AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.297%

Price spread now: RISEx against Deribit+0.069%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$4,980as in the Price arb table

costs, in and out, $10k−$4,98549.851% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.342%+$34 on $10k

Price spread, last 3 days (all we have)−0.496%−$50 · spread now +0.069%, 7d avg +0.018%

Together, before fees−0.154%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.051% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AAVE_USDC-PERPETUAL	147.99	0	get 0.0000% / 1h	31m 39s	$215K	$379K	50x
Short	RISEx AAVE/USDC	148.09	0.0090	get 0.0011% / 1h	31m 39s	$187K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.069%Rate

Funding earned: $18.87
Price spread: +0.069% → +0.018%: $5.06
Slippage, 4 orders: −$4,972.07
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$4,961.14
Costs to cover: 49.851%
Break-even: 1847.5 days

Slippage from Deribit: live order book, 17 min ago; RISEx: live order book, 17 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 Deribit live order book, 17 min ago	6.85 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 17 min ago	1.23 bp	4.2 bp −$4	8.7 bp −$87	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
SoDEX AAVE-USD	−0.0111%	1h	147.93	−0.041%	$5K	$299K	10x	as long as short
Kraken Futures PF_AAVEUSD	−0.0060%	1h	148.08	+0.062%	$3.5M	$2.0M	50x	as long as short
Phoenix AAVE	−0.0039%	1h	147.49	−0.338%	$4K	$95K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	147.93	−0.039%	$106K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	147.87	−0.081%	$76K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUALlong	0.0000%	1h	147.99	long leg	$215K	$379K	50x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	147.93	−0.039%	$72K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−7.453%	$422	$51K	12x	as long as short
OKX AAVE-USDT-SWAP	+0.0035%	8h	148.14	+0.101%	$18.5M	$66.3M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	147.82	−0.118%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0059%	1h	148.00	+0.007%	$834K	$437K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0065%	8h	147.91	−0.054%	$18K	$12K	10x	as long as short
MEXC AAVE_USDT	+0.0085%	8h	147.88	−0.074%	$33.3M	$25.1M	200x	as long as short
Binance AAVEUSDT	+0.0086%	8h	148.07	+0.054%	$67.1M	$176.5M	75x	as long as short
01 Exchange AAVEUSD	+0.0088%	1h	148.16	+0.115%	$11K	$2K	5x	as long as short
RISEx AAVE/USDCshort	+0.0090%	1h	148.09	+0.069%	$187K	$241K	10x
Variational Omni AAVE	+0.0091%	8h	147.15	−0.569%	$3.8M	$1.3M	—	as long as short
Lighter AAVE	+0.0096%	1h	148.07	+0.054%	$4.8M	$1.7M	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0098%	8h	147.38	−0.412%	$464K	$3.9M	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	147.72	−0.182%	$62K	$3K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	147.87	−0.078%	$14K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	148.05	+0.043%	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	147.93	−0.042%	$346K	$484K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	148.14	+0.101%	$62.7M	$63.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	148.06	+0.047%	$52K	$337K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	148.02	+0.020%	$7.9M	$14.8M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	147.85	−0.095%	$10.4M	$8.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	148.07	+0.054%	$30.6M	$17.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	148.02	+0.020%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	148.09	+0.068%	$351K	$595K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	147.36	−0.429%	$100K	$311K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	147.30	−0.466%	$137K	$235K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	147.92	−0.047%	$131K	$466K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	147.91	−0.054%	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	148.40	+0.276%	$755K	$4.8M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	147.97	−0.014%	$4.2M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	147.99	+0.003%	$956K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	148.07	+0.057%	$125K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0205%	8h	147.68	−0.209%	$3.6M	$5.4M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0208%	1h	148.07	+0.054%	$802K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0451%	1h	147.94	−0.031%	$130K	—	100x	as long as short
Hyperliquid AAVE	+0.0550%	1h	148.17	+0.122%	$84.6M	$30.5M	10x	as long as short