AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: Extended against Nado−0.082%7-day average −0.037% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$280.285% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 3 days (all we have)−0.086%−$9 · spread now −0.082%, 7d avg −0.037%

Together, before fees−0.080%+ Points / potential airdropNado: Active · Extended: Active · farm board−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.045% cheaper against Nado than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AAVE-PERP	146.25	0.0100	pay 0.0012% / 1h	33m 27s	$800K	$445K	10x
Short	Extended AAVE-USD	146.13	0.0104	get 0.0013% / 1h	33m 27s	$932K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Nado. 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 NadobpFee ExtendedbpOrdersPrice spread, now −0.082%Rate

Funding earned: $0.84
Price spread: −0.082% → −0.037%: −$4.48
Slippage, 4 orders: −$16.49
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$32.13
Costs to cover: 0.285%
Break-even: 274.7 days

Slippage from Nado: live order book, 40 min ago; Extended: live order book, 5 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 Nado live order book, 40 min ago	1.37 bp	7.3 bp −$7	15.8 bp −$158	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	1.72 bp	6.4 bp −$6	20.2 bp −$202	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.25	+0.003%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0144%	1h	146.17	−0.051%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0109%	1h	146.13	−0.079%	$5K	$305K	10x	as long as short
Phemex AAVEUSDT	−0.0060%	8h	146.16	−0.058%	$4.2M	$3.8M	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.17	−0.051%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.33	+0.058%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.10	−0.099%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.19	−0.038%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.26	+0.012%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0020%	8h	146.26	+0.010%	$29.2M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0020%	8h	146.22	−0.017%	$66.3M	$184.8M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.349%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.23	−0.008%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	146.17	−0.051%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0060%	8h	146.15	−0.065%	$17.9M	$66.9M	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	146.26	+0.010%	$7.9M	$15.2M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0067%	1h	146.03	−0.147%	$136K	$230K	50x	as long as short
GRVT AAVE_USDT_Perp	+0.0071%	8h	145.82	−0.287%	$461K	$3.8M	10x	as long as short
BloFin AAVE-USDT	+0.0085%	8h	145.81	−0.297%	$3.5M	$4.0M	100x	as long as short
Bybit AAVEUSDT	+0.0088%	8h	146.19	−0.038%	$62.5M	$65.4M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.19	−0.038%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.49	+0.167%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.34	+0.067%	$14K	$4K	20x	as long as short
Nado AAVE-PERPlong	+0.0100%	1h	146.25	long leg	$800K	$445K	10x
Hyperliquid AAVE	+0.0100%	1h	146.38	+0.092%	$79.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.37	+0.084%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.26	+0.012%	$334K	$503K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.36	+0.079%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.359%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.34	+0.065%	$10.1M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.28	+0.024%	$30.4M	$18.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.21	−0.024%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.23	−0.010%	$333K	$741K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.87	−0.255%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.80	−0.306%	$105K	$318K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.29	+0.031%	$128K	$427K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.14	−0.069%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.27	+0.016%	$710K	$5.2M	75x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	146.13	−0.082%	$932K	$1.7M	50x
RISEx AAVE/USDC	+0.0107%	1h	146.33	+0.059%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.24	−0.004%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.14	−0.072%	$786K	$3.1M	50x	as long as short