AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: dYdX against Nado−0.208%49s7-day average +0.037% · 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—prices read too far apart to compare

costs, in and out, $10k−$1651.648% of the position

Long on Nado Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.095%−$9 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.208%, 7d avg +0.037%

Together, before fees−0.246%+ Points / potential airdropNado: Active · farm board−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.245% cheaper against Nado than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.037%). Swap the legs. The two prices were read 49 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	Nado AAVE-PERP	143.64	0.0094	pay 0.0012% / 1h	39m 42s	$833K	$431K	10x
Short	dYdX AAVE-USD	143.34	0	get 0.0000% / 1h	39m 42s	$102K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Nado. 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 NadobpFee dYdXbpOrdersPrice spread, now −0.208%Rate

Funding earned: −$19.7
Price spread: −0.208% → +0.037%: −$24.47
Slippage, 4 orders: −$147.83
Fee Nado: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$209.01
Costs to cover: 1.648%
Break-even: never at this rate

Slippage from Nado: live order book, 24 min ago; dYdX: live order book, 24 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 Nado live order book, 24 min ago	0.69 bp	7.2 bp −$7	18.1 bp −$181	doesn't fit	doesn't fit
Sell dYdX live order book, 24 min ago	69.43 bp	76.5 bp −$77	190.4 bp −$1,904	209.6 bp −$21.0K	214.1 bp −$107.0K

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
01 Exchange AAVEUSD	−0.0064%	1h	143.24	−0.278%	$10K	$2K	5x	as long as short
dYdX AAVE-USDshort	0.0000%	1h	143.34	−0.208%	$102K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	143.62	−0.014%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.57	−0.049%	$238K	$377K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.59	−0.036%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.651%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.57	−0.049%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.53	−0.080%	—	—	20x	as long as short
Phoenix AAVE	+0.0089%	1h	143.48	−0.111%	$5K	$98K	10x	as long as short
Nado AAVE-PERPlong	+0.0094%	1h	143.64	long leg	$833K	$431K	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.46	−0.127%	$4.6M	$1.5M	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0097%	8h	143.22	−0.292%	$17.2M	$63.2M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.27	−0.257%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.50	−0.100%	$77.6M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.42	−0.156%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.33	−0.213%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.25	−0.270%	$64.2M	$183.2M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.27	−0.258%	$61.2M	$64.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.27	−0.258%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.56	−0.058%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.31	−0.230%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.28	−0.251%	$25.9M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.43	−0.146%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.23	−0.285%	$30.0M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.27	−0.258%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.66	+0.014%	$320K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.49	−0.107%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.52	−0.086%	$103K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.78	+0.097%	$456K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.78	+0.097%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.60	−0.028%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.61	−0.021%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.57	−0.049%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.67	+0.022%	$694K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.54	−0.070%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.20	−0.306%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.60	−0.026%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.30	−0.239%	$191K	$233K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.38	−0.181%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.56	−0.053%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.63	−0.007%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.58	−0.042%	$777K	$2.8M	50x	as long as short