AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0332%/8h= +36.4% APRnext payment +$0.41 per $10,000 · paid last 24h −0.059%

Price spread now: Backpack against 01 Exchange+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Backpack is 0.049% dearer against 01 Exchange than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	143.54	−0.0232	get 0.0029% / 1h	57m 20s	$10K	$2K	5x
Short	Backpack AAVE_USDC_PERP	143.61	0.0100	get 0.0013% / 1h	57m 20s	$379K	$709K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now +0.049%Rate

Funding earned: $69.72
Price spread: +0.049% → 0.000%: $4.88
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: $57.6
Costs to cover: 0.170%
Break-even: 1.2 days

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 27 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 27 min ago	0.35 bp	6.6 bp −$7	84.5 bp −$845	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0237%	1h	143.74	+0.139%	$252K	$480K	50x	as long as short
01 Exchange AAVEUSDlong	−0.0232%	1h	143.54	long leg	$10K	$2K	5x
SoDEX AAVE-USD	−0.0168%	1h	143.68	+0.098%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0044%	1h	143.73	+0.132%	$5K	$100K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.65	+0.075%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.72	+0.125%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.71	+0.117%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.584%	$422	$51K	12x	as long as short
Binance AAVEUSDT	+0.0039%	8h	143.71	+0.115%	$65.3M	$185.4M	75x	as long as short
MEXC AAVE_USDT	+0.0040%	8h	143.62	+0.056%	$31.0M	$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
Reya AAVERUSDPERP	+0.0044%	1h	143.64	+0.070%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	143.63	+0.060%	$179K	$246K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	143.73	+0.132%	$18K	$12K	10x	as long as short
Bulk AAVE-USD	+0.0049%	1h	143.56	+0.014%	$60K	$3K	10x	as long as short
Nado AAVE-PERP	+0.0052%	1h	143.55	+0.007%	$795K	$438K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0053%	8h	143.72	+0.125%	$17.3M	$66.0M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	143.84	+0.206%	$3.4M	$2.1M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0056%	1h	143.58	+0.028%	$133K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0056%	8h	143.62	+0.056%	$7.7M	$15.8M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	143.74	+0.143%	$121K	$146	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0089%	8h	143.62	+0.056%	$449K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.91	+0.257%	$4.6M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.52	−0.011%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.67	+0.091%	$78.8M	$33.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.56	+0.017%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.58	+0.026%	$327K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.68	+0.098%	$61.0M	$65.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.56	+0.014%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.53	−0.007%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.69	+0.105%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.68	+0.098%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERPshort	+0.0100%	1h	143.61	+0.049%	$379K	$709K	10x
Variational Omni AAVE	+0.0100%	8h	143.65	+0.076%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.62	+0.052%	$101K	$313K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.65	+0.077%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.52	−0.015%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.97	+0.297%	$716K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.75	+0.146%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.67	+0.089%	$919K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0156%	8h	143.61	+0.049%	$3.4M	$5.3M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	143.72	+0.126%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	143.80	+0.181%	$772K	$3.0M	50x	as long as short