AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.053%

Price spread now: RISEx against Coinbase International−0.113%7-day average −0.069% · 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−$36as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.109%−$11 on $10k

Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.113%, 7d avg −0.069%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and RISEx is 0.043% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.069%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AAVE-PERP-INTX	146.15	0.0296	pay 0.0037% / 1h	48m 49s	$784K	$3.1M	50x
Short	RISEx AAVE/USDC	145.99	0.0107	get 0.0013% / 1h	48m 49s	$185K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 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 Coinbase InternationalbpFee RISExbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$39.77
Price spread: −0.113% → −0.069%: −$4.33
Slippage, 4 orders: −$16.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$76.2
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; RISEx: live order book, 24 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, 5 min ago	4.46 bp	10.9 bp −$11	15.2 bp −$152	doesn't fit	doesn't fit
Sell RISEx live order book, 24 min ago	0.41 bp	3.4 bp −$3	8.8 bp −$88	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	146.14	−0.009%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0128%	1h	145.94	−0.144%	$11K	$2K	5x	as long as short
ApeX Omni AAVEUSDT	−0.0082%	1h	145.42	−0.499%	$135K	$229K	50x	as long as short
SoDEX AAVE-USD	−0.0041%	1h	146.02	−0.089%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.75	−0.270%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.87	−0.192%	$79K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	145.67	−0.328%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.05	−0.068%	$255K	$391K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.94	−0.141%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0023%	8h	146.07	−0.055%	$29.1M	$25.6M	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	+0.0023%	8h	146.12	−0.021%	$66.3M	$187.6M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.288%	$422	$51K	12x	as long as short
GRVT AAVE_USDT_Perp	+0.0034%	8h	145.61	−0.368%	$456K	$3.9M	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.83	−0.217%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	146.01	−0.096%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0066%	8h	146.14	−0.007%	$17.8M	$67.4M	50x	as long as short
Gate AAVE_USDT	+0.0069%	8h	146.10	−0.034%	$7.9M	$15.2M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.04	−0.075%	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0093%	8h	145.90	−0.171%	$3.5M	$4.1M	100x	as long as short
Lighter AAVE	+0.0096%	1h	146.19	+0.029%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.78	−0.252%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.84	−0.216%	$797K	$448K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.15	0.000%	$79.8M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.06	−0.059%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.85	−0.206%	$333K	$503K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.16	+0.007%	$62.4M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.96	−0.130%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.52	−0.428%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.10	−0.034%	$10.0M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.02	−0.089%	$30.3M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.13	−0.014%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.13	−0.014%	$346K	$743K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.51	−0.436%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.59	−0.382%	$105K	$317K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.92	−0.157%	$128K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.94	−0.147%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.30	+0.101%	$698K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.98	−0.116%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.02	−0.086%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDCshort	+0.0107%	1h	145.99	−0.113%	$185K	$246K	10x
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	145.94	−0.143%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTXlong	+0.0296%	1h	146.15	long leg	$784K	$3.1M	50x