AAVE

Alert

Funding spread now, next payment 15:00 UTC+1.9844%/8h

next payment, per $10,000+$24.80paid, last 24h+0.302%paid, last 7 days+0.490%to open and close $10k−$51

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.490% in total (about 25.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$24.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AAVE_USDC-PERPETUAL	141.65	−1.9744	get 0.2468% / 1h	52m 15s	$220K	$301K	50x
Short	Backpack AAVE_USDC_PERP	144.47	0.0100	get 0.0013% / 1h	52m 15s	$307K	$500K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee BackpackbpOrdersRate

Funding earned: $4,167.24
Slippage, 4 orders: −$33.76
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: $4,116.48
Break-even: 0.1 days

Slippage from Deribit: live order book, 68 min ago; Backpack: live order book, 3 min ago.

Price risk

price view

Price gap now: +1.991%
Avg gap 7d: +0.003%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Deribit live order book, 68 min ago	5.08 bp	8.6 bp −$9	16.8 bp −$168	doesn't fit	doesn't fit
Sell Backpack live order book, 3 min ago	1.38 bp	19.0 bp −$19	878.0 bp −$8,780	doesn't fit	doesn't fit

AAVE on 40 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUALlong	−1.9744%	1h	$220K	$301K	50x
SoDEX AAVE-USD	−0.0172%	1h	$5K	$289K	10x	as long as short
OKX AAVE-USDT-SWAP	−0.0010%	8h	$17.9M	$63.6M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	$64K	$1.3M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	$69K	—	150x	as long as short
Variational Omni AAVE	+0.0018%	8h	$3.8M	$1.2M	—	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	$422	$197K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	$18K	$18K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0082%	1h	$4K	$74K	10x	as long as short
MEXC AAVE_USDT	+0.0088%	8h	$25.9M	$22.8M	200x	as long as short
Binance AAVEUSDT	+0.0089%	8h	$66.0M	$171.9M	75x	as long as short
RISEx AAVE/USDC	+0.0091%	1h	$190K	$246K	10x	as long as short
KuCoin AAVEUSDTM	+0.0096%	8h	$10.0M	$8.2M	75x	as long as short
Phemex AAVEUSDT	+0.0098%	8h	$4.1M	$3.9M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	$13K	$3K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	$818K	$413K	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	$334K	$431K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	$60.1M	$58.5M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	$51K	$376K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	$59K	$20K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	$7.8M	$12.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	$29.6M	$15.6M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	—	$41.1M	—	as long as short
Backpack AAVE_USDC_PERPshort	+0.0100%	1h	$307K	$500K	10x
edgeX AAVEUSDC	+0.0100%	4h	$99K	$308K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	$135K	$242K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	$133K	$616K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	$2K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	$734K	$4.4M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	$907K	$1.3M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	$122K	$146	10x	as long as short
Hyperliquid AAVE	+0.0147%	1h	$81.5M	$23.5M	10x	as long as short
Lighter AAVE	+0.0160%	1h	$4.7M	$1.6M	10x	as long as short
BloFin AAVE-USDT	+0.0209%	8h	$3.7M	$5.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0223% / S −0.0375%	1h	$130K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0231%	1h	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0384%	1h	$792K	$3.2M	50x	as long as short