AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.067%

Price spread now: Aevo against Kraken Futures−0.090%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$1281.277% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$17 on $10k

Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.090%, 7d avg −0.018%

Together, before fees+0.284%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.072% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.018%). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	144.54	0.0012	pay 0.0002% / 1h	29m 55s	$3.4M	$2.1M	50x
Short	Aevo AAVE-PERP	144.41	0.0096	get 0.0012% / 1h	29m 55s	$122K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.090%Rate

Funding earned: $17.57
Price spread: −0.090% → −0.018%: −$7.2
Slippage, 4 orders: −$101.74
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$117.36
Costs to cover: 1.277%
Break-even: 53.8 days

Slippage from Kraken Futures: live order book, 4 min ago; Aevo: live order book, 58 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 Kraken Futures live order book, 4 min ago	6.58 bp	17.1 bp −$17	24.1 bp −$241	doesn't fit	doesn't fit
Sell Aevo live order book, 58 min ago	32.14 bp	47.3 bp −$47	285.5 bp −$2,855	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
Deribit AAVE_USDC-PERPETUAL	−0.0373%	1h	144.40	−0.097%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0189%	1h	144.37	−0.118%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.48	−0.041%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.43	−0.076%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.52	−0.011%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.45	−0.062%	$71K	$1.6M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.48	−0.044%	$70K	—	150x	as long as short
ApeX Omni AAVEUSDT	+0.0006%	1h	144.42	−0.083%	$134K	$229K	50x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0012%	1h	144.54	long leg	$3.4M	$2.1M	50x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.244%	$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	144.45	−0.059%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.52	−0.014%	$17.5M	$65.8M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0054%	8h	144.37	−0.118%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.48	−0.041%	$7.7M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0063%	8h	144.48	−0.041%	$31.6M	$26.3M	200x	as long as short
Binance AAVEUSDT	+0.0063%	8h	144.48	−0.044%	$65.7M	$183.6M	75x	as long as short
Nado AAVE-PERP	+0.0089%	1h	144.47	−0.047%	$802K	$436K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0094%	8h	144.35	−0.129%	$455K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.62	+0.053%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERPshort	+0.0096%	1h	144.41	−0.090%	$122K	$146	10x
RISEx AAVE/USDC	+0.0097%	1h	144.52	−0.013%	$180K	$241K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.48	−0.044%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.57	+0.021%	$80.2M	$33.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.47	−0.049%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.48	−0.040%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.53	−0.007%	$61.5M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.47	−0.048%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.168%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.52	−0.014%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.48	−0.041%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.49	−0.035%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.57	+0.021%	$378K	$701K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.45	−0.063%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.32	−0.149%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.55	+0.007%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.37	−0.115%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.50	−0.030%	$722K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.43	−0.076%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.47	−0.051%	$928K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0183%	8h	144.43	−0.076%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.124%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.46	−0.057%	$124K	—	100x	as long as short