AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0206%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.055%

Price spread now: Pacifica against SoDEX+0.103%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on SoDEX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.087%+$9 on $10k

Price spread, last 3 days (all we have)−0.182%−$18 · spread now +0.103%, 7d avg +0.026%

Together, before fees−0.096%+ Points / potential airdropPacifica: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Pacifica is 0.077% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	145.97	−0.0106	get 0.0013% / 1h	34m 40s	$5K	$305K	10x
Short	Pacifica AAVE	146.12	0.0100	get 0.0013% / 1h	34m 40s	$334K	$503K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.103%Rate

Funding earned: $43.2
Price spread: +0.103% → +0.026%: $7.69
Slippage, 4 orders: −$8.42
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $26.47
Costs to cover: 0.244%
Break-even: 2.7 days

Slippage from SoDEX: live order book, 39 min ago; Pacifica: live order book, 39 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, 39 min ago	0.34 bp	5.3 bp −$5	10.4 bp −$104	95.3 bp −$9,532	doesn't fit
Sell Pacifica live order book, 39 min ago	2.39 bp	6.5 bp −$7	doesn't fit	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
Kraken Futures PF_AAVEUSD	−0.0184%	1h	146.09	+0.084%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0144%	1h	146.18	+0.144%	$11K	$2K	5x	as long as short
SoDEX AAVE-USDlong	−0.0106%	1h	145.97	long leg	$5K	$305K	10x
Deribit AAVE_USDC-PERPETUAL	−0.0024%	1h	146.01	+0.027%	$255K	$369K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.21	+0.161%	$104K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.88	−0.062%	$77K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	145.87	−0.069%	$5K	$102K	10x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.93	−0.026%	$71K	—	150x	as long as short
Binance AAVEUSDT	+0.0020%	8h	146.09	+0.082%	$66.2M	$185.5M	75x	as long as short
MEXC AAVE_USDT	+0.0021%	8h	146.07	+0.069%	$29.2M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.173%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.77	−0.135%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	145.95	−0.014%	$18K	$10K	10x	as long as short
Gate AAVE_USDT	+0.0049%	8h	146.11	+0.096%	$7.9M	$15.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0060%	8h	146.10	+0.089%	$17.9M	$66.9M	50x	as long as short
Bybit AAVEUSDT	+0.0065%	8h	146.08	+0.075%	$62.5M	$65.4M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0067%	1h	146.03	+0.041%	$136K	$230K	50x	as long as short
GRVT AAVE_USDT_Perp	+0.0069%	8h	145.92	−0.034%	$462K	$3.9M	10x	as long as short
BloFin AAVE-USDT	+0.0085%	8h	145.81	−0.110%	$3.5M	$4.0M	100x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.97	+0.003%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.30	+0.227%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.12	+0.106%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.79	−0.123%	$797K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.22	+0.171%	$79.8M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.18	+0.144%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	146.12	+0.103%	$334K	$503K	10x
Arcus AAVE-USD	+0.0100%	1h	146.20	+0.158%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.72	−0.171%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.07	+0.069%	$10.1M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.04	+0.048%	$30.3M	$18.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.09	+0.082%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.07	+0.069%	$333K	$741K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.87	−0.067%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.87	−0.067%	$105K	$317K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.87	−0.069%	$128K	$427K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.81	−0.113%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.13	+0.108%	$710K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.95	−0.014%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.08	+0.072%	$932K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	146.23	+0.179%	$185K	$246K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	145.92	−0.033%	$127K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.14	+0.116%	$786K	$3.1M	50x	as long as short