Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against BloFin−0.084%59s7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$920.923% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.684%−$68 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.084%, 7d avg −0.120%
Together, before fees−0.817%−$82 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.036% dearer against BloFin than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.120%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.684% in total) that is about 9 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAVE-USDT142.580.0220pay 0.0220% / 8h3h 02m$3.3M$3.6M100x
ShortHTX AAVE-USDT142.460.0100get 0.0100% / 8h3h 02m$681K$5.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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

Funding earned
−$25.2
Price spread: −0.084% → −0.120%
$3.6
Slippage, 4 orders
−$68.3
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$113.89
Costs to cover
0.923%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; HTX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago3.50 bp10.0 bp −$1012.2 bp −$12235.0 bp −$3,504doesn't fit
Sell HTX live order book, 2 min ago7.59 bp54.7 bp −$55102.9 bp −$1,029doesn't fitdoesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX AAVE-USD0.0000%1h142.36−0.153%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.53−0.035%$49K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.33−0.175%$217K$390K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.36−0.151%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.942%$422$51K12xas long as short
Phoenix AAVE+0.0033%1h142.90+0.224%$4K$106K10xas long as short
Reya AAVERUSDPERP+0.0044%1h142.34−0.167%20xas long as short
Nado AAVE-PERP+0.0045%1h142.25−0.231%$826K$400K10xas long as short
Orderly PERP_AAVE_USDC+0.0058%8h142.33−0.175%$18K$10K10xas long as short
Phemex AAVEUSDT+0.0075%8h142.34−0.168%$4.0M$3.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERP+0.0100%8h142.34−0.166%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h142.51−0.049%$77.9M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h142.40−0.126%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.37−0.145%$326K$446K10xas long as short
Binance AAVEUSDT+0.0100%8h142.41−0.119%$63.6M$188.5M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.36−0.154%$61.1M$67.9M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.35−0.161%$17.1M$64.3M50xas long as short
Arcus AAVE-USD+0.0100%1h142.39−0.133%$63K$199K10xas long as short
Bulk AAVE-USD+0.0100%1h142.61+0.021%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.33−0.175%$8.0M$16.2M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.34−0.168%$25.7M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.33−0.175%$10.3M$9.4M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.29−0.203%$29.1M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h142.38−0.140%$43.6Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.41−0.119%$335K$725K10xas long as short
Variational Omni AAVE+0.0100%8h142.93+0.245%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.83+0.172%$104K$281K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.78+0.141%$456K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.91+0.231%$133K$221K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.42−0.112%$131K$450K10xas long as short
SunX AAVE-USDT+0.0100%8h142.31−0.189%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.33−0.175%$5K$311K10xas long as short
HTX AAVE-USDTshort+0.0100%8h142.46−0.084%$681K$5.2M75x
Extended AAVE-USD+0.0104%1h142.29−0.205%$906K$1.7M50xas long as short
01 Exchange AAVEUSD+0.0104%1h142.36−0.154%$10K$2K5xas long as short
Aevo AAVE-PERP+0.0104%1h142.37−0.147%$120K$14610xas long as short
RISEx AAVE/USDC+0.0132%1h142.34−0.171%$185K$251K10xas long as short
BloFin AAVE-USDTlong+0.0220%8h142.58long leg$3.3M$3.6M100x
Kraken Futures PF_AAVEUSD+0.0249%1h142.40−0.129%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.34−0.166%$111K100xas long as short
Lighter AAVE+0.0256%1h142.54−0.027%$4.5M$2.4M10xas long as short
Coinbase International AAVE-PERP-INTX+0.0360%1h142.48−0.070%$783K$2.8M50xas long as short