Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%

Price spread now: HTX against Paradex+0.017%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AAVE-USD-PERP	145.73	0.0100	pay 0.0100% / 8h	38m 16s	$14K	$4K	20x
Short	HTX AAVE-USDT	145.75	0.0100	get 0.0100% / 8h	38m 16s	$696K	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Paradex. 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 ParadexbpFee HTXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0.03
Price spread: +0.017% → 0.000%: $1.74
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: −$14.23
Costs to cover: 0.160%
Break-even: 3811.7 days

Slippage unknown: Paradex: no order-book sample; HTX: live order book, 1 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell HTX live order book, 1 min ago	10.21 bp	17.8 bp −$18	68.5 bp −$685	doesn't fit	doesn't fit

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAVE_USDC-PERPETUAL	−0.0093%	1h	145.68	−0.031%	$255K	$401K	50x	as long as short
SoDEX AAVE-USD	−0.0063%	1h	145.65	−0.052%	$5K	$298K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	145.90	+0.120%	$5K	$99K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.74	+0.008%	$104K	$5K	10x	as long as short
01 Exchange AAVEUSD	0.0000%	1h	145.75	+0.017%	$11K	$2K	5x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.73	+0.003%	$84K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	145.78	+0.038%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.73	+0.006%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.015%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0041%	8h	145.69	−0.024%	$30.6M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0041%	8h	145.69	−0.027%	$66.3M	$185.9M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	145.66	−0.047%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	145.66	−0.045%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0069%	8h	145.63	−0.066%	$17.8M	$67.3M	50x	as long as short
Gate AAVE_USDT	+0.0077%	8h	145.69	−0.024%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.70	−0.018%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.96	+0.157%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	145.73	long leg	$14K	$4K	20x
Nado AAVE-PERP	+0.0100%	1h	145.72	−0.004%	$802K	$441K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.86	+0.092%	$80.4M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.76	+0.024%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.77	+0.030%	$333K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.67	−0.038%	$62.1M	$66.0M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.74	+0.010%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.88	+0.106%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.68	−0.031%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.68	−0.031%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	145.66	−0.045%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.78	+0.037%	$358K	$737K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	145.91	+0.124%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	145.86	+0.095%	$105K	$316K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	145.97	+0.166%	$461K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.93	+0.140%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.79	+0.044%	$127K	$457K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.72	−0.003%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	145.75	+0.017%	$696K	$5.0M	75x
Phemex AAVEUSDT	+0.0100%	8h	145.70	−0.018%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.62	−0.076%	$940K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	145.78	+0.038%	$185K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0161%	8h	145.71	−0.011%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.72	−0.006%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.23	+0.346%	$789K	$3.0M	50x	as long as short