Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.276%
Price spread now: Injective against Deribit−2.865%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.349%+$35 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 2.865% cheaper against Deribit than usual: you would sell low and buy high (spread −2.865% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$287 on $10k: about 10 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.349% in total) that is about 57 days. The two prices were read 63 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 | Deribit AAVE_USDC-PERPETUAL | 141.00 | 0 | get 0.0000% / 1h | 22m 16s | $213K | $392K | 50x |
| Short | Injective AAVE/USDC PERP | 136.96 | 0.0033 | get 0.0004% / 1h | 22m 16s | $422 | $51K | 12x |
Deribit AAVE_USDC-PERPETUAL
Injective AAVE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- $7
- Price spread: −2.865% → 0.000%
- −$286.52
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$286.54
- Costs to cover
- 0.070%
- Break-even
- 293.5 days
Slippage unknown: Deribit: live order book, 12 min ago; Injective: no order-book sample. Net counts fees only.
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, 12 min ago | 4.60 bp | 8.1 bp −$8 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX AAVE-USD | 0.0000% | 1h | 141.09 | +0.067% | $101K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 140.97 | −0.021% | $45K | $1.4M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUALlong | 0.0000% | 1h | 141.00 | long leg | $213K | $392K | 50x | |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.01 | +0.009% | $78K | — | 150x | as long as short |
| Injective AAVE/USDC PERPshort | +0.0033% | 1h | 136.96 | −2.865% | $422 | $51K | 12x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 140.94 | −0.041% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0082% | 8h | 140.96 | −0.028% | $17K | $8K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 141.25 | +0.179% | $4.5M | $2.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.01 | +0.004% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 140.97 | −0.025% | $823K | $397K | 10x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid AAVE | +0.0100% | 1h | 141.12 | +0.087% | $77.0M | $37.1M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.04 | +0.029% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 141.10 | +0.072% | $328K | $391K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 140.98 | −0.014% | $63.1M | $191.6M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 140.96 | −0.028% | $60.6M | $69.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 140.96 | −0.028% | $16.6M | $64.7M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 141.13 | +0.092% | $91K | $221K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.09 | +0.063% | $163K | $106K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.01 | +0.007% | $8.0M | $16.5M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 140.99 | −0.007% | $22.9M | $24.3M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.01 | +0.007% | $10.2M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 140.95 | −0.035% | $28.6M | $18.0M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 140.98 | −0.014% | — | $43.6M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 140.88 | −0.086% | $3.7M | $1.2M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 140.91 | −0.062% | $108K | $282K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 140.94 | −0.040% | $443K | $3.6M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 140.98 | −0.014% | $131K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 141.04 | +0.028% | $133K | $483K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 140.99 | −0.009% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 140.98 | −0.014% | $5K | $297K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 141.09 | +0.067% | $666K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 141.03 | +0.021% | $3.9M | $3.6M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 140.93 | −0.048% | $910K | $1.8M | 50x | as long as short |
| 01 Exchange AAVEUSD | +0.0104% | 1h | 141.05 | +0.035% | $10K | $2K | 5x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.01 | +0.005% | $119K | $146 | 10x | as long as short |
| Phoenix AAVE | +0.0152% | 1h | 141.01 | +0.007% | $5K | $98K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 140.96 | −0.028% | $3.3M | $3.5M | 100x | as long as short |
| RISEx AAVE/USDC | +0.0245% | 1h | 141.05 | +0.032% | $188K | $292K | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0249% | 1h | 141.15 | +0.106% | $384K | $732K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0360% | 1h | 141.00 | +0.001% | $110K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0256% | 1h | 141.15 | +0.106% | $751K | $2.7M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0272% | 1h | 141.04 | +0.030% | $3.4M | $2.1M | 50x | as long as short |
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
01 Exchange AAVEUSD
Aevo AAVE-PERP
Phoenix AAVE
BloFin AAVE-USDT
RISEx AAVE/USDC
Backpack AAVE_USDC_PERP
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX
Kraken Futures PF_AAVEUSD