Settings8H · net · $10k
Funding arb · Price arb /

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.023%
Price spread now: Paradex against Orderly+0.032%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.032% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC144.430.0054pay 0.0054% / 8h2h 30m$18K$12K10x
ShortParadex AAVE-USD-PERP144.480.0100get 0.0100% / 8h2h 30m$14K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$9.66
Price spread: +0.032% → 0.000%
$3.21
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
$2.86
Costs to cover
0.100%
Break-even
4.9 days
Slippage unknown: Orderly: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Paradex no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AAVE_USDC-PERPETUAL−0.0373%1h144.46+0.021%$249K$483K50xas long as short
SoDEX AAVE-USD−0.0190%1h144.430.000%$5K$299K10xas long as short
01 Exchange AAVEUSD−0.0136%1h144.48+0.035%$11K$2K5xas long as short
Phoenix AAVE−0.0044%1h144.430.000%$4K$101K10xas long as short
dYdX AAVE-USD0.0000%1h144.52+0.065%$103K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h144.39−0.028%$71K$1.6M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h144.45+0.017%$70K150xas long as short
ApeX Omni AAVEUSDT+0.0006%1h144.42−0.007%$134K$229K50xas long as short
Kraken Futures PF_AAVEUSD+0.0012%1h144.57+0.095%$3.4M$2.1M50xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−5.172%$422$51K12xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya AAVERUSDPERP+0.0044%1h144.43+0.003%20xas long as short
OKX AAVE-USDT-SWAP+0.0051%8h144.47+0.028%$17.5M$65.8M50xas long as short
Orderly PERP_AAVE_USDClong+0.0054%8h144.43long leg$18K$12K10x
Gate AAVE_USDT+0.0055%8h144.46+0.021%$7.7M$15.8M75xas long as short
MEXC AAVE_USDT+0.0063%8h144.430.000%$31.7M$26.2M200xas long as short
Binance AAVEUSDT+0.0063%8h144.430.000%$65.7M$183.5M75xas long as short
Nado AAVE-PERP+0.0089%1h144.38−0.031%$801K$436K10xas long as short
GRVT AAVE_USDT_Perp+0.0094%8h144.35−0.053%$455K$3.9M10xas long as short
Lighter AAVE+0.0096%1h144.66+0.159%$4.6M$1.6M10xas long as short
Aevo AAVE-PERP+0.0096%1h144.48+0.032%$122K$14610xas long as short
RISEx AAVE/USDC+0.0097%1h144.52+0.063%$180K$241K10xas long as short
Paradex AAVE-USD-PERPshort+0.0100%8h144.48+0.032%$14K$4K20x
Hyperliquid AAVE+0.0100%1h144.59+0.111%$80.3M$33.0M10xas long as short
Aster AAVEUSDT+0.0100%8h144.51+0.055%$1.3M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h144.48+0.036%$329K$505K10xas long as short
Bybit AAVEUSDT+0.0100%8h144.50+0.048%$61.5M$65.4M75xas long as short
Arcus AAVE-USD+0.0100%1h144.47+0.028%$50K$274K10xas long as short
Bulk AAVE-USD+0.0100%1h144.30−0.092%$61K$3K10xas long as short
KuCoin AAVEUSDTM+0.0100%8h144.52+0.062%$10.3M$8.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h144.48+0.035%$30.1M$18.2M75xas long as short
BingX AAVE-USDC+0.0100%8h144.46+0.021%$6.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h144.59+0.111%$378K$702K10xas long as short
Variational Omni AAVE+0.0100%8h144.08−0.242%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h144.32−0.073%$101K$314K20xas long as short
Polymarket Perps AAVE-USD+0.0100%1h144.52+0.062%$126K$468K10xas long as short
SunX AAVE-USDT+0.0100%8h144.45+0.016%$2K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h144.58+0.107%$723K$4.9M75xas long as short
Phemex AAVEUSDT+0.0100%8h144.47+0.028%$4.1M$3.8M50xas long as short
Extended AAVE-USD+0.0104%1h144.45+0.011%$928K$1.8M50xas long as short
BloFin AAVE-USDT+0.0183%8h144.430.000%$3.5M$5.3M100xas long as short
Coinbase International AAVE-PERP-INTX+0.0248%1h144.36−0.048%$777K$3.0M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0266% / S −0.0438%1h144.45+0.015%$124K100xas long as short