Funding you earn now, next payment 23:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: dYdX against Phoenix−0.104%7-day average −0.056% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 3 days (all we have)−0.205%−$21 · spread now −0.104%, 7d avg −0.056%
=Funding pays, the price is against you. dYdX is 0.049% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.056%). If the spread goes back, that is −$5 on $10k: about 5.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.144%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AAVE | 145.79 | −0.0027 | get 0.0003% / 1h | 55m 33s | $5K | $102K | 10x |
| Short | dYdX AAVE-USD | 145.64 | 0 | get 0.0000% / 1h | 55m 33s | $104K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.76
- Price spread: −0.104% → −0.056%
- −$4.86
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$16.1
- Costs to cover
- 0.170%
- Break-even
- 26.6 days
Slippage unknown: Phoenix: no order-book sample; dYdX: live order book, 18 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 dYdX live order book, 18 min ago | 67.60 bp | 78.8 bp −$79 | 198.6 bp −$1,986 | 210.6 bp −$21.1K | 221.1 bp −$110.5K |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni AAVEUSDT | −0.0529% | 1h | 145.50 | −0.199% | $135K | $229K | 50x | as long as short |
| Phemex AAVEUSDT | −0.0215% | 8h | 145.84 | +0.034% | $4.1M | $3.8M | 50x | as long as short |
| Kraken Futures PF_AAVEUSD | −0.0185% | 1h | 145.99 | +0.136% | $3.5M | $2.1M | 50x | as long as short |
| Gate AAVE_USDT | −0.0109% | 8h | 145.52 | −0.185% | $7.8M | $15.2M | 75x | as long as short |
| 01 Exchange AAVEUSD | −0.0104% | 1h | 145.32 | −0.322% | $11K | $2K | 5x | as long as short |
| Bybit AAVEUSDT | −0.0046% | 8h | 145.43 | −0.247% | $62.0M | $66.0M | 75x | as long as short |
| Phoenix AAVElong | −0.0027% | 1h | 145.79 | long leg | $5K | $102K | 10x | |
| GRVT AAVE_USDT_Perp | −0.0027% | 8h | 145.42 | −0.253% | $456K | $3.9M | 10x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0024% | 1h | 145.84 | +0.034% | $255K | $391K | 50x | as long as short |
| dYdX AAVE-USDshort | 0.0000% | 1h | 145.64 | −0.104% | $104K | $5K | 10x |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.79 | 0.000% | $77K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.84 | +0.034% | $71K | — | 150x | as long as short |
| MEXC AAVE_USDT | +0.0025% | 8h | 145.54 | −0.171% | $29.3M | $25.6M | 200x | as long as short |
| Binance AAVEUSDT | +0.0026% | 8h | 145.42 | −0.257% | $66.0M | $187.6M | 75x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −6.057% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.37 | −0.285% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0052% | 8h | 145.80 | +0.007% | $18K | $12K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0065% | 8h | 145.38 | −0.281% | $17.8M | $67.1M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 145.86 | +0.049% | $123K | $146 | 10x | as long as short |
| SoDEX AAVE-USD | +0.0096% | 1h | 145.82 | +0.021% | $5K | $305K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 145.75 | −0.027% | $4.7M | $1.5M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.46 | −0.225% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.38 | −0.281% | $795K | $449K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 145.78 | −0.007% | $79.6M | $35.6M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 145.58 | −0.147% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.62 | −0.119% | $332K | $504K | 10x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.43 | −0.247% | $46K | $278K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.52 | −0.182% | $61K | −$0 | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.72 | −0.048% | $10.0M | $8.7M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.38 | −0.281% | $30.2M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 145.50 | −0.199% | — | $44.1M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.96 | +0.117% | $348K | $744K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.84 | +0.031% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 145.42 | −0.253% | $105K | $316K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.47 | −0.219% | $127K | $454K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.68 | −0.078% | $1K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.86 | +0.046% | $690K | $5.1M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.42 | −0.255% | $934K | $1.7M | 50x | as long as short |
| RISEx AAVE/USDC | +0.0107% | 1h | 145.45 | −0.232% | $184K | $246K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0108% | 8h | 145.45 | −0.233% | $3.4M | $4.1M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0269% / S −0.0449% | 1h | 145.82 | +0.021% | $128K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 145.64 | −0.103% | $780K | $3.1M | 50x | as long as short |
Phoenix AAVE
ApeX Omni AAVEUSDT
Phemex AAVEUSDT
Kraken Futures PF_AAVEUSD
Gate AAVE_USDT
01 Exchange AAVEUSD
Bybit AAVEUSDT
GRVT AAVE_USDT_Perp
Deribit AAVE_USDC-PERPETUAL
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
MEXC AAVE_USDT
Binance AAVEUSDT
Injective AAVE/USDC PERP
OKX AAVE-USDT-SWAP
SoDEX AAVE-USD
Lighter AAVE
Paradex AAVE-USD-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Extended AAVE-USD
RISEx AAVE/USDC
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX