AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.007%

Price spread now: 01 Exchange against Backpack−0.105%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.105% cheaper against Backpack than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AAVE_USDC_PERP	142.77	0.0100	pay 0.0013% / 1h	54m 35s	$347K	$707K	10x
Short	01 Exchange AAVEUSD	142.62	−0.0136	pay 0.0017% / 1h	54m 35s	$10K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Backpack. 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 BackpackbpFee 01 ExchangebpOrdersPrice spread, now −0.105%Rate

Funding earned: −$49.56
Price spread: −0.105% → 0.000%: −$10.51
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$77.07
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 4 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 Backpack live order book, 4 min ago	1.40 bp	8.2 bp −$8	115.7 bp −$1,157	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSDshort	−0.0136%	1h	142.62	−0.105%	$10K	$2K	5x
SoDEX AAVE-USD	−0.0020%	1h	142.54	−0.161%	$5K	$303K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.65	−0.084%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.44	−0.231%	$53K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.58	−0.133%	$225K	$395K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.54	−0.161%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.069%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.42	−0.248%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	142.58	−0.133%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0054%	1h	142.60	−0.121%	$835K	$438K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni AAVEUSDT	+0.0065%	1h	142.29	−0.336%	$132K	$219K	50x	as long as short
Phoenix AAVE	+0.0089%	1h	142.93	+0.112%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.75	−0.015%	$4.5M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.62	−0.107%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.78	+0.007%	$77.2M	$35.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.67	−0.069%	$1.3M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.66	−0.074%	$324K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.65	−0.084%	$64.0M	$184.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.65	−0.084%	$61.2M	$65.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.66	−0.077%	$17.0M	$63.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.69	−0.056%	$44K	$179K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.65	−0.084%	$7.9M	$15.3M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.60	−0.119%	$25.4M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.71	−0.042%	$10.6M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.52	−0.175%	$29.1M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.61	−0.112%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERPlong	+0.0100%	1h	142.77	long leg	$347K	$707K	10x
Variational Omni AAVE	+0.0100%	8h	142.65	−0.083%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.24	−0.369%	$102K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.15	−0.434%	$449K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.51	−0.182%	$122K	$385K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.46	−0.214%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.63	−0.097%	$686K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.60	−0.119%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	−0.065%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.57	−0.143%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.59	−0.125%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.73	−0.030%	$178K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.53	−0.168%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.54	−0.163%	$121K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.62	−0.103%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+0.035%	$774K	$2.8M	50x	as long as short