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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h −0.020%
Price spread now: HTX against GRVT+0.041%7-day average −0.160% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$590.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.453%−$45 on $10k
Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.041%, 7d avg −0.160%
Together, before fees−0.537%+ Points / potential airdropGRVT: Active · farm board−$54 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 0.201% dearer against GRVT than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.160%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT AAVE_USDT_Perp144.940.0092pay 0.0092% / 8h1h 36m$463K$3.8M10x
ShortHTX AAVE-USDT145.000.0100get 0.0100% / 8h1h 36m$695K$5.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against GRVT. 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
$1.68
Price spread: +0.041% → −0.160%
$20.11
Slippage, 4 orders
−$38.43
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.63
Costs to cover
0.594%
Break-even
163.8 days
Slippage from GRVT: 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 GRVT live order book, 3 min ago2.07 bp7.7 bp −$823.4 bp −$23418359.9 bp −$1.84Mdoesn't fit
Sell HTX live order book, 3 min ago8.99 bp19.5 bp −$1984.0 bp −$840doesn'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
Deribit AAVE_USDC-PERPETUAL−0.0233%1h144.80−0.098%$254K$480K50xas long as short
01 Exchange AAVEUSD−0.0176%1h144.59−0.242%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0078%1h144.80−0.098%$5K$298K10xas long as short
Phoenix AAVE−0.0045%1h144.94−0.001%$5K$100K10xas long as short
dYdX AAVE-USD0.0000%1h144.74−0.136%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.92−0.015%$67K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.65−0.202%$70K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.507%$422$51K12xas long as short
Binance AAVEUSDT+0.0033%8h144.58−0.249%$65.7M$185.6M75xas long as short
MEXC AAVE_USDT+0.0034%8h144.60−0.236%$31.0M$25.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.51−0.296%20xas long as short
RISEx AAVE/USDC+0.0046%1h144.66−0.191%$180K$246K10xas long as short
OKX AAVE-USDT-SWAP+0.0049%8h144.48−0.318%$17.6M$66.6M50xas long as short
Orderly PERP_AAVE_USDC+0.0050%8h144.57−0.256%$18K$12K10xas long as short
Kraken Futures PF_AAVEUSD+0.0054%1h144.89−0.038%$3.5M$2.1M50xas long as short
Gate AAVE_USDT+0.0055%8h144.61−0.229%$7.8M$15.8M75xas long as short
Bulk AAVE-USD+0.0080%1h144.69−0.177%$61K$3K10xas long as short
Aevo AAVE-PERP+0.0088%1h144.83−0.073%$122K$14610xas long as short
GRVT AAVE_USDT_Perplong+0.0092%8h144.94long leg$463K$3.8M10x
Lighter AAVE+0.0096%1h144.81−0.094%$4.6M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.65−0.200%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.49−0.315%$800K$436K10xas long as short
Hyperliquid AAVE+0.0100%1h144.72−0.153%$79.5M$34.1M10xas long as short
Aster AAVEUSDT+0.0100%8h144.58−0.246%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.62−0.218%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.57−0.256%$61.4M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h144.63−0.215%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.58−0.249%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.53−0.284%$30.1M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h144.56−0.263%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.87−0.049%$380K$713K10xas long as short
Variational Omni AAVE+0.0100%8h144.69−0.175%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h144.85−0.061%$103K$315K20xas long as short
ApeX Omni AAVEUSDT+0.0100%1h144.96+0.013%$135K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.61−0.229%$127K$467K10xas long as short
SunX AAVE-USDT+0.0100%8h144.79−0.102%$2K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h145.00+0.041%$695K$5.0M75x
Phemex AAVEUSDT+0.0100%8h144.76−0.125%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.59−0.242%$929K$1.8M50xas long as short
BloFin AAVE-USDT+0.0140%8h144.84−0.070%$3.4M$4.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h144.64−0.205%$124K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0272%1h145.26+0.220%$783K$3.0M50xas long as short