AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.003%

Price spread now: Nado against Arcus−0.049%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.286% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%$0 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.049%, 7d avg −0.037%

Together, before fees+0.192%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AAVE-USD	142.93	0.0100	pay 0.0013% / 1h	12m 28s	$64K	$199K	10x
Short	Nado AAVE-PERP	142.86	0.0034	get 0.0004% / 1h	12m 28s	$832K	$398K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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 ArcusbpFee NadobpOrdersPrice spread, now −0.049%Rate

Funding earned: −$13.9
Price spread: −0.049% → −0.037%: −$1.21
Slippage, 4 orders: −$17.09
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.7
Costs to cover: 0.286%
Break-even: never at this rate

Slippage from Arcus: live order book, 41 min ago; Nado: live order book, 41 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 Arcus live order book, 41 min ago	0.69 bp	8.4 bp −$8	19.6 bp −$196	doesn't fit	doesn't fit
Sell Nado live order book, 41 min ago	1.04 bp	4.9 bp −$5	10.8 bp −$108	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
dYdX AAVE-USD	0.0000%	1h	142.90	−0.021%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.94	+0.007%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.90	−0.021%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.76	−0.118%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.177%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.19	+0.182%	$4K	$106K	10x	as long as short
Nado AAVE-PERPshort	+0.0034%	1h	142.86	−0.049%	$832K	$398K	10x
Reya AAVERUSDPERP	+0.0044%	1h	142.70	−0.160%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0057%	8h	142.73	−0.140%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0063%	8h	142.92	−0.007%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0096%	1h	142.88	−0.035%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.82	−0.076%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.75	−0.123%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.90	−0.024%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.72	−0.147%	$63.7M	$188.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.72	−0.147%	$61.4M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.74	−0.133%	$17.0M	$64.4M	50x	as long as short
Arcus AAVE-USDlong	+0.0100%	1h	142.93	long leg	$64K	$199K	10x
Bulk AAVE-USD	+0.0100%	1h	142.97	+0.028%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.70	−0.161%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.75	−0.126%	$25.8M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.72	−0.147%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.73	−0.140%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.73	−0.140%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.95	+0.014%	$336K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.94	+0.007%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.04	+0.078%	$104K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.07	+0.096%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.13	+0.140%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.82	−0.077%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.94	+0.005%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.89	−0.028%	$5K	$310K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.11	+0.125%	$684K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.77	−0.112%	$908K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.93	0.000%	$121K	$146	10x	as long as short
Hyperliquid AAVE	+0.0118%	1h	142.88	−0.035%	$78.1M	$37.1M	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.89	−0.029%	$185K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.96	+0.021%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.99	+0.041%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.73	−0.137%	$112K	—	100x	as long as short
Lighter AAVE	+0.0256%	1h	143.07	+0.099%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.23	+0.210%	$783K	$2.8M	50x	as long as short