AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0205%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h −0.018%

Price spread now: Kraken Futures against Injective+3.645%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 3.645% dearer against Injective than usual: you sell high and buy low: +$364 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective AAVE/USDC PERP	136.96	0.0033	pay 0.0004% / 1h	27m 00s	$422	$51K	12x
Short	Kraken Futures PF_AAVEUSD	141.95	0.0239	get 0.0030% / 1h	27m 00s	$3.4M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now +3.645%Rate

Funding earned: $43.12
Price spread: +3.645% → 0.000%: $364.48
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $397.58
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 2 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 2 min ago	6.33 bp	14.4 bp −$14	19.9 bp −$199	124.4 bp −$12.4K	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1371%	1h	141.63	+3.410%	$215K	$394K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.03	+3.701%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.88	+3.592%	$50K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.90	+3.608%	$79K	—	150x	as long as short
Nado AAVE-PERP	+0.0031%	1h	141.93	+3.632%	$828K	$401K	10x	as long as short
Injective AAVE/USDC PERPlong	+0.0033%	1h	136.96	long leg	$422	$51K	12x
Reya AAVERUSDPERP	+0.0044%	1h	141.86	+3.580%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0068%	8h	141.82	+3.548%	$18K	$10K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.99	+3.674%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.91	+3.617%	$1.2M	$1.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AAVE	+0.0100%	1h	142.05	+3.714%	$325K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.88	+3.594%	$63.4M	$190.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	141.87	+3.585%	$60.8M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.83	+3.556%	$17.0M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.07	+3.731%	$63K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.34	+3.926%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.88	+3.592%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.88	+3.592%	$25.0M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.88	+3.592%	$10.2M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.86	+3.578%	$29.0M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.88	+3.592%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.93	+3.631%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.41	+3.979%	$105K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.57	+4.095%	$446K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.52	+4.060%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.02	+3.695%	$140K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.81	+3.542%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.88	+3.592%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.20	+3.824%	$679K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	141.87	+3.585%	$4.0M	$3.6M	50x	as long as short
Hyperliquid AAVE	+0.0102%	1h	141.99	+3.673%	$77.6M	$37.1M	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.80	+3.530%	$901K	$1.7M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	142.03	+3.702%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.89	+3.600%	$120K	$146	10x	as long as short
Phoenix AAVE	+0.0118%	1h	142.14	+3.782%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0148%	1h	141.96	+3.651%	$337K	$730K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	142.03	+3.703%	$190K	$253K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.92	+3.621%	$3.3M	$3.5M	100x	as long as short
Kraken Futures PF_AAVEUSDshort	+0.0239%	1h	141.95	+3.645%	$3.4M	$2.1M	50x
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	141.87	+3.586%	$111K	—	100x	as long as short
Lighter AAVE	+0.0280%	1h	142.10	+3.751%	$4.5M	$2.4M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	141.96	+3.651%	$760K	$2.8M	50x	as long as short