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+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.003%
Price spread now: HTX against Gate+0.148%7-day average −0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.448%−$45 on $10k
Price spread, last 3 days (all we have)−0.225%−$23 · spread now +0.148%, 7d avg −0.130%
Together, before fees−0.674%−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.278% dearer against Gate than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.130%. Mind the row above: over the last 7 days funding on this pair cost −0.448%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AAVE_USDT146.420.0057pay 0.0057% / 8h7h 16m$7.9M$15.3M75x
ShortHTX AAVE-USDT146.640.0100get 0.0100% / 8h7h 16m$713K$5.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$9.03
Price spread: +0.148% → −0.130%
$27.81
Slippage, 4 orders
−$40.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.52
Costs to cover
0.674%
Break-even
30.7 days
Slippage from Gate: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago2.74 bp14.6 bp −$1529.0 bp −$29043.4 bp −$4,33649.0 bp −$24.5K
Sell HTX live order book, 3 min ago1.03 bp25.2 bp −$2568.2 bp −$682doesn'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
Kraken Futures PF_AAVEUSD−0.0184%1h146.48+0.040%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0152%1h146.39−0.020%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0088%1h146.35−0.048%$5K$305K10xas long as short
Phemex AAVEUSDT−0.0061%8h146.32−0.068%$4.2M$3.8M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0023%1h146.34−0.055%$255K$369K50xas long as short
dYdX AAVE-USD0.0000%1h146.31−0.078%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.36−0.041%$78K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.33−0.061%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.33−0.061%$71K150xas long as short
MEXC AAVE_USDT+0.0022%8h146.38−0.027%$28.9M$25.8M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0022%8h146.45+0.020%$66.3M$183.5M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.461%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h146.25−0.114%20xas long as short
Orderly PERP_AAVE_USDC+0.0045%8h146.26−0.109%$18K$10K10xas long as short
Gate AAVE_USDTlong+0.0057%8h146.42long leg$7.9M$15.3M75x
OKX AAVE-USDT-SWAP+0.0064%8h146.41−0.007%$17.9M$66.5M50xas long as short
ApeX Omni AAVEUSDT+0.0074%1h146.56+0.096%$136K$231K50xas long as short
Aevo AAVE-PERP+0.0088%1h146.38−0.028%$124K$14610xas long as short
BloFin AAVE-USDT+0.0088%8h146.04−0.260%$3.5M$3.5M100xas long as short
Lighter AAVE+0.0096%1h146.57+0.102%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.37−0.036%$14K$4K20xas long as short
Bybit AAVEUSDT+0.0100%8h146.44+0.014%$62.7M$65.0M75xas long as short
Nado AAVE-PERP+0.0100%1h146.34−0.055%$800K$423K10xas long as short
Hyperliquid AAVE+0.0100%1h146.52+0.068%$79.9M$35.4M10xas long as short
Aster AAVEUSDT+0.0100%8h146.30−0.081%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.37−0.037%$334K$503K10xas long as short
Arcus AAVE-USD+0.0100%1h146.39−0.020%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.433%$59K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.37−0.034%$11.1M$9.0M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.40−0.014%$30.3M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h146.39−0.020%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.48+0.041%$332K$736K10xas long as short
Variational Omni AAVE+0.0100%8h146.27−0.101%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.46+0.030%$106K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.48+0.041%$464K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.38−0.027%$127K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h146.35−0.045%$1K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h146.64+0.148%$713K$5.2M75x
Extended AAVE-USD+0.0104%1h146.38−0.029%$939K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.42−0.001%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h146.32−0.071%$130K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.420.000%$785K$2.9M50xas long as short