Funding you earn now, next payment 22:00 UTC−0.0239%/8h= −26.2% APRpaid last 24h −0.045%
Price spread now: SoDEX against BingX+0.105%55s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.215% of the position
Funding, last 3 days (all we have)−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.173%+$17 · spread now +0.105%, 7d avg −0.006%
=The price spread pays, funding is against you. SoDEX is 0.111% dearer against BingX than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.006%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 3 days (−0.068% in total) that is about 5.0 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.068% in total (about -8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AAVE-USDT | 143.17 | 0.0100 | pay 0.0100% / 8h | 2h 04m | — | $44.0M | — |
| Short | SoDEX AAVE-USD | 143.32 | −0.0139 | pay 0.0017% / 1h | 4m 26s | $5K | $299K | 10x |
BingX AAVE-USDT
SoDEX AAVE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against BingX. 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
- −$50.24
- Price spread: +0.105% → −0.006%
- $11.09
- Slippage, 4 orders
- −$3.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$60.61
- Costs to cover
- 0.215%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; SoDEX: live order book, 19 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 BingX live order book, 4 min ago | 0.69 bp | 5.7 bp −$6 | 8.6 bp −$86 | 23.6 bp −$2,362 | 62.9 bp −$31.4K |
| Sell SoDEX live order book, 19 min ago | 0.35 bp | 5.1 bp −$5 | 10.0 bp −$100 | 96.4 bp −$9,638 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUAL | −0.0377% | 1h | 143.37 | +0.140% | $252K | $489K | 50x | as long as short |
| SoDEX AAVE-USDshort | −0.0139% | 1h | 143.32 | +0.105% | $5K | $299K | 10x | |
| 01 Exchange AAVEUSD | −0.0104% | 1h | 143.14 | −0.021% | $10K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.10 | +0.650% | $5K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 143.32 | +0.106% | $102K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 143.75 | +0.405% | $70K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 143.25 | +0.059% | $69K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 143.45 | +0.198% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.338% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.13 | −0.025% | — | — | 20x | as long as short |
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
Phoenix AAVE
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERP
Reya AAVERUSDPERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0046% | 8h | 143.12 | −0.033% | $65.2M | $185.2M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0046% | 8h | 143.14 | −0.021% | $30.7M | $26.5M | 200x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0050% | 8h | 143.34 | +0.119% | $18K | $12K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0053% | 8h | 143.16 | −0.007% | $17.3M | $65.7M | 50x | as long as short |
| Gate AAVE_USDT | +0.0061% | 8h | 143.18 | +0.007% | $7.7M | $16.0M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0062% | 1h | 143.74 | +0.398% | $134K | $229K | 50x | as long as short |
| Bulk AAVE-USD | +0.0073% | 1h | 143.97 | +0.562% | $60K | $3K | 10x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0092% | 8h | 144.07 | +0.629% | $450K | $3.9M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 143.44 | +0.191% | $4.6M | $1.7M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 143.36 | +0.136% | $121K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 143.24 | +0.052% | $178K | $247K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.29 | +0.085% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 143.22 | +0.038% | $795K | $436K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 143.22 | +0.035% | $78.7M | $33.7M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 143.27 | +0.068% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.25 | +0.059% | $326K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.17 | 0.000% | $60.9M | $65.4M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.21 | +0.028% | $50K | $274K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.19 | +0.014% | $9.9M | $8.7M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.11 | −0.042% | $29.8M | $18.2M | 75x | as long as short |
| BingX AAVE-USDTlong | +0.0100% | 8h | 143.17 | long leg | — | $44.0M | — | |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.45 | +0.196% | $379K | $709K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 143.38 | +0.146% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.06 | +0.622% | $101K | $314K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 143.24 | +0.049% | $125K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.32 | +0.108% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.67 | +0.351% | $715K | $4.9M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.49 | +0.224% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.13 | −0.025% | $919K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0166% | 8h | 143.30 | +0.091% | $3.4M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 143.66 | +0.342% | $770K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0267% / S −0.0438% | 1h | 143.26 | +0.061% | $123K | — | 100x | as long as short |
Binance AAVEUSDT
MEXC AAVE_USDT
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
ApeX Omni AAVEUSDT
Bulk AAVE-USD
GRVT AAVE_USDT_Perp
Lighter AAVE
Aevo AAVE-PERP
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]