AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.055%

Price spread now: Pacifica against SoDEX+0.103%7-day average +0.027% · 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−$19as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on SoDEX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.079%+$8 on $10k

Price spread, last 3 days (all we have)−0.274%−$27 · spread now +0.103%, 7d avg +0.027%

Together, before fees−0.195%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Pacifica is 0.077% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	143.19	−0.0151	get 0.0019% / 1h	2m 42s	$5K	$299K	10x
Short	Pacifica AAVE	143.34	0.0100	get 0.0013% / 1h	2m 42s	$326K	$505K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.103%Rate

Funding earned: $52.8
Price spread: +0.103% → +0.027%: $7.67
Slippage, 4 orders: −$10.18
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $34.29
Costs to cover: 0.262%
Break-even: 2.5 days

Slippage from SoDEX: live order book, 21 min ago; Pacifica: live order book, 21 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, 21 min ago	0.35 bp	5.0 bp −$5	10.2 bp −$102	94.9 bp −$9,494	doesn't fit
Sell Pacifica live order book, 21 min ago	3.46 bp	7.5 bp −$7	doesn't fit	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-PERPETUAL	−0.0448%	1h	143.23	+0.028%	$252K	$489K	50x	as long as short
SoDEX AAVE-USDlong	−0.0151%	1h	143.19	long leg	$5K	$299K	10x
01 Exchange AAVEUSD	−0.0104%	1h	143.10	−0.063%	$10K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	143.24	+0.035%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.32	+0.092%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.24	+0.035%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.27	+0.059%	$69K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.31	+0.083%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.351%	$422	$51K	12x	as long as short
Binance AAVEUSDT	+0.0044%	8h	143.31	+0.084%	$65.1M	$185.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	143.17	−0.015%	—	—	20x	as long as short
MEXC AAVE_USDT	+0.0045%	8h	143.30	+0.077%	$30.7M	$26.5M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	143.20	+0.007%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0052%	8h	143.34	+0.105%	$17.3M	$65.8M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0058%	1h	143.62	+0.300%	$134K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	143.30	+0.077%	$7.7M	$16.0M	75x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.548%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0091%	8h	143.60	+0.287%	$449K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.52	+0.233%	$4.6M	$1.7M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.22	+0.023%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.39	+0.138%	$178K	$247K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.31	+0.087%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.09	−0.066%	$792K	$438K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.40	+0.147%	$78.7M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.35	+0.112%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	143.34	+0.103%	$326K	$505K	10x
Bybit AAVEUSDT	+0.0100%	8h	143.32	+0.091%	$60.9M	$65.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.34	+0.105%	$50K	$274K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.30	+0.077%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.31	+0.084%	$29.8M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.31	+0.084%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.33	+0.098%	$379K	$710K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	+0.132%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.50	+0.213%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.24	+0.035%	$125K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.18	−0.010%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.22	+0.022%	$712K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.28	+0.063%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.29	+0.072%	$919K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0166%	8h	143.17	−0.014%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.44	+0.175%	$769K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	143.28	+0.064%	$123K	—	100x	as long as short