AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.348%

Price spread now: Deribit against 01 Exchange+0.144%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. Deribit is 0.144% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	145.60	−0.0008	get 0.0001% / 1h	24m 28s	$11K	$2K	5x
Short	Deribit AAVE_USDC-PERPETUAL	145.81	−0.0024	pay 0.0003% / 1h	24m 28s	$255K	$394K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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 01 ExchangebpFee DeribitbpOrdersPrice spread, now +0.144%Rate

Funding earned: −$3.36
Price spread: +0.144% → 0.000%: $14.42
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$2.94
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Deribit: live order book, 49 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Deribit live order book, 49 min ago	5.17 bp	8.7 bp −$9	doesn't fit	doesn't fit	doesn't fit

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
SoDEX AAVE-USD	−0.0058%	1h	145.82	+0.151%	$5K	$305K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	145.94	+0.234%	$5K	$99K	10x	as long as short
Deribit AAVE_USDC-PERPETUALshort	−0.0024%	1h	145.81	+0.144%	$255K	$394K	50x
01 Exchange AAVEUSDlong	−0.0008%	1h	145.60	long leg	$11K	$2K	5x
dYdX AAVE-USD	0.0000%	1h	145.62	+0.014%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.79	+0.130%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	145.90	+0.207%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.84	+0.165%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.934%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0041%	8h	145.74	+0.096%	$30.0M	$25.9M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0041%	8h	145.60	0.000%	$66.4M	$186.2M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.56	−0.028%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0053%	8h	145.79	+0.130%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0073%	8h	145.59	−0.007%	$7.9M	$15.9M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0074%	8h	145.58	−0.014%	$17.9M	$67.5M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.82	+0.154%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.88	+0.192%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.58	−0.011%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.54	−0.038%	$801K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.74	+0.096%	$80.4M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.66	+0.038%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.64	+0.024%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.59	−0.007%	$62.1M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.58	−0.014%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.07	+0.323%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.67	+0.048%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.55	−0.034%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.60	0.000%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.87	+0.185%	$347K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.07	+0.322%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.08	+0.328%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.03	+0.297%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.07	+0.323%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.64	+0.027%	$127K	$456K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.81	+0.147%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.13	+0.363%	$691K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.79	+0.130%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.51	−0.065%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.62	+0.015%	$185K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0161%	8h	145.77	+0.117%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.83	+0.158%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.01	+0.282%	$786K	$3.0M	50x	as long as short