AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.069%

Price spread now: Extended against Kraken Futures−0.084%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$470.470% of the position

Long on Kraken Futures Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 3 days (all we have)−0.197%−$20 · spread now −0.084%, 7d avg −0.089%

Together, before fees−0.036%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	144.57	0.0012	pay 0.0002% / 1h	30m 25s	$3.4M	$2.1M	50x
Short	Extended AAVE-USD	144.45	0.0104	get 0.0013% / 1h	30m 25s	$928K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.084%Rate

Funding earned: $19.25
Price spread: −0.084% → −0.089%: $0.59
Slippage, 4 orders: −$31.95
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$27.11
Costs to cover: 0.470%
Break-even: 16.9 days

Slippage from Kraken Futures: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago	6.58 bp	17.1 bp −$17	24.1 bp −$241	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	3.81 bp	8.8 bp −$9	24.0 bp −$240	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	144.46	−0.074%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0190%	1h	144.43	−0.095%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.48	−0.060%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.43	−0.095%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.52	−0.029%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.39	−0.122%	$71K	$1.6M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.48	−0.062%	$70K	—	150x	as long as short
ApeX Omni AAVEUSDT	+0.0006%	1h	144.42	−0.101%	$134K	$229K	50x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0012%	1h	144.57	long leg	$3.4M	$2.1M	50x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.262%	$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	−0.078%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.47	−0.067%	$17.5M	$65.8M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0054%	8h	144.43	−0.095%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.46	−0.074%	$7.7M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0063%	8h	144.42	−0.101%	$31.6M	$26.3M	200x	as long as short
Binance AAVEUSDT	+0.0063%	8h	144.36	−0.142%	$65.7M	$183.5M	75x	as long as short
Nado AAVE-PERP	+0.0089%	1h	144.47	−0.065%	$802K	$436K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0094%	8h	144.35	−0.147%	$455K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.66	+0.064%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.48	−0.063%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.52	−0.032%	$180K	$241K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.48	−0.063%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.60	+0.023%	$80.3M	$33.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.46	−0.072%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.48	−0.059%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.48	−0.060%	$61.5M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.47	−0.067%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.187%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.52	−0.032%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.48	−0.060%	$30.1M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.40	−0.115%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.59	+0.016%	$378K	$702K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.08	−0.337%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.32	−0.168%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.55	−0.012%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.45	−0.079%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.58	+0.012%	$723K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.47	−0.067%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	144.45	−0.084%	$928K	$1.8M	50x
BloFin AAVE-USDT	+0.0183%	8h	144.43	−0.095%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.143%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.45	−0.079%	$124K	—	100x	as long as short