AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%

Price spread now: Nado against dYdX−0.106%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$172as in the Price arb table

costs, in and out, $10k−$1651.648% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.094%+$9 on $10k

Price spread, last 4 days (all we have)+0.850%+$85 · spread now −0.106%, 7d avg −0.037%

Together, before fees+0.943%+ Points / potential airdropNado: Active · farm board+$94 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.069% cheaper against dYdX than usual: you would sell low and buy high (spread −0.106% now, against its 7-day average of −0.037%). If the spread goes back, that is −$7 on $10k: about 2.3 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	144.11	0	get 0.0000% / 1h	55m 00s	$103K	$4K	10x
Short	Nado AAVE-PERP	143.96	0.0100	get 0.0012% / 1h	55m 00s	$801K	$409K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.106%Rate

Funding earned: $21
Price spread: −0.106% → −0.037%: −$6.92
Slippage, 4 orders: −$147.83
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$150.76
Costs to cover: 1.648%
Break-even: 57.3 days

Slippage from dYdX: live order book, 9 min ago; Nado: live order book, 8 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, 9 min ago	69.43 bp	74.4 bp −$74	74.4 bp −$744	74.4 bp −$7,443	74.4 bp −$37.2K
Sell Nado live order book, 8 min ago	0.69 bp	6.7 bp −$7	13.3 bp −$133	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
ApeX Omni AAVEUSDT	−0.0648%	1h	143.72	−0.273%	$134K	$219K	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0167%	1h	143.93	−0.127%	$244K	$370K	50x	as long as short
01 Exchange AAVEUSD	−0.0064%	1h	144.02	−0.065%	$11K	$2K	5x	as long as short
dYdX AAVE-USDlong	0.0000%	1h	144.11	long leg	$103K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	144.12	+0.005%	$72K	$1.4M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.00	−0.079%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.59	+0.331%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.964%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.92	−0.136%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.94	−0.120%	$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	144.04	−0.051%	$17.3M	$63.5M	50x	as long as short
MEXC AAVE_USDT	+0.0092%	8h	144.07	−0.030%	$26.4M	$23.4M	200x	as long as short
Binance AAVEUSDT	+0.0093%	8h	144.07	−0.030%	$65.0M	$181.0M	75x	as long as short
Lighter AAVE	+0.0096%	1h	144.24	+0.089%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.11	−0.005%	$13K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	143.96	−0.106%	$801K	$409K	10x
Hyperliquid AAVE	+0.0100%	1h	144.17	+0.039%	$78.0M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.05	−0.045%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.15	+0.025%	$329K	$433K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.09	−0.016%	$61.6M	$63.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.06	−0.037%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.04	−0.048%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.07	−0.030%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.08	−0.023%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.05	−0.044%	$30.0M	$17.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.07	−0.030%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.12	+0.005%	$322K	$716K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.60	+0.339%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.85	−0.184%	$104K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.82	−0.202%	$451K	$3.8M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.03	−0.058%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.94	−0.117%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.97	−0.099%	$5K	$291K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.28	+0.114%	$698K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.10	−0.009%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.90	−0.145%	$917K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.98	−0.093%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.10	−0.008%	$199K	$228K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0258% / S −0.0409%	1h	144.00	−0.080%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0267%	1h	144.10	−0.008%	$3.5M	$2.0M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.56	+0.310%	$777K	$2.8M	50x	as long as short