AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.7% APRnext payment −$0.28 per $10,000 · paid last 24h +0.050%

Price spread now: Bulk against Kraken Futures+0.319%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Bulk is 0.319% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.319% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	142.22	0.0325	pay 0.0041% / 1h	52m 05s	$3.4M	$2.1M	50x
Short	Bulk AAVE-USD	142.68	0.0100	get 0.0013% / 1h	52m 05s	$58K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now +0.319%Rate

Funding earned: −$47.32
Price spread: +0.319% → 0.000%: $31.88
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$32.44
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 2 min ago; Bulk: 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 Kraken Futures live order book, 2 min ago	4.91 bp	13.4 bp −$13	24.5 bp −$245	doesn't fit	doesn't fit
Sell Bulk no order-book sample	—	—	—	—	—

Bulk: 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
01 Exchange AAVEUSD	−0.0144%	1h	142.19	−0.023%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0050%	1h	142.17	−0.037%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.41	+0.130%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.28	+0.040%	$53K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.24	+0.012%	$223K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.30	+0.056%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.701%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.32	+0.069%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	142.19	−0.023%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.67	+0.314%	$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
ApeX Omni AAVEUSDT	+0.0065%	1h	142.29	+0.047%	$132K	$219K	50x	as long as short
Nado AAVE-PERP	+0.0067%	1h	142.23	+0.005%	$833K	$438K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.23	+0.005%	$4.5M	$1.7M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.35	+0.087%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.30	+0.054%	$76.9M	$35.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.32	+0.068%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.40	+0.125%	$324K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.19	−0.023%	$63.8M	$183.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.18	−0.030%	$61.0M	$65.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.15	−0.051%	$17.0M	$63.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.23	+0.005%	$44K	$179K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.23	+0.005%	$7.9M	$15.4M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.19	−0.023%	$25.3M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.22	−0.002%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.05	−0.122%	$29.0M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.20	−0.016%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.27	+0.033%	$346K	$705K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.65	+0.301%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.46	+0.164%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.15	−0.052%	$449K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.32	+0.068%	$122K	$385K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.27	+0.036%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+0.166%	$685K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.24	+0.012%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USDshort	+0.0100%	1h	142.68	+0.319%	$58K	$2K	10x
Extended AAVE-USD	+0.0104%	1h	142.10	−0.085%	$903K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.24	+0.012%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.27	+0.036%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.49	+0.188%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.30	+0.053%	$121K	—	100x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0325%	1h	142.22	long leg	$3.4M	$2.1M	50x
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+0.420%	$774K	$2.8M	50x	as long as short