AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 13:00 UTC+0.0241%/8h= +26.4% APRnext payment +$0.30 per $10,000 · paid last 24h +0.034%

Price spread now: Lighter against SoDEX+0.151%7-day average +0.143% · 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−$19as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.151%, 7d avg +0.143%

Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AAVE-USD	142.98	−0.0145	get 0.0018% / 1h	25m 01s	$7K	$179K	10x
Short	Lighter AAVE	143.20	0.0096	get 0.0012% / 1h	25m 01s	$4.6M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now +0.151%Rate

Funding earned: $50.59
Price spread: +0.151% → +0.143%: $0.77
Slippage, 4 orders: −$11.86
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $31.51
Costs to cover: 0.199%
Break-even: 2.6 days

Slippage from SoDEX: live order book, 12 min ago; Lighter: live order book, 6 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 SoDEX live order book, 12 min ago	0.35 bp	4.9 bp −$5	9.4 bp −$94	98.9 bp −$9,889	doesn't fit
Sell Lighter live order book, 6 min ago	0.77 bp	2.9 bp −$3	15.8 bp −$158	52.0 bp −$5,199	doesn't fit

AAVE on 42 exchanges

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
SoDEX AAVE-USDlong	−0.0145%	1h	142.98	long leg	$7K	$179K	10x
Phemex AAVEUSDT	−0.0094%	8h	142.94	−0.028%	$3.9M	$3.5M	50x	as long as short
01 Exchange AAVEUSD	−0.0088%	1h	142.96	−0.014%	$10K	$370	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.04	+0.042%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.05	+0.049%	$62K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.03	+0.035%	$212K	$313K	50x	as long as short
Bybit AAVEUSDT	+0.0003%	8h	142.97	−0.007%	$62.4M	$58.1M	75x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.04	+0.045%	$80K	—	150x	as long as short
Variational Omni AAVE	+0.0010%	8h	143.10	+0.087%	$3.6M	$707K	—	as long as short
Phoenix AAVE	+0.0017%	1h	143.23	+0.175%	$5K	$81K	10x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.210%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.94	−0.026%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0068%	8h	142.99	+0.007%	$17K	$2K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0073%	8h	142.99	+0.007%	$16.2M	$53.0M	50x	as long as short
MEXC AAVE_USDT	+0.0088%	8h	143.01	+0.021%	$24.7M	$21.3M	200x	as long as short
Binance AAVEUSDT	+0.0088%	8h	143.00	+0.013%	$64.3M	$157.8M	75x	as long as short
Lighter AAVEshort	+0.0096%	1h	143.20	+0.151%	$4.6M	$2.3M	10x
Paradex AAVE-USD-PERP	+0.0100%	8h	142.92	−0.042%	$13K	$444	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	142.97	−0.007%	$833K	$314K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.21	+0.161%	$78.7M	$27.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.03	+0.037%	$1.2M	$1.0M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.05	+0.049%	$321K	$364K	10x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.11	+0.091%	$95K	$209K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.59	−0.972%	$113K	$69K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.01	+0.021%	$8.3M	$13.4M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.03	+0.035%	$10.3M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.96	−0.014%	$29.6M	$15.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.02	+0.028%	—	$34.9M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.67	−0.218%	$110K	$281K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.80	−0.129%	$458K	$3.1M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.72	−0.182%	$153K	$233K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.04	+0.042%	$131K	$377K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.00	+0.012%	$2K	$1.1M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.12	+0.099%	$642K	$1.3M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.93	−0.035%	$925K	$1.4M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.03	+0.031%	$121K	—	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0128%	1h	143.19	+0.147%	$394K	$586K	10x	as long as short
RISEx AAVE/USDC	+0.0139%	1h	143.02	+0.029%	$173K	$226K	10x	as long as short
BloFin AAVE-USDT	+0.0208%	8h	142.95	−0.021%	$3.2M	$3.2M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0232%	1h	143.13	+0.105%	$764K	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0255% / S −0.0365%	1h	143.06	+0.054%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0266%	1h	143.15	+0.122%	$3.5M	$1.8M	50x	as long as short