AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.019%

Price spread now: SunX against Bybit+0.044%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$1481.484% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$13 on $10k

Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.044%, 7d avg +0.014%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AAVEUSDT	146.28	0.0080	pay 0.0080% / 8h	7h 27m	$62.6M	$65.0M	75x
Short	SunX AAVE-USDT	146.34	0.0100	get 0.0100% / 8h	7h 27m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $4.12
Price spread: +0.044% → +0.014%: $2.93
Slippage, 4 orders: −$129.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$141.3
Costs to cover: 1.484%
Break-even: 247.2 days

Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 6 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 Bybit live order book, 1 min ago	0.34 bp	8.3 bp −$8	15.9 bp −$159	58.4 bp −$5,836	doesn't fit
Sell SunX live order book, 6 min ago	44.89 bp	66.7 bp −$67	doesn't fit	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
Phemex AAVEUSDT	−0.0202%	8h	146.37	+0.062%	$4.2M	$3.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.51	+0.156%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0152%	1h	146.34	+0.041%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0105%	1h	146.42	+0.096%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.49	+0.141%	$105K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.31	+0.021%	$78K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.31	+0.021%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.46	+0.123%	$255K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.44	+0.111%	$71K	—	150x	as long as short
Gate AAVE_USDT	+0.0014%	8h	146.32	+0.027%	$7.9M	$15.2M	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	+0.0019%	8h	146.33	+0.034%	$29.1M	$25.8M	200x	as long as short
Binance AAVEUSDT	+0.0020%	8h	146.30	+0.011%	$66.3M	$183.7M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.371%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.33	+0.036%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	146.43	+0.103%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0061%	8h	146.25	−0.021%	$18.0M	$66.5M	50x	as long as short
BloFin AAVE-USDT	+0.0077%	8h	146.14	−0.096%	$3.5M	$3.5M	100x	as long as short
Bybit AAVEUSDTlong	+0.0080%	8h	146.28	long leg	$62.6M	$65.0M	75x
GRVT AAVE_USDT_Perp	+0.0087%	8h	146.23	−0.038%	$460K	$3.8M	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.46	+0.123%	$124K	$146	10x	as long as short
ApeX Omni AAVEUSDT	+0.0092%	1h	146.26	−0.014%	$136K	$231K	50x	as long as short
Lighter AAVE	+0.0096%	1h	146.50	+0.154%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.30	+0.011%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.33	+0.034%	$800K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.43	+0.103%	$79.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.45	+0.116%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.33	+0.034%	$334K	$502K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.33	+0.034%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.36	+0.052%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.31	+0.021%	$10.2M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.30	+0.014%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.29	+0.007%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.50	+0.150%	$334K	$737K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.16	−0.080%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.15	−0.088%	$105K	$319K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.41	+0.089%	$128K	$426K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	146.34	+0.044%	$1K	$1.3M	20x
HTX AAVE-USDT	+0.0100%	8h	146.54	+0.181%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.26	−0.015%	$937K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.36	+0.058%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.41	+0.086%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.42	+0.096%	$786K	$2.9M	50x	as long as short