AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.07 per $10,000 · paid last 24h −0.004%

Price spread now: Phoenix against Injective+5.082%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 Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 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 +$2 a day on $10k at the current rate, and Phoenix is 5.082% dearer against Injective than usual: you sell high and buy low: +$508 more if the spread goes back to zero (this spread has no 7-day history 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	31m 58s	$422	$51K	12x
Short	Phoenix AAVE	143.92	0.0089	get 0.0011% / 1h	31m 58s	$5K	$98K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +5.082%Rate

Funding earned: $11.6
Price spread: +5.082% → 0.000%: $508.18
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $512.76
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Phoenix: no order-book sample. 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 Phoenix no order-book sample	—	—	—	—	—

Injective and Phoenix: 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
01 Exchange AAVEUSD	−0.0064%	1h	144.00	+5.140%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0028%	1h	143.86	+5.038%	$228K	$389K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.00	+5.137%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.91	+5.074%	$60K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.97	+5.118%	$80K	—	150x	as long as short
Injective AAVE/USDC PERPlong	+0.0033%	1h	136.96	long leg	$422	$51K	12x
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.87	+5.045%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.93	+5.089%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0053%	1h	143.95	+5.107%	$834K	$432K	10x	as long as short
Phoenix AAVEshort	+0.0089%	1h	143.92	+5.082%	$5K	$98K	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	144.08	+5.198%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.99	+5.134%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.06	+5.184%	$77.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.96	+5.114%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.03	+5.162%	$328K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	144.04	+5.169%	$64.5M	$182.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.06	+5.184%	$61.6M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	144.04	+5.169%	$17.2M	$63.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.03	+5.162%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.90	+5.067%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.04	+5.169%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	144.04	+5.169%	$26.0M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.05	+5.177%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.99	+5.133%	$30.2M	$17.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.05	+5.177%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.98	+5.126%	$321K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.76	+4.963%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.84	+5.024%	$104K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.91	+5.077%	$453K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.97	+5.118%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.02	+5.155%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.93	+5.089%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.87	+5.045%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.08	+5.198%	$695K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.89	+5.060%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.97	+5.118%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.88	+5.051%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	144.07	+5.189%	$188K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	144.00	+5.140%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.95	+5.106%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0267%	1h	144.00	+5.138%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.05	+5.177%	$779K	$2.8M	50x	as long as short