AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.025%

Price spread now: Nado against dYdX−0.102%7-day average −0.036% · 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−$169as in the Price arb table

costs, in and out, $10k−$1621.624% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.102%, 7d avg −0.036%

Together, before fees+0.336%+ Points / potential airdropNado: Active · farm board+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.066% cheaper against dYdX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.036%). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	142.55	0	get 0.0000% / 1h	46m 18s	$102K	$4K	10x
Short	Nado AAVE-PERP	142.40	0.0050	get 0.0006% / 1h	46m 18s	$827K	$400K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.102%Rate

Funding earned: $10.4
Price spread: −0.102% → −0.036%: −$6.62
Slippage, 4 orders: −$145.39
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$158.61
Costs to cover: 1.624%
Break-even: 113.7 days

Slippage from dYdX: live order book, 63 min ago; Nado: live order book, 62 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, 63 min ago	69.02 bp	74.0 bp −$74	74.0 bp −$740	74.0 bp −$7,402	74.0 bp −$37.0K
Sell Nado live order book, 62 min ago	1.05 bp	6.7 bp −$7	13.4 bp −$134	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
dYdX AAVE-USDlong	0.0000%	1h	142.55	long leg	$102K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	142.86	+0.217%	$49K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.41	−0.099%	$217K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.40	−0.106%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.922%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.34	−0.146%	—	—	20x	as long as short
Nado AAVE-PERPshort	+0.0050%	1h	142.40	−0.102%	$827K	$400K	10x
ApeX Omni AAVEUSDT	+0.0073%	1h	142.87	+0.224%	$133K	$223K	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0077%	8h	142.43	−0.085%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.30	+0.526%	$4K	$108K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	142.68	+0.088%	$4.5M	$2.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.48	−0.051%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.42	−0.094%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.55	−0.002%	$325K	$449K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.39	−0.113%	$64.1M	$192.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.40	−0.106%	$61.2M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.40	−0.106%	$17.0M	$65.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.49	−0.043%	$63K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.233%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.39	−0.113%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.39	−0.113%	$25.0M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.39	−0.113%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.39	−0.113%	$29.1M	$18.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.36	−0.134%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.75	+0.140%	$335K	$723K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.91	+0.253%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.92	+0.257%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.83	+0.198%	$452K	$3.9M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.42	−0.092%	$141K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.50	−0.038%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.66	+0.077%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.02	+0.330%	$679K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.68	+0.091%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.38	−0.118%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.45	−0.073%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	142.44	−0.078%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0217%	1h	142.50	−0.036%	$77.9M	$37.2M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.65	+0.070%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.38	−0.120%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.44	−0.080%	$195K	$262K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.62	+0.049%	$756K	$2.9M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.48	−0.052%	$3.4M	$2.1M	50x	as long as short