Funding you earn now, next payment 07:00 UTC+0.0215%/8h= +23.6% APRnext payment +$0.27 per $10,000 · paid last 24h −0.030%
Price spread now: Kraken Futures against Polymarket Perps+0.058%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now +0.058%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.065% dearer against Polymarket Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.154%, 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 | Polymarket Perps AAVE-USD | 142.94 | 0.0100 | pay 0.0013% / 1h | 50m 39s | $141K | $470K | 10x |
| Short | Kraken Futures PF_AAVEUSD | 143.02 | 0.0315 | get 0.0039% / 1h | 50m 39s | $3.4M | $2.1M | 50x |
Polymarket Perps AAVE-USD
Kraken Futures PF_AAVEUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Polymarket Perps. 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
- $45.2
- Price spread: +0.058% → −0.006%
- $6.45
- Slippage, 4 orders
- −$26.15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $7.5
- Costs to cover
- 0.441%
- Break-even
- 5.8 days
Slippage from Polymarket Perps: live order book, 57 min ago; Kraken Futures: live order book, 3 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 Polymarket Perps live order book, 57 min ago | 2.45 bp | 6.4 bp −$6 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 3.49 bp | 15.3 bp −$15 | 19.8 bp −$198 | 140.7 bp −$14.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX AAVE-USD | 0.0000% | 1h | 143.07 | +0.093% | $102K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.98 | +0.028% | $50K | $1.5M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.92 | −0.014% | $217K | $396K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.93 | −0.008% | $80K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.184% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.87 | −0.051% | — | — | 20x | as long as short |
| Nado AAVE-PERP | +0.0053% | 1h | 142.81 | −0.091% | $830K | $400K | 10x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0076% | 8h | 142.90 | −0.028% | $18K | $10K | 10x | as long as short |
| Phoenix AAVE | +0.0089% | 1h | 143.18 | +0.168% | $4K | $108K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 143.18 | +0.166% | $13K | $4K | 20x | as long as short |
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
Reya AAVERUSDPERP
Nado AAVE-PERP
Orderly PERP_AAVE_USDC
Phoenix AAVE
Paradex AAVE-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AAVEUSDT | +0.0100% | 8h | 143.14 | +0.140% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 143.18 | +0.166% | $327K | $448K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 143.15 | +0.147% | $64.5M | $191.9M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 143.18 | +0.168% | $61.6M | $68.3M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 143.18 | +0.168% | $17.1M | $65.7M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 143.32 | +0.266% | $64K | $198K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.88 | −0.040% | $58K | −$0 | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 143.18 | +0.168% | $8.0M | $15.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 143.14 | +0.140% | $25.2M | $23.9M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 143.15 | +0.147% | $10.3M | $9.4M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.18 | +0.168% | $29.3M | $18.4M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 143.18 | +0.168% | — | $43.7M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 143.14 | +0.140% | $336K | $725K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 142.91 | −0.020% | $3.7M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.98 | +0.029% | $107K | $282K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.97 | +0.020% | $452K | $3.9M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.95 | +0.007% | $133K | $222K | 50x | as long as short |
| Polymarket Perps AAVE-USDlong | +0.0100% | 1h | 142.94 | long leg | $141K | $470K | 10x | |
| SunX AAVE-USDT | +0.0100% | 8h | 142.81 | −0.094% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.93 | −0.007% | $5K | $311K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 143.21 | +0.190% | $680K | $5.2M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 143.03 | +0.063% | $4.0M | $3.6M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.17 | +0.159% | $911K | $1.7M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.92 | −0.014% | $121K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0128% | 1h | 143.27 | +0.231% | $4.5M | $2.4M | 10x | as long as short |
| 01 Exchange AAVEUSD | +0.0128% | 1h | 143.29 | +0.245% | $10K | $2K | 5x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.99 | +0.035% | $3.3M | $3.6M | 100x | as long as short |
| Hyperliquid AAVE | +0.0241% | 1h | 143.31 | +0.259% | $78.3M | $37.2M | 10x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0362% | 1h | 142.92 | −0.013% | $112K | — | 100x | as long as short |
| RISEx AAVE/USDC | +0.0256% | 1h | 143.28 | +0.241% | $196K | $262K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0296% | 1h | 142.94 | 0.000% | $761K | $2.9M | 50x | as long as short |
| Kraken Futures PF_AAVEUSDshort | +0.0315% | 1h | 143.02 | +0.058% | $3.4M | $2.1M | 50x |
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
Aevo AAVE-PERP
Lighter AAVE
01 Exchange AAVEUSD
BloFin AAVE-USDT
Hyperliquid AAVE
GMX AAVE/USD [AAVE-USDC]
RISEx AAVE/USDC
Coinbase International AAVE-PERP-INTX