AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%

Price spread now: Polymarket Perps against ApeX Omni−0.232%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$420.421% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.327%+$33 · spread now −0.232%, 7d avg +0.032%

Together, before fees+0.328%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.264% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of +0.032%). If the spread goes back, that is −$26 on $10k: about 34 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	146.56	0.0074	pay 0.0009% / 1h	16m 52s	$136K	$231K	50x
Short	Polymarket Perps AAVE-USD	146.22	0.0100	get 0.0013% / 1h	16m 52s	$127K	$416K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.232%Rate

Funding earned: $5.43
Price spread: −0.232% → +0.032%: −$26.44
Slippage, 4 orders: −$24.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$63.09
Costs to cover: 0.421%
Break-even: 88.4 days

Slippage from ApeX Omni: live order book, 54 min ago; Polymarket Perps: live order book, 56 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 ApeX Omni live order book, 54 min ago	5.14 bp	13.3 bp −$13	114.3 bp −$1,143	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 56 min ago	1.37 bp	8.8 bp −$9	9.6 bp −$96	25.7 bp −$2,574	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.18	−0.263%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0160%	1h	146.11	−0.307%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0097%	1h	146.04	−0.355%	$5K	$305K	10x	as long as short
Phemex AAVEUSDT	−0.0048%	8h	146.10	−0.314%	$4.2M	$3.8M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.08	−0.328%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.19	−0.254%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.17	−0.266%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.33	−0.157%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.12	−0.301%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0021%	8h	146.26	−0.205%	$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	+0.0022%	8h	146.29	−0.184%	$66.2M	$183.5M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.550%	$422	$51K	12x	as long as short
Gate AAVE_USDT	+0.0036%	8h	146.32	−0.164%	$7.9M	$15.3M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.04	−0.353%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	146.04	−0.355%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	146.28	−0.191%	$17.9M	$66.4M	50x	as long as short
ApeX Omni AAVEUSDTlong	+0.0074%	1h	146.56	long leg	$136K	$231K	50x
Bybit AAVEUSDT	+0.0086%	8h	146.28	−0.191%	$62.6M	$65.0M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.12	−0.302%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0088%	8h	146.04	−0.355%	$3.5M	$3.5M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.27	−0.199%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.12	−0.299%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.19	−0.249%	$799K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.28	−0.191%	$79.7M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.14	−0.287%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.18	−0.259%	$334K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.19	−0.252%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.528%	$59K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.31	−0.171%	$11.1M	$9.0M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.19	−0.252%	$30.3M	$17.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.26	−0.205%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.21	−0.239%	$334K	$735K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.44	−0.081%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.46	−0.066%	$106K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.48	−0.055%	$464K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USDshort	+0.0100%	1h	146.22	−0.232%	$127K	$416K	10x
SunX AAVE-USDT	+0.0100%	8h	146.13	−0.290%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.43	−0.087%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.21	−0.237%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.21	−0.237%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.10	−0.312%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.41	−0.102%	$785K	$2.9M	50x	as long as short