AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.37 per $10,000 · paid last 24h −0.031%

Price spread now: OKX against SunX+0.030%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1471.473% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.030%, 7d avg −0.015%

Together, before fees−0.265%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.045% dearer against SunX than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.015%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAVE-USDT	144.35	0.0100	pay 0.0100% / 8h	6h 48m	$2K	$1.3M	20x
Short	OKX AAVE-USDT-SWAP	144.39	0.0063	get 0.0063% / 8h	6h 48m	$17.5M	$66.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$7.75
Price spread: +0.030% → −0.015%: $4.51
Slippage, 4 orders: −$129.33
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$150.56
Costs to cover: 1.473%
Break-even: never at this rate

Slippage from SunX: live order book, 6 min ago; OKX: live order book, 5 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, 6 min ago	44.91 bp	66.2 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.35 bp	7.7 bp −$8	18.8 bp −$188	90.8 bp −$9,083	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
Deribit AAVE_USDC-PERPETUAL	−1.9765%	1h	141.50	−1.972%	$246K	$362K	50x	as long as short
ApeX Omni AAVEUSDT	−0.0166%	1h	144.26	−0.060%	$134K	$230K	50x	as long as short
01 Exchange AAVEUSD	−0.0048%	1h	144.45	+0.071%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.49	+0.101%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.60	+0.177%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.51	+0.113%	$65K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.41	+0.044%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.68	+0.231%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.118%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	144.38	+0.023%	$27.6M	$24.7M	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	+0.0039%	8h	144.36	+0.009%	$65.1M	$184.8M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0043%	8h	144.36	+0.009%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.29	−0.038%	—	—	20x	as long as short
OKX AAVE-USDT-SWAPshort	+0.0063%	8h	144.39	+0.030%	$17.5M	$66.1M	50x
Aevo AAVE-PERP	+0.0088%	1h	144.42	+0.050%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.48	+0.093%	$183K	$231K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.75	+0.279%	$4.6M	$1.4M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.53	+0.127%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.47	+0.085%	$800K	$427K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.50	+0.106%	$78.5M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.52	+0.120%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.59	+0.170%	$330K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.38	+0.023%	$61.8M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.46	+0.078%	$45K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.56	+0.148%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.35	+0.002%	$7.8M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.47	+0.085%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.39	+0.030%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.37	+0.016%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.69	+0.238%	$325K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.23	−0.079%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.86	−0.336%	$104K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.95	−0.277%	$455K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.47	+0.085%	$125K	$417K	10x	as long as short
SunX AAVE-USDTlong	+0.0100%	8h	144.35	long leg	$2K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	144.42	+0.051%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.07	+0.502%	$704K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.59	+0.168%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.39	+0.030%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.127%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.38	+0.021%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.89	+0.376%	$777K	$2.9M	50x	as long as short