Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.052%

Price spread now: BloFin against 01 Exchange−0.155%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on BloFin

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

Funding pays, the price is against you. BloFin is 0.155% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.155% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.3 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	141.94	0	get 0.0000% / 1h	17m 55s	$10K	$1K	5x
Short	BloFin AAVE-USDT	141.72	0.0220	get 0.0220% / 8h	6h 17m	$3.3M	$3.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.155%Rate

Funding earned: $46.2
Price spread: −0.155% → 0.000%: −$15.5
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: $11.7
Costs to cover: 0.190%
Break-even: 5.2 days

Slippage unknown: 01 Exchange: no order-book sample; BloFin: 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 BloFin live order book, 3 min ago	0.70 bp	8.0 bp −$8	14.3 bp −$143	40.0 bp −$3,995	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 exchanges

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
SoDEX AAVE-USD	−0.0109%	1h	141.85	−0.063%	$6K	$241K	10x	as long as short
ApeX Omni AAVEUSDT	−0.0040%	1h	141.90	−0.028%	$132K	$221K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.91	−0.021%	$102K	$6K	10x	as long as short
01 Exchange AAVEUSDlong	0.0000%	1h	141.94	long leg	$10K	$1K	5x
Kalshi KXAAVEPERP	0.0000%	8h	141.80	−0.099%	$42K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.89	−0.035%	$210K	$354K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.74	−0.141%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.509%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.82	−0.088%	—	—	20x	as long as short
Bybit AAVEUSDT	+0.0048%	8h	141.75	−0.134%	$61.1M	$62.0M	75x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAVEUSDT	+0.0061%	8h	141.84	−0.070%	$3.9M	$3.6M	50x	as long as short
Phoenix AAVE	+0.0062%	1h	141.94	0.000%	$4K	$97K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0089%	8h	141.82	−0.085%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.97	+0.022%	$4.6M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.68	−0.184%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.79	−0.102%	$814K	$317K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.97	+0.021%	$78.0M	$31.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.86	−0.054%	$1.2M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.75	−0.134%	$345K	$319K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.76	−0.127%	$63.8M	$170.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.76	−0.127%	$16.5M	$55.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.01	+0.049%	$95K	$206K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.80	−0.099%	$164K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.80	−0.099%	$8.1M	$14.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.76	−0.127%	$22.1M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.80	−0.099%	$10.3M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.74	−0.141%	$29.3M	$16.6M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.76	−0.127%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.78	−0.116%	$3.7M	$724K	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.84	−0.070%	$109K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.58	−0.254%	$452K	$3.3M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.97	+0.021%	$134K	$397K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.84	−0.068%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.85	−0.066%	$664K	$1.5M	75x	as long as short
Backpack AAVE_USDC_PERP	+0.0102%	1h	141.93	−0.007%	$388K	$631K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.71	−0.163%	$916K	$1.5M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.89	−0.035%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0164%	1h	141.94	+0.001%	$172K	$206K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0176%	1h	141.98	+0.030%	$3.4M	$1.9M	50x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	141.72	−0.155%	$3.3M	$3.4M	100x
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	142.00	+0.042%	$753K	$2.3M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0253% / S −0.0360%	1h	141.76	−0.125%	$110K	—	100x	as long as short