AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.011%

Price spread now: BloFin against SunX+0.074%115s7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1501.495% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.074%, 7d avg +0.005%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.069% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAVE-USDT	142.69	0.0100	pay 0.0100% / 8h	4h 23m	$1K	$1.3M	20x
Short	BloFin AAVE-USDT	142.80	0.0220	get 0.0220% / 8h	4h 23m	$3.3M	$3.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now +0.074%Rate

Funding earned: $25.2
Price spread: +0.074% → +0.005%: $6.91
Slippage, 4 orders: −$129.55
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$117.44
Costs to cover: 1.495%
Break-even: 39.6 days

Slippage from SunX: live order book, 11 min ago; BloFin: live order book, 10 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 SunX live order book, 11 min ago	44.87 bp	66.4 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 10 min ago	0.70 bp	9.7 bp −$10	16.8 bp −$168	49.2 bp −$4,923	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
01 Exchange AAVEUSD	−0.0144%	1h	142.68	−0.010%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.89	+0.139%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.86	+0.116%	$46K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.79	+0.067%	$219K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.76	+0.048%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0010%	1h	142.70	+0.008%	$841K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.018%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.67	−0.020%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	142.76	+0.046%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.92	+0.158%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	142.87	+0.124%	$4.5M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.77	+0.055%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	142.83	+0.095%	$76.9M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.75	+0.038%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.81	+0.081%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.73	+0.025%	$63.8M	$186.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.71	+0.011%	$61.0M	$67.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.75	+0.039%	$17.1M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.84	+0.102%	$64K	$205K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.130%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.74	+0.032%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.72	+0.018%	$25.1M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.73	+0.025%	$10.5M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.66	−0.024%	$29.0M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.71	+0.011%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.98	+0.200%	$337K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.60	−0.067%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.74	+0.033%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.67	−0.018%	$459K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.82	+0.088%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.75	+0.039%	$125K	$386K	10x	as long as short
SunX AAVE-USDTlong	+0.0100%	8h	142.69	long leg	$1K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	142.80	+0.074%	$5K	$292K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.98	+0.198%	$688K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.81	+0.081%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.75	+0.038%	$896K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.82	+0.090%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.76	+0.047%	$178K	$242K	10x	as long as short
BloFin AAVE-USDTshort	+0.0220%	8h	142.80	+0.074%	$3.3M	$3.6M	100x
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.76	+0.048%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.88	+0.133%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.95	+0.179%	$793K	$2.8M	50x	as long as short