Funding you earn now, next payment 07:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h +0.026%
Price spread now: Nado against Kraken Futures+0.001%7-day average −0.064% · 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−$35as in the Price arb table
costs, in and out, $10k−$410.410% of the position
Funding, last 3 days (all we have)+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.001%, 7d avg −0.064%
=Together, before fees−0.109%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.065% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.064%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 3 days funding on this pair paid +0.143%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AAVEUSD | 142.58 | 0.0316 | pay 0.0040% / 1h | 17m 17s | $3.4M | $2.1M | 50x |
| Short | Nado AAVE-PERP | 142.58 | 0.0064 | get 0.0008% / 1h | 17m 17s | $830K | $396K | 10x |
Kraken Futures PF_AAVEUSD
Nado AAVE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Kraken Futures. 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
- −$52.94
- Price spread: +0.001% → −0.064%
- $6.53
- Slippage, 4 orders
- −$24.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$87.44
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Nado: live order book, 26 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 Kraken Futures live order book, 2 min ago | 4.21 bp | 13.3 bp −$13 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Nado live order book, 26 min ago | 0.35 bp | 6.3 bp −$6 | 12.3 bp −$123 | 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-USD | 0.0000% | 1h | 142.69 | +0.074% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.58 | −0.002% | $51K | $1.4M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.45 | −0.093% | $216K | $398K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.59 | +0.003% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.944% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.43 | −0.106% | — | — | 20x | as long as short |
| Nado AAVE-PERPshort | +0.0064% | 1h | 142.58 | +0.001% | $830K | $396K | 10x | |
| Orderly PERP_AAVE_USDC | +0.0080% | 8h | 142.43 | −0.107% | $18K | $7K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 142.73 | +0.103% | $4K | $108K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 142.70 | +0.080% | $4.5M | $2.5M | 10x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Phoenix AAVE
Lighter AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.47 | −0.077% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.57 | −0.011% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.57 | −0.008% | $325K | $384K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.47 | −0.078% | $64.1M | $188.7M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.46 | −0.086% | $61.4M | $67.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.44 | −0.100% | $17.0M | $64.3M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.62 | +0.026% | $64K | $197K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.59 | +0.007% | $58K | −$0 | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.51 | −0.051% | $8.0M | $16.0M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.50 | −0.058% | $24.5M | $24.1M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.55 | −0.023% | $10.3M | $9.5M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.55 | −0.023% | $29.1M | $18.0M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 142.50 | −0.058% | — | $43.4M | — | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.49 | −0.065% | $3.7M | $1.2M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.59 | +0.004% | $107K | $283K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.68 | +0.068% | $453K | $3.8M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.60 | +0.012% | $133K | $222K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.56 | −0.016% | $141K | $472K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.48 | −0.071% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.46 | −0.086% | $5K | $285K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.68 | +0.066% | $675K | $5.3M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.54 | −0.030% | $4.0M | $3.6M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.41 | −0.125% | $905K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.49 | −0.069% | $120K | $146 | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0120% | 1h | 142.57 | −0.009% | $10K | $2K | 5x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0154% | 1h | 142.70 | +0.082% | $395K | $726K | 10x | as long as short |
| Hyperliquid AAVE | +0.0195% | 1h | 142.67 | +0.058% | $78.0M | $37.0M | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.60 | +0.012% | $3.3M | $3.6M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.57 | −0.007% | $111K | — | 100x | as long as short |
| RISEx AAVE/USDC | +0.0256% | 1h | 142.57 | −0.007% | $193K | $268K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 142.81 | +0.159% | $757K | $2.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSDlong | +0.0316% | 1h | 142.58 | long leg | $3.4M | $2.1M | 50x |
Paradex AAVE-USD-PERP
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
Aevo AAVE-PERP
01 Exchange AAVEUSD
Backpack AAVE_USDC_PERP
Hyperliquid AAVE
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX