AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.004%

Price spread now: Nado against Bulk+0.011%7-day average — · 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−$22as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Bulk Short on Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk AAVE-USD	141.77	0.0100	pay 0.0013% / 1h	52m 32s	$160K	$103K	10x
Short	Nado AAVE-PERP	141.78	0.0075	get 0.0009% / 1h	52m 32s	$827K	$396K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.011%Rate

Funding earned: −$5.18
Price spread: +0.011% → 0.000%: $1.05
Slippage, 4 orders: −$9.1
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$27.22
Costs to cover: 0.231%
Break-even: never at this rate

Slippage from Bulk: live order book, 17 min ago; Nado: live order book, 51 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, 17 min ago	0.35 bp	3.9 bp −$4	7.5 bp −$75	29.0 bp −$2,900	87.9 bp −$43.9K
Sell Nado live order book, 51 min ago	0.35 bp	6.3 bp −$6	12.3 bp −$123	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	141.85	+0.058%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.79	+0.018%	$50K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.75	−0.011%	$215K	$388K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.78	+0.008%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.389%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.84	+0.050%	—	—	20x	as long as short
Nado AAVE-PERPshort	+0.0075%	1h	141.78	+0.011%	$827K	$396K	10x
Orderly PERP_AAVE_USDC	+0.0081%	8h	141.71	−0.039%	$18K	$7K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.09	+0.229%	$4.5M	$2.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.77	+0.003%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	142.00	+0.166%	$77.6M	$36.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.91	+0.101%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.90	+0.095%	$324K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.88	+0.081%	$63.5M	$189.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.87	+0.074%	$61.1M	$67.9M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.88	+0.081%	$16.9M	$64.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.94	+0.123%	$63K	$193K	10x	as long as short
Bulk AAVE-USDlong	+0.0100%	1h	141.77	long leg	$160K	$103K	10x
Gate AAVE_USDT	+0.0100%	8h	141.84	+0.053%	$8.0M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.82	+0.039%	$24.0M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.88	+0.081%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.83	+0.046%	$29.0M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.82	+0.039%	—	$43.4M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.34	−0.301%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.55	−0.149%	$107K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.64	−0.090%	$442K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.62	−0.102%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.95	+0.130%	$141K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.78	+0.013%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.75	−0.011%	$5K	$286K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.94	+0.125%	$672K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.83	+0.046%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.76	−0.005%	$901K	$1.7M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	141.96	+0.138%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.76	−0.001%	$120K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	141.74	−0.018%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.81	+0.032%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	141.91	+0.105%	$187K	$276K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	141.76	−0.005%	$111K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.51	−0.180%	$750K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0270%	1h	141.85	+0.060%	$3.4M	$2.1M	50x	as long as short
Backpack AAVE_USDC_PERP	+0.0290%	1h	141.95	+0.130%	$389K	$728K	10x	as long as short