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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against BloFin+0.132%59s7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.684%−$68 on $10k
Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.132%, 7d avg −0.111%
Together, before fees−1.031%−$103 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.242% dearer against BloFin than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of −0.111%): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.7 days. At the pace of the last 7 days (−0.684% in total) that is about 2.5 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AAVE-USDT141.320.0220pay 0.0220% / 8h35m 41s$3.2M$3.5M100x
ShortHTX AAVE-USDT141.510.0100get 0.0100% / 8h35m 41s$669K$5.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$25.2
Price spread: +0.132% → −0.111%
$24.22
Slippage, 4 orders
−$33.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$58.96
Costs to cover
0.580%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 3 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 BloFin live order book, 3 min ago1.06 bp10.0 bp −$1013.4 bp −$13430.0 bp −$2,996doesn't fit
Sell HTX live order book, 3 min ago3.98 bp28.5 bp −$2864.2 bp −$642doesn'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
dYdX AAVE-USD0.0000%1h141.28−0.030%$101K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.17−0.106%$48K$1.4M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h141.22−0.071%$213K$392K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.24−0.059%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.085%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.16−0.113%20xas long as short
Orderly PERP_AAVE_USDC+0.0082%8h141.19−0.092%$17K$8K10xas long as short
Lighter AAVE+0.0096%1h141.43+0.076%$4.5M$2.5M10xas long as short
01 Exchange AAVEUSD+0.0096%1h141.19−0.092%$10K$2K5xas long as short
Paradex AAVE-USD-PERP+0.0100%8h141.21−0.080%$13K$4K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.16−0.113%$824K$396K10xas long as short
Hyperliquid AAVE+0.0100%1h141.40+0.057%$77.4M$36.9M10xas long as short
Aster AAVEUSDT+0.0100%8h141.25−0.050%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.26−0.041%$322K$384K10xas long as short
Binance AAVEUSDT+0.0100%8h141.22−0.072%$63.2M$189.8M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.13−0.134%$60.7M$68.6M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.15−0.120%$16.9M$63.7M50xas long as short
Arcus AAVE-USD+0.0100%1h141.26−0.042%$63K$193K10xas long as short
Bulk AAVE-USD+0.0100%1h141.52+0.141%$160K$103K10xas long as short
Gate AAVE_USDT+0.0100%8h141.25−0.050%$8.0M$16.1M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.21−0.078%$23.3M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.23−0.064%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.14−0.127%$28.8M$17.9M75xas long as short
BingX AAVE-USDT+0.0100%8h141.14−0.127%$43.5Mas long as short
Variational Omni AAVE+0.0100%8h141.16−0.115%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.59+0.193%$108K$282K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.53+0.150%$444K$3.6M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.93+0.432%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.26−0.042%$140K$471K10xas long as short
SunX AAVE-USDT+0.0100%8h141.22−0.071%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.21−0.078%$5K$287K10xas long as short
HTX AAVE-USDTshort+0.0100%8h141.51+0.132%$669K$5.3M75x
Phemex AAVEUSDT+0.0100%8h141.25−0.050%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h141.11−0.148%$911K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.26−0.046%$119K$14610xas long as short
Phoenix AAVE+0.0152%1h142.06+0.524%$5K$98K10xas long as short
BloFin AAVE-USDTlong+0.0220%8h141.32long leg$3.2M$3.5M100x
RISEx AAVE/USDC+0.0245%1h141.22−0.071%$184K$280K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h141.23−0.067%$110K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0256%1h141.35+0.021%$749K$2.7M50xas long as short
Kraken Futures PF_AAVEUSD+0.0271%1h141.29−0.023%$3.4M$2.1M50xas long as short
Backpack AAVE_USDC_PERP+0.0302%1h141.35+0.021%$385K$729K10xas long as short