AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.014%

Price spread now: ApeX Omni against Phoenix+0.127%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

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. ApeX Omni is 0.127% dearer against Phoenix than usual: you sell high and buy low (spread +0.127% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AAVE	141.98	0.0062	pay 0.0008% / 1h	0m 14s	$4K	$97K	10x
Short	ApeX Omni AAVEUSDT	142.16	0.0026	get 0.0003% / 1h	0m 14s	$132K	$221K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phoenix. 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 PhoenixbpFee ApeX OmnibpOrdersPrice spread, now +0.127%Rate

Funding earned: −$7.46
Price spread: +0.127% → 0.000%: $12.68
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$11.78
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 49 min ago. 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 Phoenix no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 49 min ago	5.32 bp	13.6 bp −$14	103.5 bp −$1,035	doesn't fit	doesn't fit

Phoenix: 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 exchanges

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
SoDEX AAVE-USD	−0.0116%	1h	142.01	+0.021%	$7K	$242K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.01	+0.020%	$102K	$6K	10x	as long as short
01 Exchange AAVEUSD	0.0000%	1h	142.04	+0.042%	$10K	$1K	5x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.01	+0.021%	$41K	$1.3M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.05	+0.049%	$209K	$335K	50x	as long as short
Phemex AAVEUSDT	0.0000%	8h	142.00	+0.014%	$3.9M	$3.6M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.85	−0.089%	$79K	—	150x	as long as short
Bybit AAVEUSDT	+0.0022%	8h	141.94	−0.028%	$61.4M	$60.1M	75x	as long as short
ApeX Omni AAVEUSDTshort	+0.0026%	1h	142.16	+0.127%	$132K	$221K	50x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.536%	$422	$51K	12x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	141.96	−0.014%	—	—	20x	as long as short
Phoenix AAVElong	+0.0062%	1h	141.98	long leg	$4K	$97K	10x
Orderly PERP_AAVE_USDC	+0.0086%	8h	142.00	+0.014%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.19	+0.145%	$4.6M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.96	−0.016%	$13K	$444	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	142.01	+0.021%	$815K	$309K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.21	+0.162%	$78.1M	$28.2M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.05	+0.052%	$1.2M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.00	+0.014%	$346K	$319K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.00	+0.018%	$64.0M	$163.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.95	−0.021%	$16.4M	$53.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.15	+0.120%	$95K	$205K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.04	+0.042%	$8.2M	$14.4M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.01	+0.021%	$22.1M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.05	+0.049%	$10.3M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.01	+0.021%	$29.3M	$15.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.01	+0.021%	—	$6.5M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	141.71	−0.189%	$3.7M	$692K	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.02	+0.027%	$109K	$284K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.88	−0.070%	$448K	$3.2M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.10	+0.085%	$135K	$370K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.99	+0.004%	$2K	$1.1M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.20	+0.155%	$660K	$1.5M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.76	−0.151%	$164K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0102%	1h	142.03	+0.035%	$386K	$605K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.94	−0.026%	$913K	$1.5M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.84	−0.099%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0164%	1h	141.84	−0.098%	$172K	$207K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0176%	1h	142.14	+0.109%	$3.4M	$1.9M	50x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.79	−0.134%	$3.3M	$3.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	142.03	+0.035%	$754K	$2.2M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0253% / S −0.0360%	1h	142.06	+0.059%	$111K	—	100x	as long as short