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+0.0047%/8h= +5.1% APRnext payment +$0.47 per $10,000 · paid last 24h −0.016%
Price spread now: HTX against Orderly+0.091%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.091% dearer against Orderly than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC144.470.0053pay 0.0053% / 8h2h 27m$18K$12K10x
ShortHTX AAVE-USDT144.600.0100get 0.0100% / 8h2h 27m$723K$4.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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
$9.86
Price spread: +0.091% → 0.000%
$9.14
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$1
Costs to cover
0.180%
Break-even
6.3 days
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 1 min ago. 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 Orderly no order-book sample
Sell HTX live order book, 1 min ago9.50 bp16.2 bp −$1665.3 bp −$653doesn't fitdoesn't fit
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 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−0.0442%1h144.470.000%$249K$483K50xas long as short
SoDEX AAVE-USD−0.0188%1h144.44−0.021%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.84+0.256%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.43−0.028%$5K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.66+0.128%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.52+0.035%$71K$1.5M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.56+0.066%$70K150xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.60+0.087%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.198%$422$51K12xas long as short
ApeX Omni AAVEUSDT+0.0041%1h144.40−0.048%$134K$229K50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.81+0.234%20xas long as short
OKX AAVE-USDT-SWAP+0.0051%8h144.77+0.208%$17.5M$66.1M50xas long as short
Orderly PERP_AAVE_USDClong+0.0053%8h144.47long leg$18K$12K10x
Gate AAVE_USDT+0.0055%8h144.64+0.118%$7.7M$15.8M75xas long as short
Binance AAVEUSDT+0.0060%8h144.77+0.205%$65.9M$183.7M75xas long as short
MEXC AAVE_USDT+0.0061%8h144.65+0.125%$31.6M$26.3M200xas long as short
Nado AAVE-PERP+0.0087%1h144.81+0.239%$803K$436K10xas long as short
GRVT AAVE_USDT_Perp+0.0092%8h144.45−0.012%$455K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.86+0.267%$4.7M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.51+0.027%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.83+0.247%$180K$241K10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h144.69+0.151%$14K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h144.80+0.228%$80.4M$33.0M10xas long as short
Aster AAVEUSDT+0.0100%8h144.67+0.141%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.69+0.150%$330K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.78+0.215%$61.6M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.77+0.208%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h144.30−0.120%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.71+0.166%$10.3M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.81+0.235%$30.2M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.67+0.138%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.64+0.118%$378K$701K10xas long as short
Variational Omni AAVE+0.0100%8h144.45−0.015%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.36−0.074%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.86+0.270%$127K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.53+0.043%$1K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h144.60+0.091%$723K$4.9M75x
Phemex AAVEUSDT+0.0100%8h144.54+0.048%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.63+0.113%$928K$1.8M50xas long as short
BloFin AAVE-USDT+0.0182%8h144.48+0.007%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.36−0.076%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.56+0.064%$124K100xas long as short