Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.026%
Price spread now: Hyperliquid against Lighter−0.080%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.080%, 7d avg −0.043%
=Together, before fees−0.066%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.037% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AAVE | 145.37 | 0.0096 | pay 0.0012% / 1h | 15m 14s | $4.7M | $1.6M | 10x |
| Short | Hyperliquid AAVE | 145.25 | 0.0100 | get 0.0013% / 1h | 15m 14s | $79.8M | $33.8M | 10x |
Lighter AAVE
Hyperliquid AAVEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter. 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
- $0.84
- Price spread: −0.080% → −0.043%
- −$3.74
- Slippage, 4 orders
- −$15.7
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$27.6
- Costs to cover
- 0.247%
- Break-even
- 237.0 days
Slippage from Lighter: live order book, 8 min ago; Hyperliquid: live order book, 8 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 Lighter live order book, 8 min ago | 1.93 bp | 2.0 bp −$2 | 7.2 bp −$72 | 35.3 bp −$3,532 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.34 bp | 8.9 bp −$9 | 13.9 bp −$139 | 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 | −0.0136% | 1h | 145.15 | −0.149% | $11K | $2K | 5x | as long as short |
| Deribit AAVE_USDC-PERPETUAL | −0.0094% | 1h | 145.12 | −0.170% | $255K | $465K | 50x | as long as short |
| Phoenix AAVE | −0.0045% | 1h | 145.16 | −0.142% | $5K | $100K | 10x | as long as short |
| SoDEX AAVE-USD | −0.0038% | 1h | 145.15 | −0.149% | $5K | $298K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 145.11 | −0.180% | $104K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 145.21 | −0.108% | $68K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 145.18 | −0.128% | $70K | — | 150x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −5.783% | $422 | $51K | 12x | as long as short |
| MEXC AAVE_USDT | +0.0036% | 8h | 145.11 | −0.177% | $30.8M | $25.9M | 200x | as long as short |
| Binance AAVEUSDT | +0.0036% | 8h | 145.16 | −0.143% | $66.1M | $185.3M | 75x | as long as short |
01 Exchange AAVEUSD
Deribit AAVE_USDC-PERPETUAL
Phoenix AAVE
SoDEX AAVE-USD
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Injective AAVE/USDC PERP
MEXC AAVE_USDT
Binance AAVEUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya AAVERUSDPERP | +0.0044% | 1h | 145.11 | −0.180% | — | — | 20x | as long as short |
| RISEx AAVE/USDC | +0.0046% | 1h | 145.19 | −0.124% | $181K | $243K | 10x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0051% | 8h | 145.11 | −0.177% | $18K | $12K | 10x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0054% | 1h | 145.32 | −0.031% | $3.5M | $2.1M | 50x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0055% | 8h | 145.14 | −0.156% | $17.5M | $66.7M | 50x | as long as short |
| Gate AAVE_USDT | +0.0064% | 8h | 145.12 | −0.170% | $7.8M | $15.9M | 75x | as long as short |
| Aevo AAVE-PERP | +0.0088% | 1h | 145.15 | −0.149% | $123K | $146 | 10x | as long as short |
| Lighter AAVElong | +0.0096% | 1h | 145.37 | long leg | $4.7M | $1.6M | 10x | |
| GRVT AAVE_USDT_Perp | +0.0097% | 8h | 145.01 | −0.243% | $458K | $3.8M | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 145.11 | −0.179% | $14K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 145.11 | −0.177% | $803K | $437K | 10x | as long as short |
| Hyperliquid AAVEshort | +0.0100% | 1h | 145.25 | −0.080% | $79.8M | $33.8M | 10x | |
| Aster AAVEUSDT | +0.0100% | 8h | 145.21 | −0.110% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 145.14 | −0.156% | $331K | $504K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 145.14 | −0.156% | $61.7M | $65.8M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 145.15 | −0.149% | $50K | $273K | 10x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 145.07 | −0.202% | $61K | $3K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 145.13 | −0.163% | $9.9M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 145.15 | −0.149% | $30.3M | $18.3M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 145.11 | −0.177% | — | $44.0M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 145.18 | −0.129% | $347K | $726K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 145.10 | −0.186% | $3.8M | $1.4M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.96 | −0.279% | $104K | $317K | 20x | as long as short |
| ApeX Omni AAVEUSDT | +0.0100% | 1h | 144.94 | −0.294% | $135K | $228K | 50x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 145.19 | −0.122% | $127K | $467K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 145.07 | −0.202% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDT | +0.0100% | 8h | 145.44 | +0.048% | $696K | $5.0M | 75x | as long as short |
| Phemex AAVEUSDT | +0.0100% | 8h | 145.14 | −0.156% | $4.1M | $3.8M | 50x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 145.09 | −0.194% | $931K | $1.7M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0145% | 8h | 145.12 | −0.170% | $3.5M | $4.0M | 100x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0267% / S −0.0438% | 1h | 145.18 | −0.131% | $125K | — | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0272% | 1h | 145.06 | −0.211% | $787K | $3.0M | 50x | as long as short |
Reya AAVERUSDPERP
RISEx AAVE/USDC
Orderly PERP_AAVE_USDC
Kraken Futures PF_AAVEUSD
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
Aevo AAVE-PERP
GRVT AAVE_USDT_Perp
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
Bulk AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
ApeX Omni AAVEUSDT
Polymarket Perps AAVE-USD
SunX AAVE-USDT
HTX AAVE-USDT
Phemex AAVEUSDT
Extended AAVE-USD
BloFin AAVE-USDT
GMX AAVE/USD [AAVE-USDC]
Coinbase International AAVE-PERP-INTX