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: Hyperliquid against Injective+3.753%53s7-day average — · you sell dearer than you buy

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

Long on Injective Short on Hyperliquid

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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 3.753% dearer against Injective than usual: you sell high and buy low: +$375 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Injective AAVE/USDC PERP	136.96	0.0033	pay 0.0004% / 1h	50m 28s	$422	$51K	12x
Short	Hyperliquid AAVE	142.10	0.0100	get 0.0013% / 1h	50m 28s	$76.8M	$35.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now +3.753%Rate

Funding earned: $14
Price spread: +3.753% → 0.000%: $375.29
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $380.27
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 3 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 3 min ago	0.35 bp	7.2 bp −$7	13.7 bp −$137	doesn't fit	doesn't fit

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	−0.0160%	1h	141.96	+3.651%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0054%	1h	142.08	+3.738%	$5K	$298K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0031%	1h	142.10	+3.753%	$223K	$396K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.07	+3.735%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.99	+3.673%	$53K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.05	+3.719%	$79K	—	150x	as long as short
Injective AAVE/USDC PERPlong	+0.0033%	1h	136.96	long leg	$422	$51K	12x
Reya AAVERUSDPERP	+0.0044%	1h	141.98	+3.663%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	141.94	+3.636%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.67	+4.169%	$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
Nado AAVE-PERP	+0.0070%	1h	142.01	+3.687%	$832K	$438K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.06	+3.722%	$4.5M	$1.7M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	142.12	+3.768%	$13K	$4K	20x	as long as short
Hyperliquid AAVEshort	+0.0100%	1h	142.10	+3.753%	$76.8M	$35.1M	10x
Aster AAVEUSDT	+0.0100%	8h	142.03	+3.699%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.09	+3.747%	$323K	$434K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.00	+3.680%	$63.6M	$184.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.01	+3.687%	$61.0M	$65.6M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	141.98	+3.665%	$17.0M	$63.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.02	+3.695%	$44K	$179K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.04	+3.709%	$7.9M	$15.4M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.99	+3.673%	$25.4M	$23.5M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.04	+3.709%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.91	+3.614%	$28.9M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	141.98	+3.665%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.28	+3.884%	$346K	$705K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.06	+3.724%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.49	+4.039%	$103K	$278K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.52	+4.060%	$450K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.48	+4.030%	$132K	$219K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.04	+3.709%	$122K	$383K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.07	+3.734%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.46	+4.013%	$685K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.11	+3.760%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	+4.174%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.94	+3.635%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.13	+3.772%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.04	+3.709%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.12	+3.768%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0261% / S −0.0408%	1h	142.06	+3.720%	$120K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0325%	1h	142.19	+3.817%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+4.279%	$774K	$2.8M	50x	as long as short