Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.003%
Price spread now: HTX against Orderly+0.357%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.357% dearer against Orderly than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC141.590.0046pay 0.0046% / 8h4h 39m$18K$10K10x
ShortHTX AAVE-USDT142.100.0100get 0.0100% / 8h4h 39m$684K$5.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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
$11.26
Price spread: +0.357% → 0.000%
$35.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$29
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell HTX live order book, 5 min ago8.63 bp18.9 bp −$1967.1 bp −$671doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
01 Exchange AAVEUSD−0.0168%1h141.65+0.042%$10K$2K5xas long as short
dYdX AAVE-USD0.0000%1h141.82+0.166%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.13+0.381%$47K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.00+0.290%$220K$399K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.71+0.088%$79K150xas long as short
SoDEX AAVE-USD+0.0025%1h141.90+0.219%$5K$299K10xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.270%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.66+0.051%20xas long as short
Orderly PERP_AAVE_USDClong+0.0046%8h141.59long leg$18K$10K10x
Nado AAVE-PERP+0.0050%1h141.72+0.092%$839K$447K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix AAVE+0.0056%1h142.05+0.325%$4K$102K10xas long as short
Lighter AAVE+0.0096%1h141.95+0.254%$4.5M$2.0M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.76+0.121%$13K$4K20xas long as short
Hyperliquid AAVE+0.0100%1h141.79+0.141%$76.5M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h141.77+0.130%$1.2M$1.3M50xas long as short
Pacifica AAVE+0.0100%1h141.90+0.218%$325K$448K10xas long as short
Binance AAVEUSDT+0.0100%8h141.66+0.049%$63.4M$185.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.66+0.049%$60.6M$66.7M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.57−0.014%$17.0M$63.5M50xas long as short
Arcus AAVE-USD+0.0100%1h141.83+0.170%$63K$204K10xas long as short
Bulk AAVE-USD+0.0100%1h142.12+0.374%$57K$2K10xas long as short
Gate AAVE_USDT+0.0100%8h141.70+0.078%$8.0M$15.7M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.68+0.064%$24.9M$23.7M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.70+0.078%$10.5M$9.2M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.590.000%$28.8M$18.3M75xas long as short
BingX AAVE-USDT+0.0100%8h141.66+0.049%$44.0Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h141.99+0.283%$336K$716K10xas long as short
Variational Omni AAVE+0.0100%8h141.94+0.246%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.18+0.418%$102K$277K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.91+0.223%$445K$3.7M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.90+0.219%$132K$219K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.72+0.092%$122K$384K10xas long as short
SunX AAVE-USDT+0.0100%8h141.93+0.239%$1K$1.3M20xas long as short
HTX AAVE-USDTshort+0.0100%8h142.10+0.357%$684K$5.2M75x
Phemex AAVEUSDT+0.0100%8h141.96+0.261%$4.0M$3.7M50xas long as short
Extended AAVE-USD+0.0104%1h141.62+0.024%$892K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.02+0.304%$120K$14610xas long as short
RISEx AAVE/USDC+0.0136%1h141.73+0.100%$176K$241K10xas long as short
BloFin AAVE-USDT+0.0220%8h142.01+0.297%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.71+0.082%$111K100xas long as short
Kraken Futures PF_AAVEUSD+0.0326%1h142.04+0.321%$3.4M$2.1M50xas long as short
Coinbase International AAVE-PERP-INTX+0.0336%1h142.18+0.417%$788K$2.9M50xas long as short