AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.044%

Price spread now: RISEx against SoDEX+0.006%7-day average +0.013% · 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−$18as in the Price arb table

costs, in and out, $10k−$170.171% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.045%+$5 on $10k

Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.006%, 7d avg +0.013%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.045% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	146.65	−0.0084	get 0.0011% / 1h	24m 42s	$5K	$305K	10x
Short	RISEx AAVE/USDC	146.66	0.0107	get 0.0013% / 1h	24m 42s	$186K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.006%Rate

Funding earned: $40.11
Price spread: +0.006% → +0.013%: −$0.69
Slippage, 4 orders: −$3.06
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $22.37
Costs to cover: 0.171%
Break-even: 3.1 days

Slippage from SoDEX: live order book, 49 min ago; RISEx: live order book, 48 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, 49 min ago	0.34 bp	5.3 bp −$5	10.4 bp −$104	95.3 bp −$9,532	doesn't fit
Sell RISEx live order book, 48 min ago	0.41 bp	3.4 bp −$3	8.8 bp −$88	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	146.75	+0.068%	$3.5M	$2.0M	50x	as long as short
Phemex AAVEUSDT	−0.0151%	8h	146.75	+0.068%	$4.2M	$3.8M	50x	as long as short
01 Exchange AAVEUSD	−0.0144%	1h	146.60	−0.034%	$11K	$2K	5x	as long as short
SoDEX AAVE-USDlong	−0.0084%	1h	146.65	long leg	$5K	$305K	10x
dYdX AAVE-USD	0.0000%	1h	146.73	+0.057%	$105K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.56	−0.061%	$79K	$1.5M	3.4x	as long as short
Phoenix AAVE	0.0000%	1h	146.31	−0.232%	$5K	$102K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	146.76	+0.075%	$256K	$369K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.76	+0.075%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0021%	8h	146.65	0.000%	$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
Binance AAVEUSDT	+0.0022%	8h	146.65	0.000%	$66.5M	$183.7M	75x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.608%	$422	$51K	12x	as long as short
Gate AAVE_USDT	+0.0040%	8h	146.70	+0.034%	$7.9M	$15.2M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.62	−0.022%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	146.71	+0.041%	$18K	$10K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0063%	8h	146.64	−0.007%	$18.0M	$66.7M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0078%	1h	146.28	−0.252%	$136K	$231K	50x	as long as short
BloFin AAVE-USDT	+0.0085%	8h	146.65	0.000%	$3.5M	$3.5M	100x	as long as short
Bybit AAVEUSDT	+0.0088%	8h	146.65	0.000%	$62.8M	$65.0M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.73	+0.057%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.85	+0.135%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.60	−0.037%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.59	−0.038%	$802K	$423K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.73	+0.055%	$80.0M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.73	+0.054%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.63	−0.011%	$335K	$502K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.62	−0.020%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.36	−0.201%	$61K	−$0	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.71	+0.041%	$10.3M	$8.8M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.63	−0.014%	$30.4M	$17.9M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.68	+0.020%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.76	+0.075%	$335K	$738K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.55	−0.068%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.32	−0.227%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.36	−0.200%	$461K	$3.8M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.68	+0.020%	$127K	$415K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.62	−0.018%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.90	+0.170%	$714K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.64	−0.005%	$938K	$1.7M	50x	as long as short
RISEx AAVE/USDCshort	+0.0107%	1h	146.66	+0.006%	$186K	$246K	10x
GMX AAVE/USD [AAVE-USDC]	L +0.0233% / S −0.0363%	1h	146.75	+0.071%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	146.74	+0.061%	$787K	$2.9M	50x	as long as short