Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Paradex+0.007%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AAVE-USD-PERP	142.08	0.0100	pay 0.0100% / 8h	4h 45m	$13K	$4K	20x
Short	gTrade (Gains Network) AAVE/USD	142.09	L +0.0005% / S −0.0004%	get 0.0000% / 1h	45m 39s	$79K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Paradex. 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 ParadexbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.007%Rate

Funding earned: −$20.1
Price spread: +0.007% → 0.000%: $0.7
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$33.4
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 Paradex no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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	−0.0176%	1h	142.10	+0.011%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0037%	1h	142.19	+0.075%	$5K	$298K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.14	+0.042%	$101K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.04	−0.031%	$47K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.12	+0.025%	$220K	$399K	50x	as long as short
gTrade (Gains Network) AAVE/USDshort	L +0.0005% / S −0.0004%	1h	142.09	+0.007%	$79K	—	150x
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.606%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.00	−0.062%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0046%	8h	142.11	+0.018%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0049%	1h	142.13	+0.029%	$842K	$447K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix AAVE	+0.0056%	1h	142.03	−0.038%	$4K	$102K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.14	+0.039%	$4.5M	$1.9M	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	142.08	long leg	$13K	$4K	20x
Hyperliquid AAVE	+0.0100%	1h	142.10	+0.011%	$76.7M	$35.3M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.14	+0.037%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.07	−0.007%	$323K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.11	+0.018%	$63.5M	$185.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.07	−0.010%	$60.8M	$66.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.07	−0.010%	$17.0M	$63.7M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.19	+0.075%	$63K	$204K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.13	+0.032%	$8.0M	$15.6M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.14	+0.039%	$25.1M	$23.6M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.06	−0.017%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	141.97	−0.080%	$28.9M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.06	−0.017%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.27	+0.131%	$338K	$715K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.05	−0.025%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	141.83	−0.179%	$102K	$279K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	141.90	−0.131%	$448K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	141.88	−0.144%	$132K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.09	+0.004%	$122K	$384K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.05	−0.024%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.25	+0.115%	$684K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.14	+0.039%	$4.0M	$3.7M	50x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.68	+0.417%	$58K	$2K	10x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.06	−0.015%	$895K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.17	+0.057%	$120K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.18	+0.066%	$177K	$241K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	141.91	−0.123%	$3.3M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.08	0.000%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0325%	1h	142.27	+0.129%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.12	+0.025%	$775K	$2.8M	50x	as long as short