Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%

Price spread now: Aster against HTX−0.086%7-day average +0.140% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on HTX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.520%+$52 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.086%, 7d avg +0.140%

Together, before fees+0.594%+ Points / potential airdropAster: Stage 5 · farm board+$59 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: Aster is 0.225% cheaper against HTX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.140%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AAVE-USDT	143.56	0.0100	pay 0.0100% / 8h	3h 59m	$691K	$5.2M	75x
Short	Aster AAVEUSDT	143.44	0.0100	get 0.0100% / 8h	3h 59m	$1.2M	$1.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against HTX. 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 HTXbpFee AsterbpOrdersPrice spread, now −0.086%Rate

Funding earned: $0
Price spread: −0.086% → +0.140%: −$22.55
Slippage, 4 orders: −$49.81
Fee HTX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$92.36
Costs to cover: 0.698%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Aster: live order book, 4 min ago.

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 HTX live order book, 5 min ago	11.49 bp	22.6 bp −$23	64.4 bp −$644	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	3.85 bp	13.3 bp −$13	27.1 bp −$271	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
Deribit AAVE_USDC-PERPETUAL	−0.1144%	1h	143.29	−0.190%	$220K	$401K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.37	−0.137%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.32	−0.169%	$56K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.23	−0.231%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.599%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.24	−0.224%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.45	−0.079%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.24	−0.225%	$4K	$102K	10x	as long as short
Phemex AAVEUSDT	+0.0065%	8h	143.38	−0.127%	$4.0M	$3.7M	50x	as long as short
Lighter AAVE	+0.0096%	1h	143.47	−0.064%	$4.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AAVE-USD	+0.0098%	1h	143.42	−0.100%	$5K	$302K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.46	−0.071%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.32	−0.166%	$843K	$442K	10x	as long as short
Aster AAVEUSDTshort	+0.0100%	8h	143.44	−0.086%	$1.2M	$1.3M	50x
Pacifica AAVE	+0.0100%	1h	143.42	−0.100%	$328K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.41	−0.105%	$64.0M	$187.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.35	−0.148%	$61.6M	$67.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.30	−0.183%	$17.2M	$64.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.51	−0.037%	$64K	$200K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.720%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.42	−0.100%	$8.1M	$15.8M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.27	−0.204%	$25.1M	$23.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.30	−0.183%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.35	−0.148%	$29.2M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	143.44	−0.086%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.49	−0.051%	$337K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.26	−0.211%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.20	−0.251%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.03	−0.374%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.03	−0.371%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.39	−0.121%	$137K	$417K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.33	−0.164%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDTlong	+0.0100%	8h	143.56	long leg	$691K	$5.2M	75x
Extended AAVE-USD	+0.0104%	1h	143.40	−0.117%	$902K	$1.7M	50x	as long as short
01 Exchange AAVEUSD	+0.0104%	1h	143.45	−0.079%	$10K	$2K	5x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.48	−0.056%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0132%	1h	143.47	−0.065%	$183K	$249K	10x	as long as short
Hyperliquid AAVE	+0.0175%	1h	143.51	−0.037%	$78.4M	$36.4M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.30	−0.183%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.47	−0.066%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0322%	1h	143.49	−0.054%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.50	−0.044%	$796K	$2.8M	50x	as long as short