Funding you earn now, next payment 03:00 UTC−0.0691%/8h= −75.7% APRpaid last 24h −0.269%
Price spread now: Deribit against MEXC−0.077%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 7 days−0.414%−$41 on $10k
+Price spread, last 4 days (all we have)+0.597%+$60 · spread now −0.077%, 7d avg −0.027%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.050% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.414% in total (about -21.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AAVE_USDT | 142.76 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $25.7M | $23.7M | 200x |
| Short | Deribit AAVE_USDC-PERPETUAL | 142.65 | −0.0591 | pay 0.0074% / 1h | 4m 23s | $226K | $392K | 50x |
MEXC AAVE_USDT
Deribit AAVE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against MEXC. 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
- −$145.11
- Price spread: −0.077% → −0.027%
- −$5.02
- Slippage, 4 orders
- −$16.62
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$173.76
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Deribit: live order book, 55 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 MEXC live order book, 4 min ago | 0.35 bp | 1.5 bp −$2 | 5.3 bp −$53 | 30.5 bp −$3,051 | 107.3 bp −$53.6K |
| Sell Deribit live order book, 55 min ago | 6.58 bp | 10.1 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUALshort | −0.0591% | 1h | 142.65 | −0.077% | $226K | $392K | 50x | |
| 01 Exchange AAVEUSD | −0.0056% | 1h | 142.86 | +0.070% | $10K | $2K | 5x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 143.03 | +0.187% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.06 | +0.210% | $53K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.78 | +0.017% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.063% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.68 | −0.058% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0045% | 8h | 142.73 | −0.021% | $18K | $10K | 10x | as long as short |
| Nado AAVE-PERP | +0.0062% | 1h | 142.78 | +0.014% | $830K | $436K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 143.30 | +0.378% | $5K | $98K | 10x | as long as short |
01 Exchange AAVEUSD
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Nado AAVE-PERP
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAVE | +0.0096% | 1h | 143.10 | +0.235% | $4.6M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.87 | +0.078% | $13K | $4K | 20x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.83 | +0.049% | $77.2M | $35.0M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.91 | +0.107% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.98 | +0.153% | $325K | $434K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.71 | −0.035% | $63.9M | $183.0M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.72 | −0.028% | $61.0M | $64.9M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.72 | −0.028% | $17.1M | $63.1M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.87 | +0.077% | $44K | $179K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.99 | +0.163% | $58K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.71 | −0.035% | $7.8M | $15.3M | 75x | as long as short |
| MEXC AAVE_USDTlong | +0.0100% | 8h | 142.76 | long leg | $25.7M | $23.7M | 200x | |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.76 | 0.000% | $10.6M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.70 | −0.042% | $29.9M | $17.4M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 142.73 | −0.021% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.16 | +0.280% | $319K | $694K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.80 | +0.026% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.18 | +0.293% | $103K | $278K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.38 | +0.432% | $448K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.44 | +0.476% | $133K | $219K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.86 | +0.070% | $127K | $423K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.70 | −0.040% | $1K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.73 | −0.021% | $5K | $303K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.12 | +0.251% | $689K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 142.83 | +0.049% | $4.0M | $3.7M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.68 | −0.057% | $909K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.78 | +0.016% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0195% | 1h | 142.91 | +0.102% | $180K | $238K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.79 | +0.021% | $3.4M | $3.5M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0263% / S −0.0420% | 1h | 142.77 | +0.008% | $123K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0269% | 1h | 142.86 | +0.068% | $3.4M | $2.1M | 50x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0336% | 1h | 142.73 | −0.021% | $771K | $2.8M | 50x | as long as short |
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
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
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD
Coinbase International AAVE-PERP-INTX