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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.51 per $10,000 · paid last 24h −0.022%
Price spread now: Orderly against Paradex−0.038%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.038% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex AAVE-USD-PERP146.040.0100pay 0.0100% / 8h7h 39m$14K$4K20x
ShortOrderly PERP_AAVE_USDC145.980.0049get 0.0049% / 8h7h 39m$18K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
−$10.72
Price spread: −0.038% → 0.000%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$24.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and Orderly: 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
Kraken Futures PF_AAVEUSD−0.0184%1h146.12+0.059%$3.5M$2.1M50xas long as short
01 Exchange AAVEUSD−0.0128%1h145.96−0.052%$11K$2K5xas long as short
SoDEX AAVE-USD−0.0081%1h145.96−0.052%$5K$305K10xas long as short
Phemex AAVEUSDT−0.0046%8h145.97−0.045%$4.1M$3.8M50xas long as short
Deribit AAVE_USDC-PERPETUAL−0.0024%1h146.01−0.018%$255K$373K50xas long as short
dYdX AAVE-USD0.0000%1h146.08+0.033%$104K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h145.80−0.161%$77K$1.5M3.4xas long as short
Phoenix AAVE0.0000%1h146.21+0.119%$5K$102K10xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h146.09+0.037%$71K150xas long as short
MEXC AAVE_USDT+0.0024%8h145.96−0.052%$29.3M$25.7M200xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AAVEUSDT+0.0024%8h145.94−0.065%$66.1M$186.8M75xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−6.215%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h145.96−0.053%20xas long as short
Orderly PERP_AAVE_USDCshort+0.0049%8h145.98−0.038%$18K$10K10x
ApeX Omni AAVEUSDT+0.0049%1h145.80−0.161%$136K$230K50xas long as short
Gate AAVE_USDT+0.0053%8h146.00−0.025%$7.9M$15.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0063%8h145.91−0.086%$17.9M$67.2M50xas long as short
Aevo AAVE-PERP+0.0088%1h146.00−0.026%$123K$14610xas long as short
Lighter AAVE+0.0096%1h146.21+0.119%$4.7M$1.5M10xas long as short
BloFin AAVE-USDT+0.0096%8h145.90−0.093%$3.5M$4.1M100xas long as short
Paradex AAVE-USD-PERPlong+0.0100%8h146.04long leg$14K$4K20x
Nado AAVE-PERP+0.0100%1h145.91−0.084%$798K$446K10xas long as short
Hyperliquid AAVE+0.0100%1h146.10+0.044%$79.7M$35.5M10xas long as short
Aster AAVEUSDT+0.0100%8h146.03−0.004%$1.4M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h145.97−0.045%$333K$503K10xas long as short
Bybit AAVEUSDT+0.0100%8h145.93−0.072%$62.4M$65.6M75xas long as short
Arcus AAVE-USD+0.0100%1h146.04+0.003%$46K$278K10xas long as short
Bulk AAVE-USD+0.0100%1h146.05+0.010%$61K−$010xas long as short
KuCoin AAVEUSDTM+0.0100%8h145.97−0.045%$10.0M$8.7M75xas long as short
Bitget AAVEUSDT+0.0100%8h146.02−0.011%$30.3M$18.2M75xas long as short
BingX AAVE-USDT+0.0100%8h145.98−0.038%$44.1Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h146.11+0.051%$346K$734K10xas long as short
Variational Omni AAVE+0.0100%8h146.08+0.032%$3.8M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h146.12+0.058%$105K$316K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h146.12+0.056%$462K$3.9M10xas long as short
Polymarket Perps AAVE-USD+0.0100%1h146.03−0.004%$128K$430K10xas long as short
SunX AAVE-USDT+0.0100%8h145.98−0.035%$1K$1.3M20xas long as short
HTX AAVE-USDT+0.0100%8h146.12+0.058%$698K$5.1M75xas long as short
Extended AAVE-USD+0.0104%1h145.87−0.113%$932K$1.7M50xas long as short
RISEx AAVE/USDC+0.0107%1h146.05+0.010%$185K$246K10xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0269% / S −0.0449%1h146.07+0.026%$128K100xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h146.08+0.030%$786K$3.1M50xas long as short