AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.026%

Price spread now: Hyperliquid against Nado+0.066%7-day average +0.118% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on Nado Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 3 days (all we have)−0.235%−$23 · spread now +0.066%, 7d avg +0.118%

Together, before fees−0.202%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.052% cheaper against Nado than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.118%). If the spread goes back, that is −$5 on $10k: about 14 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.033% in total) that is about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado AAVE-PERP	144.81	0.0087	pay 0.0011% / 1h	27m 27s	$803K	$436K	10x
Short	Hyperliquid AAVE	144.91	0.0100	get 0.0013% / 1h	27m 27s	$80.6M	$33.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. 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 NadobpFee HyperliquidbpOrdersPrice spread, now +0.066%Rate

Funding earned: $2.64
Price spread: +0.066% → +0.118%: −$5.24
Slippage, 4 orders: −$12.94
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$31.55
Costs to cover: 0.289%
Break-even: 90.8 days

Slippage from Nado: live order book, 61 min ago; Hyperliquid: live order book, 6 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 Nado live order book, 61 min ago	2.37 bp	8.8 bp −$9	17.8 bp −$178	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	0.35 bp	7.3 bp −$7	12.8 bp −$128	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
Deribit AAVE_USDC-PERPETUAL	−0.0233%	1h	144.86	+0.031%	$249K	$483K	50x	as long as short
SoDEX AAVE-USD	−0.0180%	1h	144.80	−0.010%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0136%	1h	144.84	+0.017%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.63	−0.128%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.66	−0.110%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.52	−0.204%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.88	+0.048%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	144.60	−0.151%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.424%	$422	$51K	12x	as long as short
ApeX Omni AAVEUSDT	+0.0041%	1h	144.40	−0.287%	$134K	$229K	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	144.81	−0.005%	—	—	20x	as long as short
OKX AAVE-USDT-SWAP	+0.0051%	8h	144.83	+0.010%	$17.5M	$66.1M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0053%	8h	144.81	−0.003%	$18K	$12K	10x	as long as short
Gate AAVE_USDT	+0.0055%	8h	144.81	−0.003%	$7.8M	$15.8M	75x	as long as short
Binance AAVEUSDT	+0.0060%	8h	144.81	−0.003%	$65.9M	$183.8M	75x	as long as short
MEXC AAVE_USDT	+0.0061%	8h	144.76	−0.038%	$31.6M	$26.3M	200x	as long as short
Nado AAVE-PERPlong	+0.0087%	1h	144.81	long leg	$803K	$436K	10x
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.45	−0.250%	$455K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.86	+0.028%	$4.7M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.87	+0.038%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	144.83	+0.008%	$180K	$241K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.69	−0.088%	$14K	$4K	20x	as long as short
Hyperliquid AAVEshort	+0.0100%	1h	144.91	+0.066%	$80.6M	$33.1M	10x
Aster AAVEUSDT	+0.0100%	8h	144.76	−0.036%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.69	−0.089%	$330K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.84	+0.017%	$61.6M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.77	−0.031%	$50K	$274K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.30	−0.358%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.85	+0.024%	$10.3M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.83	+0.010%	$30.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.81	−0.003%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.64	−0.121%	$378K	$701K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.45	−0.253%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.36	−0.312%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.86	+0.031%	$127K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.78	−0.023%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.60	−0.147%	$723K	$4.9M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.54	−0.190%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.63	−0.125%	$928K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0182%	8h	144.48	−0.231%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	144.36	−0.314%	$777K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	144.90	+0.057%	$125K	—	100x	as long as short