Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%

Price spread now: BingX against Pacifica−0.021%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.021% cheaper against Pacifica than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AAVE	143.60	0.0100	pay 0.0013% / 1h	17m 37s	$328K	$448K	10x
Short	BingX AAVE-USDC	143.57	0.0100	get 0.0100% / 8h	2h 17m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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 PacificabpFee BingXbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → 0.000%: −$2.09
Slippage, 4 orders: −$29.17
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$49.26
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from Pacifica: live order book, 31 min ago; BingX: live order book, 3 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 Pacifica live order book, 31 min ago	3.48 bp	9.0 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	0.70 bp	15.2 bp −$15	39.0 bp −$390	246.7 bp −$24.7K	677.0 bp −$338.5K

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	143.59	−0.009%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.49	−0.077%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.65	+0.035%	$218K	$394K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.63	+0.019%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0021%	1h	143.47	−0.087%	$839K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.624%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.44	−0.113%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0071%	8h	143.65	+0.035%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0092%	8h	143.63	+0.021%	$4.0M	$3.6M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.58	−0.015%	$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	143.60	−0.003%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVElong	+0.0100%	1h	143.60	long leg	$328K	$448K	10x
Binance AAVEUSDT	+0.0100%	8h	143.55	−0.036%	$64.5M	$191.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.51	−0.063%	$61.6M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.47	−0.091%	$17.2M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.70	+0.070%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.28	−0.919%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.62	+0.014%	$8.1M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.61	+0.007%	$25.2M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.64	+0.028%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.51	−0.063%	$29.4M	$18.4M	75x	as long as short
BingX AAVE-USDCshort	+0.0100%	8h	143.57	−0.021%	—	$6.5M	—
Variational Omni AAVE	+0.0100%	8h	142.69	−0.634%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.78	−0.570%	$106K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.47	−0.091%	$457K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.44	−0.111%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.56	−0.028%	$142K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.65	+0.033%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.65	+0.035%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.66	+0.044%	$682K	$5.2M	75x	as long as short
Hyperliquid AAVE	+0.0101%	1h	143.71	+0.076%	$78.5M	$37.2M	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.51	−0.061%	$910K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.47	−0.091%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	143.57	−0.021%	$10K	$2K	5x	as long as short
Phoenix AAVE	+0.0118%	1h	142.32	−0.891%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0159%	1h	143.69	+0.063%	$341K	$730K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	143.60	0.000%	$193K	$256K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.51	−0.063%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.72	+0.083%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0240%	1h	143.77	+0.116%	$4.5M	$2.4M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.62	+0.013%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.58	−0.014%	$767K	$2.9M	50x	as long as short