AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.20 per $10,000 · paid last 24h +0.057%

Price spread now: Aevo against Kraken Futures−0.482%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$145as in the Price arb table

costs, in and out, $10k−$990.986% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.174%+$17 on $10k

Price spread, last 4 days (all we have)+0.476%+$48 · spread now −0.482%, 7d avg −0.021%

Together, before fees+0.650%+$65 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.460% cheaper against Kraken Futures than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	143.46	0.0268	pay 0.0033% / 1h	7m 56s	$3.5M	$2.1M	50x
Short	Aevo AAVE-PERP	142.77	0.0104	get 0.0013% / 1h	7m 56s	$121K	$146	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.482%Rate

Funding earned: −$34.42
Price spread: −0.482% → −0.021%: −$46.04
Slippage, 4 orders: −$72.55
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$179.02
Costs to cover: 0.986%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; Aevo: live order book, 56 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 Kraken Futures live order book, 1 min ago	3.84 bp	16.2 bp −$16	26.5 bp −$265	doesn't fit	doesn't fit
Sell Aevo live order book, 56 min ago	21.82 bp	35.9 bp −$36	189.2 bp −$1,892	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	−0.0056%	1h	143.30	−0.113%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.45	−0.007%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.36	−0.071%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.37	−0.064%	$227K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.41	−0.035%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.532%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.31	−0.107%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	143.34	−0.085%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0058%	1h	143.31	−0.106%	$827K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.75	+0.201%	$5K	$98K	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	143.54	+0.052%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.45	−0.011%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.40	−0.043%	$77.6M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.35	−0.078%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.42	−0.028%	$326K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.18	−0.197%	$64.1M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.21	−0.176%	$61.2M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.19	−0.190%	$17.1M	$63.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.34	−0.085%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.07	+0.427%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.22	−0.169%	$7.8M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.19	−0.190%	$25.9M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.28	−0.127%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.19	−0.190%	$30.0M	$17.4M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.20	−0.183%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.38	−0.057%	$320K	$692K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.136%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.67	+0.144%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.74	+0.195%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.90	+0.305%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.36	−0.071%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.29	−0.119%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.33	−0.092%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	+0.061%	$691K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.39	−0.050%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.17	−0.204%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERPshort	+0.0104%	1h	142.77	−0.482%	$121K	$146	10x
RISEx AAVE/USDC	+0.0195%	1h	143.36	−0.070%	$184K	$237K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.36	−0.071%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.38	−0.060%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0268%	1h	143.46	long leg	$3.5M	$2.1M	50x
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.93	+0.326%	$782K	$2.8M	50x	as long as short