AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Pacifica against Extended+0.065%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.065%, 7d avg +0.073%

Together, before fees+0.008%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AAVE-USD	146.02	0.0104	pay 0.0013% / 1h	10m 51s	$940K	$1.7M	50x
Short	Pacifica AAVE	146.11	0.0100	get 0.0013% / 1h	10m 51s	$333K	$504K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.065%Rate

Funding earned: −$0.84
Price spread: +0.065% → +0.073%: −$0.86
Slippage, 4 orders: −$16.14
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$30.84
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Pacifica: live order book, 3 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 Extended live order book, 3 min ago	2.74 bp	6.4 bp −$6	19.6 bp −$196	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	2.39 bp	6.5 bp −$7	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
SoDEX AAVE-USD	−0.0117%	1h	145.90	−0.080%	$5K	$305K	10x	as long as short
01 Exchange AAVEUSD	−0.0040%	1h	145.96	−0.039%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	146.26	+0.166%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.23	+0.148%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.06	+0.030%	$83K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	145.98	−0.025%	$255K	$391K	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.05	+0.026%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.00	−0.008%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0032%	8h	146.04	+0.013%	$66.6M	$186.7M	75x	as long as short
MEXC AAVE_USDT	+0.0033%	8h	146.04	+0.016%	$29.8M	$26.1M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.203%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.91	−0.074%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.91	−0.073%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0069%	8h	146.02	+0.002%	$17.9M	$67.6M	50x	as long as short
Gate AAVE_USDT	+0.0072%	8h	146.04	+0.016%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.94	−0.053%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.15	+0.090%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.10	+0.055%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.02	+0.002%	$804K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.21	+0.132%	$80.6M	$34.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.02	+0.002%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	146.11	+0.065%	$333K	$504K	10x
Bybit AAVEUSDT	+0.0100%	8h	146.05	+0.023%	$62.3M	$65.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.00	−0.012%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	+0.148%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.05	+0.023%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.01	−0.005%	$30.3M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.01	−0.005%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.02	+0.002%	$347K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.93	−0.057%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.13	+0.078%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.16	+0.100%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.12	+0.071%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.02	+0.002%	$127K	$454K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.91	−0.070%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.23	+0.149%	$692K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.03	+0.009%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USDlong	+0.0104%	1h	146.02	long leg	$940K	$1.7M	50x
RISEx AAVE/USDC	+0.0106%	1h	146.01	−0.004%	$185K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0130%	8h	145.93	−0.060%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.02	+0.003%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.32	+0.208%	$790K	$3.0M	50x	as long as short