AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Extended against dYdX+0.080%7-day average −0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$151as in the Price arb table

costs, in and out, $10k−$1661.658% of the position

Long on dYdX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.080%, 7d avg −0.072%

Together, before fees−0.003%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.152% dearer against dYdX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	141.10	0	get 0.0000% / 1h	38m 01s	$102K	$6K	10x
Short	Extended AAVE-USD	141.21	0.0104	get 0.0013% / 1h	38m 01s	$907K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.080%Rate

Funding earned: $21.84
Price spread: +0.080% → −0.072%: $15.18
Slippage, 4 orders: −$150.82
Fee dYdX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$128.8
Costs to cover: 1.658%
Break-even: 48.3 days

Slippage from dYdX: live order book, 61 min ago; Extended: live order book, 5 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, 61 min ago	65.21 bp	70.2 bp −$70	70.2 bp −$702	70.2 bp −$7,021	71.3 bp −$35.7K
Sell Extended live order book, 5 min ago	1.77 bp	5.6 bp −$6	19.3 bp −$193	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
Deribit AAVE_USDC-PERPETUAL	−0.0033%	1h	141.21	+0.081%	$213K	$392K	50x	as long as short
dYdX AAVE-USDlong	0.0000%	1h	141.10	long leg	$102K	$6K	10x
Kalshi KXAAVEPERP	0.0000%	8h	141.11	+0.010%	$52K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.22	+0.088%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.931%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.17	+0.054%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0088%	8h	141.16	+0.045%	$17K	$8K	10x	as long as short
01 Exchange AAVEUSD	+0.0096%	1h	141.26	+0.116%	$10K	$2K	5x	as long as short
Phoenix AAVE	+0.0096%	1h	141.54	+0.315%	$4K	$99K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.04	−0.042%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado AAVE-PERP	+0.0100%	1h	141.07	−0.018%	$825K	$402K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.39	+0.208%	$77.2M	$37.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.27	+0.125%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.10	+0.004%	$329K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.27	+0.124%	$63.5M	$191.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.25	+0.109%	$60.9M	$69.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.25	+0.109%	$16.6M	$64.9M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.29	+0.137%	$94K	$224K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.17	+0.050%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.24	+0.102%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.23	+0.095%	$22.8M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.25	+0.109%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.27	+0.123%	$28.7M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.23	+0.095%	—	$43.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.16	+0.047%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.25	+0.106%	$109K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.42	+0.230%	$452K	$3.5M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.33	+0.166%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.28	+0.130%	$134K	$474K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.19	+0.069%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.20	+0.074%	$5K	$299K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.44	+0.242%	$665K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.18	+0.060%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	141.21	+0.080%	$907K	$1.8M	50x
Aevo AAVE-PERP	+0.0104%	1h	141.22	+0.086%	$119K	$146	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0174%	1h	141.41	+0.223%	$385K	$732K	10x	as long as short
Lighter AAVE	+0.0184%	1h	141.42	+0.228%	$4.5M	$2.5M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0216%	1h	141.22	+0.088%	$753K	$2.7M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.12	+0.017%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0223%	1h	141.23	+0.093%	$171K	$299K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0249%	1h	141.30	+0.142%	$3.4M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	141.22	+0.085%	$110K	—	100x	as long as short