AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.001%

Price spread now: Bulk against RISEx−0.011%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$170.171% of the position

Long on RISEx Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.036%+$4 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.011%, 7d avg +0.007%

Together, before fees+0.096%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	141.20	0.0245	pay 0.0031% / 1h	17m 00s	$189K	$292K	10x
Short	Bulk AAVE-USD	141.18	0.0100	get 0.0013% / 1h	17m 00s	$163K	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against RISEx. 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 RISExbpFee BulkbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$30.5
Price spread: −0.011% → +0.007%: −$1.81
Slippage, 4 orders: −$4.15
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$49.46
Costs to cover: 0.171%
Break-even: never at this rate

Slippage from RISEx: live order book, 21 min ago; Bulk: live order book, 52 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 RISEx live order book, 21 min ago	1.06 bp	4.1 bp −$4	8.9 bp −$89	doesn't fit	doesn't fit
Sell Bulk live order book, 52 min ago	0.35 bp	5.2 bp −$5	8.5 bp −$85	27.1 bp −$2,711	61.6 bp −$30.8K

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	141.19	−0.003%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.15	−0.032%	$45K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	141.22	+0.017%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.20	0.000%	$78K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.000%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.12	−0.055%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0083%	8h	141.18	−0.011%	$17K	$8K	10x	as long as short
Lighter AAVE	+0.0096%	1h	141.38	+0.131%	$4.5M	$2.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.14	−0.038%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.14	−0.039%	$826K	$399K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	141.37	+0.123%	$77.2M	$37.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.26	+0.044%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.19	−0.007%	$328K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.25	+0.037%	$63.4M	$192.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.20	+0.003%	$60.7M	$69.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.25	+0.039%	$16.6M	$64.8M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.27	+0.053%	$91K	$221K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.24	+0.032%	$8.0M	$16.6M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.24	+0.032%	$22.6M	$24.3M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.21	+0.010%	$10.3M	$9.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.23	+0.024%	$28.7M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.22	+0.017%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	140.89	−0.216%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.10	−0.069%	$108K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.19	−0.002%	$445K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.19	−0.004%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.22	+0.017%	$133K	$483K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.13	−0.049%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.21	+0.010%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.35	+0.107%	$667K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.21	+0.010%	$3.9M	$3.6M	50x	as long as short
Bulk AAVE-USDshort	+0.0100%	1h	141.18	−0.011%	$163K	$106K	10x
Extended AAVE-USD	+0.0104%	1h	141.16	−0.026%	$909K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	141.19	−0.004%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.23	+0.027%	$119K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	141.19	−0.004%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.21	+0.010%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDClong	+0.0245%	1h	141.20	long leg	$189K	$292K	10x
Backpack AAVE_USDC_PERP	+0.0251%	1h	141.36	+0.117%	$384K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.19	−0.003%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.28	+0.060%	$752K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0271%	1h	141.30	+0.076%	$3.4M	$2.1M	50x	as long as short