Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.1% APRpaid last 24h −0.005%

Price spread now: Paradex against 01 Exchange−0.007%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Paradex

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: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange AAVEUSD	144.43	−0.0056	get 0.0007% / 1h	27m 45s	$11K	$2K	5x
Short	Paradex AAVE-USD-PERP	144.42	0.0100	get 0.0100% / 8h	6h 27m	$14K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against 01 Exchange. 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 01 ExchangebpFee ParadexbpOrdersPrice spread, now −0.007%Rate

Funding earned: $32.72
Price spread: −0.007% → 0.000%: −$0.72
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: $21
Costs to cover: 0.110%
Break-even: 2.5 days

Slippage unknown: 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy 01 Exchange no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

01 Exchange 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 41 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 AAVEUSDlong	−0.0056%	1h	144.43	long leg	$11K	$2K	5x
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.67	+0.168%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.37	−0.044%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	144.21	−0.152%	$70K	$1.4M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.59	+0.111%	$251K	$362K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.54	+0.073%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.55	+0.083%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.172%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.54	+0.076%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	−0.023%	—	—	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0053%	8h	144.54	+0.076%	$26.9M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0055%	8h	144.57	+0.100%	$65.3M	$184.3M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0072%	8h	144.52	+0.062%	$17.4M	$65.6M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.48	+0.037%	$189K	$231K	10x	as long as short
Lighter AAVE	+0.0096%	1h	144.74	+0.217%	$4.7M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.60	+0.115%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERPshort	+0.0100%	8h	144.42	−0.007%	$14K	$4K	20x
Nado AAVE-PERP	+0.0100%	1h	144.39	−0.024%	$803K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.63	+0.138%	$78.3M	$35.7M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	144.64	+0.147%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	144.41	−0.014%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.54	+0.076%	$61.9M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.45	+0.014%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.50	−0.646%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	144.58	+0.104%	$7.8M	$15.2M	75x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.59	+0.111%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.53	+0.069%	$30.1M	$18.0M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	144.56	+0.090%	—	$44.1M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.71	+0.194%	$323K	$747K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.14	−0.199%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.20	−0.163%	$104K	$319K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.87	−0.385%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.20	−0.159%	$134K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.48	+0.035%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.44	+0.004%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.55	+0.083%	$5K	$298K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.59	+0.114%	$701K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.60	+0.118%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.50	+0.047%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0238% / S −0.0364%	1h	144.51	+0.058%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.56	+0.090%	$775K	$2.8M	50x	as long as short