Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Paradex+0.231%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 edgeX

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 · edgeX: 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: edgeX is 0.231% dearer against Paradex than usual: you sell high and buy low, +$23 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	142.36	0.0100	pay 0.0100% / 8h	1h 45m	$13K	$4K	20x
Short	edgeX AAVEUSDC	142.69	0.0100	get 0.0050% / 4h	1h 45m	$107K	$283K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.231%Rate

Funding earned: $0
Price spread: +0.231% → 0.000%: $23.08
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $10.08
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; edgeX: live order book, 63 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 edgeX live order book, 63 min ago	3.49 bp	8.0 bp −$8	12.4 bp −$124	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
dYdX AAVE-USD	0.0000%	1h	142.39	+0.021%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.37	+0.005%	$51K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.76	+0.279%	$217K	$396K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.76	+0.281%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.795%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.69	+0.228%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0048%	1h	142.68	+0.227%	$827K	$401K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0077%	8h	142.73	+0.258%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.30	+0.659%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.85	+0.343%	$4.5M	$2.4M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AAVE-USD-PERPlong	+0.0100%	8h	142.36	long leg	$13K	$4K	20x
Aster AAVEUSDT	+0.0100%	8h	142.68	+0.224%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.45	+0.060%	$325K	$449K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.63	+0.186%	$64.2M	$192.1M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.55	+0.132%	$61.3M	$68.4M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.57	+0.146%	$17.0M	$65.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.64	+0.195%	$64K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.88	+0.366%	$58K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.67	+0.216%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.72	+0.251%	$25.0M	$24.0M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.74	+0.265%	$10.3M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.66	+0.209%	$29.2M	$18.4M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.67	+0.216%	—	$43.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.80	+0.307%	$335K	$724K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.34	−0.016%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDCshort	+0.0100%	4h	142.69	+0.231%	$107K	$283K	20x
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.76	+0.278%	$452K	$3.9M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.70	+0.237%	$133K	$223K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.80	+0.307%	$141K	$471K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.76	+0.277%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.72	+0.251%	$5K	$311K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.93	+0.396%	$678K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.74	+0.265%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.68	+0.222%	$906K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.77	+0.283%	$121K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0128%	1h	142.62	+0.181%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0212%	1h	142.78	+0.293%	$78.1M	$37.2M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.77	+0.286%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.78	+0.291%	$112K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.60	+0.164%	$195K	$262K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.70	+0.237%	$756K	$2.9M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0316%	1h	142.85	+0.342%	$3.4M	$2.1M	50x	as long as short