AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h +0.037%

Price spread now: Hyperliquid against RISEx+0.066%7-day average +0.101% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on RISEx Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.071%+$7 on $10k

Price spread, last 4 days (all we have)+0.228%+$23 · spread now +0.066%, 7d avg +0.101%

Together, before fees+0.299%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 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 0.036% cheaper against RISEx than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx AAVE/USDC	144.07	0.0097	pay 0.0012% / 1h	39m 27s	$179K	$242K	10x
Short	Hyperliquid AAVE	144.16	0.0100	get 0.0013% / 1h	39m 27s	$80.4M	$32.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against RISEx. 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 RISExbpFee HyperliquidbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0.53
Price spread: +0.066% → +0.101%: −$3.55
Slippage, 4 orders: −$8.58
Fee RISEx: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$26.6
Costs to cover: 0.236%
Break-even: 359.2 days

Slippage from RISEx: live order book, 48 min ago; Hyperliquid: live order book, 4 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 RISEx live order book, 48 min ago	1.62 bp	4.6 bp −$5	10.6 bp −$106	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 4 min ago	0.34 bp	8.3 bp −$8	14.7 bp −$147	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
Deribit AAVE_USDC-PERPETUAL	−0.0442%	1h	144.40	+0.233%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0196%	1h	144.36	+0.205%	$5K	$311K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	143.98	−0.059%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.78	+0.496%	$4K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.27	+0.140%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.45	+0.267%	$72K	$1.6M	3.4x	as long as short
ApeX Omni AAVEUSDT	+0.0001%	1h	144.66	+0.413%	$134K	$229K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.13	+0.042%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.51	+0.312%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.932%	$422	$51K	12x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	144.05	−0.012%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0049%	8h	144.02	−0.031%	$17.5M	$65.3M	50x	as long as short
Gate AAVE_USDT	+0.0052%	8h	144.01	−0.038%	$7.7M	$15.7M	75x	as long as short
Orderly PERP_AAVE_USDC	+0.0056%	8h	144.40	+0.233%	$18K	$12K	10x	as long as short
Binance AAVEUSDT	+0.0071%	8h	143.99	−0.052%	$65.5M	$182.6M	75x	as long as short
MEXC AAVE_USDT	+0.0072%	8h	144.04	−0.017%	$31.8M	$26.1M	200x	as long as short
GRVT AAVE_USDT_Perp	+0.0095%	8h	144.67	+0.421%	$459K	$4.0M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.32	+0.176%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.40	+0.233%	$122K	$146	10x	as long as short
RISEx AAVE/USDClong	+0.0097%	1h	144.07	long leg	$179K	$242K	10x
Nado AAVE-PERP	+0.0098%	1h	144.03	−0.021%	$799K	$444K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.04	−0.016%	$13K	$4K	20x	as long as short
Hyperliquid AAVEshort	+0.0100%	1h	144.16	+0.066%	$80.4M	$32.6M	10x
Aster AAVEUSDT	+0.0100%	8h	144.20	+0.092%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.17	+0.070%	$328K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.08	+0.010%	$61.2M	$65.1M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.01	−0.038%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.61	+0.381%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.07	+0.003%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.03	−0.024%	$30.0M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.03	−0.024%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.55	+0.337%	$379K	$703K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.70	+0.438%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.64	+0.402%	$100K	$312K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.11	+0.031%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.34	+0.189%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.64	+0.400%	$733K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.42	+0.246%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.98	−0.061%	$929K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0192%	8h	144.58	+0.357%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.78	+0.496%	$779K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.46	+0.272%	$124K	—	100x	as long as short