AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0470%/8h= −51.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.311%

Price spread now: Deribit against Polymarket Perps−0.028%7-day average −0.058% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.503%−$50 on $10k

Price spread, last 3 days (all we have)+0.482%+$48 · spread now −0.028%, 7d avg −0.058%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.031% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.058%): +$3 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AAVE-USD	145.11	0.0100	pay 0.0013% / 1h	49m 47s	$127K	$468K	10x
Short	Deribit AAVE_USDC-PERPETUAL	145.07	−0.0370	pay 0.0046% / 1h	49m 47s	$246K	$477K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$98.7
Price spread: −0.028% → −0.058%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$110.63
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 37 min ago; Deribit: live order book, 34 min ago. Net counts fees only.

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, 37 min ago	2.36 bp	6.4 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell Deribit live order book, 34 min ago	14.23 bp	17.7 bp −$18	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-PERPETUALshort	−0.0370%	1h	145.07	−0.028%	$246K	$477K	50x
SoDEX AAVE-USD	−0.0154%	1h	145.02	−0.062%	$5K	$311K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.94	−0.117%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	145.35	+0.165%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.13	+0.010%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.99	−0.083%	$75K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.13	+0.017%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	145.18	+0.047%	$3.5M	$2.0M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.616%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.06	−0.032%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AAVE-USDT-SWAP	+0.0049%	8h	145.36	+0.172%	$17.7M	$65.7M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0059%	8h	145.02	−0.062%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0067%	8h	145.33	+0.152%	$7.8M	$15.6M	75x	as long as short
MEXC AAVE_USDT	+0.0080%	8h	145.29	+0.124%	$32.2M	$26.0M	200x	as long as short
Binance AAVEUSDT	+0.0081%	8h	145.29	+0.124%	$66.0M	$181.6M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0095%	1h	145.30	+0.131%	$135K	$229K	50x	as long as short
Lighter AAVE	+0.0096%	1h	145.24	+0.086%	$4.7M	$1.6M	10x	as long as short
Nado AAVE-PERP	+0.0097%	1h	144.97	−0.100%	$813K	$440K	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	145.03	−0.058%	$180K	$242K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.98	−0.092%	$14K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.50	+0.269%	$81.3M	$32.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.08	−0.017%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.00	−0.073%	$330K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.34	+0.159%	$62.0M	$64.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.98	−0.090%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.14	+0.019%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.22	+0.076%	$10.3M	$8.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.35	+0.165%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.31	+0.138%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.20	+0.062%	$346K	$685K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.98	−0.093%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.27	+0.109%	$100K	$312K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.67	+0.384%	$461K	$4.1M	10x	as long as short
Polymarket Perps AAVE-USDlong	+0.0100%	1h	145.11	long leg	$127K	$468K	10x
SunX AAVE-USDT	+0.0100%	8h	145.00	−0.073%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.17	+0.041%	$738K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.10	−0.007%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.27	+0.113%	$936K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	145.07	−0.028%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0201%	8h	144.76	−0.241%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	145.19	+0.055%	$781K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	145.12	+0.007%	$125K	—	100x	as long as short