AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against dYdX+0.073%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$260as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2772.773% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.073%, 7d avg −0.001%

Together, before fees+0.111%+ Points / potential airdropPacifica: Active · farm board+$11 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 Pacifica is 0.073% dearer against dYdX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AAVE-USD	143.66	0	get 0.0000% / 1h	53m 36s	$103K	$4K	10x
Short	Pacifica AAVE	143.77	0.0100	get 0.0013% / 1h	53m 36s	$329K	$447K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.073%Rate

Funding earned: $21
Price spread: +0.073% → −0.001%: $7.34
Slippage, 4 orders: −$259.34
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$249
Costs to cover: 2.773%
Break-even: 90.0 days

Slippage from dYdX: live order book, just now; Pacifica: live order book, 65 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, just now	62.65 bp	67.7 bp −$68	80.1 bp −$801	84.9 bp −$8,487	88.8 bp −$44.4K
Sell Pacifica live order book, 65 min ago	3.86 bp	8.0 bp −$8	doesn't fit	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
dYdX AAVE-USDlong	0.0000%	1h	143.66	long leg	$103K	$4K	10x
Kalshi KXAAVEPERP	0.0000%	8h	143.53	−0.092%	$54K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.53	−0.092%	$219K	$402K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.59	−0.052%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.665%	$422	$51K	12x	as long as short
Phemex AAVEUSDT	+0.0034%	8h	143.55	−0.078%	$4.0M	$3.7M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.54	−0.087%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.53	−0.092%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0053%	1h	143.95	+0.201%	$847K	$398K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.71	+0.034%	$4K	$106K	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	143.86	+0.137%	$4.6M	$2.1M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.82	+0.112%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.74	+0.054%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	143.77	+0.073%	$329K	$447K	10x
Binance AAVEUSDT	+0.0100%	8h	143.91	+0.174%	$64.4M	$187.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.91	+0.173%	$61.9M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.98	+0.222%	$17.2M	$64.8M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.95	+0.201%	$64K	$200K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.81	+0.103%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.65	−0.008%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.73	+0.048%	$25.0M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.76	+0.069%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.75	+0.062%	$29.3M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.79	+0.089%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	−0.196%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.71	+0.032%	$104K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.54	−0.086%	$462K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.75	+0.062%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.77	+0.075%	$127K	$439K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.51	−0.108%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.50	−0.112%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.173%	$692K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.73	+0.051%	$911K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.56	−0.073%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	143.93	+0.187%	$11K	$2K	5x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.91	+0.176%	$185K	$250K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0179%	1h	143.60	−0.043%	$337K	$720K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.95	+0.201%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0247%	1h	143.61	−0.037%	$3.5M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.58	−0.058%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	144.18	+0.361%	$791K	$2.8M	50x	as long as short
Hyperliquid AAVE	+0.0391%	1h	143.92	+0.180%	$79.1M	$36.7M	10x	as long as short