AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0256%/8h= −28.0% APRnext payment −$0.32 per $10,000 · paid last 24h −0.294%

Price spread now: Deribit against RISEx−0.038%7-day average −0.023% · 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−$26as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.357%−$36 on $10k

Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.038%, 7d avg −0.023%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	143.28	0.0256	pay 0.0032% / 1h	49m 52s	$196K	$262K	10x
Short	Deribit AAVE_USDC-PERPETUAL	143.23	0	get 0.0000% / 1h	49m 52s	$218K	$396K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. 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 RISExbpFee DeribitbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$53.72
Price spread: −0.038% → −0.023%: −$1.46
Slippage, 4 orders: −$11.9
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$80.08
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from RISEx: live order book, 58 min ago; Deribit: live order book, 54 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 RISEx live order book, 58 min ago	1.40 bp	4.4 bp −$4	10.3 bp −$103	doesn't fit	doesn't fit
Sell Deribit live order book, 54 min ago	4.55 bp	8.1 bp −$8	15.5 bp −$155	doesn't fit	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	−0.148%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.13	−0.108%	$50K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUALshort	0.0000%	1h	143.23	−0.038%	$218K	$396K	50x
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.21	−0.049%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.414%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.20	−0.057%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0053%	1h	142.81	−0.331%	$830K	$400K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0076%	8h	143.21	−0.052%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.18	−0.073%	$4K	$108K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.18	−0.075%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AAVEUSDT	+0.0100%	8h	143.00	−0.199%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.18	−0.075%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.94	−0.242%	$64.4M	$191.9M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.94	−0.240%	$61.5M	$68.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.93	−0.247%	$17.1M	$65.6M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.32	+0.025%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	−0.280%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.98	−0.213%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.97	−0.219%	$25.1M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.97	−0.219%	$10.3M	$9.4M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.06	−0.157%	$29.3M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.95	−0.233%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.29	+0.004%	$336K	$725K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.91	−0.260%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.98	−0.212%	$107K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.97	−0.221%	$452K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.95	−0.233%	$133K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.28	−0.003%	$142K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.21	−0.055%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.24	−0.031%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.38	+0.069%	$680K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.24	−0.031%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.94	−0.239%	$911K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.24	−0.031%	$121K	$146	10x	as long as short
Lighter AAVE	+0.0128%	1h	143.35	+0.046%	$4.5M	$2.4M	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	143.29	+0.004%	$10K	$2K	5x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.99	−0.206%	$3.3M	$3.6M	100x	as long as short
Hyperliquid AAVE	+0.0243%	1h	143.28	−0.003%	$78.3M	$37.2M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.23	−0.037%	$112K	—	100x	as long as short
RISEx AAVE/USDClong	+0.0256%	1h	143.28	long leg	$196K	$262K	10x
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	143.23	−0.038%	$763K	$2.9M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0315%	1h	143.31	+0.017%	$3.4M	$2.1M	50x	as long as short