Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.020%
Price spread now: Kraken Futures against dYdX+0.179%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$364as in the Funding arb table
Net, price: spread back to 7d avg − costs−$352as in the Price arb table
costs, in and out, $10k−$3683.677% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.179%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.159% dearer against dYdX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.032% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 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 | dYdX AAVE-USD | 142.73 | 0 | get 0.0000% / 1h | 25m 03s | $102K | $4K | 10x |
| Short | Kraken Futures PF_AAVEUSD | 142.98 | 0.0324 | get 0.0040% / 1h | 25m 03s | $3.4M | $2.1M | 50x |
dYdX AAVE-USD
Kraken Futures PF_AAVEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- $67.96
- Price spread: +0.179% → +0.020%
- $15.86
- Slippage, 4 orders
- −$347.69
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$283.86
- Costs to cover
- 3.677%
- Break-even
- 36.2 days
Slippage from dYdX: live order book, 34 min ago; Kraken Futures: live order book, 4 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 dYdX live order book, 34 min ago | 82.64 bp | 87.6 bp −$88 | 87.6 bp −$876 | 111.1 bp −$11.1K | 376.3 bp −$188.1K |
| Sell Kraken Futures live order book, 4 min ago | 5.26 bp | 13.5 bp −$13 | 18.9 bp −$189 | 140.3 bp −$14.0K | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0152% | 1h | 142.76 | +0.024% | $10K | $2K | 5x | as long as short |
| dYdX AAVE-USDlong | 0.0000% | 1h | 142.73 | long leg | $102K | $4K | 10x | |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.92 | +0.136% | $46K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.89 | +0.115% | $219K | $401K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.87 | +0.102% | $80K | — | 150x | as long as short |
| Nado AAVE-PERP | +0.0010% | 1h | 142.77 | +0.031% | $841K | $446K | 10x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.040% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.85 | +0.087% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0048% | 8h | 142.86 | +0.094% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0056% | 1h | 143.03 | +0.213% | $4K | $102K | 10x | as long as short |
01 Exchange AAVEUSD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Nado AAVE-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAVE | +0.0096% | 1h | 142.96 | +0.161% | $4.5M | $2.0M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.66 | −0.047% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.89 | +0.115% | $76.9M | $35.5M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.88 | +0.106% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.71 | −0.013% | $327K | $448K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.88 | +0.111% | $63.9M | $186.4M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.79 | +0.045% | $61.1M | $67.1M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.78 | +0.038% | $17.1M | $64.1M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.87 | +0.101% | $64K | $205K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.50 | −0.862% | $57K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.85 | +0.087% | $8.1M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.86 | +0.094% | $25.2M | $23.8M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.84 | +0.080% | $10.5M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.69 | −0.025% | $29.0M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 142.79 | +0.045% | — | $43.8M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.91 | +0.129% | $336K | $719K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.60 | −0.089% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.62 | −0.078% | $103K | $278K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.67 | −0.040% | $459K | $3.8M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.71 | −0.011% | $133K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.92 | +0.136% | $125K | $386K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.82 | +0.069% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.88 | +0.108% | $5K | $292K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.95 | +0.160% | $688K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.77 | +0.031% | $4.0M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.83 | +0.071% | $896K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.90 | +0.122% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0136% | 1h | 142.85 | +0.089% | $178K | $242K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.80 | +0.052% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.87 | +0.103% | $112K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSDshort | +0.0324% | 1h | 142.98 | +0.179% | $3.4M | $2.1M | 50x | |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 142.95 | +0.157% | $793K | $2.8M | 50x | as long as short |
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
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
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX