Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: HTX against Variational Omni+0.153%7-day average −0.100% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.185%−$18 on $10k

Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.153%, 7d avg −0.100%

Together, before fees−0.281%+ Points / potential airdropVariational Omni: Active · farm board−$28 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 0.253% dearer against Variational Omni than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAVE	143.26	0.0100	pay 0.0100% / 8h	4h 01m	$3.7M	$1.3M	—
Short	HTX AAVE-USDT	143.48	0.0100	get 0.0100% / 8h	4h 01m	$690K	$5.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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

Position, each leg$Hold fordaysFee Variational OmnibpFee HTXbpOrdersPrice spread, now +0.153%Rate

Funding earned: $0
Price spread: +0.153% → −0.100%: $25.28
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: $13.28
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; HTX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 3 min ago	3.08 bp	doesn't fit	12.1 bp −$121	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	11.49 bp	22.5 bp −$23	73.4 bp −$734	doesn't fit	doesn't fit

AAVE on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0128%	1h	143.39	+0.091%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.37	+0.074%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.08	−0.126%	$56K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.26	0.000%	$220K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.29	+0.022%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0010%	1h	143.37	+0.077%	$843K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.398%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.26	+0.001%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.25	−0.007%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.24	−0.014%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAVEUSDT	+0.0071%	8h	143.26	0.000%	$4.0M	$3.7M	50x	as long as short
SoDEX AAVE-USD	+0.0093%	1h	143.26	0.000%	$5K	$302K	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.40	+0.096%	$4.6M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.27	+0.010%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.46	+0.140%	$78.2M	$36.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.35	+0.063%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.33	+0.049%	$328K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.28	+0.011%	$63.9M	$187.0M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.27	+0.007%	$61.5M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.26	0.000%	$17.2M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.44	+0.126%	$64K	$204K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.510%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.28	+0.014%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.29	+0.021%	$25.1M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.30	+0.028%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.24	−0.014%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.26	0.000%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.38	+0.084%	$337K	$720K	10x	as long as short
Variational Omni AAVElong	+0.0100%	8h	143.26	long leg	$3.7M	$1.3M	—
edgeX AAVEUSDC	+0.0100%	4h	142.94	−0.225%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.03	−0.163%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.03	−0.160%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.35	+0.063%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.29	+0.019%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	143.48	+0.153%	$690K	$5.2M	75x
Extended AAVE-USD	+0.0104%	1h	143.21	−0.032%	$901K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.28	+0.017%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	143.38	+0.084%	$179K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.30	+0.028%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.29	+0.019%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0323%	1h	143.36	+0.072%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.92	−0.237%	$793K	$2.8M	50x	as long as short