AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0119%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h −0.002%

Price spread now: Phoenix against Injective+2.935%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 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 +$4 a day on $10k at the current rate, and Phoenix is 2.935% dearer against Injective than usual: you sell high and buy low: +$294 more if the spread goes back to zero (this spread has no 7-day history 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	24m 02s	$422	$51K	12x
Short	Phoenix AAVE	140.98	0.0152	get 0.0019% / 1h	24m 02s	$5K	$98K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Injective. 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 InjectivebpFee PhoenixbpOrdersPrice spread, now +2.935%Rate

Funding earned: $24.95
Price spread: +2.935% → 0.000%: $293.52
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $311.45
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 71 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 Phoenix live order book, 71 min ago	0.70 bp	14.0 bp −$14	46.7 bp −$467	doesn't fit	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
dYdX AAVE-USD	0.0000%	1h	140.96	+2.918%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	140.90	+2.877%	$45K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	140.96	+2.921%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	140.92	+2.894%	$78K	—	150x	as long as short
Injective AAVE/USDC PERPlong	+0.0033%	1h	136.96	long leg	$422	$51K	12x
Reya AAVERUSDPERP	+0.0044%	1h	140.89	+2.868%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0082%	8h	140.91	+2.884%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.12	+3.034%	$4.5M	$2.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	140.85	+2.837%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	140.85	+2.844%	$822K	$397K	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	141.09	+3.015%	$77.1M	$37.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.01	+2.958%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	140.89	+2.870%	$328K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	140.91	+2.884%	$63.1M	$191.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	140.92	+2.891%	$60.5M	$69.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	140.94	+2.906%	$16.6M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.00	+2.950%	$91K	$221K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.09	+3.014%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	140.98	+2.935%	$8.0M	$16.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	140.93	+2.899%	$22.9M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	140.95	+2.913%	$10.1M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.91	+2.884%	$28.6M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	140.92	+2.891%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	140.88	+2.861%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.09	+3.019%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.16	+3.070%	$443K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.08	+3.008%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	140.96	+2.921%	$133K	$483K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	140.91	+2.883%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	140.92	+2.891%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.04	+2.980%	$666K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	140.95	+2.913%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.89	+2.868%	$910K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	140.95	+2.913%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	140.96	+2.917%	$119K	$146	10x	as long as short
Phoenix AAVEshort	+0.0152%	1h	140.98	+2.935%	$5K	$98K	10x
BloFin AAVE-USDT	+0.0220%	8h	140.89	+2.869%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	140.91	+2.886%	$187K	$291K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0248%	1h	141.07	+3.001%	$384K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	140.94	+2.904%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.15	+3.059%	$751K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0272%	1h	140.98	+2.935%	$3.3M	$2.1M	50x	as long as short