AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0470%/8h= +51.5% APRnext payment +$0.59 per $10,000 · paid last 24h +0.311%

Price spread now: Polymarket Perps against Deribit+0.028%7-day average +0.058% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.503%+$50 on $10k

Price spread, last 3 days (all we have)−0.482%−$48 · spread now +0.028%, 7d avg +0.058%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.031% cheaper against Deribit than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.058%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AAVE_USDC-PERPETUAL	145.07	−0.0370	get 0.0046% / 1h	49m 54s	$246K	$477K	50x
Short	Polymarket Perps AAVE-USD	145.11	0.0100	get 0.0013% / 1h	49m 54s	$127K	$468K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.028%Rate

Funding earned: $98.7
Price spread: +0.028% → +0.058%: −$3.07
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $80.63
Costs to cover: 0.150%
Break-even: 1.3 days

Slippage unknown: Deribit: live order book, 34 min ago; Polymarket Perps: live order book, 37 min ago. Net counts fees only.

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 Deribit live order book, 34 min ago	14.23 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 37 min ago	2.36 bp	7.7 bp −$8	9.0 bp −$90	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-PERPETUALlong	−0.0370%	1h	145.07	long leg	$246K	$477K	50x
SoDEX AAVE-USD	−0.0154%	1h	145.02	−0.034%	$5K	$311K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.94	−0.090%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	145.35	+0.193%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.13	+0.038%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.99	−0.055%	$75K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.13	+0.044%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.18	+0.075%	$3.5M	$2.0M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.590%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.06	−0.004%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AAVE-USDT-SWAP	+0.0049%	8h	145.36	+0.200%	$17.7M	$65.7M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0059%	8h	145.02	−0.034%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0067%	8h	145.33	+0.179%	$7.8M	$15.6M	75x	as long as short
MEXC AAVE_USDT	+0.0080%	8h	145.29	+0.152%	$32.2M	$26.0M	200x	as long as short
Binance AAVEUSDT	+0.0081%	8h	145.29	+0.152%	$66.0M	$181.6M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0095%	1h	145.30	+0.159%	$135K	$229K	50x	as long as short
Lighter AAVE	+0.0096%	1h	145.24	+0.114%	$4.7M	$1.6M	10x	as long as short
Nado AAVE-PERP	+0.0097%	1h	144.97	−0.072%	$813K	$440K	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.03	−0.030%	$180K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.98	−0.064%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.50	+0.296%	$81.3M	$32.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.08	+0.010%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.00	−0.045%	$330K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.34	+0.186%	$62.0M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.98	−0.062%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.14	+0.046%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.22	+0.103%	$10.3M	$8.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.35	+0.193%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.31	+0.165%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.20	+0.090%	$346K	$685K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.98	−0.065%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.27	+0.137%	$100K	$312K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.67	+0.411%	$461K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USDshort	+0.0100%	1h	145.11	+0.028%	$127K	$468K	10x
SunX AAVE-USDT	+0.0100%	8h	145.00	−0.045%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.17	+0.069%	$738K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.10	+0.021%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.27	+0.140%	$936K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	145.07	0.000%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0201%	8h	144.76	−0.214%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	145.19	+0.083%	$781K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	145.12	+0.035%	$125K	—	100x	as long as short