Funding you earn now, next payment 03:00 UTC−0.0236%/8h= −25.8% APRnext payment −$0.29 per $10,000 · paid last 24h −0.048%
Price spread now: Pacifica against Coinbase International−0.032%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$460.458% of the position
Funding, last 7 days−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now −0.032%, 7d avg −0.058%
=Together, before fees−0.273%+ Points / potential airdropPacifica: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.026% dearer against Coinbase International than usual: you sell high and buy low (spread −0.032% now, against its 7-day average of −0.058%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.178% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AAVE-PERP-INTX | 142.12 | 0.0336 | pay 0.0042% / 1h | 44m 50s | $775K | $2.8M | 50x |
| Short | Pacifica AAVE | 142.07 | 0.0100 | get 0.0013% / 1h | 44m 50s | $323K | $433K | 10x |
Coinbase International AAVE-PERP-INTX
Pacifica AAVEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$49.56
- Price spread: −0.032% → −0.058%
- $2.55
- Slippage, 4 orders
- −$27.75
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$92.76
- Costs to cover
- 0.458%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Pacifica: live order book, 14 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, 4 min ago | 3.17 bp | 11.5 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 14 min ago | 3.86 bp | 8.0 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange AAVEUSD | −0.0176% | 1h | 142.10 | −0.014% | $10K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0037% | 1h | 142.01 | −0.077% | $5K | $298K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 142.14 | +0.017% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.10 | −0.014% | $47K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.05 | −0.049% | $220K | $399K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.10 | −0.015% | $79K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.631% | $422 | $51K | 12x | as long as short |
| Nado AAVE-PERP | +0.0042% | 1h | 142.00 | −0.084% | $841K | $447K | 10x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.09 | −0.025% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0046% | 8h | 142.07 | −0.035% | $18K | $10K | 10x | as long as short |
01 Exchange AAVEUSD
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Nado AAVE-PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDCShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AAVE | +0.0056% | 1h | 142.04 | −0.056% | $4K | $102K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 142.13 | +0.009% | $4.5M | $1.9M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.08 | −0.025% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.18 | +0.042% | $76.7M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.16 | +0.028% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVEshort | +0.0100% | 1h | 142.07 | −0.032% | $323K | $433K | 10x | |
| Binance AAVEUSDT | +0.0100% | 8h | 142.06 | −0.042% | $63.4M | $185.6M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.04 | −0.056% | $60.7M | $66.5M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.05 | −0.049% | $17.0M | $63.7M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.19 | +0.049% | $63K | $204K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.11 | −0.007% | $8.0M | $15.6M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.08 | −0.028% | $25.1M | $23.6M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.06 | −0.042% | $10.5M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.04 | −0.056% | $28.9M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 142.05 | −0.049% | — | $44.0M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 142.18 | +0.042% | $337K | $715K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.05 | −0.050% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.83 | −0.204% | $102K | $279K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.90 | −0.157% | $448K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 141.81 | −0.218% | $132K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.15 | +0.021% | $122K | $384K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.09 | −0.021% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.19 | +0.051% | $684K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.07 | −0.035% | $4.0M | $3.7M | 50x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.68 | +0.392% | $58K | $2K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.06 | −0.040% | $895K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.01 | −0.074% | $120K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0136% | 1h | 142.18 | +0.040% | $177K | $241K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.04 | −0.056% | $3.3M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.09 | −0.023% | $111K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0326% | 1h | 142.12 | −0.003% | $3.4M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTXlong | +0.0336% | 1h | 142.12 | long leg | $775K | $2.8M | 50x |
Phoenix AAVE
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Bulk AAVE-USD
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD