AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.011%

Price spread now: KuCoin against Gate−0.028%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.585% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$1 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.028%, 7d avg +0.002%

Together, before fees−0.005%−$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 2.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AAVE_USDT	145.16	0.0064	pay 0.0064% / 8h	1h 14m	$7.8M	$15.9M	75x
Short	KuCoin AAVEUSDTM	145.12	0.0100	get 0.0100% / 8h	1h 14m	$9.9M	$8.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $7.56
Price spread: −0.028% → +0.002%: −$3
Slippage, 4 orders: −$31.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$53.95
Costs to cover: 0.585%
Break-even: 57.0 days

Slippage from Gate: live order book, 4 min ago; KuCoin: 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 Gate live order book, 4 min ago	1.38 bp	15.0 bp −$15	27.2 bp −$272	42.3 bp −$4,235	48.0 bp −$24.0K
Sell KuCoin live order book, 4 min ago	1.03 bp	14.1 bp −$14	26.5 bp −$265	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
01 Exchange AAVEUSD	−0.0136%	1h	145.15	−0.007%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0094%	1h	145.12	−0.028%	$255K	$465K	50x	as long as short
Phoenix AAVE	−0.0045%	1h	145.16	0.000%	$5K	$100K	10x	as long as short
SoDEX AAVE-USD	−0.0038%	1h	145.15	−0.007%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.24	+0.053%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.21	+0.034%	$68K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.18	+0.014%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.649%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	145.14	−0.014%	$30.8M	$25.9M	200x	as long as short
Binance AAVEUSDT	+0.0036%	8h	145.11	−0.037%	$66.1M	$185.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.11	−0.038%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	145.19	+0.018%	$181K	$243K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	145.11	−0.034%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	145.32	+0.111%	$3.5M	$2.1M	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0055%	8h	145.07	−0.062%	$17.5M	$66.7M	50x	as long as short
Gate AAVE_USDTlong	+0.0064%	8h	145.16	long leg	$7.8M	$15.9M	75x
Aevo AAVE-PERP	+0.0088%	1h	145.15	−0.007%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.33	+0.114%	$4.7M	$1.6M	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0097%	8h	145.01	−0.100%	$458K	$3.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.06	−0.066%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.11	−0.034%	$803K	$437K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.28	+0.083%	$79.8M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.23	+0.051%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.13	−0.018%	$331K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.09	−0.048%	$61.7M	$65.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.15	−0.007%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.07	−0.059%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTMshort	+0.0100%	8h	145.12	−0.028%	$9.9M	$8.6M	75x
Bitget AAVEUSDT	+0.0100%	8h	145.18	+0.014%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.16	0.000%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.26	+0.069%	$347K	$725K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.10	−0.043%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.96	−0.137%	$104K	$317K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.94	−0.152%	$135K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.19	+0.021%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.07	−0.060%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.44	+0.191%	$696K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.14	−0.014%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.10	−0.041%	$931K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0145%	8h	145.12	−0.028%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.18	+0.012%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.06	−0.069%	$787K	$3.0M	50x	as long as short