Funding arb · Price arb /

AAVE

all AAVE markets

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 −0.019%

Price spread now: HTX against SunX−0.049%7-day average −0.123% · you buy dearer than you sell

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1731.729% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.546%−$55 on $10k

Price spread, last 3 days (all we have)−0.148%−$15 · spread now −0.049%, 7d avg −0.123%

Together, before fees−0.694%−$69 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 0.074% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AAVE-USDT	144.52	0.0100	pay 0.0100% / 8h	6h 42m	$2K	$1.3M	20x
Short	HTX AAVE-USDT	144.44	0.0100	get 0.0100% / 8h	6h 42m	$700K	$5.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.049%Rate

Funding earned: $0
Price spread: −0.049% → −0.123%: $7.36
Slippage, 4 orders: −$152.87
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$165.51
Costs to cover: 1.729%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; HTX: live order book, 1 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 SunX live order book, 11 min ago	44.91 bp	66.2 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	5.45 bp	15.1 bp −$15	266.8 bp −$2,668	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
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.41	−0.074%	$3.5M	$2.0M	50x	as long as short
01 Exchange AAVEUSD	−0.0032%	1h	143.94	−0.399%	$11K	$2K	5x	as long as short
ApeX Omni AAVEUSDT	−0.0009%	1h	144.47	−0.032%	$134K	$230K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.07	−0.309%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.59	+0.051%	$65K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.30	−0.149%	$251K	$362K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.41	−0.071%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.20	−0.219%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.228%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0044%	8h	144.04	−0.329%	$27.4M	$24.7M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.28	−0.163%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	−0.082%	—	—	20x	as long as short
Binance AAVEUSDT	+0.0044%	8h	143.94	−0.399%	$65.0M	$185.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0067%	8h	143.96	−0.385%	$17.4M	$65.8M	50x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	144.33	−0.129%	$122K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.01	−0.351%	$184K	$232K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.18	−0.233%	$4.6M	$1.4M	10x	as long as short
Phemex AAVEUSDT	+0.0096%	8h	144.35	−0.115%	$4.1M	$3.8M	50x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.09	−0.295%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.97	−0.374%	$800K	$429K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.20	−0.219%	$78.3M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.08	−0.304%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.05	−0.322%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.95	−0.392%	$61.6M	$65.3M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.00	−0.357%	$45K	$188K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	144.44	−0.053%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.02	−0.343%	$7.7M	$15.0M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.09	−0.295%	$10.8M	$9.1M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.96	−0.385%	$29.9M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.02	−0.343%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.28	−0.163%	$324K	$750K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.28	−0.161%	$3.8M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.38	−0.097%	$104K	$318K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	144.19	−0.226%	$464K	$3.7M	10x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.50	−0.011%	$125K	$417K	10x	as long as short
SunX AAVE-USDTlong	+0.0100%	8h	144.52	long leg	$2K	$1.3M	20x
SoDEX AAVE-USD	+0.0100%	1h	144.29	−0.156%	$5K	$302K	10x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	144.44	−0.049%	$700K	$5.2M	75x
Extended AAVE-USD	+0.0104%	1h	143.91	−0.419%	$922K	$1.7M	50x	as long as short
BloFin AAVE-USDT	+0.0147%	8h	144.53	+0.010%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0235% / S −0.0366%	1h	144.46	−0.041%	$129K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.64	+0.086%	$778K	$2.8M	50x	as long as short