Funding you earn now, next payment 04:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Phemex−0.117%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.117%, 7d avg −0.028%
=Together, before fees+0.048%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.089% cheaper against Phemex than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.028%). If the spread goes back, that is −$9 on $10k: about 27 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.018% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% 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 | Phemex AAVEUSDT | 146.33 | −0.0159 | get 0.0159% / 8h | 7h 27m | $4.2M | $3.8M | 50x |
| Short | edgeX AAVEUSDC | 146.16 | 0.0100 | get 0.0050% / 4h | 3h 27m | $105K | $316K | 20x |
Phemex AAVEUSDT
edgeX AAVEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- $54.43
- Price spread: −0.117% → −0.028%
- −$8.89
- Slippage, 4 orders
- −$22.26
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $2.28
- Costs to cover
- 0.433%
- Break-even
- 6.7 days
Slippage from Phemex: live order book, 2 min ago; edgeX: live order book, 46 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 Phemex live order book, 2 min ago | 3.07 bp | 13.2 bp −$13 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 3.76 bp | 8.4 bp −$8 | 11.7 bp −$117 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AAVEUSD | −0.0184% | 1h | 146.48 | +0.101% | $3.5M | $2.0M | 50x | as long as short |
| Phemex AAVEUSDTlong | −0.0159% | 8h | 146.33 | long leg | $4.2M | $3.8M | 50x | |
| 01 Exchange AAVEUSD | −0.0152% | 1h | 146.34 | +0.007% | $11K | $2K | 5x | as long as short |
| SoDEX AAVE-USD | −0.0102% | 1h | 146.33 | 0.000% | $5K | $305K | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0091% | 1h | 146.38 | +0.034% | $255K | $369K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 146.49 | +0.107% | $105K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 146.18 | −0.103% | $78K | $1.5M | 3.4x | as long as short |
| Phoenix AAVE | 0.0000% | 1h | 146.31 | −0.014% | $5K | $102K | 10x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 146.43 | +0.070% | $71K | — | 150x | as long as short |
| Gate AAVE_USDT | +0.0014% | 8h | 146.42 | +0.062% | $7.9M | $15.2M | 75x | as long as short |
Kraken Futures PF_AAVEUSD
01 Exchange AAVEUSD
SoDEX AAVE-USD
Deribit AAVE_USDC-PERPETUAL
dYdX AAVE-USD
Kalshi KXAAVEPERP
Phoenix AAVE
gTrade (Gains Network) AAVE/USD
Gate AAVE_USDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AAVE_USDT | +0.0019% | 8h | 146.37 | +0.027% | $29.1M | $25.8M | 200x | as long as short |
| Binance AAVEUSDT | +0.0020% | 8h | 146.43 | +0.068% | $66.4M | $183.7M | 75x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.403% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 146.33 | −0.002% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0046% | 8h | 146.32 | −0.007% | $18K | $10K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0062% | 8h | 146.37 | +0.027% | $18.0M | $66.6M | 50x | as long as short |
| ApeX Omni AAVEUSDT | +0.0071% | 1h | 146.16 | −0.116% | $136K | $231K | 50x | as long as short |
| BloFin AAVE-USDT | +0.0080% | 8h | 146.32 | −0.007% | $3.5M | $3.5M | 100x | as long as short |
| Bybit AAVEUSDT | +0.0080% | 8h | 146.37 | +0.027% | $62.7M | $65.0M | 75x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0087% | 8h | 146.23 | −0.072% | $460K | $3.8M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 146.37 | +0.027% | $124K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 146.56 | +0.156% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 146.30 | −0.023% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 146.32 | −0.003% | $800K | $423K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 146.52 | +0.130% | $79.9M | $35.3M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 146.42 | +0.065% | $1.4M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 146.33 | 0.000% | $334K | $502K | 10x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 146.33 | 0.000% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 146.36 | +0.018% | $61K | −$0 | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 146.38 | +0.034% | $10.2M | $8.8M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 146.39 | +0.041% | $30.4M | $17.9M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 146.40 | +0.048% | — | $6.5M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 146.48 | +0.103% | $334K | $737K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 146.16 | −0.115% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDCshort | +0.0100% | 4h | 146.16 | −0.117% | $105K | $316K | 20x | |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 146.42 | +0.062% | $127K | $426K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 146.35 | +0.016% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 146.46 | +0.087% | $712K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 146.30 | −0.022% | $937K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 146.36 | +0.024% | $185K | $246K | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0233% / S −0.0363% | 1h | 146.42 | +0.062% | $128K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 146.44 | +0.075% | $786K | $2.9M | 50x | as long as short |
MEXC AAVE_USDT
Binance AAVEUSDT
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
ApeX Omni AAVEUSDT
BloFin AAVE-USDT
Bybit AAVEUSDT
GRVT AAVE_USDT_Perp
Aevo AAVE-PERP
Lighter AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
Backpack AAVE_USDC_PERP
Variational Omni AAVE
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX