Funding you earn now, next payment 22:00 UTC−0.0474%/8h= −51.9% APRpaid last 24h −0.272%
Price spread now: Deribit against HTX−0.062%7-day average +0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$550.554% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 3 days (all we have)+0.287%+$29 · spread now −0.062%, 7d avg +0.118%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Deribit is 0.180% cheaper against HTX than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX AAVE-USDT | 144.12 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $717K | $4.9M | 75x |
| Short | Deribit AAVE_USDC-PERPETUAL | 144.03 | −0.0374 | pay 0.0047% / 1h | 12m 00s | $253K | $494K | 50x |
HTX AAVE-USDT
Deribit AAVE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$99.54
- Price spread: −0.062% → +0.118%
- −$18.02
- Slippage, 4 orders
- −$36.43
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$173
- Costs to cover
- 0.554%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 min ago; Deribit: live order book, 7 min ago.
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 HTX live order book, 2 min ago | 10.70 bp | 16.8 bp −$17 | 59.8 bp −$598 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 7 min ago | 4.51 bp | 8.0 bp −$8 | 15.2 bp −$152 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AAVE_USDC-PERPETUALshort | −0.0374% | 1h | 144.03 | −0.062% | $253K | $494K | 50x | |
| SoDEX AAVE-USD | −0.0158% | 1h | 143.98 | −0.096% | $5K | $299K | 10x | as long as short |
| 01 Exchange AAVEUSD | −0.0112% | 1h | 144.03 | −0.062% | $11K | $2K | 5x | as long as short |
| Phoenix AAVE | −0.0044% | 1h | 144.39 | +0.188% | $5K | $101K | 10x | as long as short |
| dYdX AAVE-USD | 0.0000% | 1h | 144.15 | +0.018% | $103K | $5K | 10x | as long as short |
| Kalshi KXAAVEPERP | 0.0000% | 8h | 144.05 | −0.048% | $71K | $1.5M | 3.4x | as long as short |
| gTrade (Gains Network) AAVE/USD | L +0.0005% / S −0.0004% | 1h | 144.08 | −0.029% | $70K | — | 150x | as long as short |
| Kraken Futures PF_AAVEUSD | +0.0012% | 1h | 144.15 | +0.024% | $3.4M | $2.1M | 50x | as long as short |
| Injective AAVE/USDC PERP | +0.0033% | 1h | 136.96 | −4.967% | $422 | $51K | 12x | as long as short |
| Reya AAVERUSDPERP | +0.0044% | 1h | 143.99 | −0.091% | — | — | 20x | as long as short |
SoDEX AAVE-USD
01 Exchange AAVEUSD
Phoenix AAVE
dYdX AAVE-USD
Kalshi KXAAVEPERP
gTrade (Gains Network) AAVE/USD
Kraken Futures PF_AAVEUSD
Injective AAVE/USDC PERP
Reya AAVERUSDPERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AAVEUSDT | +0.0050% | 8h | 143.98 | −0.096% | $65.6M | $184.9M | 75x | as long as short |
| MEXC AAVE_USDT | +0.0050% | 8h | 143.98 | −0.096% | $31.2M | $26.4M | 200x | as long as short |
| Orderly PERP_AAVE_USDC | +0.0050% | 8h | 144.02 | −0.069% | $18K | $12K | 10x | as long as short |
| OKX AAVE-USDT-SWAP | +0.0053% | 8h | 144.01 | −0.076% | $17.4M | $66.0M | 50x | as long as short |
| Gate AAVE_USDT | +0.0057% | 8h | 144.02 | −0.069% | $7.7M | $15.9M | 75x | as long as short |
| ApeX Omni AAVEUSDT | +0.0079% | 1h | 144.26 | +0.098% | $134K | $230K | 50x | as long as short |
| GRVT AAVE_USDT_Perp | +0.0086% | 8h | 144.18 | +0.045% | $451K | $3.9M | 10x | as long as short |
| Lighter AAVE | +0.0096% | 1h | 144.22 | +0.069% | $4.6M | $1.6M | 10x | as long as short |
| Aevo AAVE-PERP | +0.0096% | 1h | 144.06 | −0.042% | $122K | $146 | 10x | as long as short |
| RISEx AAVE/USDC | +0.0097% | 1h | 144.09 | −0.020% | $179K | $245K | 10x | as long as short |
| Paradex AAVE-USD-PERP | +0.0100% | 8h | 144.03 | −0.060% | $13K | $4K | 20x | as long as short |
| Nado AAVE-PERP | +0.0100% | 1h | 144.00 | −0.083% | $799K | $436K | 10x | as long as short |
| Hyperliquid AAVE | +0.0100% | 1h | 144.14 | +0.015% | $80.1M | $33.2M | 10x | as long as short |
| Aster AAVEUSDT | +0.0100% | 8h | 144.06 | −0.041% | $1.3M | $1.2M | 50x | as long as short |
| Pacifica AAVE | +0.0100% | 1h | 144.04 | −0.053% | $328K | $505K | 10x | as long as short |
| Bybit AAVEUSDT | +0.0100% | 8h | 144.02 | −0.069% | $61.2M | $65.5M | 75x | as long as short |
| Arcus AAVE-USD | +0.0100% | 1h | 144.06 | −0.041% | $50K | $273K | 10x | as long as short |
| KuCoin AAVEUSDTM | +0.0100% | 8h | 144.08 | −0.027% | $10.2M | $8.6M | 75x | as long as short |
| Bitget AAVEUSDT | +0.0100% | 8h | 143.96 | −0.110% | $30.0M | $18.2M | 75x | as long as short |
| BingX AAVE-USDT | +0.0100% | 8h | 144.02 | −0.069% | — | $43.9M | — | as long as short |
| Backpack AAVE_USDC_PERP | +0.0100% | 1h | 144.12 | +0.001% | $380K | $708K | 10x | as long as short |
| Variational Omni AAVE | +0.0100% | 8h | 144.27 | +0.104% | $3.8M | $1.3M | — | as long as short |
| edgeX AAVEUSDC | +0.0100% | 4h | 144.28 | +0.110% | $101K | $315K | 20x | as long as short |
| Polymarket Perps AAVE-USD | +0.0100% | 1h | 144.08 | −0.027% | $126K | $468K | 10x | as long as short |
| SunX AAVE-USDT | +0.0100% | 8h | 143.99 | −0.092% | $2K | $1.3M | 20x | as long as short |
| HTX AAVE-USDTlong | +0.0100% | 8h | 144.12 | long leg | $717K | $4.9M | 75x | |
| Phemex AAVEUSDT | +0.0100% | 8h | 144.02 | −0.069% | $4.1M | $3.8M | 50x | as long as short |
| Bulk AAVE-USD | +0.0100% | 1h | 144.33 | +0.150% | $61K | $3K | 10x | as long as short |
| Extended AAVE-USD | +0.0104% | 1h | 143.98 | −0.094% | $924K | $1.8M | 50x | as long as short |
| BloFin AAVE-USDT | +0.0170% | 8h | 144.02 | −0.069% | $3.5M | $5.3M | 100x | as long as short |
| Coinbase International AAVE-PERP-INTX | +0.0248% | 1h | 144.51 | +0.271% | $777K | $3.0M | 50x | as long as short |
| GMX AAVE/USD [AAVE-USDC] | L +0.0266% / S −0.0438% | 1h | 144.07 | −0.034% | $124K | — | 100x | as long as short |
Binance AAVEUSDT
MEXC AAVE_USDT
Orderly PERP_AAVE_USDC
OKX AAVE-USDT-SWAP
Gate AAVE_USDT
ApeX Omni AAVEUSDT
GRVT AAVE_USDT_Perp
Lighter AAVE
Aevo AAVE-PERP
RISEx AAVE/USDC
Paradex AAVE-USD-PERP
Nado AAVE-PERP
Hyperliquid AAVE
Aster AAVEUSDT
Pacifica AAVE
Bybit AAVEUSDT
Arcus AAVE-USD
KuCoin AAVEUSDTM
Bitget AAVEUSDT
BingX AAVE-USDT
Backpack AAVE_USDC_PERP
Variational Omni AAVE
edgeX AAVEUSDC
Polymarket Perps AAVE-USD
SunX AAVE-USDT
Phemex AAVEUSDT
Bulk AAVE-USD
Extended AAVE-USD
BloFin AAVE-USDT
Coinbase International AAVE-PERP-INTX
GMX AAVE/USD [AAVE-USDC]