Funding you earn now, next payment 04:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.030%
Price spread now: Kraken Futures against Injective+3.585%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 3.585% dearer against Injective than usual: you sell high and buy low: +$358 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 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 | Injective AAVE/USDC PERP | 136.96 | 0.0033 | pay 0.0004% / 1h | 47m 32s | $422 | $51K | 12x |
| Short | Kraken Futures PF_AAVEUSD | 141.87 | 0.0326 | get 0.0041% / 1h | 47m 32s | $3.4M | $2.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- $61.49
- Price spread: +3.585% → 0.000%
- $358.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $409.95
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 1 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 5.99 bp | 12.2 bp −$12 | 23.9 bp −$239 | 159.4 bp −$15.9K | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.7011% | 1h | 140.82 | +2.818% | $221K | $396K | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0168% | 1h | 142.01 | +3.687% | $10K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0078% | 1h | 141.79 | +3.527% | $5K | $298K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 141.88 | +3.594% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.60 | +3.388% | $47K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.93 | +3.632% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERPlong | +0.0033% | 1h | 136.96 | long leg | $422 | $51K | 12x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.85 | +3.567% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0046% | 8h | 141.85 | +3.570% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0056% | 1h | 142.03 | +3.702% | $4K | $102K | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AAVE-PERP | +0.0062% | 1h | 141.89 | +3.598% | $843K | $446K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 141.83 | +3.553% | $4.5M | $1.8M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.92 | +3.618% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 141.90 | +3.607% | $76.6M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.74 | +3.491% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 141.86 | +3.575% | $323K | $433K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 141.92 | +3.620% | $63.6M | $185.3M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 141.83 | +3.556% | $60.7M | $66.5M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.88 | +3.592% | $17.0M | $63.6M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.05 | +3.716% | $63K | $204K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.91 | +3.614% | $7.9M | $15.6M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 141.84 | +3.563% | $25.1M | $23.6M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.85 | +3.570% | $10.5M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.77 | +3.512% | $28.9M | $18.3M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 141.91 | +3.614% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 141.90 | +3.607% | $337K | $715K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.06 | +3.724% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.89 | +3.600% | $102K | $279K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.90 | +3.605% | $448K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 141.88 | +3.592% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 141.95 | +3.643% | $122K | $384K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 141.81 | +3.538% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.03 | +3.699% | $683K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.76 | +3.505% | $4.0M | $3.7M | 50x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.68 | +4.174% | $58K | $2K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.88 | +3.594% | $895K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.64 | +3.414% | $120K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0136% | 1h | 142.05 | +3.715% | $177K | $241K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.55 | +3.351% | $3.3M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 141.91 | +3.618% | $111K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSDshort | +0.0326% | 1h | 141.87 | +3.585% | $3.4M | $2.1M | 50x | |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 142.13 | +3.775% | $775K | $2.8M | 50x | as long as short |
Injective AAVE/USDC PERP
Kraken Futures PF_AAVEUSD
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
SoDEX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Phoenix AAVE
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Bulk AAVE-USD
Extended AAVE-USD
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX