AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.031%

Price spread now: SoDEX against Aevo−0.017%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$890.887% of the position

Long on Aevo Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.090%−$9 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.017%, 7d avg −0.025%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	140.74	0.0104	pay 0.0013% / 1h	6m 16s	$119K	—	10x
Short	SoDEX AAVE-USD	140.72	−0.0012	pay 0.0001% / 1h	6m 16s	$7K	$216K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$24.28
Price spread: −0.017% → −0.025%: $0.76
Slippage, 4 orders: −$64.69
Fee Aevo: 8 bp × 2 orders: −$16
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$112.21
Costs to cover: 0.887%
Break-even: never at this rate

Slippage from Aevo: live order book, 40 min ago; SoDEX: live order book, 40 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, 40 min ago	26.53 bp	38.2 bp −$38	211.3 bp −$2,113	doesn't fit	doesn't fit
Sell SoDEX live order book, 40 min ago	0.35 bp	5.2 bp −$5	9.7 bp −$97	94.3 bp −$9,429	doesn't fit

AAVE on 42 exchanges

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
01 Exchange AAVEUSD	−0.0032%	1h	140.78	+0.025%	$10K	$2K	5x	as long as short
SoDEX AAVE-USDshort	−0.0012%	1h	140.72	−0.017%	$7K	$216K	10x
dYdX AAVE-USD	0.0000%	1h	140.77	+0.022%	$101K	$6K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	140.73	−0.010%	$42K	$1.3M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	140.75	+0.004%	$207K	$304K	50x	as long as short
Bybit AAVEUSDT	+0.0003%	8h	140.60	−0.103%	$60.7M	$58.9M	75x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	140.66	−0.056%	$78K	—	150x	as long as short
Phoenix AAVE	+0.0028%	1h	140.89	+0.104%	$4K	$81K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.689%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	140.69	−0.037%	—	—	20x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAVE	+0.0067%	8h	140.64	−0.075%	$3.6M	$758K	—	as long as short
Phemex AAVEUSDT	+0.0077%	8h	140.77	+0.018%	$3.9M	$3.6M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0084%	8h	140.71	−0.024%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	140.91	+0.118%	$4.5M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	140.64	−0.073%	$13K	$444	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	140.73	−0.010%	$810K	$305K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	140.81	+0.047%	$77.4M	$27.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	140.82	+0.052%	$1.2M	$1.0M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	140.73	−0.010%	$343K	$299K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	140.72	−0.020%	$63.5M	$158.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	140.62	−0.088%	$16.1M	$51.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	140.88	+0.096%	$94K	$205K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	140.86	+0.086%	$166K	$69K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	140.68	−0.046%	$8.1M	$13.7M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	140.67	−0.053%	$22.3M	$22.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	140.76	+0.011%	$10.2M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.68	−0.046%	$29.0M	$15.7M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	140.63	−0.081%	—	$34.6M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	140.70	−0.031%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	140.87	+0.090%	$448K	$3.0M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	140.78	+0.025%	$131K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	140.80	+0.040%	$132K	$366K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	140.75	+0.002%	$2K	$1.1M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.11	+0.262%	$637K	$1.4M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.66	−0.060%	$912K	$1.4M	50x	as long as short
Aevo AAVE-PERPlong	+0.0104%	1h	140.74	long leg	$119K	—	10x
RISEx AAVE/USDC	+0.0112%	1h	140.80	+0.036%	$181K	$226K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0140%	1h	140.78	+0.025%	$385K	$595K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	140.67	−0.053%	$3.2M	$3.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0240%	1h	140.79	+0.032%	$750K	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0254% / S −0.0365%	1h	140.80	+0.038%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0308%	1h	140.85	+0.077%	$3.4M	$1.8M	50x	as long as short