AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0078%/8h= −8.5% APRnext payment −$0.78 per $10,000 · paid last 24h −0.014%

Price spread now: MEXC against KuCoin+0.014%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.331% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 7 days−0.010%−$1 · spread now +0.014%, 7d avg +0.005%

Together, before fees+0.005%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AAVEUSDTM	145.98	0.0100	pay 0.0100% / 8h	7h 37m	$10.1M	$8.8M	75x
Short	MEXC AAVE_USDT	146.00	0.0022	get 0.0022% / 8h	7h 37m	$29.2M	$25.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against KuCoin. 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 KuCoinbpFee MEXCbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$16.38
Price spread: +0.014% → +0.005%: $0.83
Slippage, 4 orders: −$21.13
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.68
Costs to cover: 0.331%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 2 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, 1 min ago	1.03 bp	16.8 bp −$17	29.4 bp −$294	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.34 bp	1.1 bp −$1	5.7 bp −$57	37.1 bp −$3,705	98.7 bp −$49.4K

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	−0.0184%	1h	146.23	+0.169%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	146.00	+0.014%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0088%	1h	146.09	+0.075%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.03	+0.033%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.98	0.000%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	145.87	−0.075%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.15	+0.116%	$255K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.10	+0.084%	$71K	—	150x	as long as short
MEXC AAVE_USDTshort	+0.0022%	8h	146.00	+0.014%	$29.2M	$25.8M	200x
Binance AAVEUSDT	+0.0022%	8h	146.06	+0.053%	$66.2M	$186.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAVEUSDT	+0.0033%	8h	146.08	+0.069%	$4.2M	$3.8M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.179%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0044%	1h	145.86	−0.082%	$136K	$230K	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.01	+0.019%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	146.06	+0.055%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	146.06	+0.055%	$17.9M	$67.0M	50x	as long as short
GRVT AAVE_USDT_Perp	+0.0069%	8h	145.92	−0.041%	$462K	$3.9M	10x	as long as short
Gate AAVE_USDT	+0.0078%	8h	146.04	+0.041%	$7.9M	$15.2M	75x	as long as short
Bybit AAVEUSDT	+0.0079%	8h	146.04	+0.041%	$62.5M	$65.4M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.12	+0.092%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0088%	8h	146.01	+0.021%	$3.5M	$4.1M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.31	+0.225%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.03	+0.034%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.92	−0.041%	$798K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.12	+0.096%	$79.7M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.99	+0.007%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.97	−0.005%	$333K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.01	+0.021%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.178%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	145.98	long leg	$10.1M	$8.8M	75x
Bitget AAVEUSDT	+0.0100%	8h	146.05	+0.048%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.04	+0.041%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.02	+0.027%	$346K	$733K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.08	+0.070%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.87	−0.074%	$105K	$317K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.10	+0.082%	$128K	$428K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.98	+0.003%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.22	+0.166%	$710K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.07	+0.061%	$932K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.05	+0.045%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	146.12	+0.095%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.14	+0.110%	$786K	$3.1M	50x	as long as short