Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%

Price spread now: HTX against BingX+0.308%7-day average −0.125% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$660.663% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.516%−$52 on $10k

Price spread, last 3 days (all we have)−0.368%−$37 · spread now +0.308%, 7d avg −0.125%

Together, before fees−0.884%−$88 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.433% dearer against BingX than usual: you sell high and buy low, +$43 on $10k if it goes back to its 7-day average of −0.125%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AAVE-USDC	145.28	0.0100	pay 0.0100% / 8h	5m 41s	—	$6.5M	—
Short	HTX AAVE-USDT	145.73	0.0100	get 0.0100% / 8h	5m 41s	$689K	$5.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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 BingXbpFee HTXbpOrdersPrice spread, now +0.308%Rate

Funding earned: $0
Price spread: +0.308% → −0.125%: $43.32
Slippage, 4 orders: −$44.29
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$22.97
Costs to cover: 0.663%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; HTX: live order book, 3 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 BingX live order book, 5 min ago	0.69 bp	14.3 bp −$14	32.4 bp −$324	234.7 bp −$23.5K	606.4 bp −$303.2K
Sell HTX live order book, 3 min ago	10.67 bp	16.9 bp −$17	52.1 bp −$521	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
SoDEX AAVE-USD	−0.0126%	1h	145.31	+0.021%	$5K	$305K	10x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0094%	1h	145.36	+0.055%	$254K	$391K	50x	as long as short
01 Exchange AAVEUSD	−0.0048%	1h	145.34	+0.041%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	145.87	+0.406%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.41	+0.092%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.40	+0.083%	$77K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	145.41	+0.090%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.31	+0.023%	$70K	—	150x	as long as short
Binance AAVEUSDT	+0.0028%	8h	145.27	−0.006%	$66.3M	$187.7M	75x	as long as short
MEXC AAVE_USDT	+0.0028%	8h	145.27	−0.007%	$29.6M	$26.1M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.727%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.33	+0.038%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.28	0.000%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0066%	8h	145.27	−0.007%	$17.8M	$67.4M	50x	as long as short
Gate AAVE_USDT	+0.0072%	8h	145.28	0.000%	$7.8M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.36	+0.052%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.47	+0.133%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.28	+0.001%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.56	+0.191%	$801K	$445K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.41	+0.089%	$79.9M	$34.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.30	+0.014%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.30	+0.011%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.28	0.000%	$62.0M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.34	+0.041%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.59	+0.212%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.28	0.000%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.25	−0.021%	$30.2M	$18.3M	75x	as long as short
BingX AAVE-USDClong	+0.0100%	8h	145.28	long leg	—	$6.5M	—
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.35	+0.048%	$347K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.20	−0.058%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.63	+0.239%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.55	+0.184%	$457K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.64	+0.248%	$135K	$230K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.80	+0.358%	$128K	$455K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.76	+0.333%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	145.73	+0.308%	$689K	$5.1M	75x
Phemex AAVEUSDT	+0.0100%	8h	145.34	+0.041%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.24	−0.026%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.40	+0.079%	$184K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0121%	8h	145.56	+0.193%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	145.29	+0.009%	$127K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	145.53	+0.172%	$790K	$3.0M	50x	as long as short