AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.031%

Price spread now: SunX against OKX−0.168%47s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as 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−$1471.473% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 3 days (all we have)+0.272%+$27 · spread now −0.168%, 7d avg +0.015%

Together, before fees+0.404%+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.183% cheaper against OKX than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.015%). If the spread goes back, that is −$18 on $10k: about 17 days of funding at the current rate (+$1 a day). The two prices were read 47 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	OKX AAVE-USDT-SWAP	144.46	0.0064	pay 0.0064% / 8h	6h 50m	$17.5M	$66.2M	50x
Short	SunX AAVE-USDT	144.22	0.0100	get 0.0100% / 8h	6h 50m	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now −0.168%Rate

Funding earned: $7.62
Price spread: −0.168% → +0.015%: −$18.3
Slippage, 4 orders: −$129.33
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$158
Costs to cover: 1.473%
Break-even: 152.1 days

Slippage from OKX: live order book, 3 min ago; SunX: live order book, 3 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 OKX live order book, 3 min ago	0.35 bp	7.6 bp −$8	13.6 bp −$136	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	44.91 bp	65.9 bp −$66	doesn't fit	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
Deribit AAVE_USDC-PERPETUAL	−0.0305%	1h	144.18	−0.194%	$250K	$362K	50x	as long as short
01 Exchange AAVEUSD	−0.0056%	1h	144.46	0.000%	$11K	$2K	5x	as long as short
ApeX Omni AAVEUSDT	−0.0050%	1h	143.99	−0.325%	$134K	$230K	50x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.35	−0.076%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.34	−0.084%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.18	−0.194%	$65K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.27	−0.133%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.22	−0.166%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.192%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	144.44	−0.014%	$27.6M	$24.7M	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	+0.0037%	8h	144.46	0.000%	$65.2M	$185.4M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0043%	8h	144.23	−0.159%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.37	−0.060%	—	—	20x	as long as short
SoDEX AAVE-USD	+0.0046%	1h	144.24	−0.152%	$5K	$302K	10x	as long as short
OKX AAVE-USDT-SWAPlong	+0.0064%	8h	144.46	long leg	$17.5M	$66.2M	50x
Aevo AAVE-PERP	+0.0088%	1h	144.25	−0.149%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.49	+0.020%	$183K	$245K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.61	+0.103%	$4.6M	$1.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.46	+0.001%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.35	−0.073%	$799K	$427K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.51	+0.035%	$78.5M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.41	−0.035%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.43	−0.024%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.45	−0.007%	$61.8M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.47	+0.007%	$45K	$236K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.56	+0.069%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.42	−0.028%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.49	+0.021%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.36	−0.069%	$29.9M	$18.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.44	−0.014%	—	$44.2M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.36	−0.069%	$327K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.23	−0.157%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.86	−0.414%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.95	−0.355%	$455K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.47	+0.007%	$125K	$417K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	144.22	−0.168%	$2K	$1.3M	20x
HTX AAVE-USDT	+0.0100%	8h	144.59	+0.091%	$702K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.30	−0.111%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.40	−0.043%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0144%	8h	144.16	−0.208%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.27	−0.128%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.29	−0.118%	$774K	$2.8M	50x	as long as short