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: Hyperliquid against Injective+6.987%73s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Hyperliquid

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 6.987% dearer against Injective than usual: you sell high and buy low: +$699 more if the spread goes back to zero (this spread has no 7-day history yet). 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	Injective AAVE/USDC PERP	136.96	0.0033	pay 0.0004% / 1h	16m 08s	$422	$51K	12x
Short	Hyperliquid AAVE	146.53	0.0100	get 0.0013% / 1h	16m 08s	$80.8M	$34.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now +6.987%Rate

Funding earned: $14
Price spread: +6.987% → 0.000%: $698.69
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $703.67
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 8 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 8 min ago	1.72 bp	6.5 bp −$7	10.9 bp −$109	doesn't fit	doesn't fit

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	+6.863%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0091%	1h	146.41	+6.900%	$256K	$389K	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	146.41	+6.900%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	146.39	+6.885%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.45	+6.927%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.41	+6.900%	$85K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.47	+6.943%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.45	+6.931%	$71K	—	150x	as long as short
Injective AAVE/USDC PERPlong	+0.0033%	1h	136.96	long leg	$422	$51K	12x
Binance AAVEUSDT	+0.0038%	8h	146.45	+6.929%	$66.7M	$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	146.37	+6.871%	$29.9M	$26.1M	200x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.37	+6.873%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.35	+6.856%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0070%	8h	146.35	+6.856%	$17.9M	$67.8M	50x	as long as short
Gate AAVE_USDT	+0.0076%	8h	146.42	+6.907%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.41	+6.900%	$124K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.60	+7.040%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	146.38	+6.881%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	146.36	+6.863%	$806K	$442K	10x	as long as short
Hyperliquid AAVEshort	+0.0100%	1h	146.53	+6.987%	$80.8M	$34.7M	10x
Aster AAVEUSDT	+0.0100%	8h	146.45	+6.926%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	146.44	+6.922%	$334K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	146.38	+6.878%	$62.4M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.41	+6.900%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.23	+6.771%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.40	+6.893%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.33	+6.841%	$30.5M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.39	+6.885%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.49	+6.958%	$348K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.36	+6.866%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.17	+6.725%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.26	+6.787%	$468K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.24	+6.776%	$136K	$230K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.47	+6.944%	$128K	$457K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.38	+6.880%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.46	+6.935%	$693K	$5.1M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.43	+6.914%	$4.2M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.32	+6.836%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.45	+6.926%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0155%	8h	146.44	+6.922%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.44	+6.923%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.59	+7.031%	$791K	$3.0M	50x	as long as short