AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h +0.058%

Price spread now: Bulk against Kraken Futures+0.414%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Bulk is 0.414% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.414% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	143.48	0.0268	pay 0.0033% / 1h	8m 48s	$3.5M	$2.1M	50x
Short	Bulk AAVE-USD	144.07	0.0100	get 0.0013% / 1h	8m 48s	$58K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now +0.414%Rate

Funding earned: −$35.26
Price spread: +0.414% → 0.000%: $41.43
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$10.83
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Kraken Futures: live order book, 5 min ago; Bulk: 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 Kraken Futures live order book, 5 min ago	4.86 bp	12.2 bp −$12	25.3 bp −$253	doesn't fit	doesn't fit
Sell Bulk no order-book sample	—	—	—	—	—

Bulk: 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	−0.0048%	1h	143.35	−0.091%	$10K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0029%	1h	143.33	−0.105%	$227K	$389K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.45	−0.020%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.60	+0.084%	$59K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.38	−0.068%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.544%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.29	−0.131%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0045%	8h	143.30	−0.125%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0057%	1h	143.35	−0.091%	$828K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.75	+0.188%	$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	143.62	+0.098%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.39	−0.063%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.48	0.000%	$77.6M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.37	−0.076%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.40	−0.057%	$326K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.36	−0.086%	$64.2M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.33	−0.105%	$61.2M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.31	−0.118%	$17.2M	$63.2M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.39	−0.063%	$44K	$179K	10x	as long as short
Bulk AAVE-USDshort	+0.0100%	1h	144.07	+0.414%	$58K	$2K	10x
Gate AAVE_USDT	+0.0100%	8h	143.35	−0.091%	$7.8M	$15.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.34	−0.098%	$25.9M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.40	−0.056%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.28	−0.139%	$30.0M	$17.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.31	−0.118%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.42	−0.042%	$320K	$691K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.66	+0.123%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.67	+0.132%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.74	+0.182%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.90	+0.293%	$134K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.38	−0.070%	$128K	$422K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.35	−0.090%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.34	−0.098%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.55	+0.049%	$691K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.43	−0.035%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.28	−0.141%	$913K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.03	−0.312%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.42	−0.039%	$184K	$237K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.36	−0.084%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.37	−0.073%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0268%	1h	143.48	long leg	$3.5M	$2.1M	50x
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.93	+0.314%	$782K	$2.8M	50x	as long as short