AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%

Price spread now: ApeX Omni against Arcus+0.027%7-day average +0.005% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Arcus Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.010%−$1 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.027%, 7d avg +0.005%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.023% dearer against Arcus than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AAVE-USD	146.22	0.0100	pay 0.0013% / 1h	29m 06s	$46K	$278K	10x
Short	ApeX Omni AAVEUSDT	146.26	0.0092	get 0.0011% / 1h	29m 06s	$136K	$231K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Arcus. 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 ArcusbpFee ApeX OmnibpOrdersPrice spread, now +0.027%Rate

Funding earned: −$1.73
Price spread: +0.027% → +0.005%: $2.26
Slippage, 4 orders: −$27.45
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$41.42
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Arcus: live order book, 44 min ago; ApeX Omni: live order book, 42 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 Arcus live order book, 44 min ago	2.05 bp	8.3 bp −$8	23.8 bp −$238	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 42 min ago	5.14 bp	13.3 bp −$13	67.4 bp −$674	doesn't fit	doesn't fit

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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.23	+0.010%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0152%	1h	146.18	−0.027%	$11K	$2K	5x	as long as short
Phemex AAVEUSDT	−0.0128%	8h	146.16	−0.041%	$4.2M	$3.8M	50x	as long as short
SoDEX AAVE-USD	−0.0108%	1h	146.14	−0.055%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0092%	1h	146.16	−0.041%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.35	+0.088%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.23	+0.007%	$78K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.31	+0.062%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.19	−0.021%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0019%	8h	146.16	−0.041%	$29.1M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0019%	8h	146.24	+0.014%	$66.3M	$184.0M	75x	as long as short
Gate AAVE_USDT	+0.0020%	8h	146.21	−0.007%	$7.9M	$15.2M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.333%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.11	−0.073%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	146.12	−0.068%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0062%	8h	146.26	+0.027%	$18.0M	$66.6M	50x	as long as short
Bybit AAVEUSDT	+0.0069%	8h	146.26	+0.027%	$62.6M	$65.0M	75x	as long as short
BloFin AAVE-USDT	+0.0077%	8h	146.14	−0.055%	$3.5M	$3.5M	100x	as long as short
GRVT AAVE_USDT_Perp	+0.0087%	8h	146.23	+0.003%	$460K	$3.8M	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.16	−0.044%	$123K	$146	10x	as long as short
ApeX Omni AAVEUSDTshort	+0.0092%	1h	146.26	+0.027%	$136K	$231K	50x
Lighter AAVE	+0.0096%	1h	146.39	+0.114%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.24	+0.011%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.18	−0.027%	$799K	$424K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.28	+0.041%	$79.8M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.16	−0.044%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.25	+0.021%	$334K	$502K	10x	as long as short
Arcus AAVE-USDlong	+0.0100%	1h	146.22	long leg	$46K	$278K	10x
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.342%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.21	−0.007%	$10.1M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.17	−0.034%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.19	−0.021%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.27	+0.034%	$333K	$737K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.16	−0.039%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.15	−0.047%	$105K	$319K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.24	+0.014%	$128K	$426K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.06	−0.107%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.36	+0.096%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.10	−0.080%	$933K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.24	+0.014%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.14	−0.055%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.42	+0.137%	$786K	$2.9M	50x	as long as short