Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0028%/8h= +3.1% APRpaid last 24h +0.031%

Price spread now: Bitget against 01 Exchange+0.056%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.056% dearer against 01 Exchange than usual: you sell high and buy low: +$6 more if the spread 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	01 Exchange AAVEUSD	142.62	0.0072	pay 0.0009% / 1h	16m 16s	$10K	$2K	5x
Short	Bitget AAVEUSDT	142.70	0.0100	get 0.0100% / 8h	7h 16m	$29.0M	$17.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against 01 Exchange. 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 01 ExchangebpFee BitgetbpOrdersPrice spread, now +0.056%Rate

Funding earned: $5.88
Price spread: +0.056% → 0.000%: $5.61
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$7.51
Costs to cover: 0.190%
Break-even: 15.9 days

Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	1.40 bp	11.0 bp −$11	17.2 bp −$172	37.2 bp −$3,719	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Phemex AAVEUSDT	−0.0245%	8h	142.65	+0.021%	$3.9M	$3.6M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0100%	1h	142.65	+0.021%	$212K	$390K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.58	−0.025%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.51	−0.077%	$50K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.52	−0.072%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.969%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.38	−0.167%	—	—	20x	as long as short
01 Exchange AAVEUSDlong	+0.0072%	1h	142.62	long leg	$10K	$2K	5x
Orderly PERP_AAVE_USDC	+0.0092%	8h	142.66	+0.028%	$17K	$6K	10x	as long as short
Phoenix AAVE	+0.0096%	1h	142.27	−0.245%	$4K	$99K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.45	−0.119%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	142.54	−0.056%	$837K	$391K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.80	+0.126%	$78.0M	$36.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.73	+0.074%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.54	−0.056%	$348K	$408K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.69	+0.048%	$63.8M	$189.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.66	+0.028%	$61.5M	$67.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.64	+0.014%	$16.5M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.69	+0.049%	$95K	$228K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.41	−0.147%	$164K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.69	+0.049%	$8.1M	$16.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.68	+0.042%	$22.7M	$24.3M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.65	+0.021%	$10.3M	$9.6M	75x	as long as short
Bitget AAVEUSDTshort	+0.0100%	8h	142.70	+0.056%	$29.0M	$17.7M	75x
BingX AAVE-USDC	+0.0100%	8h	142.67	+0.035%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.34	−0.193%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.24	−0.263%	$109K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.28	−0.239%	$455K	$3.5M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.39	−0.161%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.64	+0.014%	$135K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.46	−0.109%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.70	+0.056%	$6K	$291K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.81	+0.130%	$671K	$5.3M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.66	+0.028%	$916K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.70	+0.060%	$121K	$146	10x	as long as short
Lighter AAVE	+0.0120%	1h	142.94	+0.222%	$4.6M	$2.6M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0203%	1h	142.64	+0.014%	$388K	$738K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0216%	1h	142.80	+0.126%	$760K	$2.7M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.52	−0.070%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0223%	1h	142.55	−0.052%	$173K	$292K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0246%	1h	142.80	+0.124%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	142.53	−0.063%	$111K	—	100x	as long as short