Funding you earn now, next payment 03:00 UTC−0.0409%/8h= −44.8% APRnext payment −$0.51 per $10,000 · paid last 24h −0.270%
Price spread now: Deribit against Injective+4.855%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Deribit is 4.855% dearer against Injective than usual: you sell high and buy low (spread +4.855% now, against zero (this spread has no 7-day history yet)): +$486 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 40 days. At the pace of the last 7 days (−0.337% in total) that is about 3 months. 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 | Injective AAVE/USDC PERP | 136.96 | 0.0033 | pay 0.0004% / 1h | 11m 34s | $422 | $51K | 12x |
| Short | Deribit AAVE_USDC-PERPETUAL | 143.61 | −0.0376 | pay 0.0047% / 1h | 11m 34s | $228K | $389K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$85.96
- Price spread: +4.855% → 0.000%
- $485.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $392.56
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 47 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 47 min ago | 6.58 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUALshort | −0.0376% | 1h | 143.61 | +4.855% | $228K | $389K | 50x | |
| 01 Exchange AAVEUSD | −0.0048% | 1h | 143.73 | +4.943% | $11K | $2K | 5x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 143.62 | +4.863% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.71 | +4.928% | $59K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.73 | +4.945% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERPlong | +0.0033% | 1h | 136.96 | long leg | $422 | $51K | 12x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.64 | +4.881% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0045% | 8h | 143.66 | +4.892% | $18K | $10K | 10x | as long as short |
| Nado AAVE-PERP | +0.0056% | 1h | 143.78 | +4.980% | $830K | $433K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 144.07 | +5.191% | $5K | $98K | 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 | 143.82 | +5.006% | $4.6M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.58 | +4.834% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 143.74 | +4.950% | $77.8M | $35.2M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.67 | +4.901% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.64 | +4.878% | $327K | $433K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 143.73 | +4.943% | $64.3M | $182.5M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.76 | +4.965% | $61.3M | $64.1M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.76 | +4.965% | $17.2M | $63.3M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.77 | +4.972% | $44K | $179K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.07 | +5.195% | $58K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.65 | +4.885% | $7.8M | $15.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.65 | +4.885% | $26.0M | $23.7M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.68 | +4.907% | $10.7M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.68 | +4.907% | $30.1M | $17.4M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 143.69 | +4.914% | — | $43.8M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.65 | +4.885% | $320K | $691K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.28 | +5.342% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.82 | +5.006% | $104K | $277K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.88 | +5.055% | $451K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.90 | +5.067% | $134K | $219K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.74 | +4.950% | $128K | $422K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.74 | +4.951% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 143.63 | +4.870% | $5K | $301K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.76 | +4.965% | $692K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.67 | +4.899% | $4.1M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.66 | +4.894% | $918K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 143.69 | +4.917% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0195% | 1h | 143.80 | +4.996% | $185K | $236K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 143.85 | +5.031% | $3.4M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0263% / S −0.0420% | 1h | 143.72 | +4.937% | $124K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0267% | 1h | 143.72 | +4.935% | $3.5M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 144.02 | +5.155% | $783K | $2.8M | 50x | as long as short |
Injective AAVE/USDC PERP
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Phoenix AAVE
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
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
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD
Coinbase International AAVE-PERP-INTX