AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.067%

Price spread now: Kraken Futures against Aevo+0.091%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1281.277% of the position

Long on Aevo Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.175%−$17 on $10k

Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.091%, 7d avg +0.018%

Together, before fees−0.284%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.072% dearer against Aevo than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.018%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	144.41	0.0096	pay 0.0012% / 1h	29m 53s	$122K	$146	10x
Short	Kraken Futures PF_AAVEUSD	144.54	0.0012	get 0.0002% / 1h	29m 53s	$3.4M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$17.57
Price spread: +0.091% → +0.018%: $7.2
Slippage, 4 orders: −$101.74
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$138.11
Costs to cover: 1.277%
Break-even: never at this rate

Slippage from Aevo: live order book, 58 min ago; Kraken Futures: live order book, 4 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	32.14 bp	50.1 bp −$50	272.0 bp −$2,720	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	6.58 bp	13.3 bp −$13	21.6 bp −$216	170.3 bp −$17.0K	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
Deribit AAVE_USDC-PERPETUAL	−0.0373%	1h	144.40	−0.006%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0189%	1h	144.37	−0.027%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.48	+0.049%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.43	+0.014%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.52	+0.080%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.45	+0.028%	$71K	$1.6M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.48	+0.047%	$70K	—	150x	as long as short
ApeX Omni AAVEUSDT	+0.0006%	1h	144.42	+0.007%	$134K	$229K	50x	as long as short
Kraken Futures PF_AAVEUSDshort	+0.0012%	1h	144.54	+0.091%	$3.4M	$2.1M	50x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.158%	$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	144.45	+0.031%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.52	+0.077%	$17.5M	$65.8M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0054%	8h	144.37	−0.027%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.48	+0.049%	$7.7M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0063%	8h	144.48	+0.049%	$31.6M	$26.3M	200x	as long as short
Binance AAVEUSDT	+0.0063%	8h	144.48	+0.046%	$65.7M	$183.6M	75x	as long as short
Nado AAVE-PERP	+0.0089%	1h	144.47	+0.044%	$802K	$436K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0094%	8h	144.35	−0.038%	$455K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.62	+0.144%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERPlong	+0.0096%	1h	144.41	long leg	$122K	$146	10x
RISEx AAVE/USDC	+0.0097%	1h	144.52	+0.078%	$180K	$241K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.48	+0.046%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.57	+0.111%	$80.2M	$33.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.47	+0.042%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.48	+0.050%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.53	+0.084%	$61.5M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.47	+0.042%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.078%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.52	+0.077%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.48	+0.049%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.49	+0.056%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.57	+0.111%	$378K	$701K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.45	+0.027%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.32	−0.059%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.55	+0.098%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.37	−0.025%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.50	+0.061%	$722K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.43	+0.014%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.47	+0.040%	$928K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0183%	8h	144.43	+0.014%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.034%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.46	+0.034%	$124K	—	100x	as long as short