AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.020%

Price spread now: MEXC against SunX+0.032%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1351.345% of the position

Long on SunX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.032%, 7d avg +0.014%

Together, before fees−0.221%−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAVE-USDT	146.00	0.0100	pay 0.0100% / 8h	27m 26s	$2K	$1.3M	20x
Short	MEXC AAVE_USDT	146.05	0.0041	get 0.0041% / 8h	27m 26s	$30.2M	$25.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against SunX. 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 SunXbpFee MEXCbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$12.39
Price spread: +0.032% → +0.014%: $1.83
Slippage, 4 orders: −$126.52
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$145.08
Costs to cover: 1.345%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; MEXC: live order book, 1 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 SunX live order book, 6 min ago	44.88 bp	66.5 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.34 bp	1.2 bp −$1	5.8 bp −$58	36.1 bp −$3,613	123.9 bp −$62.0K

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
SoDEX AAVE-USD	−0.0076%	1h	146.04	+0.025%	$5K	$305K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	146.18	+0.121%	$5K	$99K	10x	as long as short
01 Exchange AAVEUSD	−0.0008%	1h	146.04	+0.025%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.13	+0.089%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.02	+0.012%	$84K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.18	+0.121%	$255K	$394K	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.12	+0.081%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.16	+0.110%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.194%	$422	$51K	12x	as long as short
MEXC AAVE_USDTshort	+0.0041%	8h	146.05	+0.032%	$30.2M	$25.9M	200x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0041%	8h	146.14	+0.094%	$66.6M	$185.9M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.04	+0.025%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.14	+0.094%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0075%	8h	146.14	+0.094%	$18.0M	$67.7M	50x	as long as short
Gate AAVE_USDT	+0.0078%	8h	146.12	+0.080%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.16	+0.111%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.23	+0.155%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.02	+0.011%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.03	+0.022%	$803K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.22	+0.149%	$80.6M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.04	+0.024%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.06	+0.037%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.14	+0.094%	$62.3M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.04	+0.025%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.07	+0.046%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.00	−0.002%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.05	+0.032%	$30.4M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.13	+0.087%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.14	+0.094%	$348K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.17	+0.113%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.08	+0.051%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.16	+0.110%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.07	+0.046%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.12	+0.080%	$128K	$456K	10x	as long as short
SunX AAVE-USDTlong	+0.0100%	8h	146.00	long leg	$2K	$1.3M	20x
HTX AAVE-USDT	+0.0100%	8h	146.09	+0.061%	$698K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.07	+0.046%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.98	−0.018%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.06	+0.040%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0161%	8h	146.12	+0.080%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.16	+0.107%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.33	+0.224%	$788K	$3.0M	50x	as long as short