Funding arb · Price arb / Crypto

AAVE

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LONGLighter RH▾ApeX Omni −0.1497%Avantis −0.0208%Deribit −0.0085%Variational Omni −0.0065%Orderly −0.0052%Phoenix −0.0047%N1 −0.0040%AZverse −0.0034%Paradex −0.0032%Bybit −0.0030%Gate −0.0018%OKX −0.0002%dYdX 0.0000%Kalshi 0.0000%MEXC +0.0007%Binance +0.0008%KuCoin +0.0042%Polymarket Perps +0.0053%BloFin +0.0059%Lighter RH +0.0064%Aster +0.0069%GRVT +0.0075%Lighter +0.0080%Aevo +0.0080%Popdex +0.0096%Hyperliquid +0.0096%Nado +0.0100%Pacifica +0.0100%Arcus +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%Reya +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Phemex +0.0100%TxFlow +0.0100%Extended +0.0104%RISEx +0.0134%gTrade (Gains Network) +0.0473%GMX +0.1111%Injective +0.1396%

⇄⇅

SHORTKraken Futures▾Injective +0.1396%gTrade (Gains Network) −0.0775%Kraken Futures +0.0766%GMX −0.0198%RISEx +0.0134%Extended +0.0104%Pacifica +0.0100%Arcus +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%Reya +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Phemex +0.0100%TxFlow +0.0100%Nado +0.0100%Hyperliquid +0.0096%Popdex +0.0096%Lighter +0.0080%Aevo +0.0080%GRVT +0.0075%Aster +0.0069%BloFin +0.0059%Polymarket Perps +0.0053%KuCoin +0.0042%Binance +0.0008%MEXC +0.0007%dYdX 0.0000%Kalshi 0.0000%OKX −0.0002%Gate −0.0018%Bybit −0.0030%Paradex −0.0032%AZverse −0.0034%N1 −0.0040%Phoenix −0.0047%Orderly −0.0052%Variational Omni −0.0065%Deribit −0.0085%Avantis +0.0299%ApeX Omni −0.1497%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Lighter RHAAVE	119.64	+0.0064	pay 0.0008% / 1h	54m 43s	$104K	$395K	10x	Long Lighter RH+10% pts
SHORT	Kraken FuturesPF_AAVEUSD	119.49	+0.0766	get 0.0096% / 1h	54m 43s	$2.6M	$3.2M	50x	Short Kraken Futures

Price gap−0.124%

Funding gap+0.0702% /8h

Funding pays +$21 a day on $10k, but the gap is 0.089% under its 7d average: −$9 if it goes back, about 10 hours of funding.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.023% in total, about −0.0012%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.124%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

Lighter RHKraken Futures

AAVE on 45 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• !
  Watch: Thin at this size4.2 / 19.4 bp

  At $10k entering Kraken Futures costs 19.4 bp, fee and slippage, 4.7× Lighter RH’s.
• i
  Note: Margin at max leverage$1,000 + $200

  Lighter RH 10x, Kraken Futures 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Lighter RH · 1h−$1.92

  Short Kraken Futures · 1h+$22.99

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$21.07Long Lighter RH: 24 payments, −$1.92; short Kraken Futures: 24 payments, +$22.99.
• !
  Watch: Gap narrower than usual−0.124% vs −0.035%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$104K vs $2.6M OI

  Lighter RH sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legLighter RH Points live

  Volume here counts toward the points program.
• !
  Watch: KYCLighter RH No · Kraken Futures Yes

  Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0012%/8h × 21 periods−$2.52

Price spread−0.124% → −0.035% (7d avg)−$8.93

Slippage, 4 orderslive order books−$41.50

Fee Lighter RH bp × 2 orders$0.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$62.94

Costs to cover0.515%Break-evennever at this rate

Slippage: Lighter RH: live order book, 26 min ago; Kraken Futures: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGLighter RH3.694.2 bp−$416.3 bp−$163doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures11.6919.4 bp−$1933.8 bp−$338111.8 bp−$11.2Kdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

AAVE news

posts that mention AAVE, from every exchangeSearch all news →

10-23 14:30	Lighter RH	Listing	new market AAVE ($AAVE) seen by our collector
10-15 08:55	Reya	Listing	new market AAVERUSDPERP ($AAVE) seen by our collector
09-29 08:55	ApeX Omni	Other	50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-19 12:00	KuCoin	Other	Altseason 2026 hasn't officially started—CoinMarketCap's Altcoin Season Index sits near 44, well below the 75 threshold, and Bitcoin dominance is still holding around 58%. But a handful of names are already breaking away: HYPE and ZEC are leading on market cap and momentum, LINK and ONDO anchor the RWA/oracle narrative, while UNI, AAVE, XRP, PENGU, PONS, and Binance Life round out the top 10 watchlist. Which 10 altcoins are traders positioning in before the rotation? We break it all down on the KuCoin Blog 👇 @kucoincom on X ↗