Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.009%
Price spread now: Injective against Variational Omni−4.478%91s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.478% cheaper against Variational Omni than usual: you would sell low and buy high (−$448 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 91 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 | Variational Omni AAVE | 143.38 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $3.7M | $1.3M | — |
| Short | Injective AAVE/USDC PERP | 136.96 | 0.0033 | get 0.0004% / 1h | 53m 45s | $422 | $51K | 12x |
Variational Omni AAVE
Injective AAVE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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
- −$14
- Price spread: −4.478% → 0.000%
- −$447.76
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$461.78
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Injective: 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 Variational Omni RFQ quote, just now | 3.07 bp | doesn't fit | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 143.66 | +0.196% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.53 | +0.105% | $54K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 143.53 | +0.105% | $219K | $402K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.59 | +0.144% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERPshort | +0.0033% | 1h | 136.96 | −4.478% | $422 | $51K | 12x | |
| Nado AAVE-PERP | +0.0033% | 1h | 143.66 | +0.195% | $845K | $398K | 10x | as long as short |
| Phemex AAVEUSDT | +0.0034% | 8h | 143.55 | +0.119% | $4.0M | $3.7M | 50x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.54 | +0.109% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0050% | 8h | 143.53 | +0.105% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0056% | 1h | 143.71 | +0.230% | $4K | $106K | 10x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Nado AAVE-PERP
Phemex AAVEUSDT
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AAVE | +0.0096% | 1h | 143.86 | +0.334% | $4.6M | $2.1M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.91 | +0.373% | $13K | $4K | 20x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.68 | +0.212% | $1.2M | $1.3M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.97 | +0.411% | $329K | $447K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 143.77 | +0.271% | $64.3M | $187.9M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.75 | +0.258% | $61.8M | $67.7M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.78 | +0.279% | $17.2M | $64.7M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.95 | +0.398% | $64K | $200K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 143.81 | +0.300% | $58K | $2K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.65 | +0.188% | $8.1M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.62 | +0.167% | $25.0M | $23.7M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.67 | +0.202% | $10.6M | $9.3M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.65 | +0.188% | $29.3M | $18.3M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 143.70 | +0.223% | — | $6.5M | — | as long as short |
| Variational Omni AAVElong | +0.0100% | 8h | 143.38 | long leg | $3.7M | $1.3M | — | |
| edgeX AAVEUSDC | +0.0100% | 4h | 143.58 | +0.139% | $103K | $278K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 143.54 | +0.110% | $462K | $3.7M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 143.60 | +0.154% | $133K | $220K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.77 | +0.272% | $127K | $439K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.51 | +0.088% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 143.50 | +0.084% | $5K | $312K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.91 | +0.370% | $692K | $5.2M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.58 | +0.139% | $911K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 143.56 | +0.124% | $121K | $146 | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0120% | 1h | 143.84 | +0.321% | $11K | $2K | 5x | as long as short |
| RISEx AAVE/USDC | +0.0132% | 1h | 143.87 | +0.344% | $185K | $250K | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0179% | 1h | 143.60 | +0.154% | $337K | $720K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 143.95 | +0.398% | $3.3M | $3.6M | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0247% | 1h | 143.61 | +0.160% | $3.5M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 143.58 | +0.139% | $112K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0360% | 1h | 144.18 | +0.558% | $791K | $2.8M | 50x | as long as short |
| Hyperliquid AAVE | +0.0391% | 1h | 143.92 | +0.377% | $79.1M | $36.7M | 10x | as long as short |
Lighter AAVE
Paradex AAVE-USD-PERP
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Extended AAVE-USD
Aevo AAVE-PERP
01 Exchange AAVEUSD
RISEx AAVE/USDC
Backpack AAVE_USDC_PERP
BloFin AAVE-USDT
Kraken Futures PF_AAVEUSD
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX
Hyperliquid AAVE