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

AAVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.041%
Price spread now: Kalshi against Paradex+0.138%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Kalshi is 0.138% dearer against Paradex than usual: you sell high and buy low (spread +0.138% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex AAVE-USD-PERP142.260.0100pay 0.0100% / 8h1h 42m$13K$4K20x
ShortKalshi KXAAVEPERP142.460get 0.0000% / 8h5h 42m$51K$1.5M3.4x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kalshi 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
−$21
Price spread: +0.138% → 0.000%
$13.81
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Kalshi: 5 bp × 2 orders
−$10
Net
−$21.19
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Kalshi: live order book, 1 min ago. 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 Kalshi live order book, 1 min ago6.32 bp16.6 bp −$1727.5 bp −$275doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX AAVE-USD0.0000%1h142.39+0.089%$102K$4K10xas long as short
Kalshi KXAAVEPERPshort0.0000%8h142.46+0.138%$51K$1.5M3.4x
Deribit AAVE_USDC-PERPETUAL0.0000%1h142.37+0.075%$217K$396K50xas long as short
gTrade (Gains Network) AAVE/USDL +0.0005% / S −0.0004%1h142.38+0.083%$80K150xas long as short
Injective AAVE/USDC PERP+0.0033%1h136.96−3.728%$422$51K12xas long as short
Reya AAVERUSDPERP+0.0044%1h142.31+0.035%20xas long as short
Nado AAVE-PERP+0.0062%1h142.26+0.001%$823K$401K10xas long as short
Orderly PERP_AAVE_USDC+0.0077%8h142.36+0.068%$18K$10K10xas long as short
Phoenix AAVE+0.0089%1h142.80+0.377%$4K$108K10xas long as short
Lighter AAVE+0.0096%1h142.41+0.102%$4.5M$2.4M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AAVE-USD-PERPlong+0.0100%8h142.26long leg$13K$4K20x
Aster AAVEUSDT+0.0100%8h142.40+0.096%$1.2M$1.2M50xas long as short
Pacifica AAVE+0.0100%1h142.32+0.041%$325K$449K10xas long as short
Binance AAVEUSDT+0.0100%8h142.36+0.068%$64.2M$192.0M75xas long as short
Bybit AAVEUSDT+0.0100%8h142.34+0.054%$61.2M$68.4M75xas long as short
OKX AAVE-USDT-SWAP+0.0100%8h142.37+0.075%$17.0M$65.4M50xas long as short
Arcus AAVE-USD+0.0100%1h142.41+0.103%$63K$197K10xas long as short
Gate AAVE_USDT+0.0100%8h142.34+0.054%$8.0M$15.9M75xas long as short
MEXC AAVE_USDT+0.0100%8h142.37+0.075%$24.9M$24.0M200xas long as short
KuCoin AAVEUSDTM+0.0100%8h142.41+0.103%$10.2M$9.5M75xas long as short
Bitget AAVEUSDT+0.0100%8h142.37+0.075%$29.1M$18.4M75xas long as short
BingX AAVE-USDT+0.0100%8h142.35+0.061%$43.5Mas long as short
Backpack AAVE_USDC_PERP+0.0100%1h142.50+0.166%$335K$723K10xas long as short
Variational Omni AAVE+0.0100%8h142.34+0.054%$3.7M$1.3Mas long as short
edgeX AAVEUSDC+0.0100%4h142.55+0.203%$107K$283K20xas long as short
GRVT AAVE_USDT_Perp+0.0100%8h142.76+0.347%$452K$3.9M10xas long as short
ApeX Omni AAVEUSDT+0.0100%1h142.58+0.222%$133K$222K50xas long as short
Polymarket Perps AAVE-USD+0.0100%1h142.40+0.096%$141K$471K10xas long as short
SunX AAVE-USDT+0.0100%8h142.35+0.059%$1K$1.3M20xas long as short
SoDEX AAVE-USD+0.0100%1h142.41+0.103%$5K$311K10xas long as short
HTX AAVE-USDT+0.0100%8h142.82+0.391%$678K$5.3M75xas long as short
Phemex AAVEUSDT+0.0100%8h142.43+0.117%$4.0M$3.6M50xas long as short
Bulk AAVE-USD+0.0100%1h142.36+0.065%$57K−$010xas long as short
Extended AAVE-USD+0.0104%1h142.25−0.010%$906K$1.7M50xas long as short
Aevo AAVE-PERP+0.0104%1h142.39+0.091%$120K$14610xas long as short
01 Exchange AAVEUSD+0.0136%1h142.46+0.138%$10K$2K5xas long as short
Hyperliquid AAVE+0.0190%1h142.53+0.187%$77.9M$37.3M10xas long as short
BloFin AAVE-USDT+0.0220%8h142.47+0.145%$3.3M$3.6M100xas long as short
GMX AAVE/USD [AAVE-USDC]L +0.0252% / S −0.0362%1h142.38+0.081%$111K100xas long as short
RISEx AAVE/USDC+0.0256%1h142.38+0.083%$195K$262K10xas long as short
Coinbase International AAVE-PERP-INTX+0.0296%1h142.70+0.307%$756K$2.9M50xas long as short
Kraken Futures PF_AAVEUSD+0.0316%1h142.51+0.176%$3.4M$2.1M50xas long as short