Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.010%

Price spread now: HTX against gTrade (Gains Network)+0.289%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.289% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AAVE/USD	143.52	L +0.0005% / S −0.0004%	pay 0.0001% / 1h	26m 42s	$80K	—	150x
Short	HTX AAVE-USDT	143.94	0.0100	get 0.0100% / 8h	5h 26m	$694K	$5.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee HTXbpOrdersPrice spread, now +0.289%Rate

Funding earned: $19.96
Price spread: +0.289% → 0.000%: $28.92
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $26.87
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 2 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell HTX live order book, 2 min ago	5.03 bp	23.3 bp −$23	54.1 bp −$541	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.0098%	1h	143.49	−0.024%	$227K	$389K	50x	as long as short
01 Exchange AAVEUSD	−0.0064%	1h	143.60	+0.053%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.60	+0.053%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.58	+0.039%	$59K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USDlong	L +0.0005% / S −0.0004%	1h	143.52	long leg	$80K	—	150x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.573%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.51	−0.008%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.49	−0.024%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0051%	1h	143.63	+0.074%	$831K	$433K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.86	+0.234%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.78	+0.175%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.60	+0.050%	$13K	$4K	20x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.67	+0.102%	$77.7M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.62	+0.066%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.65	+0.086%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.65	+0.088%	$64.3M	$182.6M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.66	+0.095%	$61.4M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.68	+0.109%	$17.2M	$63.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.80	+0.192%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.90	+0.262%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.58	+0.039%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.68	+0.109%	$25.9M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.67	+0.102%	$10.7M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.69	+0.116%	$30.1M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.66	+0.095%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.60	+0.053%	$320K	$699K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.03	+0.349%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.93	+0.283%	$104K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.96	+0.307%	$453K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.04	+0.360%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.59	+0.046%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.63	+0.075%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.50	−0.017%	$5K	$301K	10x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	143.94	+0.289%	$694K	$5.2M	75x
Phemex AAVEUSDT	+0.0100%	8h	143.54	+0.011%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.55	+0.019%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.53	+0.002%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.82	+0.208%	$187K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.53	+0.004%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.54	+0.012%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0268%	1h	143.60	+0.053%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	144.28	+0.527%	$785K	$2.8M	50x	as long as short