AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Bulk against Lighter−0.149%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.149% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAVE	145.29	0.0096	pay 0.0012% / 1h	18m 39s	$4.7M	$1.6M	10x
Short	Bulk AAVE-USD	145.07	0.0100	get 0.0013% / 1h	18m 39s	$61K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk 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 BulkbpOrdersPrice spread, now −0.149%Rate

Funding earned: $0.84
Price spread: −0.149% → 0.000%: −$14.93
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$21.09
Costs to cover: 0.070%
Break-even: 182.8 days

Slippage unknown: Lighter: live order book, 4 min ago; Bulk: no order-book sample. Net counts fees only.

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, 4 min ago	1.93 bp	2.0 bp −$2	7.2 bp −$72	35.3 bp −$3,532	doesn't fit
Sell Bulk no order-book sample	—	—	—	—	—

Bulk: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSD	−0.0144%	1h	144.97	−0.221%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0045%	1h	145.03	−0.180%	$5K	$100K	10x	as long as short
SoDEX AAVE-USD	−0.0041%	1h	145.10	−0.131%	$5K	$298K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0026%	1h	145.14	−0.104%	$255K	$465K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.18	−0.076%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.14	−0.104%	$68K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.19	−0.068%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.734%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0036%	8h	145.05	−0.166%	$30.8M	$25.9M	200x	as long as short
Binance AAVEUSDT	+0.0037%	8h	145.06	−0.159%	$66.1M	$185.3M	75x	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	145.14	−0.103%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	145.09	−0.136%	$180K	$244K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	145.12	−0.118%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0053%	8h	145.08	−0.145%	$17.6M	$66.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	145.21	−0.055%	$3.5M	$2.1M	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	145.09	−0.138%	$7.8M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.16	−0.087%	$123K	$146	10x	as long as short
Lighter AAVElong	+0.0096%	1h	145.29	long leg	$4.7M	$1.6M	10x
GRVT AAVE_USDT_Perp	+0.0097%	8h	145.12	−0.120%	$458K	$3.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.05	−0.163%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.09	−0.142%	$803K	$437K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.22	−0.049%	$79.8M	$33.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.15	−0.095%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.11	−0.125%	$331K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.07	−0.152%	$61.6M	$65.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.04	−0.173%	$50K	$273K	10x	as long as short
Bulk AAVE-USDshort	+0.0100%	1h	145.07	−0.149%	$61K	$3K	10x
KuCoin AAVEUSDTM	+0.0100%	8h	145.10	−0.131%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.11	−0.125%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.07	−0.152%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.20	−0.063%	$347K	$726K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.06	−0.161%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.08	−0.144%	$104K	$316K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.08	−0.145%	$135K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.21	−0.056%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.13	−0.109%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	145.52	+0.156%	$697K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	145.13	−0.111%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.04	−0.175%	$931K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0146%	8h	145.14	−0.104%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.22	−0.051%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.06	−0.159%	$787K	$3.0M	50x	as long as short