AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.028%

Price spread now: dYdX against Aevo+0.024%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$362as in the Funding arb table

Net, price: spread back to 7d avg − costs−$340as in the Price arb table

costs, in and out, $10k−$3423.419% of the position

Long on Aevo Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.024%, 7d avg +0.003%

Together, before fees−0.422%−$42 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.021% dearer against Aevo than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of +0.003%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	142.85	0.0104	pay 0.0013% / 1h	24m 37s	$121K	$146	10x
Short	dYdX AAVE-USD	142.88	0	get 0.0000% / 1h	24m 37s	$102K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Aevo. 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 AevobpFee dYdXbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21.84
Price spread: +0.024% → +0.003%: $2.11
Slippage, 4 orders: −$315.95
Fee Aevo: 8 bp × 2 orders: −$16
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$361.68
Costs to cover: 3.419%
Break-even: never at this rate

Slippage from Aevo: live order book, 29 min ago; dYdX: live order book, 29 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 Aevo live order book, 29 min ago	22.56 bp	37.7 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell dYdX live order book, 29 min ago	62.65 bp	191.9 bp −$192	193.5 bp −$1,935	197.2 bp −$19.7K	198.2 bp −$99.1K

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
dYdX AAVE-USDshort	0.0000%	1h	142.88	+0.024%	$102K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	142.96	+0.080%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.82	−0.018%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.88	+0.024%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.121%	$422	$51K	12x	as long as short
Phoenix AAVE	+0.0033%	1h	143.58	+0.514%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0036%	1h	142.83	−0.011%	$834K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.82	−0.016%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	142.85	+0.003%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0060%	8h	142.89	+0.031%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0096%	1h	143.03	+0.129%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.78	−0.046%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.85	+0.002%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.82	−0.016%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.78	−0.043%	$63.7M	$188.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.83	−0.011%	$61.4M	$67.8M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.86	+0.010%	$17.0M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.95	+0.073%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.81	−0.025%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.85	+0.003%	$25.5M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.84	−0.004%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.82	−0.018%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.85	+0.003%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.94	+0.066%	$336K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.92	+0.051%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	+0.064%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.34	+0.345%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.00	+0.108%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.96	+0.080%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.96	+0.082%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.83	−0.011%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.88	+0.021%	$683K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	+0.325%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.78	−0.043%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERPlong	+0.0104%	1h	142.85	long leg	$121K	$146	10x
RISEx AAVE/USDC	+0.0132%	1h	143.00	+0.105%	$185K	$251K	10x	as long as short
Lighter AAVE	+0.0152%	1h	143.01	+0.115%	$4.5M	$2.3M	10x	as long as short
Hyperliquid AAVE	+0.0197%	1h	142.98	+0.094%	$78.3M	$36.9M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.83	−0.011%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.95	+0.069%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.87	+0.013%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.584%	$788K	$2.8M	50x	as long as short