AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.054%

Price spread now: Nado against SoDEX−0.055%7-day average −0.020% · 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−$29as in the Price arb table

costs, in and out, $10k−$250.253% of the position

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.055%, 7d avg −0.020%

Together, before fees+0.017%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.035% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	146.20	0.0002	pay 0.0000% / 1h	47m 48s	$5K	$298K	10x
Short	Nado AAVE-PERP	146.12	0.0100	get 0.0012% / 1h	47m 48s	$809K	$438K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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 SoDEXbpFee NadobpOrdersPrice spread, now −0.055%Rate

Funding earned: $20.52
Price spread: −0.055% → −0.020%: −$3.5
Slippage, 4 orders: −$10.29
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$8.27
Costs to cover: 0.253%
Break-even: 9.8 days

Slippage from SoDEX: live order book, 31 min ago; Nado: live order book, 30 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 SoDEX live order book, 31 min ago	0.34 bp	5.0 bp −$5	9.3 bp −$93	94.0 bp −$9,397	doesn't fit
Sell Nado live order book, 30 min ago	1.38 bp	7.9 bp −$8	17.2 bp −$172	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
Phoenix AAVE	−0.0027%	1h	146.35	+0.103%	$5K	$99K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.19	−0.007%	$256K	$412K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.24	+0.030%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.14	−0.041%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.31	+0.073%	$3.5M	$2.1M	50x	as long as short
SoDEX AAVE-USDlong	+0.0002%	1h	146.20	long leg	$5K	$298K	10x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.22	+0.016%	$71K	—	150x	as long as short
01 Exchange AAVEUSD	+0.0024%	1h	146.21	+0.007%	$11K	$2K	5x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.320%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0043%	8h	146.21	+0.007%	$30.8M	$25.6M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0043%	8h	146.16	−0.025%	$66.6M	$185.3M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.18	−0.013%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	146.17	−0.021%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0071%	8h	146.13	−0.048%	$17.8M	$67.5M	50x	as long as short
Gate AAVE_USDT	+0.0079%	8h	146.17	−0.021%	$7.9M	$15.8M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.20	0.000%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.42	+0.150%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.11	−0.060%	$14K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	146.12	−0.055%	$809K	$438K	10x
Aster AAVEUSDT	+0.0100%	8h	146.27	+0.046%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.20	+0.003%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.14	−0.041%	$62.4M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.16	−0.027%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.49	+0.200%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.15	−0.034%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.15	−0.034%	$30.6M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.14	−0.041%	—	$43.9M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	146.38	+0.121%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.35	+0.106%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.43	+0.160%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.41	+0.144%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.26	+0.041%	$128K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.19	−0.005%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.24	+0.027%	$700K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.26	+0.041%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.11	−0.061%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.20	+0.001%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0163%	8h	146.31	+0.075%	$3.5M	$4.0M	100x	as long as short
Hyperliquid AAVE	+0.0164%	1h	146.33	+0.089%	$80.9M	$34.4M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0171%	1h	146.32	+0.082%	$353K	$733K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.22	+0.014%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.43	+0.157%	$795K	$3.0M	50x	as long as short