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+0.0035%/8h= +3.9% APRnext payment +$0.35 per $10,000 · paid last 24h +0.012%
Price spread now: HTX against OKX+0.255%7-day average −0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$580.578% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.415%−$41 on $10k
Price spread, last 3 days (all we have)−0.331%−$33 · spread now +0.255%, 7d avg −0.110%
Together, before fees−0.745%−$75 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 0.365% dearer against OKX than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of −0.110%. Mind the row above: over the last 7 days funding on this pair cost −0.415%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAVE-USDT-SWAP146.220.0065pay 0.0065% / 8h7h 08m$17.9M$66.2M50x
ShortHTX AAVE-USDT146.590.0100get 0.0100% / 8h7h 08m$712K$5.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$7.4
Price spread: +0.255% → −0.110%
$36.54
Slippage, 4 orders
−$35.77
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$13.83
Costs to cover
0.578%
Break-even
20.1 days
Slippage from OKX: live order book, 5 min ago; HTX: live order book, 5 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 OKX live order book, 5 min ago0.34 bp7.9 bp −$815.3 bp −$153doesn't fitdoesn't fit
Sell HTX live order book, 5 min ago4.61 bp14.3 bp −$1460.2 bp −$602doesn'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%1h146.58+0.247%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0144%1h146.16−0.041%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0066%1h146.48+0.178%$5K$295K10xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0023%1h146.50+0.191%$255K$367K50xas long as short
Phemex AAVEUSDT−0.0008%8h146.51+0.198%$4.2M$3.8M50xas long as short
dYdX AAVE-USD0.0000%1h146.19−0.022%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h146.48+0.178%$79K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.51+0.198%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.56+0.230%$71K150xas long as short
MEXC AAVE_USDT+0.0024%8h146.16−0.041%$28.6M$25.9M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0026%8h146.14−0.055%$66.2M$183.3M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.333%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h146.25+0.019%20xas long as short
Orderly PERP_AAVE_USDC+0.0044%8h146.48+0.178%$18K$10K10xas long as short
ApeX Omni AAVEUSDT+0.0047%1h146.25+0.021%$136K$231K50xas long as short
OKX AAVE-USDT-SWAPlong+0.0065%8h146.22long leg$17.9M$66.2M50x
Aevo AAVE-PERP+0.0088%1h146.51+0.198%$124K$14610xas long as short
Lighter AAVE+0.0096%1h146.36+0.094%$4.7M$1.5M10xas long as short
BloFin AAVE-USDT+0.0099%8h146.54+0.219%$3.5M$3.5M100xas long as short
Paradex AAVE-USD-PERP+0.0100%8h146.16−0.039%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h146.11−0.075%$799K$422K10xas long as short
Hyperliquid AAVE+0.0100%1h146.39+0.116%$79.8M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h146.36+0.097%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h146.20−0.015%$334K$469K10xas long as short
Bybit AAVEUSDT+0.0100%8h146.21−0.007%$62.6M$64.8M75xas long as short
Arcus AAVE-USD+0.0100%1h146.16−0.041%$46K$275K10xas long as short
Bulk AAVE-USD+0.0100%1h145.79−0.296%$59K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h146.12−0.068%$7.9M$15.3M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h146.31+0.062%$11.0M$9.0M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.12−0.068%$30.3M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h146.18−0.027%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.58+0.246%$331K$739K10xas long as short
Variational Omni AAVE+0.0100%8h146.27+0.035%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.26+0.030%$105K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.39+0.116%$466K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.27+0.034%$127K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h146.54+0.222%$1K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h146.59+0.255%$712K$5.2M75x
Extended AAVE-USD+0.0104%1h146.09−0.087%$939K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.18−0.024%$185K$245K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h146.53+0.214%$130K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.67+0.308%$787K$2.9M50xas long as short