AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.010%

Price spread now: RISEx against Polymarket Perps+0.084%52s7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$270.274% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.042%−$4 on $10k

Price spread, last 4 days (all we have)−0.860%−$86 · spread now +0.084%, 7d avg −0.048%

Together, before fees−0.902%−$90 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.132% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.084% now, against its 7-day average of −0.048%): +$13 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 42 days. At the pace of the last 3 days (−0.042% in total) that is about 11 days. The two prices were read 52 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	Polymarket Perps AAVE-USD	144.78	0.0100	pay 0.0013% / 1h	25m 37s	$125K	$419K	10x
Short	RISEx AAVE/USDC	144.90	0.0089	get 0.0011% / 1h	25m 37s	$192K	$225K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$2.21
Price spread: +0.084% → −0.048%: $13.2
Slippage, 4 orders: −$13.42
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$16.43
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 42 min ago; RISEx: live order book, 43 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, 42 min ago	3.08 bp	9.1 bp −$9	9.6 bp −$96	doesn't fit	doesn't fit
Sell RISEx live order book, 43 min ago	2.63 bp	5.6 bp −$6	10.4 bp −$104	doesn't fit	doesn't fit

AAVE on 41 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	−0.0056%	1h	144.84	+0.041%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.90	+0.081%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.78	−0.003%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.62	−0.111%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.81	+0.021%	$250K	$358K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.81	+0.022%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.55	−0.159%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.401%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.70	−0.054%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.77	−0.007%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0057%	8h	144.76	−0.014%	$27.0M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0058%	8h	144.74	−0.027%	$65.3M	$184.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0073%	8h	144.81	+0.021%	$17.4M	$65.5M	50x	as long as short
RISEx AAVE/USDCshort	+0.0089%	1h	144.90	+0.084%	$192K	$225K	10x
Lighter AAVE	+0.0096%	1h	144.97	+0.131%	$4.7M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.82	+0.024%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.81	+0.018%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.65	−0.093%	$804K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.87	+0.062%	$78.5M	$35.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.85	+0.047%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.75	−0.021%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.80	+0.014%	$61.9M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.88	+0.069%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.233%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.80	+0.014%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.79	+0.007%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.76	−0.014%	$30.1M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.79	+0.007%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.93	+0.104%	$323K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.74	−0.027%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	−0.275%	$104K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.43	−0.240%	$463K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.39	−0.269%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USDlong	+0.0100%	1h	144.78	long leg	$125K	$419K	10x
SunX AAVE-USDT	+0.0100%	8h	144.62	−0.113%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.78	0.000%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.77	−0.009%	$702K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.80	+0.014%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.75	−0.024%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0240% / S −0.0367%	1h	144.80	+0.013%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.56	−0.152%	$775K	$2.8M	50x	as long as short