Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.040%

Price spread now: edgeX against HTX+0.357%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.555%+$55 on $10k

Price spread, last 3 days (all we have)−0.303%−$30 · spread now +0.357%, 7d avg +0.126%

Together, before fees+0.252%+ Points / potential airdropedgeX: Active · farm board+$25 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: edgeX is 0.232% dearer against HTX than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.126%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAVE-USDT	143.55	0.0100	pay 0.0100% / 8h	2h 07m	$714K	$4.9M	75x
Short	edgeX AAVEUSDC	144.06	0.0100	get 0.0050% / 4h	2h 07m	$101K	$314K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now +0.357%Rate

Funding earned: $0
Price spread: +0.357% → +0.126%: $23.17
Slippage, 4 orders: −$28.29
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$26.12
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; edgeX: live order book, 16 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	4.71 bp	11.0 bp −$11	51.1 bp −$511	doesn't fit	doesn't fit
Sell edgeX live order book, 16 min ago	3.46 bp	8.0 bp −$8	11.7 bp −$117	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-PERPETUAL	−0.0377%	1h	143.45	−0.068%	$252K	$494K	50x	as long as short
SoDEX AAVE-USD	−0.0136%	1h	143.37	−0.123%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0096%	1h	143.92	+0.260%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.10	+0.385%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.97	+0.292%	$103K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.90	+0.246%	$71K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.70	+0.107%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.52	−0.018%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.589%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.62	+0.049%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0047%	8h	143.50	−0.031%	$65.3M	$185.1M	75x	as long as short
MEXC AAVE_USDT	+0.0048%	8h	143.62	+0.051%	$31.0M	$26.4M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.41	−0.095%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0055%	8h	143.41	−0.095%	$17.3M	$65.8M	50x	as long as short
ApeX Omni AAVEUSDT	+0.0056%	1h	144.02	+0.330%	$134K	$229K	50x	as long as short
Gate AAVE_USDT	+0.0063%	8h	143.63	+0.058%	$7.7M	$16.0M	75x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.298%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.07	+0.364%	$450K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.11	+0.391%	$4.6M	$1.6M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.45	−0.069%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.91	+0.251%	$179K	$245K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.86	+0.218%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.73	+0.126%	$797K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.76	+0.148%	$79.7M	$33.1M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.85	+0.214%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.93	+0.268%	$328K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.45	−0.068%	$61.0M	$65.5M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.88	+0.232%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.68	+0.093%	$10.2M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.39	−0.109%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.54	−0.005%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.96	+0.288%	$380K	$707K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.01	+0.324%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDCshort	+0.0100%	4h	144.06	+0.357%	$101K	$314K	20x
Polymarket Perps AAVE-USD	+0.0100%	1h	143.76	+0.148%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.39	−0.112%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDTlong	+0.0100%	8h	143.55	long leg	$714K	$4.9M	75x
Phemex AAVEUSDT	+0.0100%	8h	143.53	−0.012%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.36	−0.128%	$924K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0169%	8h	144.04	+0.343%	$3.5M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.91	+0.253%	$770K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0266% / S −0.0438%	1h	143.68	+0.094%	$124K	—	100x	as long as short