Funding you earn now, next payment 22:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.21 per $10,000 · paid last 24h −0.044%
Price spread now: ApeX Omni against Coinbase International+0.028%75s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.547% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.028%, 7d avg −0.055%
=The price spread pays, funding is against you. ApeX Omni is 0.083% dearer against Coinbase International than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.055%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.136% in total) that is about 4.3 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAVE-PERP-INTX | 145.06 | 0.0272 | pay 0.0034% / 1h | 8m 08s | $787K | $3.0M | 50x |
| Short | ApeX Omni AAVEUSDT | 145.10 | 0.0100 | get 0.0013% / 1h | 8m 08s | $135K | $228K | 50x |
Coinbase International AAVE-PERP-INTX
ApeX Omni AAVEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$36.12
- Price spread: +0.028% → −0.055%
- $8.3
- Slippage, 4 orders
- −$34.73
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$82.55
- Costs to cover
- 0.547%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; ApeX Omni: live order book, 8 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 Coinbase International live order book, 1 min ago | 4.81 bp | 12.6 bp −$13 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 8 min ago | 6.90 bp | 15.4 bp −$15 | 107.2 bp −$1,072 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0128% | 1h | 145.25 | +0.131% | $11K | $2K | 5x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0094% | 1h | 145.16 | +0.069% | $255K | $443K | 50x | as long as short |
| Phoenix AAVE | −0.0045% | 1h | 145.09 | +0.021% | $5K | $100K | 10x | as long as short |
| SoDEX AAVE-USD | −0.0025% | 1h | 145.16 | +0.069% | $5K | $298K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.31 | +0.170% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.17 | +0.076% | $67K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.24 | +0.124% | $70K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.584% | $422 | $51K | 12x | as long as short |
| MEXC AAVE_USDT | +0.0038% | 8h | 145.16 | +0.069% | $30.7M | $26.0M | 200x | as long as short |
| Binance AAVEUSDT | +0.0039% | 8h | 145.14 | +0.058% | $66.2M | $185.2M | 75x | as long as short |
01 Exchange AAVEUSD
Deribit AAVE_USDC-PERPETUAL
Phoenix AAVE
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
MEXC AAVE_USDT
Binance AAVEUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.15 | +0.059% | — | — | 20x | as long as short |
| RISEx AAVE/USDC | +0.0046% | 1h | 145.30 | +0.166% | $181K | $245K | 10x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0051% | 8h | 145.14 | +0.055% | $18K | $12K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0054% | 1h | 145.27 | +0.147% | $3.5M | $2.1M | 50x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0057% | 8h | 145.13 | +0.048% | $17.6M | $66.9M | 50x | as long as short |
| Gate AAVE_USDT | +0.0066% | 8h | 145.18 | +0.083% | $7.8M | $15.9M | 75x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 145.19 | +0.090% | $123K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.35 | +0.197% | $4.7M | $1.6M | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0099% | 8h | 145.02 | −0.026% | $458K | $3.8M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.31 | +0.174% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.24 | +0.128% | $804K | $436K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.33 | +0.186% | $79.9M | $33.8M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.23 | +0.115% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.35 | +0.200% | $332K | $504K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.17 | +0.076% | $61.9M | $65.9M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.28 | +0.152% | $50K | $273K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.13 | +0.046% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.16 | +0.069% | $9.9M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.21 | +0.103% | $30.3M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 145.19 | +0.090% | — | $43.9M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.27 | +0.145% | $347K | $723K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.04 | −0.017% | $3.8M | $1.4M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.06 | −0.002% | $104K | $315K | 20x | as long as short |
| ApeX Omni AAVEUSDTshort | +0.0100% | 1h | 145.10 | +0.028% | $135K | $228K | 50x | |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.29 | +0.159% | $127K | $467K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.16 | +0.071% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.35 | +0.199% | $696K | $5.0M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.19 | +0.090% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.13 | +0.045% | $931K | $1.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0154% | 8h | 145.38 | +0.221% | $3.5M | $4.0M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0267% / S −0.0438% | 1h | 145.22 | +0.107% | $125K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTXlong | +0.0272% | 1h | 145.06 | long leg | $787K | $3.0M | 50x |
Reya AAVERUSDPERP
RISEx AAVE/USDC
Orderly PERP_AAVE_USDC
Kraken Futures PF_AAVEUSD
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
Aevo AAVE-PERP
Lighter AAVE
GRVT AAVE_USDT_Perp
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]