AAVE arbitrage between HyperLiquid and KuCoin: we compare the price of AAVE on HyperLiquid (futures) and KuCoin (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

About Aave

Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral. The protocol has a native token called AAVE, which is also a governance token that lets the community decide the direction of the protocol in a collective manner. Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.

Decentralized Finance (DeFi), Yield Farming, BNB Chain Ecosystem, Lending/Borrowing Protocols

AAVE: KuCoin — deposit open, withdrawal open.

Open interest in AAVE right now — $231.9M: HyperLiquid $57.6M, Binance $44.0M, Bybit $40.2M, BingX $38.5M, Bitget $19.5M. See OI AAVE.

News about AAVE

About AAVE arbitrage

How do I read the AAVE spread?

The spread is how many percent higher AAVE trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and KuCoin. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get AAVE alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.