Settings8H · net · $10k
Funding arb · Price arb /

AAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: GRVT against dYdX+0.021%110s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$343as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3543.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.107%+$11 on $10k
Price spread, last 4 days (all we have)+0.131%+$13 · spread now +0.021%, 7d avg +0.004%
Together, before fees+0.238%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX AAVE-USD146.130get 0.0000% / 1h27m 47s$104K$5K10x
ShortGRVT AAVE_USDT_Perp146.160.0100get 0.0100% / 8h27m 47s$462K$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against dYdX. 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

Funding earned
$21
Price spread: +0.021% → +0.004%
$1.71
Slippage, 4 orders
−$335.05
Fee dYdX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$331.33
Costs to cover
3.540%
Break-even
117.4 days
Slippage from dYdX: live order book, 51 min ago; GRVT: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 51 min ago158.47 bp165.3 bp −$165165.5 bp −$1,655165.5 bp −$16.6K265.7 bp −$132.9K
Sell GRVT live order book, 1 min ago0.34 bp10.7 bp −$1120.6 bp −$206doesn't fitdoesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USD−0.0076%1h146.04−0.063%$5K$305K10xas long as short
Phoenix AAVE−0.0027%1h146.18+0.032%$5K$99K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h146.05−0.057%$255K$394K50xas long as short
01 Exchange AAVEUSD−0.0008%1h146.03−0.070%$11K$2K5xas long as short
dYdX AAVE-USDlong0.0000%1h146.13long leg$104K$5K10x
Kalshi KXAAVEPERP0.0000%8h146.02−0.077%$84K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h146.12−0.008%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.06−0.048%$71K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.277%$422$51K12xas long as short
MEXC AAVE_USDT+0.0041%8h146.07−0.043%$30.2M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0041%8h146.03−0.070%$66.6M$185.9M75xas long as short
Reya AAVERUSDPERP+0.0044%1h145.95−0.126%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.98−0.104%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0073%8h146.03−0.070%$18.0M$67.7M50xas long as short
Gate AAVE_USDT+0.0077%8h146.06−0.050%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h146.06−0.046%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.23+0.067%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.02−0.078%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.99−0.101%$803K$442K10xas long as short
Hyperliquid AAVE+0.0100%1h146.24+0.072%$80.7M$34.6M10xas long as short
Aster AAVEUSDT+0.0100%8h146.130.000%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.06−0.051%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.03−0.070%$62.3M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h146.04−0.063%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h146.07−0.043%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.06−0.050%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.95−0.125%$30.4M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h146.06−0.050%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.14+0.005%$348K$745K10xas long as short
Variational Omni AAVE+0.0100%8h146.17+0.024%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.18+0.033%$105K$317K20xas long as short
GRVT AAVE_USDT_Perpshort+0.0100%8h146.16+0.021%$462K$3.8M10x
ApeX Omni AAVEUSDT+0.0100%1h146.19+0.039%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.04−0.063%$127K$456K10xas long as short
SunX AAVE-USDT+0.0100%8h146.09−0.028%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.09−0.028%$698K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h146.07−0.043%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h146.03−0.072%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h146.05−0.056%$186K$246K10xas long as short
BloFin AAVE-USDT+0.0161%8h146.12−0.009%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h146.06−0.052%$126K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.33+0.135%$788K$3.0M50xas long as short