Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h 0.000%

Price spread now: Paradex against Extended+0.028%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.028% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AAVE-USD	143.30	0.0104	pay 0.0013% / 1h	0m 29s	$901K	$1.7M	50x
Short	Paradex AAVE-USD-PERP	143.34	0.0100	get 0.0100% / 8h	4h 00m	$13K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Extended. 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 ExtendedbpFee ParadexbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$0.88
Price spread: +0.028% → 0.000%: $2.79
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$7.09
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 3 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 3 min ago	0.70 bp	4.5 bp −$4	24.8 bp −$248	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange AAVEUSD	−0.0120%	1h	143.44	+0.101%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.37	+0.049%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.08	−0.150%	$56K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.26	−0.025%	$220K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.29	−0.003%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0011%	1h	143.41	+0.076%	$844K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.421%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.26	−0.024%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0050%	8h	143.25	−0.032%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.24	−0.039%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AAVEUSDT	+0.0071%	8h	143.26	−0.025%	$4.0M	$3.7M	50x	as long as short
SoDEX AAVE-USD	+0.0093%	1h	143.26	−0.025%	$5K	$302K	10x	as long as short
Lighter AAVE	+0.0096%	1h	143.53	+0.166%	$4.6M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERPshort	+0.0100%	8h	143.34	+0.028%	$13K	$4K	20x
Hyperliquid AAVE	+0.0100%	1h	143.55	+0.178%	$78.4M	$36.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.44	+0.100%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.45	+0.109%	$328K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.38	+0.059%	$64.0M	$187.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.44	+0.101%	$61.6M	$67.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.45	+0.108%	$17.2M	$64.4M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.47	+0.122%	$64K	$199K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.53	−0.534%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.39	+0.066%	$8.1M	$16.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.40	+0.073%	$25.1M	$23.9M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	143.47	+0.122%	$10.6M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	143.29	−0.004%	$29.2M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.37	+0.052%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.38	+0.059%	$337K	$720K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.26	−0.025%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.94	−0.250%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.03	−0.188%	$460K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.03	−0.185%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.35	+0.038%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.29	−0.006%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.48	+0.128%	$690K	$5.2M	75x	as long as short
Extended AAVE-USDlong	+0.0104%	1h	143.30	long leg	$901K	$1.7M	50x
Aevo AAVE-PERP	+0.0104%	1h	143.28	−0.008%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	143.41	+0.080%	$179K	$247K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.30	+0.003%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	143.29	−0.006%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0323%	1h	143.36	+0.047%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.92	−0.262%	$793K	$2.8M	50x	as long as short