Funding you earn now, next payment 04:00 UTC−0.0326%/8h= −35.7% APRnext payment −$0.41 per $10,000 · paid last 24h −0.052%
Price spread now: Nado against Coinbase International−0.035%7-day average −0.105% · 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−$35as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 3 days (all we have)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.035%, 7d avg −0.105%
=Together, before fees−0.132%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.070% dearer against Coinbase International than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.105%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 3 days (−0.076% in total) that is about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.076% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAVE-PERP-INTX | 142.91 | 0.0360 | pay 0.0045% / 1h | 11m 40s | $781K | $2.8M | 50x |
| Short | Nado AAVE-PERP | 142.86 | 0.0034 | get 0.0004% / 1h | 11m 40s | $832K | $398K | 10x |
Coinbase International AAVE-PERP-INTX
Nado AAVE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$68.5
- Price spread: −0.035% → −0.105%
- $6.99
- Slippage, 4 orders
- −$24.64
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$103.16
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Nado: live order book, 42 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 Coinbase International live order book, 2 min ago | 5.59 bp | 14.5 bp −$14 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Nado live order book, 42 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 | 142.74 | −0.117% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.83 | −0.056% | $51K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.76 | −0.105% | $218K | $390K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.76 | −0.104% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.163% | $422 | $51K | 12x | as long as short |
| Phoenix AAVE | +0.0033% | 1h | 143.19 | +0.196% | $4K | $106K | 10x | as long as short |
| Nado AAVE-PERPshort | +0.0034% | 1h | 142.86 | −0.035% | $832K | $398K | 10x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.70 | −0.146% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0057% | 8h | 142.73 | −0.126% | $18K | $10K | 10x | as long as short |
| Phemex AAVEUSDT | +0.0066% | 8h | 142.75 | −0.112% | $4.0M | $3.6M | 50x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Phoenix AAVE
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Phemex AAVEUSDTShow 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 | −0.021% | $10K | $2K | 5x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.79 | −0.082% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.87 | −0.030% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.83 | −0.054% | $327K | $446K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.82 | −0.062% | $63.8M | $188.1M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.79 | −0.084% | $61.4M | $67.8M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.78 | −0.091% | $17.0M | $64.4M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.88 | −0.021% | $64K | $199K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.97 | +0.042% | $58K | −$0 | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.78 | −0.091% | $8.0M | $16.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.82 | −0.063% | $25.8M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.80 | −0.077% | $10.3M | $9.4M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.77 | −0.098% | $29.2M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 142.78 | −0.091% | — | $43.6M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.90 | −0.007% | $335K | $722K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.94 | +0.021% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.04 | +0.092% | $104K | $281K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.07 | +0.110% | $457K | $3.8M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.13 | +0.154% | $133K | $221K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.82 | −0.063% | $132K | $449K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.68 | −0.163% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.76 | −0.105% | $5K | $310K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.01 | +0.071% | $684K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.72 | −0.134% | $908K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.79 | −0.085% | $121K | $146 | 10x | as long as short |
| Hyperliquid AAVE | +0.0114% | 1h | 142.93 | +0.014% | $78.1M | $37.1M | 10x | as long as short |
| RISEx AAVE/USDC | +0.0132% | 1h | 142.89 | −0.015% | $185K | $251K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.96 | +0.035% | $3.3M | $3.6M | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0248% | 1h | 142.84 | −0.047% | $3.4M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.73 | −0.123% | $112K | — | 100x | as long as short |
| Lighter AAVE | +0.0256% | 1h | 143.05 | +0.095% | $4.5M | $2.4M | 10x | as long as short |
| Coinbase International AAVE-PERP-INTXlong | +0.0360% | 1h | 142.91 | long leg | $781K | $2.8M | 50x |
01 Exchange AAVEUSD
Paradex AAVE-USD-PERP
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Extended AAVE-USD
Aevo AAVE-PERP
Hyperliquid AAVE
RISEx AAVE/USDC
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
GMX AAVE/USD [AAVE-USDC]
Lighter AAVE