Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.046%
Price spread now: Injective against Kraken Futures−6.503%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 6.503% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −6.503% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$650 on $10k: about 23 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.022% in total) that is about years. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AAVEUSD | 146.49 | 0.0002 | pay 0.0000% / 1h | 54m 07s | $3.5M | $2.1M | 50x |
| Short | Injective AAVE/USDC PERP | 136.96 | 0.0033 | get 0.0004% / 1h | 54m 07s | $422 | $51K | 12x |
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.52
- Price spread: −6.503% → 0.000%
- −$650.31
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$653.8
- Costs to cover
- 0.100%
- Break-even
- 708.4 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; Injective: 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, 5 min ago | 11.63 bp | 20.4 bp −$20 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AAVE | −0.0045% | 1h | 146.30 | −0.127% | $5K | $99K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0023% | 1h | 146.38 | −0.072% | $256K | $412K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 146.27 | −0.148% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 146.28 | −0.141% | $83K | $1.5M | 3.4x | as long as short |
| SoDEX AAVE-USD | +0.0001% | 1h | 146.34 | −0.100% | $5K | $298K | 10x | as long as short |
| Kraken Futures PF_AAVEUSDlong | +0.0002% | 1h | 146.49 | long leg | $3.5M | $2.1M | 50x | |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.41 | −0.050% | $71K | — | 150x | as long as short |
| 01 Exchange AAVEUSD | +0.0008% | 1h | 146.30 | −0.127% | $11K | $2K | 5x | as long as short |
| Injective AAVE/USDC PERPshort | +0.0033% | 1h | 136.96 | −6.503% | $422 | $51K | 12x | |
| MEXC AAVE_USDT | +0.0042% | 8h | 146.33 | −0.107% | $30.6M | $25.5M | 200x | as long as short |
Phoenix AAVE
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
SoDEX AAVE-USD
gTrade (Gains Network) AAVE/USD
01 Exchange AAVEUSD
MEXC AAVE_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0043% | 8h | 146.25 | −0.158% | $66.7M | $185.2M | 75x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.21 | −0.191% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0050% | 8h | 146.35 | −0.093% | $18K | $12K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0069% | 8h | 146.21 | −0.188% | $17.9M | $67.5M | 50x | as long as short |
| Gate AAVE_USDT | +0.0074% | 8h | 146.34 | −0.100% | $7.9M | $15.8M | 75x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.38 | −0.072% | $124K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 146.57 | +0.055% | $4.7M | $1.6M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 146.24 | −0.169% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 146.18 | −0.212% | $809K | $438K | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 146.41 | −0.054% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 146.29 | −0.134% | $334K | $504K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 146.28 | −0.141% | $62.4M | $66.0M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 146.26 | −0.154% | $51K | $273K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.79 | −0.475% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 146.36 | −0.086% | $10.0M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 146.37 | −0.079% | $30.6M | $18.2M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 146.32 | −0.113% | — | $6.5M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 146.32 | −0.117% | $3.8M | $1.4M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 146.12 | −0.249% | $105K | $316K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 146.17 | −0.216% | $463K | $3.8M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 146.22 | −0.182% | $136K | $228K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.29 | −0.134% | $128K | $466K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 146.23 | −0.174% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.44 | −0.034% | $701K | $5.0M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 146.32 | −0.113% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 146.33 | −0.108% | $940K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0106% | 1h | 146.31 | −0.123% | $186K | $246K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0162% | 8h | 146.37 | −0.079% | $3.5M | $4.0M | 100x | as long as short |
| Hyperliquid AAVE | +0.0229% | 1h | 146.50 | +0.011% | $81.0M | $34.3M | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0267% / S −0.0438% | 1h | 146.31 | −0.120% | $126K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0280% | 1h | 146.43 | −0.038% | $795K | $3.0M | 50x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0330% | 1h | 146.45 | −0.025% | $354K | $733K | 10x | as long as short |
Binance AAVEUSDT
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
RISEx AAVE/USDC
BloFin AAVE-USDT
Hyperliquid AAVE
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX
Backpack AAVE_USDC_PERP