AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0291%/8h= +31.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.053%

Price spread now: RISEx against Kraken Futures−0.162%7-day average −0.031% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$350.355% of the position

Long on Kraken Futures Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.114%+$11 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now −0.162%, 7d avg −0.031%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.131% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of −0.031%). If the spread goes back, that is −$13 on $10k: about 36 hours of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.114% in total) that is about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	146.09	−0.0184	get 0.0023% / 1h	34m 58s	$3.5M	$2.1M	50x
Short	RISEx AAVE/USDC	145.86	0.0107	get 0.0013% / 1h	34m 58s	$185K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.162%Rate

Funding earned: $61.11
Price spread: −0.162% → −0.031%: −$13.1
Slippage, 4 orders: −$19.48
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $12.53
Costs to cover: 0.355%
Break-even: 5.6 days

Slippage from Kraken Futures: live order book, 4 min ago; RISEx: live order book, 38 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	5.14 bp	13.9 bp −$14	21.1 bp −$211	doesn't fit	doesn't fit
Sell RISEx live order book, 38 min ago	0.41 bp	3.4 bp −$3	8.8 bp −$88	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	146.09	long leg	$3.5M	$2.1M	50x
01 Exchange AAVEUSD	−0.0136%	1h	145.78	−0.214%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0106%	1h	145.97	−0.084%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.01	−0.057%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.91	−0.126%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.88	−0.146%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	145.87	−0.153%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.93	−0.110%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0021%	8h	146.05	−0.029%	$66.2M	$185.5M	75x	as long as short
MEXC AAVE_USDT	+0.0022%	8h	145.97	−0.084%	$29.1M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.251%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.77	−0.219%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	145.95	−0.098%	$18K	$10K	10x	as long as short
Gate AAVE_USDT	+0.0056%	8h	145.98	−0.077%	$7.9M	$15.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0062%	8h	146.08	−0.009%	$17.9M	$66.9M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0067%	1h	146.03	−0.043%	$136K	$230K	50x	as long as short
Bybit AAVEUSDT	+0.0069%	8h	146.07	−0.016%	$62.5M	$65.4M	75x	as long as short
GRVT AAVE_USDT_Perp	+0.0069%	8h	145.92	−0.118%	$462K	$3.9M	10x	as long as short
BloFin AAVE-USDT	+0.0085%	8h	145.81	−0.194%	$3.5M	$4.0M	100x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.97	−0.081%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.16	+0.046%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.85	−0.164%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.79	−0.207%	$797K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.08	−0.009%	$79.7M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.06	−0.022%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.86	−0.159%	$333K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.83	−0.180%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.255%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.97	−0.084%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.05	−0.029%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.94	−0.105%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.07	−0.016%	$333K	$741K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.87	−0.151%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.87	−0.151%	$105K	$317K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.87	−0.153%	$128K	$427K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.81	−0.197%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.13	+0.024%	$710K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.95	−0.098%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.06	−0.022%	$932K	$1.7M	50x	as long as short
RISEx AAVE/USDCshort	+0.0107%	1h	145.86	−0.162%	$185K	$246K	10x
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	145.92	−0.117%	$127K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.14	+0.032%	$786K	$3.1M	50x	as long as short