Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Paradex+0.032%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 Pacifica

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 · Pacifica: 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: Pacifica is 0.032% dearer against Paradex 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	Paradex AAVE-USD-PERP	146.05	0.0100	pay 0.0100% / 8h	30m 21s	$14K	$4K	20x
Short	Pacifica AAVE	146.10	0.0100	get 0.0013% / 1h	30m 21s	$333K	$504K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.032%Rate

Funding earned: $0.02
Price spread: +0.032% → 0.000%: $3.17
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$8.81
Costs to cover: 0.120%
Break-even: 2839.4 days

Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 48 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 Pacifica live order book, 48 min ago	2.41 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit

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
Deribit AAVE_USDC-PERPETUAL	−0.0160%	1h	146.15	+0.066%	$255K	$394K	50x	as long as short
SoDEX AAVE-USD	−0.0076%	1h	146.12	+0.045%	$5K	$305K	10x	as long as short
Phoenix AAVE	−0.0027%	1h	146.34	+0.196%	$5K	$99K	10x	as long as short
01 Exchange AAVEUSD	−0.0008%	1h	146.13	+0.052%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	146.13	+0.054%	$104K	$5K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	146.15	+0.066%	$85K	$1.5M	3.4x	as long as short
Kraken Futures PF_AAVEUSD	+0.0002%	1h	146.24	+0.131%	$3.5M	$2.1M	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	146.15	+0.063%	$71K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−6.226%	$422	$51K	12x	as long as short
MEXC AAVE_USDT	+0.0040%	8h	146.10	+0.032%	$30.4M	$25.8M	200x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AAVEUSDT	+0.0040%	8h	146.07	+0.011%	$66.6M	$185.9M	75x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	146.07	+0.013%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0052%	8h	146.07	+0.011%	$18K	$12K	10x	as long as short
OKX AAVE-USDT-SWAP	+0.0073%	8h	146.06	+0.004%	$18.0M	$67.7M	50x	as long as short
Gate AAVE_USDT	+0.0078%	8h	146.11	+0.039%	$7.9M	$15.9M	75x	as long as short
Aevo AAVE-PERP	+0.0088%	1h	146.15	+0.068%	$123K	$146	10x	as long as short
Lighter AAVE	+0.0096%	1h	146.29	+0.161%	$4.7M	$1.6M	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	146.05	long leg	$14K	$4K	20x
Nado AAVE-PERP	+0.0100%	1h	146.09	+0.028%	$804K	$442K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	146.28	+0.152%	$80.7M	$34.6M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	146.15	+0.065%	$1.4M	$1.2M	50x	as long as short
Pacifica AAVEshort	+0.0100%	1h	146.10	+0.032%	$333K	$504K	10x
Bybit AAVEUSDT	+0.0100%	8h	146.09	+0.025%	$62.3M	$65.9M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	146.09	+0.025%	$51K	$273K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	146.07	+0.011%	$61K	$360	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	146.09	+0.025%	$10.0M	$8.6M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	146.02	−0.023%	$30.4M	$18.3M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	146.08	+0.018%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	146.25	+0.134%	$348K	$745K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	146.17	+0.078%	$3.8M	$1.4M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	146.18	+0.087%	$105K	$317K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	146.26	+0.139%	$462K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	146.19	+0.093%	$136K	$229K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	146.14	+0.059%	$128K	$456K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	146.11	+0.040%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	146.21	+0.108%	$698K	$5.0M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	146.19	+0.093%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	146.02	−0.026%	$935K	$1.7M	50x	as long as short
RISEx AAVE/USDC	+0.0106%	1h	146.14	+0.060%	$186K	$246K	10x	as long as short
BloFin AAVE-USDT	+0.0161%	8h	146.20	+0.100%	$3.5M	$4.1M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0267% / S −0.0438%	1h	146.14	+0.057%	$126K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0280%	1h	146.33	+0.189%	$788K	$3.0M	50x	as long as short