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−0.0014%/8h= −1.5% APRnext payment $0.14 per $10,000 · paid last 24h +0.020%
Price spread now: GRVT against HTX−0.168%7-day average +0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$550.553% 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)+0.228%+$23 · spread now −0.168%, 7d avg +0.164%
Together, before fees+0.681%+ Points / potential airdropGRVT: Active · farm board+$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and GRVT is 0.332% cheaper against HTX than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.164%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.453%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX AAVE-USDT144.430.0100pay 0.0100% / 8h2h 14m$718K$4.9M75x
ShortGRVT AAVE_USDT_Perp144.180.0086get 0.0086% / 8h2h 14m$451K$3.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against HTX. 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
−$2.94
Price spread: −0.168% → +0.164%
−$33.19
Slippage, 4 orders
−$34.26
Fee HTX: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$91.38
Costs to cover
0.553%
Break-even
never at this rate
Slippage from HTX: live order book, 4 min ago; GRVT: live order book, 4 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 HTX live order book, 4 min ago10.59 bp16.6 bp −$1758.6 bp −$586doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago0.35 bp12.1 bp −$1221.6 bp −$216doesn'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−0.0165%1h144.37−0.039%$254K$494K50xas long as short
SoDEX AAVE-USD−0.0161%1h144.33−0.067%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0120%1h144.37−0.039%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.27−0.109%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.28−0.100%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.24−0.129%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.37−0.038%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.48+0.034%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.170%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h144.30−0.090%20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0049%8h144.25−0.123%$31.3M$26.3M200xas long as short
Binance AAVEUSDT+0.0050%8h144.28−0.101%$65.7M$184.8M75xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h144.32−0.074%$18K$12K10xas long as short
OKX AAVE-USDT-SWAP+0.0053%8h144.23−0.136%$17.4M$66.1M50xas long as short
Gate AAVE_USDT+0.0056%8h144.34−0.060%$7.8M$15.9M75xas long as short
ApeX Omni AAVEUSDT+0.0061%1h144.10−0.226%$134K$230K50xas long as short
GRVT AAVE_USDT_Perpshort+0.0086%8h144.18−0.168%$451K$3.9M10x
Nado AAVE-PERP+0.0093%1h144.30−0.084%$801K$436K10xas long as short
Lighter AAVE+0.0096%1h144.48+0.037%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.37−0.043%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.33−0.064%$180K$245K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.25−0.120%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.45+0.016%$80.3M$33.2M10xas long as short
Aster AAVEUSDT+0.0100%8h144.33−0.065%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.31−0.080%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.30−0.088%$61.4M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.31−0.081%$50K$273K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.39−0.026%$10.2M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.30−0.088%$30.1M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.35−0.053%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.48+0.037%$380K$707K10xas long as short
Variational Omni AAVE+0.0100%8h144.27−0.110%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.15−0.189%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.40−0.019%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.32−0.076%$1K$1.3M20xas long as short
HTX AAVE-USDTlong+0.0100%8h144.43long leg$718K$4.9M75x
Phemex AAVEUSDT+0.0100%8h144.29−0.095%$4.1M$3.8M50xas long as short
Bulk AAVE-USD+0.0100%1h144.33−0.064%$61K$3K10xas long as short
Extended AAVE-USD+0.0104%1h144.29−0.095%$924K$1.8M50xas long as short
BloFin AAVE-USDT+0.0169%8h144.30−0.088%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.51+0.057%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.37−0.041%$124K100xas long as short