AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Nado against Extended−0.156%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−$50as in the Price arb table

costs, in and out, $10k−$310.306% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.006%−$1 on $10k

Price spread, last 3 days (all we have)+0.324%+$32 · spread now −0.156%, 7d avg +0.037%

Together, before fees+0.318%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.193% cheaper against Extended than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AAVE-USD	146.05	0.0104	pay 0.0013% / 1h	32m 05s	$933K	$1.7M	50x
Short	Nado AAVE-PERP	145.82	0.0100	get 0.0012% / 1h	32m 05s	$797K	$445K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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 ExtendedbpFee NadobpOrdersPrice spread, now −0.156%Rate

Funding earned: −$0.84
Price spread: −0.156% → +0.037%: −$19.3
Slippage, 4 orders: −$18.65
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.79
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Nado: live order book, 41 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 Extended live order book, 1 min ago	3.42 bp	7.1 bp −$7	21.4 bp −$214	doesn't fit	doesn't fit
Sell Nado live order book, 41 min ago	1.37 bp	8.3 bp −$8	14.8 bp −$148	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.20	+0.104%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0144%	1h	145.80	−0.168%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0115%	1h	146.08	+0.024%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.08	+0.021%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.98	−0.045%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.19	+0.099%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.15	+0.072%	$255K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.14	+0.066%	$71K	—	150x	as long as short
Phemex AAVEUSDT	+0.0009%	8h	146.07	+0.017%	$4.2M	$3.8M	50x	as long as short
Gate AAVE_USDT	+0.0016%	8h	146.15	+0.072%	$7.9M	$15.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0020%	8h	146.09	+0.031%	$29.2M	$25.8M	200x	as long as short
Binance AAVEUSDT	+0.0020%	8h	146.11	+0.044%	$66.2M	$184.8M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.221%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.93	−0.077%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	146.09	+0.031%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0062%	8h	146.15	+0.072%	$17.9M	$66.9M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0067%	1h	146.03	−0.010%	$136K	$230K	50x	as long as short
Bybit AAVEUSDT	+0.0069%	8h	146.11	+0.044%	$62.5M	$65.3M	75x	as long as short
GRVT AAVE_USDT_Perp	+0.0071%	8h	145.82	−0.151%	$461K	$3.8M	10x	as long as short
BloFin AAVE-USDT	+0.0081%	8h	146.12	+0.051%	$3.5M	$4.0M	100x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.10	+0.041%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.30	+0.177%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.93	−0.082%	$14K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	145.82	−0.156%	$797K	$445K	10x
Hyperliquid AAVE	+0.0100%	1h	146.24	+0.133%	$79.8M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.99	−0.040%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.99	−0.037%	$333K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.83	−0.147%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.223%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.14	+0.065%	$10.1M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.09	+0.031%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.14	+0.065%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.23	+0.127%	$333K	$741K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.87	−0.118%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.80	−0.170%	$105K	$318K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.96	−0.058%	$128K	$427K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.84	−0.144%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.29	+0.165%	$712K	$5.2M	75x	as long as short
Extended AAVE-USDlong	+0.0104%	1h	146.05	long leg	$933K	$1.7M	50x
RISEx AAVE/USDC	+0.0107%	1h	145.86	−0.124%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.14	+0.065%	$127K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.17	+0.086%	$786K	$3.1M	50x	as long as short