Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.011%
Price spread now: Injective against Variational Omni−3.971%61s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.971% cheaper against Variational Omni than usual: you would sell low and buy high (−$397 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | Variational Omni AAVE | 142.62 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $3.7M | $1.3M | — |
| Short | Injective AAVE/USDC PERP | 136.96 | 0.0033 | get 0.0004% / 1h | 12m 26s | $422 | $51K | 12x |
Variational Omni AAVE
Injective AAVE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −3.971% → 0.000%
- −$397.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$411.17
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Injective: no order-book sample. Net counts fees only.
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 Variational Omni RFQ quote, 2 min ago | 3.09 bp | doesn't fit | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex AAVEUSDT | −0.0194% | 8h | 142.52 | −0.073% | $3.9M | $3.6M | 50x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 142.55 | −0.049% | $103K | $4K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 142.52 | −0.073% | $50K | $1.4M | 3.4x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | 0.0000% | 1h | 142.82 | +0.137% | $211K | $383K | 50x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 142.78 | +0.109% | $81K | — | 150x | as long as short |
| Injective AAVE/USDC PERPshort | +0.0033% | 1h | 136.96 | −3.971% | $422 | $51K | 12x | |
| Reya AAVERUSDPERP | +0.0044% | 1h | 142.42 | −0.142% | — | — | 20x | as long as short |
| 01 Exchange AAVEUSD | +0.0072% | 1h | 142.71 | +0.060% | $10K | $2K | 5x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0092% | 8h | 142.79 | +0.116% | $17K | $6K | 10x | as long as short |
| Phoenix AAVE | +0.0096% | 1h | 142.67 | +0.032% | $4K | $99K | 10x | as long as short |
Phemex AAVEUSDT
dYdX AAVE-USD
Kalshi KXAAVEPERP
Deribit AAVE_USDC-PERPETUAL
gTrade (Gains Network) AAVE/USD
Reya AAVERUSDPERP
01 Exchange AAVEUSD
Orderly PERP_AAVE_USDC
Phoenix AAVEShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 142.60 | −0.016% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 142.59 | −0.022% | $837K | $385K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 142.87 | +0.172% | $78.1M | $36.7M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 142.78 | +0.113% | $1.2M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 142.62 | −0.003% | $348K | $408K | 10x | as long as short |
| Binance AAVEUSDT | +0.0100% | 8h | 142.78 | +0.113% | $63.8M | $188.4M | 75x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 142.81 | +0.130% | $61.5M | $67.4M | 75x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0100% | 8h | 142.76 | +0.095% | $16.5M | $63.6M | 50x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 142.78 | +0.109% | $95K | $226K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 142.41 | −0.150% | $164K | $106K | 10x | as long as short |
| Gate AAVE_USDT | +0.0100% | 8h | 142.72 | +0.067% | $8.1M | $16.5M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0100% | 8h | 142.72 | +0.067% | $22.7M | $24.3M | 200x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 142.74 | +0.081% | $10.3M | $9.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 142.80 | +0.123% | $29.0M | $17.6M | 75x | as long as short |
| BingX AAVE-USDC | +0.0100% | 8h | 142.76 | +0.095% | — | $6.5M | — | as long as short |
| Variational Omni AAVElong | +0.0100% | 8h | 142.62 | long leg | $3.7M | $1.3M | — | |
| edgeX AAVEUSDC | +0.0100% | 4h | 142.47 | −0.108% | $110K | $285K | 20x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0100% | 8h | 142.28 | −0.242% | $455K | $3.5M | 10x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 142.48 | −0.101% | $132K | $219K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 142.77 | +0.102% | $135K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 142.63 | +0.007% | $2K | $1.3M | 20x | as long as short |
| SoDEX AAVE-USD | +0.0100% | 1h | 142.78 | +0.109% | $6K | $291K | 10x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 142.60 | −0.014% | $671K | $5.3M | 75x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 142.74 | +0.081% | $916K | $1.8M | 50x | as long as short |
| Aevo AAVE-PERP | +0.0104% | 1h | 142.82 | +0.141% | $121K | $146 | 10x | as long as short |
| Lighter AAVE | +0.0120% | 1h | 142.81 | +0.129% | $4.6M | $2.6M | 10x | as long as short |
| Backpack AAVE_USDC_PERP | +0.0202% | 1h | 142.65 | +0.018% | $388K | $733K | 10x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0216% | 1h | 142.81 | +0.130% | $760K | $2.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0220% | 8h | 142.38 | −0.171% | $3.2M | $3.5M | 100x | as long as short |
| RISEx AAVE/USDC | +0.0223% | 1h | 142.71 | +0.062% | $173K | $292K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0246% | 1h | 142.86 | +0.165% | $3.4M | $2.1M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0252% / S −0.0360% | 1h | 142.79 | +0.116% | $111K | — | 100x | as long as short |
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Binance AAVEUSDT
Bybit AAVEUSDT
OKX AAVE-USDT-SWAP
Arcus AAVE-USD
Bulk AAVE-USD
Gate AAVE_USDT
MEXC AAVE_USDT
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDC
edgeX AAVEUSDC
GRVT AAVE_USDT_Perp
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
SoDEX AAVE-USD
HTX AAVE-USDT
Extended AAVE-USD
Aevo AAVE-PERP
Lighter AAVE
Backpack AAVE_USDC_PERP
Coinbase International AAVE-PERP-INTX
BloFin AAVE-USDT
RISEx AAVE/USDC
Kraken Futures PF_AAVEUSD
GMX AAVE/USD [AAVE-USDC]