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+0.0023%/8h= +2.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.003%
Price spread now: HTX against Orderly+0.415%54s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and HTX is 0.415% dearer against Orderly than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC142.430.0077pay 0.0077% / 8h1h 46m$18K$10K10x
ShortHTX AAVE-USDT143.020.0100get 0.0100% / 8h1h 46m$679K$5.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Orderly. 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
$4.91
Price spread: +0.415% → 0.000%
$41.49
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
$28.4
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 3 min ago. 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 Orderly no order-book sample
Sell HTX live order book, 3 min ago0.24 bp28.7 bp −$2968.5 bp −$685doesn't fitdoesn't fit
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
dYdX AAVE-USD0.0000%1h142.55+0.085%$102K$4K10xas long as short
Kalshi KXAAVEPERP0.0000%8h142.86+0.302%$49K$1.5M3.4xas long as short
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.41−0.014%$217K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.40−0.021%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.840%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.34−0.061%20xas long as short
Nado AAVE-PERP+0.0050%1h142.40−0.018%$827K$400K10xas long as short
ApeX Omni AAVEUSDT+0.0073%1h142.87+0.309%$133K$223K50xas long as short
Orderly PERP_AAVE_USDClong+0.0077%8h142.43long leg$18K$10K10x
Phoenix AAVE+0.0089%1h143.30+0.611%$4K$108K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AAVE+0.0096%1h142.68+0.173%$4.5M$2.4M10xas long as short
Paradex AAVE-USD-PERP+0.0100%8h142.48+0.034%$13K$4K20xas long as short
Aster AAVEUSDT+0.0100%8h142.42−0.009%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.55+0.082%$325K$449K10xas long as short
Binance AAVEUSDT+0.0100%8h142.39−0.028%$64.1M$192.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.40−0.021%$61.2M$68.3M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.40−0.021%$17.0M$65.3M50xas long as short
Arcus AAVE-USD+0.0100%1h142.49+0.042%$63K$198K10xas long as short
Bulk AAVE-USD+0.0100%1h142.88+0.318%$58K−$010xas long as short
Gate AAVE_USDT+0.0100%8h142.39−0.028%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.39−0.028%$25.0M$24.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.39−0.028%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.39−0.028%$29.1M$18.4M75xas long as short
BingX AAVE-USDC+0.0100%8h142.36−0.049%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.75+0.225%$335K$723K10xas long as short
Variational Omni AAVE+0.0100%8h142.91+0.338%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.92+0.342%$107K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.83+0.283%$452K$3.9M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.42−0.007%$141K$470K10xas long as short
SunX AAVE-USDT+0.0100%8h142.50+0.046%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.66+0.161%$5K$311K10xas long as short
HTX AAVE-USDTshort+0.0100%8h143.02+0.415%$679K$5.2M75x
Phemex AAVEUSDT+0.0100%8h142.68+0.176%$4.0M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h142.38−0.033%$906K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.45+0.011%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0128%1h142.44+0.007%$10K$2K5xas long as short
Hyperliquid AAVE+0.0217%1h142.50+0.049%$77.9M$37.2M10xas long as short
BloFin AAVE-USDT+0.0220%8h142.65+0.154%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.38−0.035%$111K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.44+0.004%$195K$262K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.62+0.133%$756K$2.9M50xas long as short
Kraken Futures PF_AAVEUSD+0.0316%1h142.48+0.033%$3.4M$2.1M50xas long as short