AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: Hyperliquid against ApeX Omni+0.098%7-day average +0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.401% of the position

Long on ApeX Omni Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.098%, 7d avg +0.083%

Together, before fees−0.124%+ Points / potential airdropHyperliquid: Season 2 · farm board−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AAVEUSDT	143.44	0.0100	pay 0.0013% / 1h	16m 44s	$133K	$222K	50x
Short	Hyperliquid AAVE	143.58	0.0103	get 0.0013% / 1h	16m 44s	$78.4M	$37.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against ApeX Omni. 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 ApeX OmnibpFee HyperliquidbpOrdersPrice spread, now +0.098%Rate

Funding earned: $0.67
Price spread: +0.098% → +0.083%: $1.48
Slippage, 4 orders: −$21.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$37.92
Costs to cover: 0.401%
Break-even: 400.9 days

Slippage from ApeX Omni: live order book, 29 min ago; Hyperliquid: live order book, 7 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 ApeX Omni live order book, 29 min ago	4.90 bp	13.6 bp −$14	106.2 bp −$1,062	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	1.05 bp	7.3 bp −$7	12.4 bp −$124	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
dYdX AAVE-USD	0.0000%	1h	143.46	+0.017%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.42	−0.014%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.47	+0.021%	$218K	$394K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.45	+0.006%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0021%	1h	143.47	+0.024%	$839K	$400K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.518%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.44	−0.002%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0071%	8h	143.47	+0.021%	$18K	$10K	10x	as long as short
Phemex AAVEUSDT	+0.0095%	8h	143.44	0.000%	$4.0M	$3.6M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.41	−0.021%	$13K	$4K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AAVEUSDT	+0.0100%	8h	143.46	+0.017%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.46	+0.011%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.45	+0.007%	$64.5M	$191.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.37	−0.049%	$61.6M	$68.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.36	−0.056%	$17.2M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.55	+0.077%	$64K	$198K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.28	−0.809%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.40	−0.028%	$8.0M	$16.2M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.41	−0.021%	$25.1M	$24.2M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.45	+0.007%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.42	−0.014%	$29.3M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.42	−0.014%	—	$43.6M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.69	−0.523%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.78	−0.459%	$106K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.47	+0.021%	$457K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDTlong	+0.0100%	1h	143.44	long leg	$133K	$222K	50x
Polymarket Perps AAVE-USD	+0.0100%	1h	143.56	+0.084%	$142K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.56	+0.082%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.47	+0.021%	$5K	$313K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.62	+0.125%	$682K	$5.2M	75x	as long as short
Hyperliquid AAVEshort	+0.0103%	1h	143.58	+0.098%	$78.4M	$37.2M	10x
Extended AAVE-USD	+0.0104%	1h	143.35	−0.062%	$910K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.48	+0.028%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	143.54	+0.070%	$10K	$2K	5x	as long as short
Phoenix AAVE	+0.0118%	1h	143.58	+0.098%	$4K	$106K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0160%	1h	143.52	+0.056%	$340K	$729K	10x	as long as short
RISEx AAVE/USDC	+0.0207%	1h	143.53	+0.060%	$193K	$256K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.53	+0.063%	$3.3M	$3.6M	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0236%	1h	143.56	+0.085%	$3.4M	$2.1M	50x	as long as short
Lighter AAVE	+0.0240%	1h	143.65	+0.144%	$4.5M	$2.4M	10x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.43	−0.008%	$112K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0376%	1h	143.59	+0.105%	$766K	$2.9M	50x	as long as short