AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.35 per $10,000 · paid last 24h +0.062%

Price spread now: Nado against Kraken Futures0.000%46s7-day average −0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.457% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.149%+$15 on $10k

Price spread, last 3 days (all we have)−0.251%−$25 · spread now 0.000%, 7d avg −0.064%

Together, before fees−0.102%+ Points / potential airdropNado: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Nado is 0.065% dearer against Kraken Futures than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.064%. The two prices were read 46 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	146.51	−0.0184	get 0.0023% / 1h	9m 30s	$3.5M	$2.0M	50x
Short	Nado AAVE-PERP	146.51	0.0100	get 0.0012% / 1h	9m 30s	$801K	$422K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now 0.000%Rate

Funding earned: $59.62
Price spread: 0.000% → −0.064%: $6.48
Slippage, 4 orders: −$28.7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $20.4
Costs to cover: 0.457%
Break-even: 4.6 days

Slippage from Kraken Futures: live order book, 4 min ago; Nado: live order book, 64 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	5.80 bp	17.5 bp −$18	24.0 bp −$240	doesn't fit	doesn't fit
Sell Nado live order book, 64 min ago	1.37 bp	8.3 bp −$8	14.8 bp −$148	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
Kraken Futures PF_AAVEUSDlong	−0.0184%	1h	146.51	long leg	$3.5M	$2.0M	50x
01 Exchange AAVEUSD	−0.0144%	1h	146.46	−0.037%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0071%	1h	146.38	−0.092%	$5K	$295K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0023%	1h	146.47	−0.030%	$255K	$367K	50x	as long as short
Phemex AAVEUSDT	−0.0019%	8h	146.42	−0.064%	$4.2M	$3.8M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.48	−0.023%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.46	−0.037%	$79K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.51	−0.003%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.56	+0.029%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0024%	8h	146.52	+0.004%	$28.7M	$25.9M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0025%	8h	146.50	−0.010%	$66.3M	$183.2M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.521%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.45	−0.045%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	146.48	−0.023%	$18K	$10K	10x	as long as short
ApeX Omni AAVEUSDT	+0.0047%	1h	146.25	−0.180%	$136K	$231K	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0065%	8h	146.47	−0.030%	$17.9M	$66.3M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.47	−0.027%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.70	+0.124%	$4.7M	$1.5M	10x	as long as short
BloFin AAVE-USDT	+0.0096%	8h	146.30	−0.146%	$3.5M	$3.5M	100x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.60	+0.056%	$14K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	146.51	0.000%	$801K	$422K	10x
Hyperliquid AAVE	+0.0100%	1h	146.62	+0.072%	$79.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.54	+0.017%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.54	+0.018%	$335K	$469K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.51	−0.003%	$62.8M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.55	+0.024%	$46K	$275K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.79	−0.497%	$59K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	146.52	+0.004%	$7.9M	$15.3M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.56	+0.031%	$11.1M	$9.0M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.44	−0.051%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.51	−0.003%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.55	+0.024%	$331K	$739K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.27	−0.166%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.26	−0.171%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.39	−0.085%	$466K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.59	+0.052%	$127K	$416K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.46	−0.038%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.75	+0.161%	$714K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.51	−0.005%	$939K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.57	+0.041%	$185K	$245K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0373%	1h	146.55	+0.025%	$130K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.67	+0.106%	$787K	$2.9M	50x	as long as short