AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Lighter−0.142%7-day average −0.148% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$320.317% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.748%+$75 · spread now −0.142%, 7d avg −0.148%

Together, before fees+0.741%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$74 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AAVE	144.18	0.0096	pay 0.0012% / 1h	42m 26s	$4.6M	$1.4M	10x
Short	Nado AAVE-PERP	143.97	0.0100	get 0.0012% / 1h	42m 26s	$800K	$429K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.142%Rate

Funding earned: $0.84
Price spread: −0.142% → −0.148%: $0.61
Slippage, 4 orders: −$24.7
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$30.25
Costs to cover: 0.317%
Break-even: 259.1 days

Slippage from Lighter: live order book, 10 min ago; Nado: live order book, 26 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, 10 min ago	1.94 bp	9.8 bp −$10	12.6 bp −$126	42.5 bp −$4,252	doesn't fit
Sell Nado live order book, 26 min ago	1.37 bp	8.3 bp −$8	14.5 bp −$145	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.41	+0.159%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	143.94	−0.166%	$11K	$2K	5x	as long as short
ApeX Omni AAVEUSDT	−0.0009%	1h	144.47	+0.201%	$134K	$230K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.07	−0.077%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.59	+0.284%	$65K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.30	+0.083%	$251K	$362K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.94	−0.170%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.20	+0.014%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.008%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0044%	8h	143.92	−0.180%	$27.3M	$24.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.87	−0.215%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.91	−0.189%	—	—	20x	as long as short
Binance AAVEUSDT	+0.0044%	8h	143.86	−0.222%	$64.9M	$185.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	143.89	−0.201%	$17.4M	$65.8M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.01	−0.119%	$184K	$232K	10x	as long as short
Lighter AAVElong	+0.0096%	1h	144.18	long leg	$4.6M	$1.4M	10x
Aevo AAVE-PERP	+0.0096%	1h	143.92	−0.180%	$122K	$146	10x	as long as short
Phemex AAVEUSDT	+0.0096%	8h	144.35	+0.118%	$4.1M	$3.8M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.09	−0.063%	$13K	$4K	20x	as long as short
Nado AAVE-PERPshort	+0.0100%	1h	143.97	−0.142%	$800K	$429K	10x
Hyperliquid AAVE	+0.0100%	1h	144.05	−0.090%	$78.2M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.97	−0.146%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.05	−0.090%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.89	−0.201%	$61.6M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.00	−0.125%	$45K	$188K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	+0.180%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.97	−0.146%	$7.7M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.07	−0.076%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.81	−0.257%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.87	−0.215%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.28	+0.069%	$324K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	+0.071%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	+0.136%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.19	+0.006%	$464K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.97	−0.146%	$125K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.52	+0.233%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.29	+0.076%	$5K	$302K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.44	+0.184%	$700K	$5.2M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.91	−0.187%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.243%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	143.94	−0.166%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.64	+0.319%	$778K	$2.8M	50x	as long as short