AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.037%

Price spread now: Coinbase International against Aevo+0.310%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$97as in the Price arb table

costs, in and out, $10k−$1231.231% of the position

Long on Aevo Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 3 days (all we have)−0.447%−$45 · spread now +0.310%, 7d avg +0.053%

Together, before fees−0.316%−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.257% dearer against Aevo than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	144.96	0.0104	pay 0.0013% / 1h	53m 05s	$122K	$146	10x
Short	Coinbase International AAVE-PERP-INTX	145.41	0.0248	get 0.0031% / 1h	53m 05s	$782K	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.310%Rate

Funding earned: $30.24
Price spread: +0.310% → +0.053%: $25.7
Slippage, 4 orders: −$97.12
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$67.18
Costs to cover: 1.231%
Break-even: 22.5 days

Slippage from Aevo: live order book, 35 min ago; Coinbase International: live order book, 1 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, 35 min ago	32.14 bp	50.1 bp −$50	272.0 bp −$2,720	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	4.81 bp	13.4 bp −$13	17.4 bp −$174	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
SoDEX AAVE-USD	−0.0193%	1h	145.16	+0.138%	$5K	$308K	10x	as long as short
01 Exchange AAVEUSD	−0.0176%	1h	145.35	+0.269%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0163%	1h	145.27	+0.214%	$247K	$477K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0108%	1h	145.30	+0.234%	$135K	$229K	50x	as long as short
Phoenix AAVE	−0.0044%	1h	145.35	+0.269%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.31	+0.241%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.13	+0.117%	$63K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.36	+0.274%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.32	+0.246%	$3.5M	$2.0M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.519%	$422	$51K	12x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.33	+0.257%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0053%	8h	145.10	+0.096%	$17.7M	$65.3M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0060%	8h	145.20	+0.165%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0079%	8h	145.16	+0.138%	$7.8M	$15.5M	75x	as long as short
Binance AAVEUSDT	+0.0082%	8h	145.18	+0.150%	$66.0M	$181.0M	75x	as long as short
MEXC AAVE_USDT	+0.0082%	8h	145.14	+0.124%	$32.3M	$26.0M	200x	as long as short
Lighter AAVE	+0.0096%	1h	145.37	+0.285%	$4.7M	$1.6M	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.39	+0.293%	$181K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.26	+0.204%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.32	+0.252%	$815K	$440K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.30	+0.234%	$81.3M	$32.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.26	+0.210%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.26	+0.207%	$330K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.11	+0.103%	$61.9M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.33	+0.255%	$51K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.24	+0.886%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.20	+0.165%	$10.0M	$8.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.11	+0.103%	$29.8M	$17.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.13	+0.117%	—	$44.2M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.26	+0.207%	$346K	$684K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.36	+0.279%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.47	+0.349%	$101K	$312K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.67	+0.487%	$461K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.40	+0.303%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.16	+0.139%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.44	+0.327%	$740K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.26	+0.207%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.19	+0.159%	$941K	$1.8M	50x	as long as short
Aevo AAVE-PERPlong	+0.0104%	1h	144.96	long leg	$122K	$146	10x
BloFin AAVE-USDT	+0.0202%	8h	145.31	+0.241%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTXshort	+0.0248%	1h	145.41	+0.310%	$782K	$3.0M	50x
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	145.37	+0.281%	$125K	—	100x	as long as short