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% APRnext payment −$0.00 per $10,000 · paid last 24h +0.007%

Price spread now: Paradex against KuCoin−0.177%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 0.177% cheaper against KuCoin than usual: you would sell low and buy high, −$18 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	KuCoin AAVEUSDTM	143.85	0.0100	pay 0.0100% / 8h	5h 25m	$10.7M	$9.2M	75x
Short	Paradex AAVE-USD-PERP	143.60	0.0100	get 0.0100% / 8h	5h 25m	$13K	$4K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against KuCoin. 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 KuCoinbpFee ParadexbpOrdersPrice spread, now −0.177%Rate

Funding earned: −$0.04
Price spread: −0.177% → 0.000%: −$17.67
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$33.72
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago	0.70 bp	14.5 bp −$15	32.4 bp −$324	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
01 Exchange AAVEUSD	−0.0056%	1h	143.77	−0.056%	$11K	$2K	5x	as long as short
dYdX AAVE-USD	0.0000%	1h	143.60	−0.174%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	143.65	−0.139%	$59K	$1.5M	3.4x	as long as short
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	143.77	−0.056%	$228K	$389K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	143.77	−0.053%	$80K	—	150x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.790%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	143.74	−0.074%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	143.76	−0.063%	$18K	$10K	10x	as long as short
Nado AAVE-PERP	+0.0049%	1h	143.71	−0.094%	$831K	$432K	10x	as long as short
Phoenix AAVE	+0.0089%	1h	143.86	+0.007%	$5K	$98K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AAVE	+0.0096%	1h	143.96	+0.079%	$4.6M	$1.5M	10x	as long as short
Paradex AAVE-USD-PERPshort	+0.0100%	8h	143.60	−0.177%	$13K	$4K	20x
Hyperliquid AAVE	+0.0100%	1h	143.87	+0.014%	$77.8M	$35.4M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	143.80	−0.036%	$1.3M	$1.2M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	143.65	−0.140%	$327K	$433K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	143.77	−0.053%	$64.4M	$182.7M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	143.76	−0.063%	$61.4M	$64.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	143.73	−0.083%	$17.2M	$63.3M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	143.80	−0.035%	$44K	$179K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.90	+0.035%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	143.82	−0.021%	$7.9M	$15.1M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	143.74	−0.076%	$25.9M	$23.6M	200x	as long as short
KuCoin AAVEUSDTMlong	+0.0100%	8h	143.85	long leg	$10.7M	$9.2M	75x
Bitget AAVEUSDT	+0.0100%	8h	143.81	−0.028%	$30.1M	$17.3M	75x	as long as short
BingX AAVE-USDT	+0.0100%	8h	143.80	−0.035%	—	$43.8M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	143.90	+0.035%	$321K	$699K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	143.70	−0.107%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	143.93	+0.055%	$104K	$277K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.96	+0.080%	$453K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.04	+0.132%	$134K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	143.84	−0.007%	$126K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	143.75	−0.069%	$1K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	143.77	−0.056%	$5K	$301K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	143.91	+0.045%	$694K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	143.80	−0.035%	$4.1M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	143.70	−0.107%	$918K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	143.78	−0.047%	$121K	$146	10x	as long as short
RISEx AAVE/USDC	+0.0195%	1h	143.82	−0.019%	$187K	$235K	10x	as long as short
BloFin AAVE-USDT	+0.0220%	8h	143.53	−0.222%	$3.4M	$3.5M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0263% / S −0.0420%	1h	143.76	−0.061%	$124K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0267%	1h	143.89	+0.026%	$3.5M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	143.97	+0.083%	$783K	$2.8M	50x	as long as short