AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%

Price spread now: Coinbase International against ApeX Omni0.000%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$510.508% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now 0.000%, 7d avg +0.067%

Together, before fees+0.232%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.067%). If the spread goes back, that is −$7 on $10k: about 27 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.159% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	143.40	0.0100	pay 0.0013% / 1h	54m 48s	$133K	$222K	50x
Short	Coinbase International AAVE-PERP-INTX	143.40	0.0296	get 0.0037% / 1h	54m 48s	$765K	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now 0.000%Rate

Funding earned: $41.16
Price spread: 0.000% → +0.067%: −$6.67
Slippage, 4 orders: −$30.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$16.31
Costs to cover: 0.508%
Break-even: 9.8 days

Slippage from ApeX Omni: live order book, 51 min ago; Coinbase International: live order book, 4 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 ApeX Omni live order book, 51 min ago	4.90 bp	13.6 bp −$14	106.2 bp −$1,062	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	4.17 bp	10.9 bp −$11	15.2 bp −$152	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	143.11	−0.199%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.27	−0.091%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.18	−0.153%	$218K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.21	−0.136%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.491%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.21	−0.134%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0058%	1h	143.28	−0.084%	$832K	$400K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0075%	8h	143.19	−0.146%	$18K	$10K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.04	−0.254%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.11	−0.202%	$1.2M	$1.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AAVE	+0.0100%	1h	143.10	−0.209%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.04	−0.248%	$64.4M	$191.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.06	−0.237%	$61.6M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.07	−0.230%	$17.1M	$65.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.18	−0.153%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.91	+0.356%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.15	−0.174%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.04	−0.251%	$25.2M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.14	−0.181%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.01	−0.272%	$29.2M	$18.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.14	−0.181%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.31	−0.063%	$339K	$727K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.26	−0.098%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.52	+0.085%	$107K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.33	−0.050%	$453K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDTlong	+0.0100%	1h	143.40	long leg	$133K	$222K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	143.31	−0.063%	$142K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.21	−0.135%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.16	−0.167%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.57	+0.121%	$681K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.31	−0.063%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.12	−0.197%	$911K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.20	−0.139%	$121K	$146	10x	as long as short
Phoenix AAVE	+0.0118%	1h	143.73	+0.230%	$4K	$108K	10x	as long as short
01 Exchange AAVEUSD	+0.0160%	1h	143.28	−0.084%	$10K	$2K	5x	as long as short
Lighter AAVE	+0.0192%	1h	143.26	−0.098%	$4.5M	$2.4M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.18	−0.153%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.19	−0.148%	$112K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	143.28	−0.087%	$196K	$263K	10x	as long as short
Hyperliquid AAVE	+0.0290%	1h	143.31	−0.063%	$78.3M	$37.2M	10x	as long as short
Coinbase International AAVE-PERP-INTXshort	+0.0296%	1h	143.40	0.000%	$765K	$2.9M	50x
Kraken Futures PF_AAVEUSD	+0.0315%	1h	143.25	−0.105%	$3.4M	$2.1M	50x	as long as short