Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%

Price spread now: BingX against MEXC0.000%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.336% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AAVE_USDT	142.14	0.0100	pay 0.0100% / 8h	6h 56m	$22.5M	$23.8M	200x
Short	BingX AAVE-USDC	142.14	0.0100	get 0.0100% / 8h	6h 56m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: −$23.59
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$33.59
Costs to cover: 0.336%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; BingX: 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 MEXC live order book, 3 min ago	0.35 bp	1.1 bp −$1	6.1 bp −$61	43.8 bp −$4,376	131.3 bp −$65.7K
Sell BingX live order book, 5 min ago	0.70 bp	16.6 bp −$17	36.7 bp −$367	249.2 bp −$24.9K	675.9 bp −$338.0K

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
Deribit AAVE_USDC-PERPETUAL	−0.0102%	1h	142.16	+0.014%	$210K	$359K	50x	as long as short
Phemex AAVEUSDT	−0.0041%	8h	142.23	+0.063%	$3.9M	$3.6M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.48	+0.242%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.33	+0.134%	$50K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.88	+0.521%	$82K	—	150x	as long as short
SoDEX AAVE-USD	+0.0029%	1h	142.15	+0.007%	$6K	$286K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.644%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.10	−0.030%	—	—	20x	as long as short
01 Exchange AAVEUSD	+0.0080%	1h	142.39	+0.176%	$10K	$1K	5x	as long as short
Orderly PERP_AAVE_USDC	+0.0093%	8h	142.16	+0.014%	$17K	$6K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	142.38	+0.171%	$4.6M	$2.2M	10x	as long as short
Phoenix AAVE	+0.0096%	1h	142.69	+0.387%	$4K	$97K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.38	+0.167%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	142.27	+0.093%	$822K	$386K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.30	+0.113%	$78.2M	$37.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.13	−0.007%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.40	+0.182%	$347K	$364K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.00	−0.098%	$63.7M	$187.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.93	−0.148%	$61.1M	$67.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.93	−0.148%	$16.5M	$62.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.47	+0.232%	$98K	$228K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.14	0.000%	$8.1M	$13.9M	75x	as long as short
MEXC AAVE_USDTlong	+0.0100%	8h	142.14	long leg	$22.5M	$23.8M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	142.18	+0.028%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.09	−0.035%	$28.9M	$17.2M	75x	as long as short
BingX AAVE-USDCshort	+0.0100%	8h	142.14	0.000%	—	$6.5M	—
Variational Omni AAVE	+0.0100%	8h	142.82	+0.477%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.63	+0.346%	$110K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.98	+0.591%	$449K	$3.4M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.01	+0.612%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.36	+0.155%	$133K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.14	+0.002%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+0.225%	$668K	$5.3M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.39	+0.177%	$164K	$106K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.09	−0.036%	$916K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.45	+0.220%	$120K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0144%	1h	142.26	+0.084%	$387K	$730K	10x	as long as short
RISEx AAVE/USDC	+0.0164%	1h	142.40	+0.180%	$173K	$275K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0175%	1h	142.24	+0.070%	$3.4M	$2.1M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.55	+0.288%	$3.2M	$3.5M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	142.39	+0.176%	$756K	$2.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	142.26	+0.085%	$111K	—	100x	as long as short