AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.031%

Price spread now: SunX against OKX−0.004%47s7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$135as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1481.478% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.004%, 7d avg +0.015%

Together, before fees+0.240%+$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAVE-USDT-SWAP	146.35	0.0062	pay 0.0062% / 8h	7h 27m	$18.0M	$66.6M	50x
Short	SunX AAVE-USDT	146.34	0.0100	get 0.0100% / 8h	7h 27m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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 OKXbpFee SunXbpOrdersPrice spread, now −0.004%Rate

Funding earned: $7.89
Price spread: −0.004% → +0.015%: −$1.96
Slippage, 4 orders: −$129.83
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$141.9
Costs to cover: 1.478%
Break-even: 132.9 days

Slippage from OKX: live order book, 1 min ago; SunX: live order book, 7 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 OKX live order book, 1 min ago	0.34 bp	7.2 bp −$7	13.5 bp −$135	93.0 bp −$9,303	doesn't fit
Sell SunX live order book, 7 min ago	44.89 bp	66.7 bp −$67	doesn't fit	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
Phemex AAVEUSDT	−0.0202%	8h	146.37	+0.014%	$4.2M	$3.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.51	+0.109%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0152%	1h	146.34	−0.007%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0105%	1h	146.42	+0.048%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.49	+0.093%	$105K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.31	−0.027%	$78K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.31	−0.027%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.46	+0.075%	$255K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.43	+0.056%	$71K	—	150x	as long as short
Gate AAVE_USDT	+0.0014%	8h	146.32	−0.020%	$7.9M	$15.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0019%	8h	146.36	+0.007%	$29.1M	$25.8M	200x	as long as short
Binance AAVEUSDT	+0.0020%	8h	146.35	0.000%	$66.3M	$183.7M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.416%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.33	−0.015%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	146.43	+0.055%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAPlong	+0.0062%	8h	146.35	long leg	$18.0M	$66.6M	50x
ApeX Omni AAVEUSDT	+0.0071%	1h	146.16	−0.130%	$136K	$231K	50x	as long as short
BloFin AAVE-USDT	+0.0077%	8h	146.14	−0.143%	$3.5M	$3.5M	100x	as long as short
Bybit AAVEUSDT	+0.0080%	8h	146.35	0.000%	$62.7M	$65.0M	75x	as long as short
GRVT AAVE_USDT_Perp	+0.0087%	8h	146.23	−0.085%	$460K	$3.8M	10x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.46	+0.075%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.50	+0.106%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.30	−0.036%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.32	−0.017%	$800K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.45	+0.068%	$79.9M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.42	+0.047%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.33	−0.014%	$334K	$502K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.33	−0.014%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.36	+0.004%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.32	−0.020%	$10.2M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.33	−0.014%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.29	−0.041%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.50	+0.102%	$334K	$737K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.16	−0.128%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.16	−0.131%	$105K	$316K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.42	+0.048%	$127K	$426K	10x	as long as short
SunX AAVE-USDTshort	+0.0100%	8h	146.34	−0.004%	$1K	$1.3M	20x
HTX AAVE-USDT	+0.0100%	8h	146.54	+0.133%	$712K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.26	−0.062%	$937K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.36	+0.010%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.42	+0.048%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.42	+0.048%	$786K	$2.9M	50x	as long as short