Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: HTX against Variational Omni+0.205%7-day average −0.117% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.185%−$19 on $10k

Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.205%, 7d avg −0.117%

Together, before fees−0.333%+ Points / potential airdropVariational Omni: Active · farm board−$33 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 0.322% dearer against Variational Omni than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.117%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AAVE	143.38	0.0100	pay 0.0100% / 8h	2h 04m	$3.8M	$1.3M	—
Short	HTX AAVE-USDT	143.67	0.0100	get 0.0100% / 8h	2h 04m	$715K	$4.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Variational Omni. 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 Variational OmnibpFee HTXbpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → −0.117%: $32.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: $20.17
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; HTX: live order book, 4 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 4 min ago	3.05 bp	doesn't fit	10.7 bp −$107	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	4.71 bp	22.3 bp −$22	69.6 bp −$696	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	−0.0377%	1h	143.37	−0.006%	$252K	$489K	50x	as long as short
SoDEX AAVE-USD	−0.0139%	1h	143.32	−0.041%	$5K	$299K	10x	as long as short
01 Exchange AAVEUSD	−0.0104%	1h	143.58	+0.141%	$10K	$2K	5x	as long as short
Phoenix AAVE	−0.0044%	1h	144.10	+0.503%	$5K	$101K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.54	+0.116%	$102K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.75	+0.259%	$70K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.40	+0.015%	$70K	—	150x	as long as short
Kraken Futures PF_AAVEUSD	+0.0012%	1h	143.45	+0.052%	$3.4M	$2.1M	50x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.477%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.48	+0.070%	—	—	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0046%	8h	143.23	−0.104%	$65.2M	$185.3M	75x	as long as short
MEXC AAVE_USDT	+0.0047%	8h	143.23	−0.104%	$30.7M	$26.5M	200x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.34	−0.027%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0054%	8h	143.25	−0.090%	$17.3M	$65.8M	50x	as long as short
Gate AAVE_USDT	+0.0062%	8h	143.25	−0.090%	$7.7M	$16.0M	75x	as long as short
ApeX Omni AAVEUSDT	+0.0062%	1h	143.74	+0.252%	$134K	$229K	50x	as long as short
Bulk AAVE-USD	+0.0073%	1h	143.97	+0.416%	$60K	$3K	10x	as long as short
GRVT AAVE_USDT_Perp	+0.0092%	8h	144.07	+0.482%	$450K	$3.9M	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.44	+0.045%	$4.6M	$1.7M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	143.36	−0.010%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0097%	1h	143.65	+0.187%	$179K	$245K	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	143.63	+0.179%	$13K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	143.56	+0.127%	$797K	$436K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	143.29	−0.062%	$78.8M	$33.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.36	−0.014%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.59	+0.147%	$327K	$505K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.25	−0.090%	$60.9M	$65.4M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.58	+0.141%	$50K	$273K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.25	−0.090%	$9.9M	$8.7M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.18	−0.138%	$29.8M	$18.2M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.24	−0.097%	—	$44.0M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.45	+0.050%	$379K	$709K	10x	as long as short
Variational Omni AAVElong	+0.0100%	8h	143.38	long leg	$3.8M	$1.3M	—
edgeX AAVEUSDC	+0.0100%	4h	144.06	+0.475%	$101K	$314K	20x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.65	+0.189%	$126K	$468K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.32	−0.037%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDTshort	+0.0100%	8h	143.67	+0.205%	$715K	$4.9M	75x
Phemex AAVEUSDT	+0.0100%	8h	143.49	+0.078%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.18	−0.135%	$919K	$1.8M	50x	as long as short
BloFin AAVE-USDT	+0.0166%	8h	143.30	−0.055%	$3.4M	$5.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0248%	1h	143.66	+0.196%	$770K	$3.0M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	143.42	+0.028%	$124K	—	100x	as long as short