AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.045%

Price spread now: Injective against Hyperliquid−6.531%73s7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · 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 6.531% cheaper against Hyperliquid than usual: you would sell low and buy high (−$653 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 73 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	Hyperliquid AAVE	146.53	0.0100	pay 0.0013% / 1h	15m 57s	$80.8M	$34.7M	10x
Short	Injective AAVE/USDC PERP	136.96	0.0033	get 0.0004% / 1h	15m 57s	$422	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hyperliquid. 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 HyperliquidbpFee InjectivebpOrdersPrice spread, now −6.531%Rate

Funding earned: −$14
Price spread: −6.531% → 0.000%: −$653.06
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$676.08
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago	1.72 bp	6.9 bp −$7	12.0 bp −$120	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
SoDEX AAVE-USD	−0.0092%	1h	146.36	−0.115%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0091%	1h	146.41	−0.081%	$256K	$389K	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	146.41	−0.081%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	146.39	−0.095%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.45	−0.056%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.41	−0.081%	$85K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.47	−0.041%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.45	−0.052%	$71K	—	150x	as long as short
Injective AAVE/USDC PERPshort	+0.0033%	1h	136.96	−6.531%	$422	$51K	12x
Binance AAVEUSDT	+0.0038%	8h	146.48	−0.034%	$66.8M	$186.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0038%	8h	146.40	−0.088%	$29.9M	$26.1M	200x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.37	−0.106%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.35	−0.122%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0070%	8h	146.42	−0.075%	$17.9M	$67.8M	50x	as long as short
Gate AAVE_USDT	+0.0076%	8h	146.42	−0.075%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.41	−0.081%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.60	+0.050%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.38	−0.099%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.36	−0.115%	$806K	$442K	10x	as long as short
Hyperliquid AAVElong	+0.0100%	1h	146.53	long leg	$80.8M	$34.7M	10x
Aster AAVEUSDT	+0.0100%	8h	146.48	−0.031%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.44	−0.061%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.43	−0.068%	$62.4M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.41	−0.081%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	−0.202%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.44	−0.061%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.41	−0.081%	$30.5M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	146.42	−0.075%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.49	−0.027%	$348K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.36	−0.113%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.17	−0.245%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.26	−0.187%	$468K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.24	−0.197%	$136K	$230K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.47	−0.040%	$128K	$457K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.38	−0.100%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.46	−0.049%	$693K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.43	−0.068%	$4.2M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.40	−0.090%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.45	−0.057%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0155%	8h	146.44	−0.061%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.44	−0.060%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.59	+0.041%	$791K	$3.0M	50x	as long as short