AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.028%

Price spread now: dYdX against Aevo+0.062%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$242as in the Price arb table

costs, in and out, $10k−$2482.481% of the position

Long on Aevo Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 3 days (all we have)−0.199%−$20 · spread now +0.062%, 7d avg +0.004%

Together, before fees−0.401%−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.058% dearer against Aevo than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.004%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	146.46	0.0088	pay 0.0011% / 1h	15m 14s	$124K	$146	10x
Short	dYdX AAVE-USD	146.55	0	get 0.0000% / 1h	15m 14s	$105K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$18.48
Price spread: +0.062% → +0.004%: $5.82
Slippage, 4 orders: −$222.15
Fee Aevo: 8 bp × 2 orders: −$16
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$260.81
Costs to cover: 2.481%
Break-even: never at this rate

Slippage from Aevo: live order book, 58 min ago; dYdX: live order book, 59 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, 58 min ago	33.86 bp	48.4 bp −$48	279.1 bp −$2,791	doesn't fit	doesn't fit
Sell dYdX live order book, 59 min ago	67.60 bp	78.8 bp −$79	198.6 bp −$1,986	210.6 bp −$21.1K	221.1 bp −$110.5K

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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.59	+0.093%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0152%	1h	146.37	−0.061%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0082%	1h	146.44	−0.013%	$5K	$295K	10x	as long as short
Phemex AAVEUSDT	−0.0070%	8h	146.42	−0.027%	$4.2M	$3.8M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0023%	1h	146.47	+0.008%	$255K	$369K	50x	as long as short
dYdX AAVE-USDshort	0.0000%	1h	146.55	+0.062%	$105K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	146.36	−0.068%	$78K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.33	−0.088%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.51	+0.034%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0022%	8h	146.47	+0.008%	$28.9M	$25.8M	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	+0.0023%	8h	146.45	−0.006%	$66.3M	$183.4M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0024%	1h	146.19	−0.184%	$136K	$231K	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.486%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.41	−0.035%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	146.43	−0.020%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	146.43	−0.020%	$17.9M	$66.4M	50x	as long as short
Gate AAVE_USDT	+0.0077%	8h	146.47	+0.008%	$7.9M	$15.3M	75x	as long as short
Aevo AAVE-PERPlong	+0.0088%	1h	146.46	long leg	$124K	$146	10x
BloFin AAVE-USDT	+0.0088%	8h	146.04	−0.286%	$3.5M	$3.5M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.62	+0.113%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.50	+0.028%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.49	+0.018%	$801K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.55	+0.065%	$79.9M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.53	+0.048%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.53	+0.049%	$334K	$503K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.45	−0.006%	$62.7M	$65.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.45	−0.006%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.459%	$59K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.51	+0.035%	$11.1M	$9.0M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.44	−0.013%	$30.3M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.44	−0.013%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.48	+0.014%	$332K	$736K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.27	−0.127%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.09	−0.254%	$105K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.19	−0.184%	$462K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.52	+0.042%	$127K	$416K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.41	−0.031%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.77	+0.215%	$714K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.40	−0.042%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.48	+0.013%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.49	+0.021%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.42	−0.027%	$785K	$2.9M	50x	as long as short