AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0214%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h +0.023%

Price spread now: Injective against Kraken Futures−4.187%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Injective is 4.187% cheaper against Kraken Futures than usual: you would sell low and buy high (−$419 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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	Kraken Futures PF_AAVEUSD	142.95	0.0248	pay 0.0031% / 1h	24m 36s	$3.4M	$2.1M	50x
Short	Injective AAVE/USDC PERP	136.96	0.0033	get 0.0004% / 1h	24m 36s	$422	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −4.187%Rate

Funding earned: −$45.04
Price spread: −4.187% → 0.000%: −$418.72
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$473.78
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 4 min ago; Injective: 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, 4 min ago	4.54 bp	11.4 bp −$11	23.3 bp −$233	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
dYdX AAVE-USD	0.0000%	1h	142.88	−0.045%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.96	+0.010%	$52K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.82	−0.088%	$218K	$390K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.88	−0.045%	$80K	—	150x	as long as short
Injective AAVE/USDC PERPshort	+0.0033%	1h	136.96	−4.187%	$422	$51K	12x
Phoenix AAVE	+0.0033%	1h	143.58	+0.444%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0035%	1h	142.74	−0.140%	$834K	$398K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.68	−0.183%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	142.85	−0.067%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0060%	8h	142.89	−0.039%	$4.0M	$3.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	+0.0096%	1h	142.89	−0.039%	$10K	$2K	5x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.78	−0.115%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.90	−0.031%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.82	−0.085%	$327K	$446K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.82	−0.090%	$63.8M	$188.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.79	−0.109%	$61.4M	$67.8M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.75	−0.137%	$17.0M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.95	+0.003%	$64K	$200K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.81	−0.095%	$8.0M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.85	−0.067%	$25.5M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.84	−0.074%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.74	−0.144%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.85	−0.067%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.94	−0.004%	$336K	$722K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.92	−0.019%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	−0.005%	$104K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.34	+0.275%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.00	+0.038%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.84	−0.074%	$132K	$449K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.96	+0.013%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.83	−0.081%	$5K	$309K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.88	−0.048%	$683K	$5.2M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.31	+0.255%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.81	−0.095%	$906K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.85	−0.069%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	142.90	−0.029%	$185K	$251K	10x	as long as short
Lighter AAVE	+0.0152%	1h	143.01	+0.046%	$4.5M	$2.3M	10x	as long as short
Hyperliquid AAVE	+0.0194%	1h	142.90	−0.032%	$78.3M	$36.9M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.83	−0.081%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSDlong	+0.0248%	1h	142.95	long leg	$3.4M	$2.1M	50x
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.87	−0.056%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.68	+0.514%	$788K	$2.8M	50x	as long as short