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 −0.044%

Price spread now: SoDEX against RISEx−0.116%7-day average −0.013% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$220.216% of the position

Long on RISEx Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.047%−$5 on $10k

Price spread, last 3 days (all we have)+0.174%+$17 · spread now −0.116%, 7d avg −0.013%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.103% cheaper against RISEx than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.013%). If the spread goes back, that is −$10 on $10k: about 33 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	144.52	0.0089	pay 0.0011% / 1h	3m 31s	$200K	$229K	10x
Short	SoDEX AAVE-USD	144.35	0.0100	get 0.0013% / 1h	3m 31s	$5K	$297K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.116%Rate

Funding earned: $2.21
Price spread: −0.116% → −0.013%: −$10.27
Slippage, 4 orders: −$7.58
Fee RISEx: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$29.64
Costs to cover: 0.216%
Break-even: 101.0 days

Slippage from RISEx: live order book, 65 min ago; SoDEX: live order book, 65 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, 65 min ago	2.63 bp	5.6 bp −$6	11.0 bp −$110	doesn't fit	doesn't fit
Sell SoDEX live order book, 65 min ago	0.34 bp	5.0 bp −$5	9.8 bp −$98	92.4 bp −$9,241	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.46	−0.038%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	144.46	−0.040%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.45	−0.046%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.34	−0.123%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.35	−0.116%	$245K	$370K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.43	−0.061%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	143.77	−0.517%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.229%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	−0.084%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.38	−0.095%	$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	+0.0085%	8h	144.44	−0.054%	$26.6M	$25.0M	200x	as long as short
Binance AAVEUSDT	+0.0087%	8h	144.46	−0.040%	$65.1M	$182.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0088%	8h	144.41	−0.074%	$17.3M	$64.1M	50x	as long as short
RISEx AAVE/USDClong	+0.0089%	1h	144.52	long leg	$200K	$229K	10x
Lighter AAVE	+0.0096%	1h	144.59	+0.051%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.41	−0.073%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.41	−0.078%	$803K	$415K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.56	+0.029%	$78.2M	$35.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.46	−0.043%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.43	−0.061%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.45	−0.047%	$61.8M	$64.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.49	−0.019%	$45K	$181K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.44	−0.054%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.42	−0.067%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.41	−0.074%	$30.0M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.42	−0.067%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.50	−0.012%	$323K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.02	−0.344%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.83	−0.478%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.07	−0.310%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.85	−0.462%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.46	−0.040%	$126K	$421K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.42	−0.065%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USDshort	+0.0100%	1h	144.35	−0.116%	$5K	$297K	10x
HTX AAVE-USDT	+0.0100%	8h	144.94	+0.291%	$702K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.41	−0.074%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	−0.313%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.38	−0.098%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.36	−0.107%	$122K	$146	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0253% / S −0.0397%	1h	144.41	−0.075%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.45	−0.047%	$776K	$2.8M	50x	as long as short