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

AAVE

all AAVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.011%
Price spread now: Paradex against Orderly−0.021%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
Funding pays, the price is against you. Paradex is 0.021% cheaper against Orderly than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5.5 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AAVE_USDC141.370.0087pay 0.0087% / 8h7h 41m$17K$8K10x
ShortParadex AAVE-USD-PERP141.340.0100get 0.0100% / 8h7h 41m$13K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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
$2.69
Price spread: −0.021% → 0.000%
−$2.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.42
Costs to cover
0.100%
Break-even
31.5 days
Slippage unknown: Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Paradex no order-book sample
Orderly 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 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
Deribit AAVE_USDC-PERPETUAL−0.0033%1h141.39+0.014%$213K$392K50xas long as short
dYdX AAVE-USD0.0000%1h141.48+0.075%$102K$5K10xas long as short
Kalshi KXAAVEPERP0.0000%8h141.44+0.050%$52K$1.4M3.4xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h141.42+0.037%$79K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.119%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h141.42+0.036%20xas long as short
Orderly PERP_AAVE_USDClong+0.0087%8h141.37long leg$17K$8K10x
01 Exchange AAVEUSD+0.0096%1h141.52+0.106%$10K$2K5xas long as short
Phoenix AAVE+0.0096%1h141.66+0.205%$4K$99K10xas long as short
Paradex AAVE-USD-PERPshort+0.0100%8h141.34−0.021%$13K$4K20x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AAVE-PERP+0.0100%1h141.37+0.002%$827K$400K10xas long as short
Hyperliquid AAVE+0.0100%1h141.44+0.049%$77.2M$37.1M10xas long as short
Aster AAVEUSDT+0.0100%8h141.40+0.021%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h141.41+0.026%$329K$391K10xas long as short
Binance AAVEUSDT+0.0100%8h141.31−0.040%$63.5M$191.9M75xas long as short
Bybit AAVEUSDT+0.0100%8h141.28−0.064%$60.9M$69.2M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h141.28−0.064%$16.6M$64.9M50xas long as short
Arcus AAVE-USD+0.0100%1h141.57+0.141%$94K$224K10xas long as short
Bulk AAVE-USD+0.0100%1h141.50+0.089%$163K$106K10xas long as short
Gate AAVE_USDT+0.0100%8h141.34−0.021%$8.1M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h141.32−0.035%$22.8M$24.1M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h141.35−0.014%$10.2M$9.6M75xas long as short
Bitget AAVEUSDT+0.0100%8h141.27−0.071%$28.7M$18.0M75xas long as short
BingX AAVE-USDC+0.0100%8h141.32−0.035%$6.5Mas long as short
Variational Omni AAVE+0.0100%8h141.51+0.100%$3.7M$1.2Mas long as short
edgeX AAVEUSDC+0.0100%4h141.51+0.099%$109K$284K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h141.58+0.149%$452K$3.5M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h141.60+0.163%$132K$220K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h141.52+0.106%$134K$474K10xas long as short
SunX AAVE-USDT+0.0100%8h141.45+0.059%$2K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h141.370.000%$5K$299K10xas long as short
HTX AAVE-USDT+0.0100%8h141.55+0.130%$666K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h141.41+0.028%$3.9M$3.6M50xas long as short
Extended AAVE-USD+0.0104%1h141.27−0.071%$909K$1.8M50xas long as short
Aevo AAVE-PERP+0.0104%1h141.41+0.032%$119K$14610xas long as short
Lighter AAVE+0.0184%1h141.53+0.116%$4.5M$2.5M10xas long as short
Backpack AAVE_USDC_PERP+0.0193%1h141.44+0.050%$385K$732K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0216%1h141.83+0.325%$755K$2.8M50xas long as short
BloFin AAVE-USDT+0.0220%8h141.370.000%$3.2M$3.5M100xas long as short
RISEx AAVE/USDC+0.0223%1h141.51+0.099%$172K$298K10xas long as short
Kraken Futures PF_AAVEUSD+0.0249%1h141.46+0.062%$3.4M$2.1M50xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0360%1h141.44+0.049%$110K100xas long as short