Funding you earn now, next payment 04:00 UTC+0.1084%/8h= +118.7% APRnext payment +$1.35 per $10,000 · paid last 24h +0.282%
Price spread now: RISEx against Deribit+0.308%7-day average +0.018% · 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$0as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 4 days (all we have)+0.339%+$34 on $10k
+Price spread, last 4 days (all we have)−0.525%−$53 · spread now +0.308%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and RISEx is 0.290% dearer against Deribit than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.339% in total (about 34.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.35 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 | Deribit AAVE_USDC-PERPETUAL | 141.68 | −0.0948 | get 0.0118% / 1h | 46m 39s | $222K | $396K | 50x |
| Short | RISEx AAVE/USDC | 142.12 | 0.0136 | get 0.0017% / 1h | 46m 39s | $177K | $241K | 10x |
Deribit AAVE_USDC-PERPETUAL
RISEx AAVE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Deribit. 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
- $227.63
- Price spread: +0.308% → +0.018%
- $29.02
- Slippage, 4 orders
- −$16.27
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $227.38
- Costs to cover
- 0.293%
- Break-even
- 0.0 days
Slippage from Deribit: live order book, 7 min ago; RISEx: live order book, 12 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 Deribit live order book, 7 min ago | 5.26 bp | 11.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 12 min ago | 1.30 bp | 4.3 bp −$4 | 12.0 bp −$120 | 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 | −0.0948% | 1h | 141.68 | long leg | $222K | $396K | 50x | |
| 01 Exchange AAVEUSD | −0.0168% | 1h | 142.01 | +0.233% | $10K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0067% | 1h | 141.85 | +0.120% | $5K | $298K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 142.14 | +0.328% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.88 | +0.141% | $47K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.95 | +0.191% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.331% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.88 | +0.143% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0046% | 8h | 141.80 | +0.085% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0056% | 1h | 142.03 | +0.247% | $4K | $102K | 10x | as long as short |
01 Exchange AAVEUSD
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AAVE-PERP | +0.0062% | 1h | 141.89 | +0.146% | $843K | $446K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 142.06 | +0.267% | $4.5M | $1.9M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.12 | +0.313% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.01 | +0.232% | $76.6M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.92 | +0.172% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.07 | +0.277% | $323K | $433K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.09 | +0.289% | $63.7M | $185.5M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.12 | +0.311% | $60.8M | $66.5M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.11 | +0.304% | $17.0M | $63.7M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.15 | +0.332% | $63K | $204K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.12 | +0.311% | $8.0M | $15.6M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.12 | +0.311% | $25.1M | $23.6M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.00 | +0.226% | $10.5M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.03 | +0.247% | $28.9M | $18.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 142.11 | +0.304% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.05 | +0.261% | $337K | $715K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.06 | +0.268% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.89 | +0.149% | $102K | $279K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.90 | +0.153% | $448K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 141.88 | +0.141% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.01 | +0.233% | $122K | $384K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.92 | +0.169% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 141.92 | +0.167% | $683K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.90 | +0.155% | $4.0M | $3.7M | 50x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.68 | +0.703% | $58K | $2K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.04 | +0.256% | $895K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.81 | +0.092% | $120K | $146 | 10x | as long as short |
| RISEx AAVE/USDCshort | +0.0136% | 1h | 142.12 | +0.308% | $177K | $241K | 10x | |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.91 | +0.162% | $3.3M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 141.96 | +0.200% | $111K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0326% | 1h | 141.91 | +0.165% | $3.4M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 142.09 | +0.289% | $775K | $2.8M | 50x | as long as short |
Nado AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Bulk AAVE-USD
Extended AAVE-USD
Aevo AAVE-PERP
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD
Coinbase International AAVE-PERP-INTX