AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Aevo against Polymarket Perps−0.302%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1111.114% of the position

Long on Polymarket Perps Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.742%+$74 · spread now −0.302%, 7d avg −0.027%

Together, before fees+0.745%+$74 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.275% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AAVE-USD	145.40	0.0100	pay 0.0013% / 1h	52m 57s	$127K	$468K	10x
Short	Aevo AAVE-PERP	144.96	0.0104	get 0.0013% / 1h	52m 57s	$122K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Polymarket Perps. 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 Polymarket PerpsbpFee AevobpOrdersPrice spread, now −0.302%Rate

Funding earned: $0.84
Price spread: −0.302% → −0.027%: −$27.52
Slippage, 4 orders: −$87.41
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$138.09
Costs to cover: 1.114%
Break-even: 1157.8 days

Slippage from Polymarket Perps: live order book, 34 min ago; Aevo: live order book, 35 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 Polymarket Perps live order book, 34 min ago	2.36 bp	6.4 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell Aevo live order book, 35 min ago	32.14 bp	47.3 bp −$47	285.5 bp −$2,855	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
SoDEX AAVE-USD	−0.0193%	1h	145.16	−0.165%	$5K	$308K	10x	as long as short
01 Exchange AAVEUSD	−0.0176%	1h	145.35	−0.034%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0163%	1h	145.27	−0.089%	$247K	$477K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0108%	1h	145.30	−0.069%	$135K	$229K	50x	as long as short
Phoenix AAVE	−0.0044%	1h	145.35	−0.034%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.31	−0.062%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.13	−0.186%	$63K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.36	−0.029%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.32	−0.057%	$3.5M	$2.0M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.805%	$422	$51K	12x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.33	−0.046%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0053%	8h	145.18	−0.151%	$17.7M	$65.4M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0060%	8h	145.20	−0.138%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0079%	8h	145.16	−0.165%	$7.8M	$15.5M	75x	as long as short
Binance AAVEUSDT	+0.0082%	8h	145.13	−0.186%	$66.0M	$181.1M	75x	as long as short
MEXC AAVE_USDT	+0.0082%	8h	145.08	−0.220%	$32.3M	$26.0M	200x	as long as short
Lighter AAVE	+0.0096%	1h	145.37	−0.019%	$4.7M	$1.6M	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.39	−0.010%	$181K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.26	−0.099%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.32	−0.052%	$815K	$440K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.30	−0.069%	$81.3M	$32.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.19	−0.147%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.26	−0.096%	$330K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.18	−0.151%	$62.0M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.33	−0.048%	$51K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.24	+0.581%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.16	−0.165%	$10.0M	$8.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.12	−0.193%	$29.8M	$17.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.18	−0.151%	—	$44.3M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.26	−0.096%	$346K	$684K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.36	−0.025%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.47	+0.045%	$101K	$312K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.67	+0.184%	$461K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USDlong	+0.0100%	1h	145.40	long leg	$127K	$468K	10x
SunX AAVE-USDT	+0.0100%	8h	145.16	−0.164%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.44	+0.024%	$740K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.26	−0.096%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.15	−0.171%	$941K	$1.8M	50x	as long as short
Aevo AAVE-PERPshort	+0.0104%	1h	144.96	−0.302%	$122K	$146	10x
BloFin AAVE-USDT	+0.0202%	8h	145.31	−0.062%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	145.41	+0.007%	$782K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	145.37	−0.022%	$125K	—	100x	as long as short