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−0.0056%/8h= −6.1% APRnext payment $0.56 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against HTX−0.216%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.216% cheaper against HTX than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX AAVE-USDT144.550.0100pay 0.0100% / 8h6h 31m$700K$5.2M75x
ShortOrderly PERP_AAVE_USDC144.240.0044get 0.0044% / 8h6h 31m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$11.75
Price spread: −0.216% → 0.000%
−$21.58
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$51.33
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 2 min ago; Orderly: no order-book sample. Net counts fees only.

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, 2 min ago4.72 bp10.8 bp −$1145.1 bp −$451doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AAVE on 41 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−0.0513%1h144.09−0.320%$250K$362K50xas long as short
01 Exchange AAVEUSD−0.0056%1h144.21−0.237%$11K$2K5xas long as short
Kraken Futures PF_AAVEUSD−0.0034%1h144.23−0.221%$3.5M$2.0M50xas long as short
dYdX AAVE-USD0.0000%1h144.24−0.217%$103K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.08−0.327%$65K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.24−0.214%$70K150xas long as short
Phoenix AAVE+0.0006%1h144.01−0.375%$5K$98K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.252%$422$51K12xas long as short
Orderly PERP_AAVE_USDCshort+0.0044%8h144.24−0.216%$18K$10K10x
Reya AAVERUSDPERP+0.0044%1h144.24−0.217%20xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0051%8h144.24−0.216%$27.0M$24.8M200xas long as short
Binance AAVEUSDT+0.0052%8h144.21−0.237%$65.0M$185.0M75xas long as short
OKX AAVE-USDT-SWAP+0.0069%8h144.23−0.223%$17.4M$65.6M50xas long as short
RISEx AAVE/USDC+0.0089%1h144.27−0.195%$186K$230K10xas long as short
Gate AAVE_USDT+0.0092%8h144.17−0.264%$7.7M$15.1M75xas long as short
SoDEX AAVE-USD+0.0092%1h144.13−0.292%$5K$298K10xas long as short
Lighter AAVE+0.0096%1h144.31−0.166%$4.6M$1.5M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.24−0.213%$122K$14610xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.15−0.280%$13K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h144.15−0.278%$802K$425K10xas long as short
Hyperliquid AAVE+0.0100%1h144.24−0.216%$78.1M$35.6M10xas long as short
Aster AAVEUSDT+0.0100%8h144.24−0.218%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.18−0.258%$329K$436K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.20−0.244%$61.8M$64.9M75xas long as short
Arcus AAVE-USD+0.0100%1h144.23−0.223%$45K$192K10xas long as short
Bulk AAVE-USD+0.0100%1h143.50−0.730%$58K$2K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.25−0.209%$10.8M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.22−0.230%$30.0M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h144.16−0.271%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.24−0.216%$324K$746K10xas long as short
Variational Omni AAVE+0.0100%8h143.89−0.456%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h143.91−0.445%$104K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h143.96−0.412%$456K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h143.98−0.396%$134K$230K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.30−0.174%$125K$418K10xas long as short
SunX AAVE-USDT+0.0100%8h144.20−0.246%$2K$1.3M20xas long as short
HTX AAVE-USDTlong+0.0100%8h144.55long leg$700K$5.2M75x
Phemex AAVEUSDT+0.0100%8h144.12−0.299%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.15−0.277%$917K$1.7M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0236% / S −0.0359%1h144.27−0.193%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h144.29−0.181%$773K$2.8M50xas long as short