AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h −0.007%

Price spread now: Variational Omni against Orderly−0.117%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.117% cheaper against Orderly than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 7.0 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AAVE_USDC	144.91	0.0044	pay 0.0044% / 8h	6h 22m	$18K	$10K	10x
Short	Variational Omni AAVE	144.74	0.0100	get 0.0100% / 8h	6h 22m	$3.8M	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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 OrderlybpFee Variational OmnibpOrdersPrice spread, now −0.117%Rate

Funding earned: $11.72
Price spread: −0.117% → 0.000%: −$11.65
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.94
Costs to cover: 0.060%
Break-even: 10.5 days

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 2 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	3.07 bp	doesn't fit	14.1 bp −$141	doesn't fit	doesn't fit

Orderly: 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 41 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
01 Exchange AAVEUSD	−0.0048%	1h	144.94	+0.021%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.93	+0.014%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.93	+0.013%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.83	−0.055%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.86	−0.035%	$246K	$363K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.91	+0.002%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.65	−0.179%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.486%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.93	+0.015%	—	—	20x	as long as short
Orderly PERP_AAVE_USDClong	+0.0044%	8h	144.91	long leg	$18K	$10K	10x

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0061%	8h	144.86	−0.035%	$26.9M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0061%	8h	144.76	−0.104%	$65.4M	$184.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0077%	8h	144.61	−0.207%	$17.4M	$65.3M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	145.00	+0.065%	$201K	$230K	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.04	+0.087%	$4.7M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.92	+0.004%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.99	+0.054%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.96	+0.035%	$806K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.93	+0.014%	$78.5M	$35.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.90	−0.007%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.96	+0.038%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.67	−0.166%	$61.9M	$64.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.99	+0.055%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.323%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.83	−0.055%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.85	−0.041%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.78	−0.090%	$30.1M	$17.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.85	−0.041%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.91	0.000%	$323K	$746K	10x	as long as short
Variational Omni AAVEshort	+0.0100%	8h	144.74	−0.117%	$3.8M	$1.3M	—
edgeX AAVEUSDC	+0.0100%	4h	144.51	−0.274%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.84	−0.046%	$464K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.79	−0.083%	$135K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.01	+0.069%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.00	+0.059%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.84	−0.048%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.08	+0.120%	$703K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.83	−0.055%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.79	−0.082%	$922K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0242% / S −0.0372%	1h	144.92	+0.007%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.56	−0.242%	$775K	$2.8M	50x	as long as short