AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.006%

Price spread now: Arcus against RISEx+0.036%7-day average +0.013% · 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−$21as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.040%+$4 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.036%, 7d avg +0.013%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.023% dearer against RISEx than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.013%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	142.64	0.0132	pay 0.0016% / 1h	9m 22s	$185K	$251K	10x
Short	Arcus AAVE-USD	142.69	0.0100	get 0.0013% / 1h	9m 22s	$64K	$199K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now +0.036%Rate

Funding earned: −$6.65
Price spread: +0.036% → +0.013%: $2.35
Slippage, 4 orders: −$12.78
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$27.58
Costs to cover: 0.233%
Break-even: never at this rate

Slippage from RISEx: live order book, 44 min ago; Arcus: live order book, 44 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 RISEx live order book, 44 min ago	0.69 bp	3.7 bp −$4	9.0 bp −$90	doesn't fit	doesn't fit
Sell Arcus live order book, 44 min ago	0.69 bp	7.5 bp −$8	24.4 bp −$244	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
dYdX AAVE-USD	0.0000%	1h	142.74	+0.073%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.78	+0.099%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.61	−0.020%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.54	−0.069%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.981%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	142.74	+0.071%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0037%	1h	142.54	−0.065%	$830K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.44	−0.142%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0057%	8h	142.52	−0.083%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0068%	8h	142.64	+0.001%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.70	+0.043%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.67	+0.022%	$78.0M	$37.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.57	−0.046%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.71	+0.049%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.49	−0.104%	$63.7M	$188.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.50	−0.097%	$61.3M	$67.8M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.51	−0.090%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USDshort	+0.0100%	1h	142.69	+0.036%	$64K	$199K	10x
Bulk AAVE-USD	+0.0100%	1h	142.97	+0.233%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.50	−0.097%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.51	−0.090%	$25.8M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.58	−0.041%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.50	−0.097%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.47	−0.118%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.72	+0.057%	$335K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.66	+0.014%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.93	+0.203%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.96	+0.226%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.98	+0.240%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.63	−0.006%	$131K	$450K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.64	0.000%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.62	−0.013%	$5K	$310K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.96	+0.223%	$683K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.51	−0.092%	$904K	$1.7M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	142.64	+0.001%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.53	−0.077%	$120K	$146	10x	as long as short
RISEx AAVE/USDClong	+0.0132%	1h	142.64	long leg	$185K	$251K	10x
BloFin AAVE-USDT	+0.0220%	8h	142.67	+0.022%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.71	+0.048%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.52	−0.085%	$111K	—	100x	as long as short
Lighter AAVE	+0.0256%	1h	142.94	+0.214%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	142.91	+0.191%	$781K	$2.8M	50x	as long as short