AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRnext payment −$0.14 per $10,000 · paid last 24h −0.348%

Price spread now: Deribit against 01 Exchange+0.096%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.096% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	145.82	0.0024	pay 0.0003% / 1h	42m 39s	$11K	$2K	5x
Short	Deribit AAVE_USDC-PERPETUAL	145.96	−0.0092	pay 0.0011% / 1h	42m 39s	$255K	$406K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against 01 Exchange. 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 01 ExchangebpFee DeribitbpOrdersPrice spread, now +0.096%Rate

Funding earned: −$24.36
Price spread: +0.096% → 0.000%: $9.6
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.76
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Deribit: live order book, 31 min ago. 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Deribit live order book, 31 min ago	5.17 bp	8.7 bp −$9	doesn't fit	doesn't fit	doesn't fit

01 Exchange: 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
Deribit AAVE_USDC-PERPETUALshort	−0.0092%	1h	145.96	+0.096%	$255K	$406K	50x
Phoenix AAVE	−0.0027%	1h	146.19	+0.254%	$5K	$99K	10x	as long as short
SoDEX AAVE-USD	−0.0017%	1h	145.89	+0.048%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.08	+0.179%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.15	+0.226%	$83K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.00	+0.126%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.04	+0.154%	$71K	—	150x	as long as short
01 Exchange AAVEUSDlong	+0.0024%	1h	145.82	long leg	$11K	$2K	5x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.076%	$422	$51K	12x	as long as short
Binance AAVEUSDT	+0.0044%	8h	145.90	+0.056%	$66.4M	$185.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.95	+0.087%	—	—	20x	as long as short
MEXC AAVE_USDT	+0.0045%	8h	145.82	0.000%	$30.6M	$25.7M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	145.93	+0.075%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0071%	8h	145.80	−0.014%	$17.8M	$67.4M	50x	as long as short
Gate AAVE_USDT	+0.0077%	8h	145.84	+0.014%	$7.9M	$15.8M	75x	as long as short
Lighter AAVE	+0.0096%	1h	146.05	+0.156%	$4.7M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	145.99	+0.115%	$123K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.81	−0.006%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.99	+0.117%	$807K	$439K	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.98	+0.108%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.94	+0.086%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.85	+0.021%	$62.2M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.83	+0.007%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.49	+0.461%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.95	+0.089%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.81	−0.007%	$30.5M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.84	+0.014%	—	$43.9M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	146.22	+0.272%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.06	+0.167%	$105K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.03	+0.146%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.08	+0.178%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.06	+0.165%	$127K	$457K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.96	+0.098%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.09	+0.187%	$699K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.95	+0.089%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.78	−0.028%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.88	+0.039%	$186K	$246K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0130%	1h	146.04	+0.151%	$359K	$737K	10x	as long as short
Hyperliquid AAVE	+0.0142%	1h	146.10	+0.192%	$80.6M	$34.6M	10x	as long as short
BloFin AAVE-USDT	+0.0165%	8h	145.97	+0.103%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.03	+0.146%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.23	+0.281%	$789K	$3.0M	50x	as long as short