AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h +0.007%

Price spread now: Phoenix against gTrade (Gains Network)−0.137%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.137% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AAVE/USD	141.58	L +0.0005% / S −0.0004%	pay 0.0001% / 1h	0m 47s	$79K	—	150x
Short	Phoenix AAVE	141.39	0.0152	get 0.0019% / 1h	0m 47s	$5K	$98K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee PhoenixbpOrdersPrice spread, now −0.137%Rate

Funding earned: $30.91
Price spread: −0.137% → 0.000%: −$13.7
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $0.21
Costs to cover: 0.170%
Break-even: 7.0 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: no order-book sample. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Phoenix no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX AAVE-USD	0.0000%	1h	141.63	+0.029%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.58	−0.003%	$46K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.58	−0.003%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USDlong	L +0.0005% / S −0.0004%	1h	141.58	long leg	$79K	—	150x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.266%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.55	−0.027%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0084%	8h	141.52	−0.045%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.75	+0.121%	$4.5M	$2.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.55	−0.025%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.53	−0.038%	$825K	$398K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	141.66	+0.054%	$77.3M	$37.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.60	+0.011%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.56	−0.016%	$330K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.56	−0.017%	$63.7M	$192.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.56	−0.017%	$60.9M	$69.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.56	−0.017%	$16.6M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.53	−0.038%	$91K	$222K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.54	−0.031%	$8.1M	$16.7M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.55	−0.024%	$23.1M	$24.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.64	+0.040%	$10.3M	$9.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.51	−0.052%	$28.8M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.57	−0.010%	—	$43.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.53	−0.041%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.28	−0.215%	$109K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.28	−0.216%	$451K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.24	−0.243%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.67	+0.061%	$134K	$484K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.38	−0.141%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.56	−0.017%	$5K	$298K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.75	+0.115%	$668K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.65	+0.047%	$3.9M	$3.6M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.32	−0.186%	$163K	$106K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.50	−0.062%	$909K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.58	−0.006%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	141.49	−0.066%	$10K	$2K	5x	as long as short
Phoenix AAVEshort	+0.0152%	1h	141.39	−0.137%	$5K	$98K	10x
BloFin AAVE-USDT	+0.0220%	8h	141.58	−0.003%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	141.47	−0.082%	$184K	$294K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0247%	1h	141.75	+0.117%	$385K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.58	−0.004%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.70	+0.082%	$754K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0270%	1h	141.66	+0.054%	$3.4M	$2.1M	50x	as long as short