AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.054%

Price spread now: Nado against SoDEX−0.031%7-day average −0.020% · 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−$250.253% of the position

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.031%, 7d avg −0.020%

Together, before fees−0.007%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	146.05	0.0020	pay 0.0003% / 1h	44m 49s	$5K	$298K	10x
Short	Nado AAVE-PERP	146.00	0.0100	get 0.0012% / 1h	44m 49s	$808K	$439K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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 SoDEXbpFee NadobpOrdersPrice spread, now −0.031%Rate

Funding earned: $16.79
Price spread: −0.031% → −0.020%: −$1.11
Slippage, 4 orders: −$10.29
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$9.61
Costs to cover: 0.253%
Break-even: 11.0 days

Slippage from SoDEX: live order book, 34 min ago; Nado: live order book, 33 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 SoDEX live order book, 34 min ago	0.34 bp	5.0 bp −$5	9.3 bp −$93	94.0 bp −$9,397	doesn't fit
Sell Nado live order book, 33 min ago	1.38 bp	7.9 bp −$8	17.2 bp −$172	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
Phoenix AAVE	−0.0027%	1h	146.19	+0.096%	$5K	$99K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.07	+0.014%	$255K	$406K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.08	+0.021%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.09	+0.027%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.18	+0.089%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.09	+0.031%	$71K	—	150x	as long as short
SoDEX AAVE-USDlong	+0.0020%	1h	146.05	long leg	$5K	$298K	10x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.224%	$422	$51K	12x	as long as short
01 Exchange AAVEUSD	+0.0040%	1h	146.08	+0.021%	$11K	$2K	5x	as long as short
MEXC AAVE_USDT	+0.0044%	8h	145.98	−0.048%	$30.7M	$25.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	146.04	−0.010%	—	—	20x	as long as short
Binance AAVEUSDT	+0.0045%	8h	146.00	−0.034%	$66.5M	$185.5M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	146.04	−0.007%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0071%	8h	145.97	−0.055%	$17.8M	$67.4M	50x	as long as short
Gate AAVE_USDT	+0.0079%	8h	146.02	−0.021%	$7.8M	$15.8M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.07	+0.016%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.17	+0.085%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.02	−0.018%	$14K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	146.00	−0.031%	$808K	$439K	10x
Aster AAVEUSDT	+0.0100%	8h	146.04	−0.007%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.06	+0.008%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.00	−0.034%	$62.3M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.05	0.000%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.49	+0.303%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.98	−0.048%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.98	−0.048%	$30.5M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.99	−0.041%	—	$44.0M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	146.22	+0.114%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.29	+0.162%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.32	+0.185%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.94	−0.075%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.12	+0.048%	$128K	$456K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.02	−0.019%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.10	+0.031%	$699K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.11	+0.041%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.92	−0.090%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.09	+0.025%	$186K	$246K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0147%	1h	146.14	+0.062%	$359K	$737K	10x	as long as short
Hyperliquid AAVE	+0.0158%	1h	146.16	+0.075%	$80.7M	$34.5M	10x	as long as short
BloFin AAVE-USDT	+0.0165%	8h	145.98	−0.048%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.09	+0.030%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.43	+0.260%	$795K	$3.0M	50x	as long as short