AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h −0.053%

Price spread now: Kraken Futures against ApeX Omni+0.201%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)+0.266%+$27 · spread now +0.201%, 7d avg +0.022%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.179% dearer against ApeX Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.169%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	143.97	0.0100	pay 0.0013% / 1h	30m 26s	$134K	$220K	50x
Short	Kraken Futures PF_AAVEUSD	144.26	0.0266	get 0.0033% / 1h	30m 26s	$3.5M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.201%Rate

Funding earned: $34.95
Price spread: +0.201% → +0.022%: $17.9
Slippage, 4 orders: −$37.9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$5.05
Costs to cover: 0.579%
Break-even: 8.0 days

Slippage from ApeX Omni: live order book, 31 min ago; Kraken Futures: live order book, 3 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, 31 min ago	4.85 bp	13.0 bp −$13	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	7.64 bp	15.4 bp −$15	23.4 bp −$234	141.6 bp −$14.2K	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
01 Exchange AAVEUSD	−0.0064%	1h	144.03	+0.042%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.16	+0.132%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.96	−0.007%	$60K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.11	+0.097%	$228K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.07	+0.068%	$81K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.869%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.08	+0.076%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.97	+0.003%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0053%	1h	144.02	+0.033%	$833K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.92	−0.035%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	144.26	+0.199%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.05	+0.059%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.13	+0.111%	$78.0M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.19	+0.153%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.09	+0.087%	$328K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.08	+0.075%	$64.5M	$182.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.10	+0.090%	$61.6M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	144.00	+0.021%	$17.2M	$63.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.08	+0.076%	$45K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.90	−0.049%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.13	+0.111%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	144.04	+0.049%	$26.0M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.16	+0.132%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.99	+0.014%	$30.2M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.11	+0.097%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.27	+0.208%	$322K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.03	+0.039%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.90	−0.050%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.98	+0.009%	$453K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDTlong	+0.0100%	1h	143.97	long leg	$134K	$220K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	144.04	+0.049%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.06	+0.063%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.16	+0.132%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.27	+0.210%	$696K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.15	+0.125%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.02	+0.032%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	144.12	+0.106%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.11	+0.097%	$188K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.07	+0.069%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	144.08	+0.078%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSDshort	+0.0266%	1h	144.26	+0.201%	$3.5M	$2.1M	50x
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.28	+0.215%	$785K	$2.8M	50x	as long as short