AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.077%

Price spread now: 01 Exchange against Phoenix−0.125%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.125% cheaper against Phoenix than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix AAVE	144.10	−0.0044	get 0.0005% / 1h	7m 30s	$5K	$101K	10x
Short	01 Exchange AAVEUSD	143.92	−0.0096	pay 0.0012% / 1h	7m 30s	$11K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.125%Rate

Funding earned: −$10.95
Price spread: −0.125% → 0.000%: −$12.49
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$37.44
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 46 min ago; 01 Exchange: no order-book sample. 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 live order book, 46 min ago	0.69 bp	13.8 bp −$14	54.2 bp −$542	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Deribit AAVE_USDC-PERPETUAL	−0.0375%	1h	143.90	−0.139%	$253K	$494K	50x	as long as short
SoDEX AAVE-USD	−0.0133%	1h	143.80	−0.208%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSDshort	−0.0096%	1h	143.92	−0.125%	$11K	$2K	5x
Phoenix AAVElong	−0.0044%	1h	144.10	long leg	$5K	$101K	10x
dYdX AAVE-USD	0.0000%	1h	143.97	−0.093%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.90	−0.139%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.00	−0.067%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.97	−0.092%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.955%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.62	−0.335%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0047%	8h	143.80	−0.207%	$65.5M	$185.0M	75x	as long as short
MEXC AAVE_USDT	+0.0048%	8h	143.90	−0.139%	$31.1M	$26.4M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.93	−0.118%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0055%	8h	143.67	−0.298%	$17.3M	$65.9M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0056%	1h	144.02	−0.056%	$134K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	143.86	−0.167%	$7.8M	$16.0M	75x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	−0.087%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.07	−0.021%	$450K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.11	+0.006%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.91	−0.132%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.91	−0.133%	$179K	$245K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.86	−0.166%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.73	−0.259%	$797K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.76	−0.236%	$79.7M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.95	−0.104%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.93	−0.117%	$328K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.70	−0.278%	$61.1M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.88	−0.153%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.94	−0.111%	$10.2M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.69	−0.285%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.89	−0.146%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.96	−0.097%	$380K	$707K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.01	−0.061%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.06	−0.028%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.76	−0.236%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.02	−0.058%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.27	+0.120%	$717K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.89	−0.146%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.84	−0.183%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0169%	8h	144.04	−0.042%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.51	+0.285%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.04	−0.044%	$124K	—	100x	as long as short