Settings8H · net · $10k
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Funding arb · Price arb /

AAVE

all AAVE markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 12:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.001%
Price spread now: Phemex against Polymarket Perps+0.028%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Long on Polymarket PerpsShort on Phemex
What this pair did over the last
the charts below follow
Funding, last 7 days−0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.028%, 7d avg −0.027%
Together, before fees+0.062%+$6 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: Phemex is 0.055% dearer against Polymarket Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps AAVE-USD140.420.0100pay 0.0013% / 1h52m 39s$131K$367K10x
ShortPhemex AAVEUSDT140.460.0092get 0.0092% / 8h4h 52m$3.9M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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

Funding earned
−$1.71
Price spread: +0.028% → −0.027%
$5.52
Slippage, 4 orders
−$19.6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$35.8
Costs to cover
0.396%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 53 min ago; Phemex: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 53 min ago3.18 bp7.7 bp −$811.7 bp −$117doesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago2.13 bp12.2 bp −$1217.6 bp −$176doesn't fitdoesn't fit

AAVE on 42 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.3238%1h139.99−0.306%$206K$304K50xas long as short
SoDEX AAVE-USD−0.0117%1h140.45+0.021%$7K$216K10xas long as short
01 Exchange AAVEUSD−0.0056%1h140.39−0.021%$10K$2K5xas long as short
Bybit AAVEUSDT−0.0009%8h140.34−0.057%$60.6M$58.8M75xas long as short
dYdX AAVE-USD0.0000%1h140.39−0.018%$101K$6K10xas long as short
Kalshi KXAAVEPERP0.0000%8h140.46+0.028%$41K$1.3M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h140.43+0.009%$78K—150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−2.464%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h140.30−0.083%——20xas long as short
Variational Omni AAVE+0.0057%8h140.50+0.055%$3.6M$758K—as long as short
Show all 42 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_AAVE_USDC+0.0084%8h140.37−0.036%$17K$2K10xas long as short
Phemex AAVEUSDTshort+0.0092%8h140.46+0.028%$3.9M$3.6M50x
Lighter AAVE+0.0096%1h140.57+0.105%$4.5M$2.1M10xas long as short
Phoenix AAVE+0.0097%1h140.65+0.164%$4K$81K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h140.32−0.069%$13K$44420xas long as short
Nado AAVE-PERP+0.0100%1h140.40−0.014%$814K$309K10xas long as short
Hyperliquid AAVE+0.0100%1h140.57+0.107%$77.1M$27.5M10xas long as short
Aster AAVEUSDT+0.0100%8h140.50+0.057%$1.2M$1.0M50xas long as short
Pacifica AAVE+0.0100%1h140.42−0.002%$342K$300K10xas long as short
Binance AAVEUSDT+0.0100%8h140.38−0.030%$63.3M$157.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h140.36−0.043%$16.1M$50.9M50xas long as short
Arcus AAVE-USD+0.0100%1h140.54+0.085%$94K$205K10xas long as short
Bulk AAVE-USD+0.0100%1h140.57+0.109%$165K$20K10xas long as short
Gate AAVE_USDT+0.0100%8h140.41−0.007%$8.1M$12.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h140.37−0.036%$22.4M$21.2M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h140.41−0.007%$10.2M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h140.38−0.028%$29.0M$15.7M75xas long as short
BingX AAVE-USDC+0.0100%8h140.39−0.021%—$6.5M—as long as short
Backpack AAVE_USDC_PERP+0.0100%1h140.53+0.078%$385K$590K10xas long as short
edgeX AAVEUSDC+0.0100%4h140.53+0.077%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h140.61+0.134%$443K$3.0M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h140.54+0.085%$131K$221K50xas long as short
Polymarket Perps AAVE-USDlong+0.0100%1h140.42long leg$131K$367K10x
SunX AAVE-USDT+0.0100%8h140.38−0.026%$1K$1.1M20xas long as short
HTX AAVE-USDT+0.0100%8h140.57+0.110%$635K$1.4M75xas long as short
Extended AAVE-USD+0.0104%1h140.34−0.059%$908K$1.4M50xas long as short
Aevo AAVE-PERP+0.0104%1h140.47+0.036%$119K—10xas long as short
RISEx AAVE/USDC+0.0175%1h140.47+0.036%$172K$230K10xas long as short
BloFin AAVE-USDT+0.0220%8h140.36−0.043%$3.2M$3.3M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0255% / S −0.0365%1h140.45+0.018%$110K—100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h140.93+0.363%$751K$2.1M50xas long as short
Kraken Futures PF_AAVEUSD+0.0336%1h140.55+0.095%$3.4M$1.8M50xas long as short