Funding arb · Price arb /

AAVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against Polymarket Perps−0.099%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on Paradex

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: Paradex is 0.099% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$10 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	Polymarket Perps AAVE-USD	142.24	0.0100	pay 0.0013% / 1h	30m 14s	$141K	$472K	10x
Short	Paradex AAVE-USD-PERP	142.10	0.0100	get 0.0100% / 8h	1h 30m	$13K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Polymarket Perps. 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 Polymarket PerpsbpFee ParadexbpOrdersPrice spread, now −0.099%Rate

Funding earned: $0
Price spread: −0.099% → 0.000%: −$9.88
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$21.88
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 12 min ago; 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 Polymarket Perps live order book, 12 min ago	3.51 bp	7.5 bp −$8	7.8 bp −$78	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	142.27	+0.019%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.19	−0.035%	$50K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	142.23	−0.007%	$216K	$398K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.19	−0.037%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−3.712%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.16	−0.054%	—	—	20x	as long as short
Nado AAVE-PERP	+0.0058%	1h	142.13	−0.081%	$825K	$389K	10x	as long as short
Orderly PERP_AAVE_USDC	+0.0079%	8h	142.21	−0.021%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	142.10	−0.098%	$4K	$108K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.36	+0.082%	$4.5M	$2.5M	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-PERPshort	+0.0100%	8h	142.10	−0.099%	$13K	$4K	20x
Aster AAVEUSDT	+0.0100%	8h	142.26	+0.015%	$1.2M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.16	−0.053%	$325K	$450K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.23	−0.007%	$64.0M	$190.3M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.20	−0.028%	$61.2M	$68.0M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.21	−0.021%	$17.0M	$64.5M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.23	−0.007%	$63K	$197K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.07	−0.116%	$57K	−$0	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.20	−0.028%	$8.0M	$15.9M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.22	−0.014%	$24.7M	$24.1M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.23	−0.007%	$10.2M	$9.5M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.25	+0.007%	$29.1M	$18.1M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	142.19	−0.035%	—	$43.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.32	+0.056%	$374K	$721K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.15	−0.063%	$3.7M	$1.2M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.12	−0.083%	$107K	$283K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.24	+0.001%	$447K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.20	−0.028%	$132K	$222K	50x	as long as short
Polymarket Perps AAVE-USDlong	+0.0100%	1h	142.24	long leg	$141K	$472K	10x
SunX AAVE-USDT	+0.0100%	8h	142.20	−0.030%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	142.21	−0.021%	$5K	$285K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.19	−0.032%	$673K	$5.3M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.24	0.000%	$4.0M	$3.6M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.17	−0.049%	$905K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.24	−0.004%	$120K	$146	10x	as long as short
01 Exchange AAVEUSD	+0.0120%	1h	142.18	−0.042%	$10K	$2K	5x	as long as short
Hyperliquid AAVE	+0.0171%	1h	142.31	+0.049%	$77.8M	$37.1M	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	142.16	−0.056%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.20	−0.027%	$111K	—	100x	as long as short
RISEx AAVE/USDC	+0.0256%	1h	142.19	−0.038%	$193K	$263K	10x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	142.33	+0.063%	$754K	$2.8M	50x	as long as short
Kraken Futures PF_AAVEUSD	+0.0317%	1h	142.33	+0.062%	$3.4M	$2.1M	50x	as long as short