-even: 16.1 days

Slippage from KuCoin: live order book, 2 min ago; BloFin: 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 KuCoin live order book, 2 min ago	1.39 bp	15.8 bp −$16	36.7 bp −$367	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.35 bp	8.6 bp −$9	12.4 bp −$124	31.2 bp −$3,125	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
dYdX AAVE-USD	0.0000%	1h	143.95	−0.140%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.97	−0.125%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.06	−0.062%	$219K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.04	−0.074%	$81K	—	150x	as long as short
Nado AAVE-PERP	+0.0027%	1h	144.01	−0.097%	$837K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.988%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.97	−0.127%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0073%	8h	144.08	−0.049%	$18K	$10K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.97	−0.121%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.14	−0.008%	$1.2M	$1.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AAVE	+0.0100%	1h	144.03	−0.085%	$328K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.12	−0.021%	$64.8M	$191.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.09	−0.042%	$62.0M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	144.11	−0.028%	$17.3M	$65.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.10	−0.035%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.85	−0.209%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.10	−0.035%	$8.1M	$16.3M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	144.12	−0.021%	$25.1M	$24.2M	200x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	144.15	long leg	$10.4M	$9.5M	75x
Bitget AAVEUSDT	+0.0100%	8h	144.10	−0.035%	$29.5M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.10	−0.035%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.81	−0.236%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.85	−0.210%	$107K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.92	−0.160%	$455K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.89	−0.180%	$134K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.08	−0.049%	$143K	$469K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.00	−0.101%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.08	−0.049%	$5K	$314K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.27	+0.086%	$685K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.07	−0.055%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.07	−0.056%	$915K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.09	−0.040%	$122K	$146	10x	as long as short
Phoenix AAVE	+0.0118%	1h	144.18	+0.021%	$4K	$106K	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	144.06	−0.062%	$11K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0155%	1h	144.31	+0.111%	$78.8M	$37.2M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0173%	1h	144.22	+0.049%	$342K	$727K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	144.06	−0.059%	$200K	$262K	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	144.05	−0.069%	$3.3M	$3.6M	100x
Kraken Futures PF_AAVEUSD	+0.0235%	1h	144.16	+0.010%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0248%	1h	144.32	+0.119%	$4.6M	$2.5M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	144.05	−0.071%	$113K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	144.09	−0.042%	$770K	$2.9M	50x	as long as short