Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Polymarket Perps against Paradex+0.055%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 Polymarket Perps

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 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.055% dearer against Paradex than usual: you sell high and buy low, +$5 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	140.77	0.0100	pay 0.0100% / 8h	5h 07m	$13K	$444	20x
Short	Polymarket Perps AAVE-USD	140.85	0.0100	get 0.0013% / 1h	7m 28s	$132K	$366K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.055%Rate

Funding earned: $0
Price spread: +0.055% → 0.000%: $5.49
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$6.51
Costs to cover: 0.120%
Break-even: 69983454.9 days

Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 38 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 Polymarket Perps live order book, 38 min ago	3.18 bp	7.9 bp −$8	11.2 bp −$112	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 exchanges

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 AAVEUSD	−0.0032%	1h	140.83	+0.041%	$10K	$2K	5x	as long as short
SoDEX AAVE-USD	−0.0008%	1h	140.81	+0.027%	$7K	$216K	10x	as long as short
dYdX AAVE-USD	0.0000%	1h	140.77	+0.002%	$101K	$6K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	140.83	+0.041%	$51K	$1.3M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	140.83	+0.041%	$207K	$304K	50x	as long as short
Bybit AAVEUSDT	+0.0002%	8h	140.77	−0.002%	$60.7M	$58.9M	75x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	140.85	+0.056%	$78K	—	150x	as long as short
Phoenix AAVE	+0.0028%	1h	140.89	+0.083%	$4K	$81K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−2.708%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	140.76	−0.011%	—	—	20x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni AAVE	+0.0067%	8h	140.64	−0.095%	$3.6M	$758K	—	as long as short
Phemex AAVEUSDT	+0.0073%	8h	140.80	+0.019%	$3.9M	$3.6M	50x	as long as short
Orderly PERP_AAVE_USDC	+0.0084%	8h	140.79	+0.012%	$17K	$2K	10x	as long as short
Lighter AAVE	+0.0096%	1h	140.99	+0.151%	$4.5M	$2.2M	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	140.77	long leg	$13K	$444	20x
Nado AAVE-PERP	+0.0100%	1h	140.64	−0.094%	$809K	$305K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	140.83	+0.041%	$77.4M	$27.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	140.90	+0.090%	$1.2M	$1.0M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	140.84	+0.046%	$343K	$299K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	140.81	+0.023%	$63.5M	$158.5M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	140.64	−0.094%	$16.1M	$51.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	140.94	+0.119%	$94K	$205K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	140.86	+0.066%	$166K	$69K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	140.83	+0.041%	$8.1M	$13.7M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	140.68	−0.066%	$22.3M	$22.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	140.85	+0.055%	$10.2M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	140.66	−0.080%	$29.0M	$15.7M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	140.79	+0.012%	—	$34.6M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	140.70	−0.051%	$108K	$282K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	140.87	+0.070%	$448K	$3.0M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	140.78	+0.005%	$131K	$221K	50x	as long as short
Polymarket Perps AAVE-USDshort	+0.0100%	1h	140.85	+0.055%	$132K	$366K	10x
SunX AAVE-USDT	+0.0100%	8h	140.82	+0.031%	$1K	$1.1M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	141.17	+0.284%	$637K	$1.4M	75x	as long as short
Extended AAVE-USD	+0.0104%	1h	140.71	−0.041%	$912K	$1.4M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	140.83	+0.041%	$119K	—	10x	as long as short
RISEx AAVE/USDC	+0.0112%	1h	140.87	+0.066%	$182K	$226K	10x	as long as short
Backpack AAVE_USDC_PERP	+0.0138%	1h	140.94	+0.119%	$385K	$594K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	140.70	−0.052%	$3.2M	$3.3M	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0240%	1h	141.36	+0.417%	$755K	$2.1M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0254% / S −0.0365%	1h	140.75	−0.019%	$111K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0308%	1h	140.94	+0.122%	$3.4M	$1.8M	50x	as long as short