Settings8H · net · $10k
Funding arb · Price arb /

AAVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0226%/8h= +24.7% APRpaid last 24h +0.008%
Price spread now: Variational Omni against SoDEX−0.079%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.011%+$1 on $10k
Price spread, last 3 days (all we have)−0.111%−$11 · spread now −0.079%, 7d avg −0.010%
Together, before fees−0.100%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.069% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.010%). If the spread goes back, that is −$7 on $10k: about 24 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.011% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AAVE-USD145.31−0.0126get 0.0016% / 1h5m 57s$5K$305K10x
ShortVariational Omni AAVE145.200.0100get 0.0100% / 8h5m 57s$3.8M$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$47.42
Price spread: −0.079% → −0.010%
−$6.89
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$32.52
Costs to cover
0.080%
Break-even
2.2 days
Slippage unknown: SoDEX: live order book, 8 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 8 min ago0.34 bp5.3 bp −$510.4 bp −$10495.3 bp −$9,532doesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.06 bpdoesn't fit12.0 bp −$120doesn't fitdoesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AAVE-USDlong−0.0126%1h145.31long leg$5K$305K10x
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.36+0.034%$254K$391K50xas long as short
01 Exchange AAVEUSD−0.0048%1h145.76+0.310%$11K$2K5xas long as short
Phoenix AAVE−0.0027%1h145.87+0.385%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h145.84+0.364%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.40+0.062%$77K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.41+0.069%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.31+0.002%$70K150xas long as short
Binance AAVEUSDT+0.0029%8h145.25−0.041%$66.3M$187.7M75xas long as short
MEXC AAVE_USDT+0.0030%8h145.43+0.083%$29.6M$26.1M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AAVE/USDC PERP+0.0033%1h136.96−5.746%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.33+0.017%20xas long as short
Orderly PERP_AAVE_USDC+0.0052%8h145.28−0.021%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0066%8h145.33+0.014%$17.8M$67.4M50xas long as short
Gate AAVE_USDT+0.0073%8h145.26−0.034%$7.8M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.36+0.031%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.46+0.102%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.73+0.290%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.56+0.170%$801K$445K10xas long as short
Hyperliquid AAVE+0.0100%1h145.35+0.028%$79.9M$34.9M10xas long as short
Aster AAVEUSDT+0.0100%8h145.30−0.007%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.79+0.333%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.33+0.014%$62.0M$66.0M75xas long as short
Arcus AAVE-USD+0.0100%1h145.77+0.317%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.59+0.191%$61K$36010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.26−0.034%$9.9M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.28−0.021%$30.2M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.27−0.028%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.35+0.028%$347K$746K10xas long as short
Variational Omni AAVEshort+0.0100%8h145.20−0.079%$3.8M$1.4M
edgeX AAVEUSDC+0.0100%4h145.63+0.219%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h145.55+0.163%$457K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h145.64+0.227%$135K$230K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.80+0.337%$128K$455K10xas long as short
SunX AAVE-USDT+0.0100%8h145.76+0.312%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h145.73+0.288%$689K$5.1M75xas long as short
Phemex AAVEUSDT+0.0100%8h145.34+0.021%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.31−0.002%$935K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h145.81+0.344%$185K$247K10xas long as short
BloFin AAVE-USDT+0.0121%8h145.56+0.172%$3.5M$4.1M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h145.29−0.012%$127K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h145.53+0.151%$790K$3.0M50xas long as short