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 −0.021%

Price spread now: MEXC against Paradex+0.009%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 MEXC

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 airdropParadex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AAVE-USD-PERP	142.57	0.0100	pay 0.0100% / 8h	4h 26m	$13K	$4K	20x
Short	MEXC AAVE_USDT	142.58	0.0100	get 0.0100% / 8h	4h 26m	$25.1M	$23.8M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0.06
Price spread: +0.009% → 0.000%: $0.88
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee MEXC: 0 bp × 2 orders: $0
Net: −$3.06
Costs to cover: 0.040%
Break-even: 365.5 days

Slippage unknown: Paradex: no order-book sample; MEXC: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell MEXC live order book, 2 min ago	0.35 bp	1.8 bp −$2	5.8 bp −$58	37.5 bp −$3,746	119.2 bp −$59.6K

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	−0.0152%	1h	142.57	+0.002%	$10K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.73	+0.114%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.63	+0.044%	$46K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.69	+0.086%	$219K	$401K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.65	+0.054%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0015%	1h	142.51	−0.037%	$840K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.933%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.59	+0.013%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0048%	8h	142.63	+0.044%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	143.03	+0.324%	$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
Lighter AAVE	+0.0096%	1h	142.69	+0.087%	$4.5M	$2.0M	10x	as long as short
SoDEX AAVE-USD	+0.0098%	1h	142.68	+0.079%	$5K	$292K	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	142.57	long leg	$13K	$4K	20x
Hyperliquid AAVE	+0.0100%	1h	142.70	+0.093%	$76.9M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.64	+0.048%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.70	+0.091%	$327K	$448K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.61	+0.030%	$63.8M	$186.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.61	+0.030%	$61.0M	$67.1M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.64	+0.051%	$17.1M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.70	+0.093%	$64K	$205K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	141.50	−0.752%	$57K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.66	+0.065%	$8.1M	$15.9M	75x	as long as short
MEXC AAVE_USDTshort	+0.0100%	8h	142.58	+0.009%	$25.1M	$23.8M	200x
KuCoin AAVEUSDTM	+0.0100%	8h	142.64	+0.051%	$10.5M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.50	−0.047%	$29.0M	$18.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.62	+0.037%	—	$43.7M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.83	+0.184%	$336K	$719K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.70	+0.093%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.66	+0.063%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.75	+0.128%	$446K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	143.09	+0.367%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.66	+0.065%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.62	+0.040%	$1K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.75	+0.125%	$688K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.62	+0.037%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.53	−0.027%	$896K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.68	+0.075%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0136%	1h	142.60	+0.026%	$178K	$242K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.72	+0.107%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.59	+0.016%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.81	+0.171%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.09	+0.367%	$793K	$2.8M	50x	as long as short