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% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: HTX against Variational Omni+0.216%7-day average −0.115% · you sell dearer than you buy

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

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.185%−$19 on $10k

Price spread, last 3 days (all we have)−0.181%−$18 · spread now +0.216%, 7d avg −0.115%

Together, before fees−0.366%+ Points / potential airdropVariational Omni: Active · farm board−$37 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: HTX is 0.330% dearer against Variational Omni than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.115%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAVE	145.04	0.0100	pay 0.0100% / 8h	1h 08m	$3.8M	$1.4M	—
Short	HTX AAVE-USDT	145.35	0.0100	get 0.0100% / 8h	1h 08m	$696K	$5.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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 Variational OmnibpFee HTXbpOrdersPrice spread, now +0.216%Rate

Funding earned: $0
Price spread: +0.216% → −0.115%: $33.05
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: $21.05
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; 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 Variational Omni RFQ quote, 1 min ago	3.07 bp	doesn't fit	12.2 bp −$122	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	7.31 bp	21.4 bp −$21	71.9 bp −$719	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
01 Exchange AAVEUSD	−0.0128%	1h	145.25	+0.148%	$11K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0094%	1h	145.16	+0.086%	$255K	$443K	50x	as long as short
Phoenix AAVE	−0.0045%	1h	145.09	+0.038%	$5K	$100K	10x	as long as short
SoDEX AAVE-USD	−0.0025%	1h	145.16	+0.086%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	145.31	+0.187%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	145.17	+0.093%	$67K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	145.24	+0.141%	$70K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.568%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0038%	8h	145.16	+0.086%	$30.7M	$26.0M	200x	as long as short
Binance AAVEUSDT	+0.0039%	8h	145.14	+0.075%	$66.2M	$185.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	145.15	+0.076%	—	—	20x	as long as short
RISEx AAVE/USDC	+0.0046%	1h	145.30	+0.183%	$181K	$245K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0051%	8h	145.14	+0.072%	$18K	$12K	10x	as long as short
Kraken Futures PF_AAVEUSD	+0.0054%	1h	145.27	+0.164%	$3.5M	$2.1M	50x	as long as short
OKX AAVE-USDT-SWAP	+0.0057%	8h	145.13	+0.065%	$17.6M	$66.9M	50x	as long as short
Gate AAVE_USDT	+0.0066%	8h	145.18	+0.100%	$7.8M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	145.19	+0.107%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	145.35	+0.214%	$4.7M	$1.6M	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0099%	8h	145.02	−0.009%	$458K	$3.8M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	145.31	+0.191%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	145.24	+0.145%	$804K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	145.33	+0.203%	$79.9M	$33.8M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	145.23	+0.132%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	145.35	+0.217%	$332K	$504K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	145.17	+0.093%	$61.9M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	145.28	+0.169%	$50K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	145.13	+0.063%	$61K	$3K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	145.16	+0.086%	$9.9M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	145.21	+0.120%	$30.3M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	145.19	+0.107%	—	$43.9M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	145.27	+0.162%	$347K	$723K	10x	as long as short
Variational Omni AAVElong	+0.0100%	8h	145.04	long leg	$3.8M	$1.4M	—
edgeX AAVEUSDC	+0.0100%	4h	145.06	+0.015%	$104K	$315K	20x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	145.10	+0.045%	$135K	$228K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	145.29	+0.176%	$127K	$467K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	145.16	+0.088%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	145.35	+0.216%	$696K	$5.0M	75x
Phemex AAVEUSDT	+0.0100%	8h	145.19	+0.107%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	145.13	+0.062%	$931K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0154%	8h	145.38	+0.238%	$3.5M	$4.0M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	145.22	+0.124%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0272%	1h	145.06	+0.017%	$787K	$3.0M	50x	as long as short