AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.023%

Price spread now: Injective against Lighter−2.888%96s7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · 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 2.888% cheaper against Lighter than usual: you would sell low and buy high (−$289 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 96 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	Lighter AAVE	141.03	0.0096	pay 0.0012% / 1h	23m 52s	$4.5M	$2.5M	10x
Short	Injective AAVE/USDC PERP	136.96	0.0033	get 0.0004% / 1h	23m 52s	$422	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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 LighterbpFee InjectivebpOrdersPrice spread, now −2.888%Rate

Funding earned: −$13.16
Price spread: −2.888% → 0.000%: −$288.8
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$301.98
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 9 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 Lighter live order book, 9 min ago	2.87 bp	8.8 bp −$9	23.1 bp −$231	53.0 bp −$5,302	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
dYdX AAVE-USD	0.0000%	1h	140.96	−0.054%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	140.90	−0.094%	$45K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	140.96	−0.052%	$213K	$392K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	140.92	−0.078%	$78K	—	150x	as long as short
Injective AAVE/USDC PERPshort	+0.0033%	1h	136.96	−2.888%	$422	$51K	12x
Reya AAVERUSDPERP	+0.0044%	1h	140.89	−0.103%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0082%	8h	140.91	−0.087%	$17K	$8K	10x	as long as short
Lighter AAVElong	+0.0096%	1h	141.03	long leg	$4.5M	$2.5M	10x
Paradex AAVE-USD-PERP	+0.0100%	8h	140.85	−0.133%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	140.85	−0.126%	$822K	$397K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid AAVE	+0.0100%	1h	140.99	−0.030%	$77.0M	$37.0M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	140.87	−0.113%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	140.89	−0.100%	$328K	$391K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	140.87	−0.116%	$63.1M	$191.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	140.90	−0.094%	$60.5M	$69.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	140.88	−0.108%	$16.6M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	141.00	−0.023%	$91K	$221K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.09	+0.039%	$163K	$106K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	140.96	−0.052%	$8.0M	$16.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	140.93	−0.073%	$22.9M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	140.95	−0.059%	$10.1M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.87	−0.116%	$28.6M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	140.92	−0.080%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	140.88	−0.109%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.09	+0.044%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.16	+0.093%	$443K	$3.6M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.08	+0.033%	$131K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	140.96	−0.052%	$133K	$483K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	140.91	−0.088%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	140.92	−0.080%	$5K	$297K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.04	+0.006%	$666K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	140.95	−0.059%	$3.9M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.89	−0.103%	$910K	$1.8M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	140.95	−0.059%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	140.96	−0.055%	$119K	$146	10x	as long as short
Phoenix AAVE	+0.0152%	1h	140.98	−0.038%	$5K	$98K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	140.89	−0.101%	$3.3M	$3.5M	100x	as long as short
RISEx AAVE/USDC	+0.0245%	1h	140.91	−0.085%	$187K	$291K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0248%	1h	141.07	+0.026%	$384K	$732K	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0360%	1h	140.94	−0.068%	$110K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0256%	1h	141.15	+0.083%	$751K	$2.7M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0272%	1h	140.98	−0.038%	$3.3M	$2.1M	50x	as long as short