Funding you earn now, next payment 22:00 UTC−0.0284%/8h= −31.0% APRpaid last 24h −0.036%
Price spread now: SoDEX against GRVT+0.053%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.285% of the position
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)+0.080%+$8 · spread now +0.053%, 7d avg −0.005%
=Together, before fees+0.022%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.058% dearer against GRVT than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.005%): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.059% in total) that is about 3.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.059% in total (about -7.0% a year). A funding rate is set anew for every payment. 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 | GRVT AAVE_USDT_Perp | 144.35 | 0.0094 | pay 0.0094% / 8h | 2h 31m | $455K | $3.9M | 10x |
| Short | SoDEX AAVE-USD | 144.43 | −0.0190 | pay 0.0024% / 1h | 31m 22s | $5K | $299K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against GRVT. 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
- −$59.54
- Price spread: +0.053% → −0.005%
- $5.82
- Slippage, 4 orders
- −$11.49
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$82.2
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; SoDEX: live order book, 57 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 GRVT live order book, 3 min ago | 0.35 bp | 9.5 bp −$10 | 15.3 bp −$153 | 14585.2 bp −$1.46M | doesn't fit |
| Sell SoDEX live order book, 57 min ago | 0.34 bp | 5.7 bp −$6 | 10.0 bp −$100 | 96.6 bp −$9,661 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0373% | 1h | 144.46 | +0.074% | $249K | $483K | 50x | as long as short |
| SoDEX AAVE-USDshort | −0.0190% | 1h | 144.43 | +0.053% | $5K | $299K | 10x | |
| 01 Exchange AAVEUSD | −0.0136% | 1h | 144.43 | +0.053% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.43 | +0.053% | $4K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 144.40 | +0.035% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 144.32 | −0.023% | $71K | $1.6M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 144.45 | +0.069% | $70K | — | 150x | as long as short |
| ApeX Omni AAVEUSDT | +0.0006% | 1h | 144.42 | +0.046% | $134K | $229K | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 144.57 | +0.148% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.122% | $422 | $51K | 12x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 144.43 | +0.056% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0051% | 8h | 144.42 | +0.046% | $17.5M | $65.8M | 50x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0054% | 8h | 144.43 | +0.053% | $18K | $12K | 10x | as long as short |
| Gate AAVE_USDT | +0.0057% | 8h | 144.40 | +0.032% | $7.7M | $15.8M | 75x | as long as short |
| Binance AAVEUSDT | +0.0063% | 8h | 144.41 | +0.041% | $65.7M | $183.5M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0064% | 8h | 144.42 | +0.046% | $31.7M | $26.2M | 200x | as long as short |
| Nado AAVE-PERP | +0.0089% | 1h | 144.38 | +0.022% | $801K | $436K | 10x | as long as short |
| GRVT AAVE_USDT_Perplong | +0.0094% | 8h | 144.35 | long leg | $455K | $3.9M | 10x | |
| Lighter AAVE | +0.0096% | 1h | 144.62 | +0.187% | $4.6M | $1.6M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 144.48 | +0.085% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 144.45 | +0.067% | $180K | $241K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.45 | +0.066% | $14K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.59 | +0.164% | $80.3M | $33.0M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.41 | +0.037% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.46 | +0.071% | $329K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.43 | +0.053% | $61.5M | $65.4M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.41 | +0.039% | $50K | $274K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.30 | −0.040% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.44 | +0.060% | $10.3M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 144.42 | +0.046% | $30.1M | $18.2M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 144.41 | +0.039% | — | $44.0M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 144.45 | +0.067% | $377K | $702K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.08 | −0.190% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.32 | −0.021% | $101K | $314K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.52 | +0.115% | $126K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 144.45 | +0.069% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 144.47 | +0.081% | $724K | $4.9M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.33 | −0.016% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 144.43 | +0.050% | $928K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0187% | 8h | 144.33 | −0.016% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 144.36 | +0.004% | $777K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0266% / S −0.0438% | 1h | 144.45 | +0.068% | $124K | — | 100x | as long as short |
GRVT AAVE_USDT_Perp
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
Phoenix AAVE
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
ApeX Omni AAVEUSDT
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERP
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
Binance AAVEUSDT
MEXC AAVE_USDT
Lighter AAVE
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]