Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h +0.001%
Price spread now: ApeX Omni against KuCoin+0.715%112s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.633% of the position
Funding, last 7 days+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)−0.637%−$64 · spread now +0.715%, 7d avg +0.015%
=The price spread pays, funding is against you. ApeX Omni is 0.700% dearer against KuCoin than usual: you sell high and buy low (spread +0.715% now, against its 7-day average of +0.015%): +$70 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2 months. Mind the row above: over the last 7 days funding on this pair paid +0.088%, so the current rate has only just turned against you. The two prices were read 112 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 | KuCoin AAVEUSDTM | 145.43 | 0.0100 | pay 0.0100% / 8h | 7h 05m | $11.0M | $9.1M | 75x |
| Short | ApeX Omni AAVEUSDT | 146.47 | 0.0065 | get 0.0008% / 1h | 5m 42s | $136K | $231K | 50x |
KuCoin AAVEUSDTM
ApeX Omni AAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- −$7.27
- Price spread: +0.715% → +0.015%
- $69.96
- Slippage, 4 orders
- −$41.3
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$0.61
- Costs to cover
- 0.633%
- Break-even
- from the start
Slippage from KuCoin: live order book, 3 min ago; ApeX Omni: live order book, 1 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 KuCoin live order book, 3 min ago | 1.03 bp | 16.4 bp −$16 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 1 min ago | 7.22 bp | 14.7 bp −$15 | 107.7 bp −$1,077 | 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_AAVEUSD | −0.0185% | 1h | 145.59 | +0.108% | $3.5M | $2.0M | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0144% | 1h | 145.52 | +0.062% | $11K | $2K | 5x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0094% | 1h | 145.45 | +0.014% | $254K | $367K | 50x | as long as short |
| SoDEX AAVE-USD | −0.0052% | 1h | 145.50 | +0.048% | $5K | $302K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.45 | +0.014% | $104K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.74 | +0.213% | $70K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 146.51 | +0.743% | $5K | $102K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.46 | +0.019% | $70K | — | 150x | as long as short |
| MEXC AAVE_USDT | +0.0026% | 8h | 145.52 | +0.062% | $28.4M | $26.0M | 200x | as long as short |
| Binance AAVEUSDT | +0.0027% | 8h | 145.52 | +0.060% | $65.9M | $183.2M | 75x | as long as short |
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
Deribit AAVE_USDC-PERPETUAL
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
gTrade (Gains Network) AAVE/USD
MEXC AAVE_USDT
Binance AAVEUSDTShow 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 | −5.824% | $422 | $51K | 12x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0044% | 8h | 145.40 | −0.021% | $18K | $10K | 10x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.53 | +0.071% | — | — | 20x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0064% | 8h | 145.50 | +0.048% | $17.7M | $66.0M | 50x | as long as short |
| ApeX Omni AAVEUSDTshort | +0.0065% | 1h | 146.47 | +0.715% | $136K | $231K | 50x | |
| Phemex AAVEUSDT | +0.0084% | 8h | 145.47 | +0.028% | $4.1M | $3.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 145.46 | +0.018% | $123K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.63 | +0.136% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.47 | +0.031% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.50 | +0.045% | $796K | $422K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.54 | +0.076% | $79.3M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.49 | +0.041% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.47 | +0.024% | $332K | $469K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.51 | +0.055% | $62.3M | $64.8M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.51 | +0.055% | $46K | $246K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 145.53 | +0.069% | $7.9M | $15.4M | 75x | as long as short |
| KuCoin AAVEUSDTMlong | +0.0100% | 8h | 145.43 | long leg | $11.0M | $9.1M | 75x | |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.42 | −0.007% | $30.1M | $18.0M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 145.52 | +0.062% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.49 | +0.041% | $332K | $743K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.38 | −0.036% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 146.47 | +0.718% | $106K | $317K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 146.52 | +0.750% | $466K | $3.7M | 10x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.62 | +0.131% | $126K | $416K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.51 | +0.058% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.75 | +0.219% | $707K | $5.2M | 75x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.28 | +0.584% | $59K | $2K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.47 | +0.026% | $934K | $1.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0105% | 8h | 146.17 | +0.509% | $3.5M | $3.5M | 100x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 145.53 | +0.068% | $184K | $245K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0235% / S −0.0373% | 1h | 145.45 | +0.014% | $129K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.42 | +0.681% | $784K | $2.9M | 50x | as long as short |
Injective AAVE/USDC PERP
Orderly PERP_AAVE_USDC
Reya AAVERUSDPERP
OKX AAVE-USDT-SWAP
Phemex AAVEUSDT
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Gate AAVE_USDT
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Bulk AAVE-USD
Extended AAVE-USD
BloFin AAVE-USDT
RISEx AAVE/USDC
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX