AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%

Price spread now: Aevo against dYdX−0.086%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$204as in the Funding arb table

Net, price: spread back to 7d avg − costs−$233as in the Price arb table

costs, in and out, $10k−$2242.244% of the position

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.202%+$20 on $10k

Price spread, last 3 days (all we have)+0.202%+$20 · spread now −0.086%, 7d avg −0.002%

Together, before fees+0.403%+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aevo is 0.084% cheaper against dYdX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.002%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	144.50	0	get 0.0000% / 1h	59m 27s	$103K	$4K	10x
Short	Aevo AAVE-PERP	144.37	0.0104	get 0.0013% / 1h	59m 27s	$122K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now −0.086%Rate

Funding earned: $21.84
Price spread: −0.086% → −0.002%: −$8.42
Slippage, 4 orders: −$198.44
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$211.02
Costs to cover: 2.244%
Break-even: 74.6 days

Slippage from dYdX: live order book, 4 min ago; Aevo: 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 dYdX live order book, 4 min ago	69.43 bp	74.4 bp −$74	74.4 bp −$744	74.4 bp −$7,443	74.4 bp −$37.2K
Sell Aevo live order book, 4 min ago	21.82 bp	35.9 bp −$36	189.2 bp −$1,892	doesn't fit	doesn't fit

AAVE on 41 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	−0.0072%	1h	144.46	−0.025%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.44	−0.041%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USDlong	0.0000%	1h	144.50	long leg	$103K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	144.31	−0.129%	$71K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.36	−0.095%	$245K	$370K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.40	−0.067%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.51	+0.009%	$5K	$89K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.216%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.35	−0.105%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.36	−0.095%	$18K	$10K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AAVE-USDT-SWAP	+0.0088%	8h	144.36	−0.095%	$17.3M	$63.9M	50x	as long as short
MEXC AAVE_USDT	+0.0090%	8h	144.40	−0.067%	$26.5M	$23.4M	200x	as long as short
Binance AAVEUSDT	+0.0091%	8h	144.47	−0.017%	$65.2M	$181.7M	75x	as long as short
Lighter AAVE	+0.0096%	1h	144.73	+0.161%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.51	+0.011%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.47	−0.019%	$804K	$414K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.52	+0.019%	$78.2M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.49	−0.003%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.56	+0.046%	$329K	$433K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.41	−0.060%	$61.8M	$63.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.53	+0.023%	$45K	$181K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.52	+0.016%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.54	+0.030%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.46	−0.025%	$30.1M	$17.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.52	+0.016%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.41	−0.060%	$323K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.37	−0.088%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.36	−0.092%	$104K	$319K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.47	−0.016%	$453K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.44	−0.039%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.43	−0.046%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.37	−0.086%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.33	−0.115%	$5K	$291K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.49	−0.002%	$699K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.36	−0.095%	$4.1M	$3.8M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	−0.299%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.45	−0.035%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERPshort	+0.0104%	1h	144.37	−0.086%	$122K	$146	10x
RISEx AAVE/USDC	+0.0195%	1h	144.54	+0.028%	$200K	$229K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0255% / S −0.0402%	1h	144.35	−0.103%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.53	+0.023%	$776K	$2.8M	50x	as long as short