AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.006%

Price spread now: RISEx against Lighter−0.122%7-day average −0.129% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$150.155% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$4 on $10k

Price spread, last 4 days (all we have)−0.162%−$16 · spread now −0.122%, 7d avg −0.129%

Together, before fees−0.207%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.129%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAVE	144.05	0.0096	pay 0.0012% / 1h	54m 37s	$4.6M	$2.1M	10x
Short	RISEx AAVE/USDC	143.87	0.0132	get 0.0016% / 1h	54m 37s	$185K	$250K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.122%Rate

Funding earned: $7.49
Price spread: −0.122% → −0.129%: $0.7
Slippage, 4 orders: −$9.46
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$7.27
Costs to cover: 0.155%
Break-even: 13.8 days

Slippage from Lighter: live order book, 3 min ago; RISEx: live order book, 64 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, 3 min ago	3.31 bp	3.5 bp −$4	16.3 bp −$163	48.5 bp −$4,853	doesn't fit
Sell RISEx live order book, 64 min ago	1.30 bp	4.3 bp −$4	12.0 bp −$120	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
dYdX AAVE-USD	0.0000%	1h	143.95	−0.067%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.85	−0.137%	$54K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.94	−0.075%	$221K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.96	−0.058%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.921%	$422	$51K	12x	as long as short
Phemex AAVEUSDT	+0.0039%	8h	143.92	−0.089%	$4.0M	$3.7M	50x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.86	−0.133%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.95	−0.068%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.71	−0.235%	$4K	$106K	10x	as long as short
Nado AAVE-PERP	+0.0056%	1h	143.85	−0.134%	$846K	$404K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVElong	+0.0096%	1h	144.05	long leg	$4.6M	$2.1M	10x
Paradex AAVE-USD-PERP	+0.0100%	8h	143.91	−0.093%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.02	−0.021%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.97	−0.054%	$329K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.95	−0.068%	$64.4M	$187.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.86	−0.131%	$61.8M	$67.7M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.87	−0.124%	$17.2M	$64.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.95	−0.068%	$64K	$200K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.81	−0.165%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.89	−0.110%	$8.2M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.91	−0.096%	$25.1M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.01	−0.026%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.83	−0.151%	$29.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.89	−0.110%	—	$43.8M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	143.38	−0.464%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.58	−0.325%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.54	−0.354%	$462K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.60	−0.311%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.91	−0.096%	$125K	$439K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.97	−0.057%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.99	−0.040%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.93	−0.080%	$692K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.80	−0.169%	$911K	$1.8M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.94	−0.076%	$122K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	143.87	−0.124%	$11K	$2K	5x	as long as short
RISEx AAVE/USDCshort	+0.0132%	1h	143.87	−0.122%	$185K	$250K	10x
Backpack AAVE_USDC_PERP	+0.0154%	1h	144.22	+0.119%	$339K	$720K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.95	−0.068%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0246%	1h	144.09	+0.031%	$3.5M	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.94	−0.078%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0360%	1h	143.82	−0.158%	$789K	$2.8M	50x	as long as short
Hyperliquid AAVE	+0.0423%	1h	144.16	+0.078%	$79.3M	$36.7M	10x	as long as short