AAVE

Alert

Funding spread now, next payment 15:00 UTC−2.0188%/8h

next payment, per $10,000−$25.24paid, last 24h−0.071%paid, last 7 days−0.236%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$25.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AAVE	146.28	0.0445	pay 0.0056% / 1h	57m 50s	$82.7M	$23.4M	10x
Short	Deribit AAVE_USDC-PERPETUAL	143.13	−1.9743	pay 0.2468% / 1h	57m 50s	$223K	$303K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee DeribitbpOrdersRate

Funding earned: −$4,239.55
Slippage, 4 orders: −$14.59
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$4,270.14
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 7 min ago; Deribit: live order book, 62 min ago.

Price risk

price view

Price gap now: −2.153%
Avg gap 7d: −0.090%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 7 min ago	0.34 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 62 min ago	5.08 bp	8.6 bp −$9	13.6 bp −$136	doesn't fit	doesn't fit

AAVE on 40 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUALshort	−1.9743%	1h	$223K	$303K	50x
OKX AAVE-USDT-SWAP	−0.0010%	8h	$18.2M	$64.1M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	$105K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	$81K	$1.3M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	$70K	—	150x	as long as short
Nado AAVE-PERP	+0.0007%	1h	$832K	$412K	10x	as long as short
Variational Omni AAVE	+0.0013%	8h	$3.8M	$1.3M	—	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	$422	$197K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0047%	8h	$18K	$18K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0049%	1h	$4K	$71K	10x	as long as short
SoDEX AAVE-USD	+0.0058%	1h	$5K	$289K	10x	as long as short
Binance AAVEUSDT	+0.0089%	8h	$66.7M	$171.0M	75x	as long as short
MEXC AAVE_USDT	+0.0090%	8h	$26.8M	$22.6M	200x	as long as short
RISEx AAVE/USDC	+0.0091%	1h	$192K	$246K	10x	as long as short
Phemex AAVEUSDT	+0.0094%	8h	$4.1M	$3.9M	50x	as long as short
KuCoin AAVEUSDTM	+0.0095%	8h	$10.0M	$8.2M	75x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	$14K	$3K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	$1.4M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	$338K	$431K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	$61.0M	$58.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	$47K	$363K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	$7.9M	$12.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	$30.1M	$15.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	—	$41.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	$307K	$496K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	$99K	$311K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	$135K	$246K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	$134K	$615K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	$1K	$1.2M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	$744K	$4.4M	75x	as long as short
Bulk AAVE-USD	+0.0100%	1h	$59K	$20K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	$917K	$1.2M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	$123K	$146	10x	as long as short
BloFin AAVE-USDT	+0.0211%	8h	$3.7M	$5.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0219% / S −0.0365%	1h	$131K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0228%	1h	$3.5M	$2.1M	50x	as long as short
Lighter AAVE	+0.0344%	1h	$4.7M	$1.6M	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0384%	1h	$801K	$3.4M	50x	as long as short
Hyperliquid AAVElong	+0.0445%	1h	$82.7M	$23.4M	10x