AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h −0.001%

Price spread now: Kraken Futures against Bulk+0.117%7-day average +0.024% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$350.353% of the position

Long on Bulk Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.145%−$15 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now +0.117%, 7d avg +0.024%

Together, before fees−0.064%−$6 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 Kraken Futures is 0.094% dearer against Bulk than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.024%. Mind the row above: over the last 4 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk AAVE-USD	141.80	0.0100	pay 0.0013% / 1h	21m 24s	$164K	$106K	10x
Short	Kraken Futures PF_AAVEUSD	141.97	0.0176	get 0.0022% / 1h	21m 24s	$3.4M	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bulk. 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 BulkbpFee Kraken FuturesbpOrdersPrice spread, now +0.117%Rate

Funding earned: $15.9
Price spread: +0.117% → +0.024%: $9.37
Slippage, 4 orders: −$18.32
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$10.05
Costs to cover: 0.353%
Break-even: 11.4 days

Slippage from Bulk: live order book, 30 min ago; Kraken Futures: 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 Bulk live order book, 30 min ago	1.06 bp	5.4 bp −$5	8.8 bp −$88	30.9 bp −$3,090	90.8 bp −$45.4K
Sell Kraken Futures live order book, 5 min ago	4.94 bp	10.6 bp −$11	17.3 bp −$173	203.8 bp −$20.4K	doesn't fit

AAVE on 42 exchanges

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
SoDEX AAVE-USD	−0.0108%	1h	141.82	+0.014%	$6K	$241K	10x	as long as short
ApeX Omni AAVEUSDT	−0.0070%	1h	141.55	−0.176%	$132K	$221K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.94	+0.096%	$102K	$6K	10x	as long as short
01 Exchange AAVEUSD	0.0000%	1h	141.75	−0.035%	$10K	$1K	5x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.76	−0.028%	$42K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.87	+0.049%	$210K	$356K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.87	+0.048%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.413%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.81	+0.008%	—	—	20x	as long as short
Phemex AAVEUSDT	+0.0046%	8h	141.82	+0.014%	$3.9M	$3.6M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit AAVEUSDT	+0.0059%	8h	141.83	+0.021%	$61.1M	$62.4M	75x	as long as short
Phoenix AAVE	+0.0062%	1h	141.72	−0.056%	$4K	$97K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0089%	8h	141.81	+0.007%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.13	+0.229%	$4.6M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.89	+0.060%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.90	+0.071%	$814K	$319K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.14	+0.240%	$78.0M	$31.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.94	+0.097%	$1.2M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.94	+0.102%	$346K	$340K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.84	+0.030%	$63.9M	$171.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.82	+0.014%	$16.5M	$55.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.10	+0.212%	$95K	$209K	10x	as long as short
Bulk AAVE-USDlong	+0.0100%	1h	141.80	long leg	$164K	$106K	10x
Gate AAVE_USDT	+0.0100%	8h	141.91	+0.078%	$8.1M	$14.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.92	+0.085%	$22.1M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.96	+0.113%	$10.3M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.83	+0.021%	$29.3M	$16.7M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.85	+0.035%	—	$43.3M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.57	−0.165%	$3.7M	$727K	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.58	−0.156%	$109K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.58	−0.155%	$452K	$3.3M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.04	+0.169%	$134K	$401K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.81	+0.011%	$2K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.89	+0.064%	$662K	$1.5M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.77	−0.023%	$916K	$1.6M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.89	+0.062%	$120K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0106%	1h	142.04	+0.169%	$389K	$634K	10x	as long as short
RISEx AAVE/USDC	+0.0164%	1h	142.03	+0.159%	$172K	$204K	10x	as long as short
Kraken Futures PF_AAVEUSDshort	+0.0176%	1h	141.97	+0.117%	$3.4M	$1.9M	50x
BloFin AAVE-USDT	+0.0220%	8h	141.57	−0.162%	$3.3M	$3.4M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	142.00	+0.141%	$753K	$2.3M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0253% / S −0.0360%	1h	141.89	+0.066%	$111K	—	100x	as long as short