AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against dYdX+0.013%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$148as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1661.655% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.173%+$17 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.013%, 7d avg 0.000%

Together, before fees+0.166%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	142.58	0	get 0.0000% / 1h	41m 47s	$102K	$4K	10x
Short	Pacifica AAVE	142.60	0.0100	get 0.0013% / 1h	41m 47s	$326K	$447K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee dYdXbpFee PacificabpOrdersPrice spread, now +0.013%Rate

Funding earned: $21
Price spread: +0.013% → 0.000%: $1.29
Slippage, 4 orders: −$147.5
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$143.21
Costs to cover: 1.655%
Break-even: 54.7 days

Slippage from dYdX: live order book, 7 min ago; Pacifica: live order book, 7 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, 7 min ago	69.02 bp	74.0 bp −$74	74.0 bp −$740	74.0 bp −$7,402	74.0 bp −$37.0K
Sell Pacifica live order book, 7 min ago	3.48 bp	8.5 bp −$8	doesn't fit	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
Nado AAVE-PERP	−0.0026%	1h	142.50	−0.061%	$830K	$402K	10x	as long as short
dYdX AAVE-USDlong	0.0000%	1h	142.58	long leg	$102K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	142.57	−0.008%	$55K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.66	+0.055%	$218K	$393K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.58	−0.001%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.943%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.49	−0.064%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0064%	8h	142.64	+0.041%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0078%	8h	142.63	+0.034%	$4.0M	$3.6M	50x	as long as short
01 Exchange AAVEUSD	+0.0088%	1h	142.59	+0.006%	$10K	$2K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.52	−0.046%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.80	+0.153%	$78.1M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.61	+0.017%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	142.60	+0.013%	$326K	$447K	10x
Binance AAVEUSDT	+0.0100%	8h	142.56	−0.015%	$63.6M	$189.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.56	−0.015%	$61.1M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.55	−0.022%	$17.1M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.63	+0.034%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.52	−0.041%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.52	−0.043%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.53	−0.036%	$25.6M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.56	−0.015%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.51	−0.050%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.51	−0.050%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.88	+0.209%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.12	+0.376%	$105K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.99	+0.287%	$448K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.01	+0.300%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.58	−0.001%	$134K	$453K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.64	+0.041%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.63	+0.034%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.82	+0.170%	$682K	$5.2M	75x	as long as short
Backpack AAVE_USDC_PERP	+0.0104%	1h	142.72	+0.097%	$335K	$727K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.45	−0.093%	$903K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.68	+0.065%	$121K	$146	10x	as long as short
Phoenix AAVE	+0.0118%	1h	143.00	+0.293%	$4K	$106K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.59	+0.007%	$186K	$251K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.58	−0.001%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0237%	1h	142.73	+0.103%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.59	+0.008%	$111K	—	100x	as long as short
Lighter AAVE	+0.0360%	1h	142.87	+0.202%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	142.71	+0.090%	$785K	$2.8M	50x	as long as short