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−0.0056%/8h= −6.1% APRnext payment $0.56 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against HTX−0.239%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.239% cheaper against HTX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX AAVE-USDT145.750.0100pay 0.0100% / 8h7h 06m$707K$5.2M75x
ShortOrderly PERP_AAVE_USDC145.400.0044get 0.0044% / 8h7h 06m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
−$11.75
Price spread: −0.239% → 0.000%
−$23.95
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$53.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 3 min ago9.15 bp19.7 bp −$2052.2 bp −$522doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AAVEUSD−0.0185%1h145.59−0.111%$3.5M$2.0M50xas long as short
01 Exchange AAVEUSD−0.0144%1h145.52−0.157%$11K$2K5xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0094%1h145.45−0.205%$254K$367K50xas long as short
SoDEX AAVE-USD−0.0052%1h145.50−0.171%$5K$302K10xas long as short
dYdX AAVE-USD0.0000%1h146.00+0.176%$104K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.74−0.006%$70K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.51+0.522%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h145.46−0.200%$70K150xas long as short
MEXC AAVE_USDT+0.0026%8h145.48−0.185%$28.4M$26.0M200xas long as short
Binance AAVEUSDT+0.0026%8h145.47−0.191%$65.9M$183.3M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AAVE/USDC PERP+0.0033%1h136.96−6.030%$422$51K12xas long as short
Orderly PERP_AAVE_USDCshort+0.0044%8h145.40−0.239%$18K$10K10x
Reya AAVERUSDPERP+0.0044%1h145.53−0.148%20xas long as short
OKX AAVE-USDT-SWAP+0.0064%8h145.47−0.191%$17.7M$65.9M50xas long as short
ApeX Omni AAVEUSDT+0.0065%1h146.47+0.495%$136K$231K50xas long as short
Phemex AAVEUSDT+0.0084%8h145.47−0.191%$4.1M$3.8M50xas long as short
Aevo AAVE-PERP+0.0088%1h145.46−0.200%$123K$14610xas long as short
Lighter AAVE+0.0096%1h145.69−0.039%$4.7M$1.5M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h145.750.000%$14K$4K20xas long as short
Nado AAVE-PERP+0.0100%1h145.50−0.174%$796K$422K10xas long as short
Hyperliquid AAVE+0.0100%1h145.65−0.068%$79.4M$35.3M10xas long as short
Aster AAVEUSDT+0.0100%8h145.52−0.158%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.94+0.130%$333K$469K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.46−0.198%$62.3M$64.8M75xas long as short
Arcus AAVE-USD+0.0100%1h145.65−0.068%$46K$246K10xas long as short
Gate AAVE_USDT+0.0100%8h145.48−0.185%$7.9M$15.4M75xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.52−0.157%$11.0M$9.1M75xas long as short
Bitget AAVEUSDT+0.0100%8h145.38−0.253%$30.1M$18.0M75xas long as short
BingX AAVE-USDT+0.0100%8h145.42−0.226%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.18+0.296%$334K$742K10xas long as short
Variational Omni AAVE+0.0100%8h145.38−0.254%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.47+0.498%$106K$317K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.52+0.529%$466K$3.7M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h145.62−0.089%$126K$416K10xas long as short
SunX AAVE-USDT+0.0100%8h145.51−0.161%$1K$1.3M20xas long as short
HTX AAVE-USDTlong+0.0100%8h145.75long leg$707K$5.2M75x
Bulk AAVE-USD+0.0100%1h146.28+0.364%$59K$2K10xas long as short
Extended AAVE-USD+0.0104%1h145.42−0.226%$934K$1.7M50xas long as short
BloFin AAVE-USDT+0.0105%8h146.17+0.289%$3.5M$3.5M100xas long as short
RISEx AAVE/USDC+0.0107%1h145.65−0.071%$184K$245K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0235% / S −0.0373%1h145.45−0.205%$129K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.42+0.460%$784K$2.9M50xas long as short