AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.18 per $10,000 · paid last 24h +0.055%

Price spread now: Coinbase International against RISEx+0.121%7-day average +0.068% · 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−$30as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.114%+$11 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now +0.121%, 7d avg +0.068%

Together, before fees+0.268%+$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.054% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	143.30	0.0195	pay 0.0024% / 1h	38m 40s	$191K	$233K	10x
Short	Coinbase International AAVE-PERP-INTX	143.47	0.0336	get 0.0042% / 1h	38m 40s	$776K	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.121%Rate

Funding earned: $29.59
Price spread: +0.121% → +0.068%: $5.38
Slippage, 4 orders: −$19.42
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$0.45
Costs to cover: 0.354%
Break-even: 7.1 days

Slippage from RISEx: live order book, 25 min ago; Coinbase International: live order book, 5 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, 25 min ago	1.84 bp	4.8 bp −$5	9.6 bp −$96	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	4.52 bp	14.2 bp −$14	19.3 bp −$193	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	−0.0064%	1h	143.24	−0.039%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.22	−0.051%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.34	+0.031%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.16	−0.095%	$238K	$377K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.20	−0.067%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.422%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.15	−0.102%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.22	−0.053%	—	—	20x	as long as short
Phoenix AAVE	+0.0089%	1h	143.55	+0.177%	$5K	$98K	10x	as long as short
Nado AAVE-PERP	+0.0094%	1h	143.26	−0.027%	$831K	$431K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.46	+0.114%	$4.6M	$1.5M	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0098%	8h	143.28	−0.011%	$17.1M	$63.3M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.28	−0.009%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.42	+0.087%	$77.6M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.29	−0.007%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.32	+0.014%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.29	−0.005%	$64.2M	$182.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.29	−0.004%	$61.3M	$64.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.27	−0.018%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.56	+0.182%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.25	−0.032%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.28	−0.011%	$25.9M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.29	−0.004%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.30	+0.003%	$30.0M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.23	−0.046%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.25	−0.032%	$319K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.49	+0.133%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.52	+0.153%	$103K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.78	+0.338%	$456K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.78	+0.338%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.28	−0.011%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.22	−0.052%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.13	−0.116%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.25	−0.035%	$692K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.23	−0.046%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.19	−0.077%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.21	−0.062%	$121K	$146	10x	as long as short
RISEx AAVE/USDClong	+0.0195%	1h	143.30	long leg	$191K	$233K	10x
BloFin AAVE-USDT	+0.0220%	8h	143.11	−0.130%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.18	−0.083%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.24	−0.037%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTXshort	+0.0336%	1h	143.47	+0.121%	$776K	$2.8M	50x