AAVE

Alert

Funding spread now, next payment 15:00 UTC−1.9762%/8h

paid, last 24h−0.248%paid, last 3 days−0.310%to open and closeno order book

Long on Variational Omni Short on Deribit

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.310% in total (about -38.7% 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	Variational Omni AAVE	146.09	0.0018	pay 0.0018% / 8h	1h 51m	$3.8M	$1.2M	—
Short	Deribit AAVE_USDC-PERPETUAL	141.65	−1.9744	pay 0.2468% / 1h	51m 30s	$220K	$301K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee DeribitbpOrdersRate

Funding earned: −$4,149.96
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$4,156.96
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: live order book, 69 min ago. Net counts fees only.

Price risk

price view

Price gap now: −3.041%
Avg gap 7d: +0.033%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Variational Omni RFQ quote, 4 min ago	3.05 bp	doesn't fit	11.2 bp −$112	doesn't fit	doesn't fit
Sell Deribit live order book, 69 min ago	5.08 bp	8.6 bp −$9	13.6 bp −$136	doesn't fit	doesn't fit

AAVE on 40 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUALshort	−1.9744%	1h	$220K	$301K	50x
ApeX Omni AAVEUSDT	−0.0530%	1h	$134K	$242K	50x	as long as short
SoDEX AAVE-USD	−0.0172%	1h	$5K	$289K	10x	as long as short
OKX AAVE-USDT-SWAP	−0.0010%	8h	$17.9M	$63.6M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	$64K	$1.3M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	$69K	—	150x	as long as short
Variational Omni AAVElong	+0.0018%	8h	$3.8M	$1.2M	—
Injective AAVE/USDC PERP	+0.0033%	1h	$422	$197K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	—	—	20x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0046%	8h	$18K	$18K	10x	as long as short
Phoenix AAVE	+0.0082%	1h	$4K	$74K	10x	as long as short
Binance AAVEUSDT	+0.0088%	8h	$65.9M	$172.1M	75x	as long as short
MEXC AAVE_USDT	+0.0088%	8h	$25.8M	$22.9M	200x	as long as short
RISEx AAVE/USDC	+0.0091%	1h	$190K	$246K	10x	as long as short
KuCoin AAVEUSDTM	+0.0096%	8h	$9.9M	$8.2M	75x	as long as short
Phemex AAVEUSDT	+0.0098%	8h	$4.1M	$3.9M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	$13K	$3K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	$817K	$413K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	$81.3M	$23.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	$334K	$431K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	$59.9M	$58.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	$51K	$376K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	$59K	$20K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	$7.8M	$12.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	$29.5M	$15.6M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	—	$41.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	$307K	$500K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	$98K	$308K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	$133K	$616K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	$2K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	$734K	$4.4M	75x	as long as short
Lighter AAVE	+0.0104%	1h	$4.7M	$1.6M	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	$907K	$1.3M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	$122K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0209%	8h	$3.7M	$5.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0223% / S −0.0375%	1h	$130K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0231%	1h	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0384%	1h	$792K	$3.2M	50x	as long as short