AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.054%

Price spread now: Coinbase International against RISEx−0.132%7-day average +0.068% · 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−$56as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.123%+$12 on $10k

Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.132%, 7d avg +0.068%

Together, before fees+0.281%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.200% cheaper against RISEx than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of +0.068%). If the spread goes back, that is −$20 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.123% in total) that is about 6.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	142.42	0.0256	pay 0.0032% / 1h	27m 23s	$192K	$263K	10x
Short	Coinbase International AAVE-PERP-INTX	142.23	0.0296	get 0.0037% / 1h	27m 23s	$754K	$2.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.132%Rate

Funding earned: $8.44
Price spread: −0.132% → +0.068%: −$20.01
Slippage, 4 orders: −$19.6
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$47.18
Costs to cover: 0.356%
Break-even: 46.2 days

Slippage from RISEx: live order book, 16 min ago; Coinbase International: live order book, 1 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, 16 min ago	1.54 bp	4.5 bp −$5	8.3 bp −$83	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	5.63 bp	13.9 bp −$14	16.6 bp −$166	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
dYdX AAVE-USD	0.0000%	1h	142.29	−0.091%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.02	−0.279%	$51K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.37	−0.033%	$217K	$397K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.07	−0.245%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.832%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.06	−0.249%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0053%	1h	142.23	−0.132%	$826K	$389K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0079%	8h	142.38	−0.026%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.30	−0.083%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.44	+0.013%	$4.5M	$2.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.27	−0.101%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.41	−0.002%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.33	−0.059%	$325K	$385K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.38	−0.025%	$64.0M	$189.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.34	−0.054%	$61.3M	$67.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.36	−0.040%	$17.0M	$64.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.38	−0.026%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.07	−0.240%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.38	−0.026%	$8.0M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.39	−0.019%	$24.7M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.37	−0.033%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.37	−0.033%	$29.1M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.36	−0.040%	—	$43.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.22	−0.139%	$374K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.15	−0.188%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.15	−0.185%	$107K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.24	−0.123%	$447K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.18	−0.167%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.42	+0.002%	$141K	$472K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.37	−0.034%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.36	−0.040%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.13	−0.202%	$673K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.04	−0.265%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.32	−0.066%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.42	0.000%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.34	−0.054%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0181%	1h	142.54	+0.086%	$77.9M	$37.1M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.06	−0.251%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.10	−0.221%	$111K	—	100x	as long as short
RISEx AAVE/USDClong	+0.0256%	1h	142.42	long leg	$192K	$263K	10x
Coinbase International AAVE-PERP-INTXshort	+0.0296%	1h	142.23	−0.132%	$754K	$2.8M	50x
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.45	+0.021%	$3.4M	$2.1M	50x	as long as short