AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.019%

Price spread now: Injective against Bulk−5.340%7-day average — · you buy dearer than you sell

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

Long on Bulk Short on Injective

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—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 5.340% cheaper against Bulk than usual: you would sell low and buy high (−$534 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk AAVE-USD	144.69	0.0080	pay 0.0010% / 1h	32m 08s	$61K	$3K	10x
Short	Injective AAVE/USDC PERP	136.96	0.0033	get 0.0004% / 1h	32m 08s	$422	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bulk. 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 BulkbpFee InjectivebpOrdersPrice spread, now −5.340%Rate

Funding earned: −$9.86
Price spread: −5.340% → 0.000%: −$533.96
Slippage, 4 orders: no order book: not counted
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$550.84
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Bulk: no order-book sample; Injective: 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 Bulk no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Bulk and Injective: 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	−0.0168%	1h	144.41	−0.190%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0165%	1h	144.45	−0.163%	$254K	$480K	50x	as long as short
SoDEX AAVE-USD	−0.0067%	1h	144.45	−0.163%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0045%	1h	144.94	+0.176%	$5K	$100K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.56	−0.084%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.49	−0.135%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.48	−0.145%	$70K	—	150x	as long as short
MEXC AAVE_USDT	+0.0033%	8h	144.54	−0.101%	$30.9M	$25.8M	200x	as long as short
Binance AAVEUSDT	+0.0033%	8h	144.52	−0.114%	$65.8M	$185.7M	75x	as long as short
Injective AAVE/USDC PERPshort	+0.0033%	1h	136.96	−5.340%	$422	$51K	12x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	144.27	−0.284%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	144.50	−0.131%	$180K	$246K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	144.41	−0.190%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0050%	8h	144.43	−0.177%	$17.5M	$66.7M	50x	as long as short
Gate AAVE_USDT	+0.0051%	8h	144.46	−0.156%	$7.8M	$15.9M	75x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	144.56	−0.086%	$3.5M	$2.1M	50x	as long as short
Bulk AAVE-USDlong	+0.0080%	1h	144.69	long leg	$61K	$3K	10x
Aevo AAVE-PERP	+0.0088%	1h	144.53	−0.110%	$122K	$146	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0091%	8h	144.70	+0.012%	$456K	$3.8M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.64	−0.032%	$4.6M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.46	−0.153%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.38	−0.208%	$799K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.54	−0.101%	$79.4M	$34.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.45	−0.165%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.49	−0.134%	$329K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.54	−0.101%	$61.4M	$65.7M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.45	−0.163%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.42	−0.184%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.39	−0.204%	$30.1M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.41	−0.190%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.54	−0.101%	$380K	$713K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.61	−0.053%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.66	−0.020%	$103K	$315K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.57	−0.080%	$134K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.37	−0.218%	$126K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.38	−0.208%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.71	+0.015%	$694K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.40	−0.197%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.42	−0.184%	$931K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0133%	8h	144.66	−0.018%	$3.4M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	144.45	−0.162%	$124K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	144.64	−0.032%	$783K	$3.0M	50x	as long as short