AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h −0.058%

Price spread now: Kraken Futures against Bulk−0.212%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Kraken Futures is 0.212% cheaper against Bulk than usual: you would sell low and buy high (spread −0.212% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 4.2 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk AAVE-USD	144.07	0.0100	pay 0.0013% / 1h	9m 39s	$58K	$2K	10x
Short	Kraken Futures PF_AAVEUSD	143.77	0.0267	get 0.0033% / 1h	9m 39s	$3.5M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bulk. 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 BulkbpFee Kraken FuturesbpOrdersPrice spread, now −0.212%Rate

Funding earned: $35.15
Price spread: −0.212% → 0.000%: −$21.24
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$3.1
Costs to cover: 0.170%
Break-even: 7.6 days

Slippage unknown: Bulk: no order-book sample; Kraken Futures: live order book, 4 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 Bulk no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	4.86 bp	11.1 bp −$11	19.6 bp −$196	126.7 bp −$12.7K	doesn't fit

Bulk: 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
01 Exchange AAVEUSD	−0.0048%	1h	143.35	−0.503%	$10K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0028%	1h	143.64	−0.302%	$228K	$389K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.45	−0.435%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.80	−0.190%	$59K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.72	−0.245%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.938%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.65	−0.294%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	143.67	−0.281%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0053%	1h	143.79	−0.197%	$830K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	144.07	−0.003%	$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	143.56	−0.360%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.39	−0.475%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.55	−0.364%	$77.6M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.58	−0.340%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.40	−0.469%	$326K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.33	−0.515%	$64.1M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.40	−0.468%	$61.2M	$64.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.38	−0.482%	$17.2M	$63.2M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.39	−0.475%	$44K	$179K	10x	as long as short
Bulk AAVE-USDlong	+0.0100%	1h	144.07	long leg	$58K	$2K	10x
Gate AAVE_USDT	+0.0100%	8h	143.39	−0.475%	$7.8M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.36	−0.496%	$25.9M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.46	−0.426%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.36	−0.496%	$30.0M	$17.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.39	−0.475%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.66	−0.288%	$320K	$691K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	−0.290%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.82	−0.179%	$104K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.88	−0.133%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.90	−0.121%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.87	−0.142%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.84	−0.163%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.66	−0.288%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.80	−0.190%	$692K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.64	−0.302%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.32	−0.525%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.60	−0.332%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.42	−0.452%	$184K	$237K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.92	−0.107%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.72	−0.243%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSDshort	+0.0267%	1h	143.77	−0.212%	$3.5M	$2.1M	50x
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.93	−0.100%	$782K	$2.8M	50x	as long as short