AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: Bulk against Lighter−0.112%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 4 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 0.112% cheaper against Lighter than usual: you would sell low and buy high, −$11 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	142.23	0.0096	pay 0.0012% / 1h	31m 36s	$4.5M	$2.5M	10x
Short	Bulk AAVE-USD	142.07	0.0100	get 0.0013% / 1h	31m 36s	$57K	−$0	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 −0.112%Rate

Funding earned: $0.84
Price spread: −0.112% → 0.000%: −$11.18
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$17.34
Costs to cover: 0.070%
Break-even: 151.5 days

Slippage unknown: Lighter: live order book, 6 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, 6 min ago	1.48 bp	5.9 bp −$6	16.4 bp −$164	41.0 bp −$4,105	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
dYdX AAVE-USD	0.0000%	1h	142.15	−0.059%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.09	−0.101%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.00	−0.165%	$216K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.02	−0.152%	$79K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.708%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	141.95	−0.198%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0063%	1h	142.12	−0.080%	$822K	$400K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0079%	8h	141.98	−0.179%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.10	−0.094%	$4K	$108K	10x	as long as short
Lighter AAVElong	+0.0096%	1h	142.23	long leg	$4.5M	$2.5M	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERP	+0.0100%	8h	142.09	−0.100%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.15	−0.061%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.16	−0.052%	$325K	$450K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.18	−0.040%	$63.9M	$191.8M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.21	−0.017%	$61.2M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.21	−0.017%	$17.0M	$65.0M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.36	+0.089%	$63K	$197K	10x	as long as short
Bulk AAVE-USDshort	+0.0100%	1h	142.07	−0.112%	$57K	−$0	10x
Gate AAVE_USDT	+0.0100%	8h	142.20	−0.024%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.20	−0.024%	$24.7M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.22	−0.010%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.17	−0.045%	$29.1M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.21	−0.017%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.14	−0.066%	$374K	$742K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.03	−0.143%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.20	−0.027%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.27	+0.027%	$447K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.28	+0.032%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.12	−0.080%	$141K	$472K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.00	−0.165%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	141.99	−0.172%	$5K	$312K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.19	−0.034%	$673K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.08	−0.108%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.16	−0.055%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.02	−0.149%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.31	+0.053%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0167%	1h	142.24	+0.004%	$77.8M	$37.1M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.22	−0.010%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.03	−0.146%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.33	+0.065%	$193K	$263K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.05	−0.129%	$753K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.10	−0.096%	$3.4M	$2.1M	50x	as long as short