AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: ApeX Omni against Aevo−0.440%70s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as 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−$1141.139% of the position

Long on Aevo Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.286%+$29 · spread now −0.440%, 7d avg +0.001%

Together, before fees+0.282%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.441% cheaper against Aevo than usual: you would sell low and buy high (spread −0.440% now, against its 7-day average of +0.001%). If the spread goes back, that is −$44 on $10k: about 4 months of funding at the current rate ($0 a day). The two prices were read 70 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	Aevo AAVE-PERP	146.43	0.0088	pay 0.0011% / 1h	56m 15s	$124K	$146	10x
Short	ApeX Omni AAVEUSDT	145.79	0.0100	get 0.0013% / 1h	56m 15s	$136K	$229K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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 AevobpFee ApeX OmnibpOrdersPrice spread, now −0.440%Rate

Funding earned: $2.52
Price spread: −0.440% → +0.001%: −$44.14
Slippage, 4 orders: −$87.9
Fee Aevo: 8 bp × 2 orders: −$16
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$155.51
Costs to cover: 1.139%
Break-even: 439.0 days

Slippage from Aevo: live order book, 22 min ago; ApeX Omni: live order book, 20 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 Aevo live order book, 22 min ago	26.19 bp	45.0 bp −$45	265.8 bp −$2,658	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 20 min ago	6.90 bp	15.4 bp −$15	107.2 bp −$1,072	doesn't fit	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
Phoenix AAVE	−0.0045%	1h	146.30	−0.092%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.29	−0.102%	$104K	$5K	10x	as long as short
01 Exchange AAVEUSD	0.0000%	1h	146.42	−0.010%	$11K	$2K	5x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.28	−0.106%	$85K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.45	+0.010%	$256K	$412K	50x	as long as short
SoDEX AAVE-USD	+0.0001%	1h	146.45	+0.010%	$5K	$298K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.54	+0.071%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.45	+0.013%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.470%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0042%	8h	146.43	−0.003%	$30.6M	$25.5M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0042%	8h	146.44	+0.005%	$66.8M	$185.0M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.39	−0.031%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	146.39	−0.031%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0066%	8h	146.37	−0.044%	$17.9M	$67.6M	50x	as long as short
Gate AAVE_USDT	+0.0076%	8h	146.40	−0.024%	$7.9M	$15.8M	75x	as long as short
Aevo AAVE-PERPlong	+0.0088%	1h	146.43	long leg	$124K	$146	10x
Lighter AAVE	+0.0096%	1h	146.65	+0.145%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.40	−0.026%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.33	−0.070%	$810K	$438K	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.46	+0.020%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.37	−0.047%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.40	−0.024%	$62.5M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.38	−0.038%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.440%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.39	−0.031%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.43	−0.003%	$30.6M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.37	−0.044%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	145.55	−0.608%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.73	−0.479%	$105K	$315K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.61	−0.564%	$460K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDTshort	+0.0100%	1h	145.79	−0.440%	$136K	$229K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	146.45	+0.010%	$128K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.34	−0.064%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.40	−0.027%	$701K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.36	−0.051%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.40	−0.025%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.41	−0.015%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0163%	8h	146.17	−0.181%	$3.5M	$4.0M	100x	as long as short
Hyperliquid AAVE	+0.0266%	1h	146.59	+0.106%	$81.0M	$34.2M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.45	+0.007%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.43	−0.003%	$795K	$3.1M	50x	as long as short
Backpack AAVE_USDC_PERP	+0.0298%	1h	146.54	+0.072%	$354K	$733K	10x	as long as short