AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Extended against Lighter−0.178%7-day average −0.159% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.178%, 7d avg −0.159%

Together, before fees+0.114%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAVE	142.45	0.0096	pay 0.0012% / 1h	6m 06s	$4.5M	$2.5M	10x
Short	Extended AAVE-USD	142.20	0.0104	get 0.0013% / 1h	6m 06s	$905K	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.178%Rate

Funding earned: $1.68
Price spread: −0.178% → −0.159%: −$1.91
Slippage, 4 orders: −$18.9
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$24.14
Costs to cover: 0.239%
Break-even: 107.6 days

Slippage from Lighter: live order book, 7 min ago; Extended: live order book, 2 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 Lighter live order book, 7 min ago	2.66 bp	3.8 bp −$4	15.3 bp −$153	44.1 bp −$4,410	doesn't fit
Sell Extended live order book, 2 min ago	3.17 bp	6.4 bp −$6	20.5 bp −$205	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	142.43	−0.019%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.38	−0.052%	$50K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.31	−0.101%	$215K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.33	−0.086%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.857%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.29	−0.117%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0069%	1h	142.34	−0.077%	$829K	$396K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0080%	8h	142.30	−0.108%	$18K	$7K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.48	+0.018%	$4K	$108K	10x	as long as short
Lighter AAVElong	+0.0096%	1h	142.45	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	142.36	−0.068%	$13K	$4K	20x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.35	−0.072%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.42	−0.021%	$325K	$384K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.27	−0.129%	$63.9M	$188.4M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.27	−0.129%	$61.4M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.30	−0.108%	$17.0M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.48	+0.018%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.35	−0.073%	$161K	$103K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.28	−0.122%	$8.0M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.29	−0.115%	$24.4M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.29	−0.115%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.33	−0.087%	$29.1M	$17.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.33	−0.087%	—	$43.4M	—	as long as short
Variational Omni AAVE	+0.0100%	8h	142.30	−0.109%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.14	−0.223%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.20	−0.178%	$451K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.13	−0.227%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.42	−0.024%	$141K	$470K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.38	−0.049%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.27	−0.129%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.49	+0.028%	$674K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.29	−0.115%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USDshort	+0.0104%	1h	142.20	−0.178%	$905K	$1.7M	50x
Aevo AAVE-PERP	+0.0104%	1h	142.28	−0.119%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0112%	1h	142.45	−0.003%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0165%	1h	142.45	−0.003%	$77.9M	$36.9M	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0168%	1h	142.42	−0.024%	$391K	$727K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.43	−0.017%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.48	+0.015%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.45	−0.005%	$189K	$270K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.29	−0.115%	$755K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.36	−0.063%	$3.4M	$2.1M	50x	as long as short