Funding you earn now, next payment 03:00 UTC+0.0236%/8h= +25.8% APRnext payment +$0.29 per $10,000 · paid last 24h +0.047%
Price spread now: Coinbase International against Polymarket Perps+0.021%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now +0.021%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AAVE-USD | 143.06 | 0.0100 | pay 0.0013% / 1h | 29m 44s | $123K | $384K | 10x |
| Short | Coinbase International AAVE-PERP-INTX | 143.09 | 0.0336 | get 0.0042% / 1h | 29m 44s | $793K | $2.8M | 50x |
Polymarket Perps AAVE-USD
Coinbase International AAVE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $49.56
- Price spread: +0.021% → +0.034%
- −$1.33
- Slippage, 4 orders
- −$22.42
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.8
- Costs to cover
- 0.404%
- Break-even
- 5.9 days
Slippage from Polymarket Perps: live order book, 28 min ago; Coinbase International: live order book, 4 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, 28 min ago | 1.75 bp | 5.8 bp −$6 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.81 bp | 14.3 bp −$14 | 20.1 bp −$201 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0160% | 1h | 142.99 | −0.049% | $10K | $2K | 5x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 142.97 | −0.061% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.67 | −0.273% | $46K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 143.08 | +0.014% | $221K | $400K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.06 | +0.003% | $80K | — | 150x | as long as short |
| Nado AAVE-PERP | +0.0011% | 1h | 143.00 | −0.042% | $843K | $448K | 10x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.264% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.97 | −0.065% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0047% | 8h | 143.07 | +0.007% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0056% | 1h | 142.36 | −0.489% | $4K | $102K | 10x | as long as short |
01 Exchange AAVEUSD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Nado AAVE-PERP
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX AAVE-USD | +0.0076% | 1h | 143.05 | −0.007% | $5K | $292K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 143.10 | +0.030% | $4.5M | $2.0M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.01 | −0.034% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 143.15 | +0.063% | $77.2M | $35.4M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.28 | +0.154% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.98 | −0.056% | $327K | $448K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 143.04 | −0.014% | $64.0M | $186.4M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.00 | −0.042% | $61.2M | $67.1M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.00 | −0.042% | $17.1M | $64.2M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.11 | +0.035% | $64K | $204K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.50 | −1.094% | $57K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.12 | +0.042% | $8.1M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.08 | +0.014% | $25.2M | $23.7M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.16 | +0.070% | $10.6M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.97 | −0.063% | $29.1M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 143.01 | −0.035% | — | $43.7M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.29 | +0.161% | $337K | $719K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.70 | −0.252% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.50 | −1.088% | $102K | $279K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.58 | −1.035% | $454K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.16 | −0.629% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USDlong | +0.0100% | 1h | 143.06 | long leg | $123K | $384K | 10x | |
| SunX AAVE-USDT | +0.0100% | 8h | 143.05 | −0.009% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.17 | +0.075% | $689K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.01 | −0.035% | $4.0M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.03 | −0.022% | $896K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 143.09 | +0.021% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0136% | 1h | 143.07 | +0.010% | $178K | $241K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.76 | −0.210% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 143.06 | −0.003% | $112K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0323% | 1h | 143.15 | +0.063% | $3.4M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTXshort | +0.0336% | 1h | 143.09 | +0.021% | $793K | $2.8M | 50x |
SoDEX AAVE-USD
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD