AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.027%

Price spread now: Hyperliquid against Aevo+0.105%7-day average +0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1141.143% of the position

Long on Aevo Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)−0.209%−$21 · spread now +0.105%, 7d avg +0.082%

Together, before fees−0.208%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.023% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AAVE-PERP	144.92	0.0088	pay 0.0011% / 1h	39m 16s	$122K	$146	10x
Short	Hyperliquid AAVE	145.07	0.0100	get 0.0013% / 1h	39m 16s	$79.7M	$34.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aevo. 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 AevobpFee HyperliquidbpOrdersPrice spread, now +0.105%Rate

Funding earned: $2.52
Price spread: +0.105% → +0.082%: $2.25
Slippage, 4 orders: −$89.28
Fee Aevo: 8 bp × 2 orders: −$16
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$109.51
Costs to cover: 1.143%
Break-even: 311.2 days

Slippage from Aevo: live order book, 44 min ago; Hyperliquid: live order book, 4 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 Aevo live order book, 44 min ago	34.26 bp	48.4 bp −$48	288.9 bp −$2,889	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.69 bp	8.5 bp −$9	14.2 bp −$142	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
01 Exchange AAVEUSD	−0.0184%	1h	144.93	+0.008%	$11K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0079%	1h	144.88	−0.026%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0045%	1h	144.79	−0.088%	$5K	$100K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0026%	1h	144.92	+0.001%	$254K	$480K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.93	+0.006%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.88	−0.026%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.00	+0.053%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.491%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0034%	8h	144.94	+0.015%	$31.1M	$25.7M	200x	as long as short
Binance AAVEUSDT	+0.0035%	8h	144.87	−0.034%	$65.8M	$185.4M	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	144.92	+0.004%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	144.99	+0.052%	$180K	$246K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0050%	8h	144.92	+0.001%	$17.5M	$66.5M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	144.88	−0.026%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	144.96	+0.030%	$3.5M	$2.1M	50x	as long as short
Gate AAVE_USDT	+0.0066%	8h	144.96	+0.029%	$7.8M	$15.8M	75x	as long as short
Bulk AAVE-USD	+0.0080%	1h	144.69	−0.160%	$61K	$3K	10x	as long as short
Aevo AAVE-PERPlong	+0.0088%	1h	144.92	long leg	$122K	$146	10x
GRVT AAVE_USDT_Perp	+0.0091%	8h	144.65	−0.185%	$462K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.04	+0.083%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.91	−0.008%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.91	−0.002%	$802K	$436K	10x	as long as short
Hyperliquid AAVEshort	+0.0100%	1h	145.07	+0.105%	$79.7M	$34.1M	10x
Aster AAVEUSDT	+0.0100%	8h	144.95	+0.022%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.93	+0.011%	$330K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.92	+0.001%	$61.5M	$65.6M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.93	+0.008%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.94	+0.015%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.91	−0.006%	$30.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.94	+0.015%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.89	−0.019%	$382K	$710K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.69	−0.158%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.63	−0.199%	$103K	$314K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.72	−0.137%	$135K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.02	+0.070%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.92	+0.004%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.99	+0.050%	$695K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.79	−0.088%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.86	−0.043%	$929K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0139%	8h	144.86	−0.040%	$3.4M	$4.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	144.99	+0.052%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.10	+0.126%	$783K	$3.0M	50x	as long as short