AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0151%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.047%

Price spread now: RISEx against Coinbase International+0.292%7-day average −0.068% · 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+$1as in the Price arb table

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

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.101%−$10 on $10k

Price spread, last 3 days (all we have)−0.433%−$43 · spread now +0.292%, 7d avg −0.068%

Together, before fees−0.534%−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.360% dearer against Coinbase International than usual: you sell high and buy low (spread +0.292% now, against its 7-day average of −0.068%): +$36 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AAVE-PERP-INTX	144.36	0.0248	pay 0.0031% / 1h	26m 15s	$777K	$3.0M	50x
Short	RISEx AAVE/USDC	144.78	0.0097	get 0.0012% / 1h	26m 15s	$180K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 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 Coinbase InternationalbpFee RISExbpOrdersPrice spread, now +0.292%Rate

Funding earned: −$31.61
Price spread: +0.292% → −0.068%: $36
Slippage, 4 orders: −$19.3
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$30.91
Costs to cover: 0.353%
Break-even: from the start

Slippage from Coinbase International: live order book, 3 min ago; RISEx: live order book, 62 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, 3 min ago	6.22 bp	12.2 bp −$12	16.6 bp −$166	doesn't fit	doesn't fit
Sell RISEx live order book, 62 min ago	1.62 bp	4.6 bp −$5	10.3 bp −$103	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	−0.0302%	1h	144.91	+0.381%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0179%	1h	144.87	+0.353%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.78	+0.291%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.63	+0.187%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.83	+0.327%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.58	+0.152%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.97	+0.425%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.01	+0.451%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.126%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0041%	1h	144.40	+0.028%	$134K	$229K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	144.73	+0.260%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.89	+0.367%	$17.5M	$66.1M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0053%	8h	144.87	+0.353%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.90	+0.374%	$7.8M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0060%	8h	144.88	+0.360%	$31.6M	$26.3M	200x	as long as short
Binance AAVEUSDT	+0.0060%	8h	144.87	+0.355%	$66.0M	$184.1M	75x	as long as short
Nado AAVE-PERP	+0.0087%	1h	144.73	+0.255%	$803K	$436K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.45	+0.065%	$455K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.05	+0.480%	$4.7M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.90	+0.376%	$122K	$146	10x	as long as short
RISEx AAVE/USDCshort	+0.0097%	1h	144.78	+0.292%	$180K	$241K	10x
Paradex AAVE-USD-PERP	+0.0100%	8h	144.76	+0.279%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.88	+0.360%	$80.5M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.78	+0.291%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.87	+0.354%	$330K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.93	+0.395%	$61.7M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.73	+0.256%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.044%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.79	+0.298%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.94	+0.402%	$30.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.91	+0.381%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.94	+0.402%	$378K	$702K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.45	+0.061%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.36	+0.002%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.83	+0.326%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.70	+0.236%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.11	+0.521%	$723K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.93	+0.395%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.84	+0.331%	$933K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0180%	8h	144.78	+0.291%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTXlong	+0.0248%	1h	144.36	long leg	$777K	$3.0M	50x
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.98	+0.429%	$125K	—	100x	as long as short