AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.028%

Price spread now: Aevo against dYdX+0.215%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$260as in the Funding arb table

Net, price: spread back to 7d avg − costs−$258as in the Price arb table

costs, in and out, $10k−$2802.798% of the position

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 3 days (all we have)−0.099%−$10 · spread now +0.215%, 7d avg −0.002%

Together, before fees+0.102%+$10 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 Aevo is 0.217% dearer against dYdX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	144.20	0	get 0.0000% / 1h	44m 20s	$103K	$4K	10x
Short	Aevo AAVE-PERP	144.50	0.0088	get 0.0011% / 1h	44m 20s	$122K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now +0.215%Rate

Funding earned: $18.48
Price spread: +0.215% → −0.002%: $21.68
Slippage, 4 orders: −$253.77
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$239.61
Costs to cover: 2.798%
Break-even: 97.8 days

Slippage from dYdX: live order book, 24 min ago; Aevo: 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 dYdX live order book, 24 min ago	67.94 bp	113.3 bp −$113	114.3 bp −$1,143	307.1 bp −$30.7K	783.6 bp −$391.8K
Sell Aevo live order book, 24 min ago	29.39 bp	45.7 bp −$46	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.60	+0.280%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	144.22	+0.017%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0027%	1h	144.43	+0.163%	$251K	$362K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0009%	1h	144.47	+0.190%	$134K	$230K	50x	as long as short
dYdX AAVE-USDlong	0.0000%	1h	144.20	long leg	$103K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	144.11	−0.059%	$65K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.43	+0.159%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.68	+0.336%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.018%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0041%	8h	144.22	+0.017%	$27.4M	$24.7M	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	+0.0043%	8h	144.41	+0.148%	$65.2M	$185.1M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.45	+0.176%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.16	−0.023%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	144.45	+0.176%	$17.5M	$66.0M	50x	as long as short
Aevo AAVE-PERPshort	+0.0088%	1h	144.50	+0.215%	$122K	$146	10x
RISEx AAVE/USDC	+0.0089%	1h	144.23	+0.026%	$185K	$232K	10x	as long as short
Gate AAVE_USDT	+0.0094%	8h	144.32	+0.086%	$7.8M	$15.0M	75x	as long as short
Lighter AAVE	+0.0096%	1h	144.29	+0.068%	$4.6M	$1.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.14	−0.036%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.16	−0.021%	$801K	$430K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.33	+0.093%	$78.4M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.17	−0.016%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.17	−0.020%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.44	+0.170%	$61.9M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.21	+0.010%	$45K	$188K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	+0.169%	$58K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.29	+0.065%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.45	+0.176%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.42	+0.156%	—	$44.2M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.20	+0.003%	$324K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	+0.060%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	+0.125%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.54	+0.241%	$456K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.25	+0.038%	$125K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.42	+0.154%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.49	+0.204%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.28	+0.056%	$700K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.16	−0.025%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.46	+0.182%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.232%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.31	+0.080%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.55	+0.246%	$775K	$2.8M	50x	as long as short