Funding arb · Price arb /

AAVE

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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 +0.015%

Price spread now: Gate against HTX−0.198%7-day average +0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.452%+$45 on $10k

Price spread, last 3 days (all we have)+0.248%+$25 · spread now −0.198%, 7d avg +0.132%

Together, before fees+0.700%+$70 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: Gate is 0.330% cheaper against HTX than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of +0.132%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAVE-USDT	145.73	0.0100	pay 0.0100% / 8h	7h 57m	$689K	$5.1M	75x
Short	Gate AAVE_USDT	145.44	0.0100	get 0.0100% / 8h	7h 57m	$7.8M	$15.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.198%Rate

Funding earned: $0
Price spread: −0.198% → +0.132%: −$32.98
Slippage, 4 orders: −$39
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$98.98
Costs to cover: 0.660%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago	6.17 bp	12.4 bp −$12	42.7 bp −$427	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.43 bp	12.5 bp −$12	25.9 bp −$259	43.3 bp −$4,334	48.7 bp −$24.3K

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
Kraken Futures PF_AAVEUSD	−0.0185%	1h	145.42	−0.210%	$3.5M	$2.1M	50x	as long as short
01 Exchange AAVEUSD	−0.0072%	1h	145.64	−0.060%	$11K	$2K	5x	as long as short
Phoenix AAVE	−0.0027%	1h	145.80	+0.049%	$5K	$98K	10x	as long as short
SoDEX AAVE-USD	−0.0020%	1h	145.30	−0.294%	$5K	$305K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.51	−0.151%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.50	−0.156%	$77K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	145.39	−0.232%	$254K	$391K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.72	−0.009%	$71K	—	150x	as long as short
MEXC AAVE_USDT	+0.0027%	8h	145.43	−0.204%	$29.4M	$25.5M	200x	as long as short
Binance AAVEUSDT	+0.0027%	8h	145.43	−0.204%	$66.0M	$188.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.017%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.60	−0.085%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	145.31	−0.287%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0066%	8h	145.43	−0.204%	$17.8M	$67.4M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.38	−0.242%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.58	−0.103%	$4.7M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.56	−0.118%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.57	−0.105%	$800K	$446K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.50	−0.156%	$79.5M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.53	−0.135%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.57	−0.109%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.42	−0.211%	$62.1M	$66.2M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.64	−0.060%	$46K	$278K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.52	−0.140%	$61K	−$0	10x	as long as short
Gate AAVE_USDTshort	+0.0100%	8h	145.44	−0.198%	$7.8M	$15.1M	75x
KuCoin AAVEUSDTM	+0.0100%	8h	145.39	−0.232%	$10.0M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.44	−0.198%	$30.2M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.43	−0.204%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.52	−0.143%	$347K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.88	+0.101%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.86	+0.092%	$105K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.91	+0.125%	$467K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.87	+0.097%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.67	−0.040%	$128K	$455K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.30	−0.296%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDTlong	+0.0100%	8h	145.73	long leg	$689K	$5.1M	75x
Extended AAVE-USD	+0.0104%	1h	145.39	−0.230%	$934K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0107%	1h	145.66	−0.048%	$184K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0109%	8h	145.72	−0.005%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0269% / S −0.0449%	1h	145.71	−0.012%	$128K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	145.53	−0.136%	$778K	$3.1M	50x	as long as short
Phemex AAVEUSDT	+0.0506%	8h	145.51	−0.150%	$4.1M	$3.8M	50x	as long as short