AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0059%/8h= +6.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.020%

Price spread now: SunX against Binance+0.097%56s7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1481.475% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 3 days (all we have)+0.015%+$1 · spread now +0.097%, 7d avg −0.012%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.110% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.012%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AAVEUSDT	146.00	0.0041	pay 0.0041% / 8h	28m 28s	$66.6M	$185.9M	75x
Short	SunX AAVE-USDT	146.14	0.0100	get 0.0100% / 8h	28m 28s	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.097%Rate

Funding earned: $12.37
Price spread: +0.097% → −0.012%: $10.97
Slippage, 4 orders: −$129.54
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$124.2
Costs to cover: 1.475%
Break-even: 77.3 days

Slippage from Binance: live order book, 15 min ago; SunX: live order book, 5 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 Binance live order book, 15 min ago	0.34 bp	8.3 bp −$8	13.7 bp −$137	46.6 bp −$4,660	doesn't fit
Sell SunX live order book, 5 min ago	44.88 bp	66.5 bp −$67	doesn't fit	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
Deribit AAVE_USDC-PERPETUAL	−0.0092%	1h	146.16	+0.110%	$255K	$394K	50x	as long as short
SoDEX AAVE-USD	−0.0079%	1h	146.15	+0.103%	$5K	$305K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	146.18	+0.123%	$5K	$99K	10x	as long as short
01 Exchange AAVEUSD	−0.0008%	1h	146.03	+0.021%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.13	+0.091%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.91	−0.062%	$84K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.25	+0.172%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.06	+0.043%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.192%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0040%	8h	146.00	0.000%	$30.2M	$25.9M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDTlong	+0.0041%	8h	146.00	long leg	$66.6M	$185.9M	75x
Reya AAVERUSDPERP	+0.0044%	1h	145.95	−0.036%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.98	−0.014%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0073%	8h	145.98	−0.014%	$18.0M	$67.7M	50x	as long as short
Gate AAVE_USDT	+0.0077%	8h	146.02	+0.014%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.18	+0.127%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.25	+0.173%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.02	+0.014%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.99	−0.010%	$803K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.15	+0.103%	$80.6M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.10	+0.066%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.06	+0.043%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.00	0.000%	$62.2M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.02	+0.014%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.07	+0.048%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.01	+0.007%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.97	−0.021%	$30.4M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.98	−0.014%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.22	+0.151%	$348K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.17	+0.115%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.18	+0.123%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.16	+0.112%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.19	+0.130%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.04	+0.027%	$127K	$456K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	146.14	+0.097%	$2K	$1.3M	20x
HTX AAVE-USDT	+0.0100%	8h	146.24	+0.161%	$699K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.12	+0.082%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.96	−0.029%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.05	+0.035%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0161%	8h	146.12	+0.082%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.06	+0.039%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.33	+0.226%	$788K	$3.0M	50x	as long as short