AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.002%

Price spread now: RISEx against Arcus−0.029%7-day average −0.014% · 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−$27as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.029%, 7d avg −0.014%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus AAVE-USD	142.67	0.0100	pay 0.0013% / 1h	23m 28s	$64K	$197K	10x
Short	RISEx AAVE/USDC	142.63	0.0256	get 0.0032% / 1h	23m 28s	$192K	$274K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.029%Rate

Funding earned: $32.72
Price spread: −0.029% → −0.014%: −$1.6
Slippage, 4 orders: −$14.7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $5.93
Costs to cover: 0.252%
Break-even: 5.7 days

Slippage from Arcus: live order book, 20 min ago; RISEx: live order book, 20 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, 20 min ago	2.11 bp	8.2 bp −$8	20.0 bp −$200	doesn't fit	doesn't fit
Sell RISEx live order book, 20 min ago	1.54 bp	4.5 bp −$5	9.2 bp −$92	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
dYdX AAVE-USD	0.0000%	1h	142.69	+0.016%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.67	0.000%	$50K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.82	+0.105%	$216K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.81	+0.096%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.002%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.52	−0.103%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0050%	1h	142.59	−0.060%	$828K	$395K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0079%	8h	142.67	0.000%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.81	+0.098%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.83	+0.114%	$4.5M	$2.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.65	−0.014%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.68	+0.007%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.70	+0.022%	$326K	$385K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.65	−0.014%	$64.2M	$189.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.67	0.000%	$61.5M	$67.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.64	−0.021%	$17.0M	$64.6M	50x	as long as short
Arcus AAVE-USDlong	+0.0100%	1h	142.67	long leg	$64K	$197K	10x
Bulk AAVE-USD	+0.0100%	1h	142.07	−0.417%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.64	−0.021%	$8.0M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.57	−0.070%	$24.6M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.59	−0.056%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.68	+0.007%	$29.2M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.63	−0.028%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.76	+0.063%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.26	−0.290%	$107K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.35	−0.224%	$448K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.36	−0.217%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.64	−0.021%	$141K	$472K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.56	−0.077%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.79	+0.084%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.91	+0.169%	$676K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.77	+0.070%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.63	−0.029%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.72	+0.035%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.63	−0.028%	$10K	$2K	5x	as long as short
Backpack AAVE_USDC_PERP	+0.0125%	1h	142.96	+0.203%	$396K	$727K	10x	as long as short
Hyperliquid AAVE	+0.0186%	1h	142.74	+0.049%	$78.0M	$37.0M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.73	+0.042%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.73	+0.039%	$111K	—	100x	as long as short
RISEx AAVE/USDCshort	+0.0256%	1h	142.63	−0.029%	$192K	$274K	10x
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.23	−0.308%	$754K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.89	+0.156%	$3.4M	$2.1M	50x	as long as short