AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.307%

Price spread now: Deribit against ApeX Omni−0.118%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.508%−$51 on $10k

Price spread, last 3 days (all we have)+0.182%+$18 · spread now −0.118%, 7d avg −0.028%

Together, before fees−0.326%−$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.089% cheaper against ApeX Omni than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	144.47	−0.0009	get 0.0001% / 1h	43m 01s	$134K	$230K	50x
Short	Deribit AAVE_USDC-PERPETUAL	144.30	0	get 0.0000% / 1h	43m 01s	$251K	$362K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.118%Rate

Funding earned: $1.92
Price spread: −0.118% → −0.028%: −$8.93
Slippage, 4 orders: −$32.71
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$56.73
Costs to cover: 0.497%
Break-even: 214.3 days

Slippage from ApeX Omni: live order book, 23 min ago; Deribit: live order book, 21 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, 23 min ago	7.22 bp	14.8 bp −$15	104.7 bp −$1,047	doesn't fit	doesn't fit
Sell Deribit live order book, 21 min ago	6.54 bp	10.1 bp −$10	15.3 bp −$153	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.41	−0.042%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	144.53	+0.042%	$11K	$2K	5x	as long as short
ApeX Omni AAVEUSDTlong	−0.0009%	1h	144.47	long leg	$134K	$230K	50x
dYdX AAVE-USD	0.0000%	1h	144.61	+0.099%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.59	+0.083%	$65K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUALshort	0.0000%	1h	144.30	−0.118%	$251K	$362K	50x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.41	−0.039%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.20	−0.187%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.198%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0043%	8h	144.27	−0.138%	$27.4M	$24.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.28	−0.132%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	−0.050%	—	—	20x	as long as short
Binance AAVEUSDT	+0.0044%	8h	144.10	−0.258%	$65.0M	$185.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	144.01	−0.318%	$17.5M	$65.9M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.33	−0.097%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.55	+0.053%	$185K	$232K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.52	+0.034%	$4.6M	$1.4M	10x	as long as short
Phemex AAVEUSDT	+0.0096%	8h	144.35	−0.083%	$4.1M	$3.8M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.59	+0.083%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.41	−0.042%	$803K	$429K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.30	−0.115%	$78.4M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.43	−0.025%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.54	+0.049%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.09	−0.263%	$61.7M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.52	+0.035%	$45K	$188K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.021%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.21	−0.180%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.30	−0.118%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.17	−0.208%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.19	−0.194%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.28	−0.132%	$324K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	−0.130%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	−0.065%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.19	−0.195%	$464K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.50	+0.021%	$125K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.52	+0.032%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.29	−0.125%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.44	−0.017%	$700K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.24	−0.156%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.042%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.46	−0.009%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.64	+0.118%	$778K	$2.8M	50x	as long as short