AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h +0.055%

Price spread now: RISEx against Kraken Futures+0.089%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$400.401% of the position

Long on Kraken Futures Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.117%+$12 on $10k

Price spread, last 3 days (all we have)−0.275%−$27 · spread now +0.089%, 7d avg −0.032%

Together, before fees−0.158%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.120% dearer against Kraken Futures than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AAVEUSD	143.05	−0.0035	get 0.0004% / 1h	38m 17s	$3.4M	$2.0M	50x
Short	RISEx AAVE/USDC	143.18	0.0089	get 0.0011% / 1h	38m 17s	$183K	$229K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.089%Rate

Funding earned: $26.05
Price spread: +0.089% → −0.032%: $12.03
Slippage, 4 orders: −$24.14
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$2.05
Costs to cover: 0.401%
Break-even: 7.6 days

Slippage from Kraken Futures: live order book, 6 min ago; RISEx: live order book, 30 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, 6 min ago	6.23 bp	15.8 bp −$16	25.1 bp −$251	doesn't fit	doesn't fit
Sell RISEx live order book, 30 min ago	2.63 bp	5.6 bp −$6	10.4 bp −$104	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
Deribit AAVE_USDC-PERPETUAL	−0.6951%	1h	142.00	−0.736%	$247K	$362K	50x	as long as short
01 Exchange AAVEUSD	−0.0048%	1h	143.10	+0.033%	$10K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSDlong	−0.0035%	1h	143.05	long leg	$3.4M	$2.0M	50x
dYdX AAVE-USD	0.0000%	1h	143.47	+0.294%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.31	+0.180%	$64K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.12	+0.045%	$69K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.08	+0.718%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.259%	$422	$51K	12x	as long as short
SoDEX AAVE-USD	+0.0042%	1h	142.97	−0.058%	$5K	$302K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.02	−0.023%	$18K	$10K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	143.20	+0.101%	—	—	20x	as long as short
MEXC AAVE_USDT	+0.0045%	8h	143.21	+0.110%	$26.9M	$24.8M	200x	as long as short
Binance AAVEUSDT	+0.0046%	8h	143.09	+0.027%	$64.5M	$186.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0068%	8h	143.16	+0.075%	$17.3M	$65.9M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0070%	1h	144.53	+1.032%	$134K	$230K	50x	as long as short
Gate AAVE_USDT	+0.0084%	8h	143.07	+0.012%	$7.7M	$15.1M	75x	as long as short
RISEx AAVE/USDCshort	+0.0089%	1h	143.18	+0.089%	$183K	$229K	10x
Lighter AAVE	+0.0096%	1h	143.18	+0.087%	$4.6M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.04	−0.012%	$121K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.40	+0.242%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.22	+0.113%	$797K	$431K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.31	+0.180%	$77.6M	$35.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.29	+0.166%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.44	+0.273%	$327K	$436K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.17	+0.082%	$61.4M	$65.5M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.16	+0.075%	$44K	$192K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	+0.969%	$58K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.23	+0.124%	$10.7M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.94	−0.079%	$29.7M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.09	+0.026%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.55	+0.347%	$322K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.60	+0.384%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.45	+0.979%	$104K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.64	+0.411%	$453K	$3.8M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.20	+0.103%	$124K	$418K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.97	−0.060%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.22	+0.118%	$694K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.14	+0.061%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.92	−0.092%	$913K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+1.032%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0231% / S −0.0348%	1h	143.08	+0.017%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	143.42	+0.256%	$768K	$2.8M	50x	as long as short