AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.012%

Price spread now: 01 Exchange against Phoenix−0.481%52s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.481% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.481% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$48 on $10k: about 26 days of funding at the current rate (+$2 a day). The two prices were read 52 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	Phoenix AAVE	143.58	0.0033	pay 0.0004% / 1h	23m 58s	$4K	$106K	10x
Short	01 Exchange AAVEUSD	142.89	0.0096	get 0.0012% / 1h	23m 58s	$10K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. 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 PhoenixbpFee 01 ExchangebpOrdersPrice spread, now −0.481%Rate

Funding earned: $13.13
Price spread: −0.481% → 0.000%: −$48.06
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$48.93
Costs to cover: 0.140%
Break-even: 33.1 days

Slippage unknown: Phoenix: live order book, 21 min ago; 01 Exchange: no order-book sample. 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 Phoenix live order book, 21 min ago	0.69 bp	13.9 bp −$14	54.2 bp −$542	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
dYdX AAVE-USD	0.0000%	1h	142.88	−0.487%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.78	−0.557%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.70	−0.613%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.75	−0.575%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.611%	$422	$51K	12x	as long as short
Phoenix AAVElong	+0.0033%	1h	143.58	long leg	$4K	$106K	10x
Nado AAVE-PERP	+0.0035%	1h	142.74	−0.582%	$834K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.68	−0.624%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0057%	8h	142.69	−0.620%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0063%	8h	142.69	−0.620%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSDshort	+0.0096%	1h	142.89	−0.481%	$10K	$2K	5x
Paradex AAVE-USD-PERP	+0.0100%	8h	142.78	−0.557%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.63	−0.661%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.82	−0.526%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.54	−0.724%	$63.6M	$188.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.54	−0.724%	$61.3M	$67.8M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.53	−0.731%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.95	−0.439%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.57	−0.703%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.58	−0.696%	$25.4M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.70	−0.613%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.51	−0.745%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.59	−0.690%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.66	−0.641%	$335K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.92	−0.461%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	−0.447%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.34	−0.168%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.00	−0.404%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.84	−0.515%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.69	−0.617%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.67	−0.634%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.90	−0.476%	$684K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	−0.188%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.48	−0.769%	$901K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.73	−0.592%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.90	−0.470%	$185K	$251K	10x	as long as short
Lighter AAVE	+0.0152%	1h	142.81	−0.540%	$4.5M	$2.3M	10x	as long as short
Hyperliquid AAVE	+0.0190%	1h	142.72	−0.599%	$78.1M	$37.0M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.83	−0.522%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0248%	1h	142.78	−0.555%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.73	−0.591%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.070%	$788K	$2.8M	50x	as long as short