AAVE Order Book Depth: Binance vs Bybit

AAVE Order Book Depth

How much AAVE is resting in the perpetual-futures order books of Binance and Bybit, side by side: bid and ask USD within ±0.1%, 0.5%, 1% and 2% of mid, the bid/ask imbalance, and what a $100k and a $1M market order would cost in basis points. Live snapshots from the exchanges' public order-book APIs, refreshed every couple of minutes.

AAVE is #20 by open interest on Bybit ($38.75M). AAVE is not among Binance's top 20 perps by open interest right now, so its Binance book isn't tracked here. Within ±2% of mid, Bybit holds $2.08M of AAVE bids and $2.74M of asks. A $100k market buy costs 12.3 bps and a $1M buy 58.1 bps from mid; selling costs 10.4 bps and 56.3 bps. Bid/ask imbalance within ±1% of mid: Bybit -7%, roughly balanced.

1 order book500 levels per sideSource: Binance and Bybit public APIsAs of 05:03 UTC

Binance

AAVE is not among Binance's top 20 perps by open interest right now, so its Binance book isn't tracked here.

Bybit AAVEUSDT

#20 by OI · $38.75M open interest

Mid 186.76Spread 0.54 bpsImbalance ±1% -7%

Band	Bids	Asks	Total
±0.1%	$43K	$38K	$82K
±0.5%	$250K	$252K	$502K
±1%	$1.26M	$1.43M	$2.69M
±2%	$2.08M	$2.74M	$4.82M

Market order	Buy	Sell
$100K	12.28 bps	10.35 bps
$1.00M	58.08 bps	56.29 bps

AAVE bid/ask ratio and depth history

AAVE's ±1% bid share is 59.1% (imbalance +18%), inside its 7-day range of 41.0% to 67.9% (7-day average 56.5%, 24-hour average 55.2%, z-score +0.7).

Resting within ±1% of mid in the last snapshot: $5.32M, Binance and Bybit combined.

AAVE bid/ask ratio

Bid share of resting orders, Binance + Bybit

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Chart: TradingView Lightweight Charts™

AAVE depth within ±1%

Resting USD, Binance + Bybit

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Chart: TradingView Lightweight Charts™

One snapshot of each exchange's book every 5 minutes, stored since this site started recording them; 30 days at 5 minutes, hourly averages after that. Resting orders can be pulled or spoofed between snapshots. Compare every coin on the bid/ask ratio table.

How to read it. Each band row shows the resting bid and ask USD within that distance of the mid price. ≥ $X (truncated) means the exchange's 500 returned levels end inside the band, so the real figure is at least that. Imbalance is (bids − asks) / (bids + asks) within ±1%, or within the range the snapshot reaches on both sides when that is less. Market order rows give the average fill versus mid, in basis points, half-spread included and fees excluded.

AAVE has a page here while it is among the 20 USDT perpetuals with the most open interest on Binance or Bybit. Compare every coin on the order book depth table, or see AAVE price and open interest. Snapshots from Binance's and Bybit's public order-book APIs, refreshed every couple of minutes while the page is viewed (the history charts above come from separate 5-minute snapshots). Not financial advice.

AAVE order book FAQ

How deep is the AAVE order book?

The tables show the USD value of resting AAVE bids and asks within ±0.1%, 0.5%, 1% and 2% of the mid price on Binance and Bybit, from a live snapshot of each exchange's book. Values marked ≥ (truncated) are lower bounds: the exchange returned its 500 best levels per side and they end inside that band.

How much does a $100k or $1M AAVE market order move the price?

We walk the ask side (for a buy) or the bid side (for a sell) from the best price until the order is filled, and compare the average fill with the mid price, in basis points (1 bps = 0.01%). Half the spread is included; fees, hidden orders and the book moving while you trade are not.

What does bid/ask imbalance mean?

(bids - asks) / (bids + asks) within ±1% of mid: positive means more resting buy orders, negative more sell orders. Resting orders can be pulled at any moment, so it is a snapshot of intent, not a signal on its own. Nothing here is financial advice.