Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: HTX against OKX+0.210%7-day average −0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.420%−$42 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.210%, 7d avg −0.090%

Together, before fees−0.614%−$61 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 0.301% dearer against OKX than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AAVE-USDT-SWAP	141.28	0.0100	pay 0.0100% / 8h	5h 47m	$16.3M	$52.4M	50x
Short	HTX AAVE-USDT	141.58	0.0100	get 0.0100% / 8h	5h 47m	$657K	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.210%Rate

Funding earned: $0
Price spread: +0.210% → −0.090%: $30.07
Slippage, 4 orders: −$41.08
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$33.01
Costs to cover: 0.631%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; HTX: 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 OKX live order book, 4 min ago	0.35 bp	9.2 bp −$9	13.2 bp −$132	42.0 bp −$4,203	doesn't fit
Sell HTX live order book, 4 min ago	0.04 bp	27.2 bp −$27	77.3 bp −$773	doesn't fit	doesn't fit

AAVE on 42 exchanges

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
SoDEX AAVE-USD	−0.0132%	1h	141.32	+0.028%	$7K	$228K	10x	as long as short
ApeX Omni AAVEUSDT	−0.0083%	1h	141.32	+0.028%	$131K	$221K	50x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0033%	1h	141.33	+0.035%	$208K	$305K	50x	as long as short
01 Exchange AAVEUSD	−0.0024%	1h	141.28	0.000%	$10K	$1K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	141.38	+0.069%	$102K	$6K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	141.31	+0.021%	$45K	$1.3M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	141.32	+0.031%	$79K	—	150x	as long as short
Bybit AAVEUSDT	+0.0012%	8h	141.27	−0.007%	$61.1M	$59.4M	75x	as long as short
Phoenix AAVE	+0.0028%	1h	141.45	+0.120%	$4K	$81K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.058%	$422	$51K	12x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya AAVERUSDPERP	+0.0044%	1h	141.26	−0.014%	—	—	20x	as long as short
Phemex AAVEUSDT	+0.0055%	8h	141.31	+0.021%	$3.9M	$3.6M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0085%	8h	141.27	−0.007%	$17K	$2K	10x	as long as short
Variational Omni AAVE	+0.0094%	8h	141.24	−0.029%	$3.7M	$692K	—	as long as short
Lighter AAVE	+0.0096%	1h	141.50	+0.159%	$4.5M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	141.24	−0.029%	$13K	$444	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	141.25	−0.025%	$812K	$306K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	141.43	+0.106%	$77.7M	$27.9M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	141.41	+0.091%	$1.2M	$1.1M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	141.28	0.000%	$344K	$307K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	141.31	+0.021%	$63.6M	$161.7M	75x	as long as short
OKX AAVE-USDT-SWAPlong	+0.0100%	8h	141.28	long leg	$16.3M	$52.4M	50x
Arcus AAVE-USD	+0.0100%	1h	141.39	+0.078%	$94K	$205K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	141.35	+0.050%	$8.1M	$13.5M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	141.35	+0.050%	$21.8M	$21.7M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	141.37	+0.064%	$10.2M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.32	+0.028%	$29.1M	$15.8M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	141.32	+0.028%	—	$42.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	141.49	+0.149%	$387K	$601K	10x	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.26	−0.012%	$109K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.72	+0.309%	$453K	$3.1M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	141.34	+0.042%	$133K	$368K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	141.29	+0.009%	$1K	$1.1M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	141.58	+0.210%	$657K	$1.4M	75x
Bulk AAVE-USD	+0.0100%	1h	141.78	+0.354%	$164K	$106K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	141.29	+0.009%	$913K	$1.4M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	141.31	+0.024%	$119K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0112%	1h	141.31	+0.024%	$171K	$207K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.29	+0.007%	$3.3M	$3.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0240%	1h	141.87	+0.418%	$752K	$2.2M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0254% / S −0.0365%	1h	141.37	+0.062%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0307%	1h	141.40	+0.085%	$3.5M	$1.9M	50x	as long as short