AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.045%

Price spread now: Injective against Hyperliquid−4.604%73s7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.156%−$16 on $10k

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 4.604% cheaper against Hyperliquid than usual: you would sell low and buy high (−$460 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AAVE	143.57	0.0100	pay 0.0013% / 1h	0m 08s	$78.4M	$36.4M	10x
Short	Injective AAVE/USDC PERP	136.96	0.0033	get 0.0004% / 1h	0m 08s	$422	$51K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Hyperliquid. 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 HyperliquidbpFee InjectivebpOrdersPrice spread, now −4.604%Rate

Funding earned: −$14
Price spread: −4.604% → 0.000%: −$460.4
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$483.42
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; 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 Hyperliquid live order book, 4 min ago	1.40 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
Deribit AAVE_USDC-PERPETUAL	−0.1144%	1h	143.29	−0.195%	$220K	$401K	50x	as long as short
01 Exchange AAVEUSD	−0.0120%	1h	143.44	−0.091%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.37	−0.142%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.32	−0.174%	$56K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.47	−0.073%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0011%	1h	143.41	−0.115%	$844K	$448K	10x	as long as short
Injective AAVE/USDC PERPshort	+0.0033%	1h	136.96	−4.604%	$422	$51K	12x
Reya AAVERUSDPERP	+0.0044%	1h	143.42	−0.103%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.45	−0.084%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.24	−0.230%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAVEUSDT	+0.0065%	8h	143.38	−0.132%	$4.0M	$3.7M	50x	as long as short
Lighter AAVE	+0.0096%	1h	143.57	+0.002%	$4.6M	$2.0M	10x	as long as short
SoDEX AAVE-USD	+0.0098%	1h	143.42	−0.104%	$5K	$302K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.34	−0.163%	$13K	$4K	20x	as long as short
Hyperliquid AAVElong	+0.0100%	1h	143.57	long leg	$78.4M	$36.4M	10x
Aster AAVEUSDT	+0.0100%	8h	143.51	−0.040%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.45	−0.082%	$328K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.37	−0.136%	$64.0M	$187.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.38	−0.132%	$61.6M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.35	−0.153%	$17.2M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.47	−0.070%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.724%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.38	−0.132%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.41	−0.111%	$25.1M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.44	−0.091%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.31	−0.181%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.38	−0.132%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.49	−0.056%	$337K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.26	−0.216%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	−0.441%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.03	−0.378%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.03	−0.376%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.52	−0.035%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.33	−0.169%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.56	−0.005%	$691K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.41	−0.115%	$902K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.48	−0.060%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	143.41	−0.112%	$179K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.30	−0.188%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.47	−0.071%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0322%	1h	143.49	−0.059%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.50	−0.049%	$796K	$2.8M	50x	as long as short