AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h −0.053%

Price spread now: Phoenix against 01 Exchange−0.171%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Phoenix

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Phoenix is 0.171% cheaper against 01 Exchange than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	146.28	0	get 0.0000% / 1h	33m 34s	$11K	$2K	5x
Short	Phoenix AAVE	146.03	−0.0027	pay 0.0003% / 1h	33m 34s	$5K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$5.76
Price spread: −0.171% → 0.000%: −$17.09
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$36.85
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Phoenix: no order-book sample. 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 Phoenix no order-book sample	—	—	—	—	—

01 Exchange and Phoenix: 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
SoDEX AAVE-USD	−0.0076%	1h	146.04	−0.164%	$5K	$305K	10x	as long as short
Phoenix AAVEshort	−0.0027%	1h	146.03	−0.171%	$5K	$99K	10x
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.09	−0.130%	$255K	$394K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.14	−0.099%	$104K	$5K	10x	as long as short
01 Exchange AAVEUSDlong	0.0000%	1h	146.28	long leg	$11K	$2K	5x
Kalshi KXAAVEPERP	0.0000%	8h	146.09	−0.130%	$84K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.14	−0.098%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.32	+0.025%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.371%	$422	$51K	12x	as long as short
Binance AAVEUSDT	+0.0039%	8h	146.26	−0.014%	$66.6M	$185.9M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0040%	8h	146.26	−0.014%	$30.5M	$25.8M	200x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.25	−0.022%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.04	−0.164%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0073%	8h	146.27	−0.007%	$18.0M	$67.8M	50x	as long as short
Gate AAVE_USDT	+0.0078%	8h	146.16	−0.082%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.08	−0.133%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.39	+0.078%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.19	−0.064%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.13	−0.106%	$804K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.44	+0.109%	$80.8M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.18	−0.071%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.19	−0.062%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.27	−0.007%	$62.4M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.26	−0.014%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.88	−0.273%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.27	−0.007%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.20	−0.055%	$30.4M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.17	−0.075%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.22	−0.041%	$347K	$744K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.13	−0.104%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.68	−0.409%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.69	−0.403%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.11	−0.116%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.31	+0.021%	$128K	$456K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.03	−0.170%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.17	−0.078%	$698K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.07	−0.144%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.17	−0.076%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.29	+0.004%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0160%	8h	146.13	−0.103%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.09	−0.127%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.25	−0.021%	$788K	$3.0M	50x	as long as short