AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0307%/8h= −33.6% APRnext payment −$0.38 per $10,000 · paid last 24h −0.296%

Price spread now: Deribit against RISEx+0.001%7-day average −0.021% · 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−$23as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.355%−$35 on $10k

Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.001%, 7d avg −0.021%

Together, before fees−0.214%−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.021% dearer against RISEx than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.021%): +$2 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	143.01	0.0207	pay 0.0026% / 1h	57m 13s	$186K	$251K	10x
Short	Deribit AAVE_USDC-PERPETUAL	143.01	−0.0100	pay 0.0013% / 1h	57m 13s	$219K	$390K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$64.51
Price spread: +0.001% → −0.021%: $2.15
Slippage, 4 orders: −$11.82
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$87.18
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from RISEx: live order book, 56 min ago; Deribit: live order book, 52 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, 56 min ago	0.69 bp	3.7 bp −$4	9.0 bp −$90	doesn't fit	doesn't fit
Sell Deribit live order book, 52 min ago	5.22 bp	8.7 bp −$9	16.7 bp −$167	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	−0.0100%	1h	143.01	+0.001%	$219K	$390K	50x
Nado AAVE-PERP	−0.0096%	1h	142.96	−0.034%	$833K	$401K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.79	−0.155%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.85	−0.111%	$51K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.09	+0.053%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.230%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	142.46	−0.384%	$4K	$106K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.03	+0.016%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0060%	8h	143.05	+0.029%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0070%	8h	143.02	+0.008%	$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
01 Exchange AAVEUSD	+0.0096%	1h	142.98	−0.020%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.86	−0.107%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.17	+0.113%	$78.2M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.06	+0.037%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.85	−0.111%	$327K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.08	+0.051%	$64.0M	$188.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.09	+0.057%	$61.3M	$68.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.06	+0.036%	$17.1M	$64.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.02	+0.008%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.61	−0.279%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.08	+0.050%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.11	+0.071%	$25.8M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.12	+0.078%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.04	+0.022%	$29.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.08	+0.050%	—	$43.6M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.62	−0.272%	$335K	$724K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.46	−0.384%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.43	−0.408%	$104K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.50	−0.357%	$455K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.73	−0.195%	$133K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.10	+0.064%	$133K	$451K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.03	+0.015%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.04	+0.022%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.34	+0.229%	$686K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.97	−0.026%	$904K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.06	+0.035%	$121K	$146	10x	as long as short
RISEx AAVE/USDClong	+0.0207%	1h	143.01	long leg	$186K	$251K	10x
Lighter AAVE	+0.0208%	1h	143.27	+0.182%	$4.5M	$2.4M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.09	+0.057%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0237%	1h	143.08	+0.053%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.08	+0.047%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.04	+0.022%	$786K	$2.8M	50x	as long as short