Funding you earn now, next payment 11:00 UTC−0.0287%/8h= −31.4% APRnext payment −$0.36 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against Polymarket Perps−0.050%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 4 days (all we have)−0.089%−$9 on $10k
+Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.050%, 7d avg −0.054%
=The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.089% in total (about -9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.36 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps AAVE-USD | 141.38 | 0.0100 | pay 0.0013% / 1h | 51m 21s | $133K | $370K | 10x |
| Short | SoDEX AAVE-USD | 141.31 | −0.0187 | pay 0.0023% / 1h | 51m 21s | $7K | $232K | 10x |
Polymarket Perps AAVE-USD
SoDEX AAVE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$60.19
- Price spread: −0.050% → −0.054%
- $0.41
- Slippage, 4 orders
- −$9.91
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$85.69
- Costs to cover
- 0.259%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 59 min ago; SoDEX: live order book, 60 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, 59 min ago | 0.71 bp | 10.2 bp −$10 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 60 min ago | 0.35 bp | 5.0 bp −$5 | 10.4 bp −$104 | 98.2 bp −$9,819 | doesn't fit |
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-USDshort | −0.0187% | 1h | 141.31 | −0.050% | $7K | $232K | 10x | |
| Deribit AAVE_USDC-PERPETUAL | −0.0104% | 1h | 141.33 | −0.035% | $208K | $323K | 50x | as long as short |
| 01 Exchange AAVEUSD | −0.0024% | 1h | 141.35 | −0.021% | $10K | $1K | 5x | as long as short |
| ApeX Omni AAVEUSDT | 0.0000% | 1h | 141.46 | +0.057% | $132K | $221K | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 141.38 | −0.002% | $102K | $6K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 141.43 | +0.035% | $45K | $1.3M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 141.53 | +0.107% | $79K | — | 150x | as long as short |
| Bybit AAVEUSDT | +0.0011% | 8h | 141.27 | −0.078% | $61.1M | $59.6M | 75x | as long as short |
| Phoenix AAVE | +0.0028% | 1h | 141.72 | +0.240% | $4K | $81K | 10x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −3.126% | $422 | $51K | 12x | as long as short |
Deribit AAVE_USDC-PERPETUAL
01 Exchange AAVEUSD
ApeX Omni AAVEUSDT
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Bybit AAVEUSDT
Phoenix AAVE
Injective AAVE/USDC PERPShow all 42 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAVEUSDT | +0.0035% | 8h | 141.32 | −0.042% | $3.9M | $3.6M | 50x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 141.26 | −0.084% | — | — | 20x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0085% | 8h | 141.27 | −0.078% | $17K | $2K | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 141.47 | +0.062% | $4.5M | $2.2M | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 141.67 | +0.204% | $3.7M | $692K | — | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 141.24 | −0.097% | $13K | $444 | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 141.31 | −0.046% | $812K | $306K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 141.47 | +0.064% | $77.7M | $27.9M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 141.40 | +0.014% | $1.2M | $1.1M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 141.30 | −0.057% | $344K | $312K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 141.30 | −0.057% | $63.6M | $162.1M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 141.30 | −0.057% | $16.3M | $52.4M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 141.45 | +0.050% | $94K | $205K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 141.32 | −0.042% | $8.1M | $13.5M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 141.31 | −0.050% | $21.8M | $21.7M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 141.34 | −0.028% | $10.2M | $9.2M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 141.30 | −0.057% | $29.1M | $15.8M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 141.30 | −0.057% | — | $42.8M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 141.48 | +0.071% | $387K | $603K | 10x | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 141.47 | +0.065% | $109K | $283K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 141.72 | +0.238% | $453K | $3.1M | 10x | as long as short |
| Polymarket Perps AAVE-USDlong | +0.0100% | 1h | 141.38 | long leg | $133K | $370K | 10x | |
| SunX AAVE-USDT | +0.0100% | 8h | 141.30 | −0.054% | $1K | $1.1M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 141.73 | +0.247% | $658K | $1.4M | 75x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 141.78 | +0.283% | $164K | $106K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 141.25 | −0.094% | $913K | $1.4M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 141.32 | −0.046% | $119K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0112% | 1h | 141.38 | +0.003% | $171K | $206K | 10x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 141.46 | +0.057% | $3.3M | $3.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0240% | 1h | 141.87 | +0.347% | $752K | $2.2M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0253% / S −0.0360% | 1h | 141.39 | +0.010% | $110K | — | 100x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0307% | 1h | 141.38 | −0.003% | $3.5M | $1.9M | 50x | as long as short |
Phemex AAVEUSDT
Reya AAVERUSDPERP
Orderly PERP_AAVE_USDC
Lighter AAVE
Variational Omni AAVE
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
SunX AAVE-USDT
HTX AAVE-USDT
Bulk AAVE-USD
Extended AAVE-USD
Aevo AAVE-PERP
RISEx AAVE/USDC
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]
Kraken Futures PF_AAVEUSD