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+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h +0.008%
Price spread now: HTX against OKX+0.116%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$570.571% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.420%−$42 on $10k
Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.116%, 7d avg −0.113%
Together, before fees−0.590%−$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.229% dearer against OKX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.113%. Mind the row above: over the last 7 days funding on this pair cost −0.420%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AAVE-USDT-SWAP145.740.0070pay 0.0070% / 8h40m 00s$17.8M$67.4M50x
ShortHTX AAVE-USDT145.910.0100get 0.0100% / 8h40m 00s$698K$5.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$6.3
Price spread: +0.116% → −0.113%
$22.88
Slippage, 4 orders
−$35.15
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$27.97
Costs to cover
0.571%
Break-even
38.1 days
Slippage from OKX: live order book, 4 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago0.34 bp7.6 bp −$815.4 bp −$154doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago10.43 bp24.0 bp −$2463.7 bp −$637doesn't fitdoesn't fit

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−0.0093%1h145.80+0.041%$255K$406K50xas long as short
SoDEX AAVE-USD−0.0051%1h145.77+0.021%$5K$298K10xas long as short
Phoenix AAVE−0.0027%1h146.19+0.309%$5K$99K10xas long as short
dYdX AAVE-USD0.0000%1h145.90+0.109%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.71−0.021%$84K$1.5M3.4xas long as short
Kraken Futures PF_AAVEUSD+0.0002%1h145.88+0.095%$3.5M$2.1M50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.84+0.069%$71K150xas long as short
01 Exchange AAVEUSD+0.0008%1h145.83+0.062%$11K$2K5xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.024%$422$51K12xas long as short
Binance AAVEUSDT+0.0042%8h145.74+0.002%$66.4M$185.8M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AAVE_USDT+0.0043%8h145.77+0.021%$30.6M$25.8M200xas long as short
Reya AAVERUSDPERP+0.0044%1h145.74+0.002%20xas long as short
Orderly PERP_AAVE_USDC+0.0051%8h145.76+0.014%$18K$12K10xas long as short
OKX AAVE-USDT-SWAPlong+0.0070%8h145.74long leg$17.8M$67.4M50x
Gate AAVE_USDT+0.0076%8h145.76+0.014%$7.9M$15.9M75xas long as short
Aevo AAVE-PERP+0.0088%1h145.82+0.055%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.00+0.176%$4.7M$1.6M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.740.000%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.78+0.027%$802K$441K10xas long as short
Aster AAVEUSDT+0.0100%8h145.85+0.076%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.79+0.035%$333K$504K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.77+0.021%$62.2M$66.1M75xas long as short
Arcus AAVE-USD+0.0100%1h145.81+0.048%$51K$273K10xas long as short
Bulk AAVE-USD+0.0100%1h145.88+0.096%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.77+0.021%$10.0M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.71−0.021%$30.4M$18.3M75xas long as short
BingX AAVE-USDC+0.0100%8h145.77+0.021%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h145.87+0.089%$358K$737K10xas long as short
Variational Omni AAVE+0.0100%8h145.91+0.114%$3.8M$1.4Mas long as short
edgeX AAVEUSDC+0.0100%4h146.06+0.222%$105K$318K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.02+0.192%$461K$3.8M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h146.08+0.233%$136K$229K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.84+0.069%$127K$457K10xas long as short
SunX AAVE-USDT+0.0100%8h145.77+0.023%$1K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h145.91+0.116%$698K$5.0M75x
Phemex AAVEUSDT+0.0100%8h145.80+0.041%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h145.72−0.014%$940K$1.7M50xas long as short
RISEx AAVE/USDC+0.0106%1h145.84+0.070%$186K$246K10xas long as short
Hyperliquid AAVE+0.0111%1h145.92+0.124%$80.5M$34.6M10xas long as short
BloFin AAVE-USDT+0.0164%8h145.86+0.082%$3.5M$4.0M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0267% / S −0.0438%1h145.84+0.069%$125K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0280%1h146.23+0.336%$789K$3.0M50xas long as short