Funding arb · Price arb /

AAVE

all AAVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0036%/8h= +4.0% APRpaid last 24h −0.007%

Price spread now: RISEx against Paradex+0.056%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 RISEx

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.056% dearer against Paradex than usual: you sell high and buy low: +$6 more if the spread 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	142.82	0.0100	pay 0.0100% / 8h	4h 13m	$13K	$4K	20x
Short	RISEx AAVE/USDC	142.90	0.0136	get 0.0017% / 1h	13m 27s	$178K	$242K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.056%Rate

Funding earned: $7.61
Price spread: +0.056% → 0.000%: $5.59
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee RISEx: 3 bp × 2 orders: −$6
Net: $3.2
Costs to cover: 0.100%
Break-even: 4.1 days

Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 45 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 RISEx live order book, 45 min ago	1.30 bp	4.3 bp −$4	12.0 bp −$120	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
01 Exchange AAVEUSD	−0.0144%	1h	142.83	+0.008%	$10K	$2K	5x	as long as short
Deribit AAVE_USDC-PERPETUAL	−0.0030%	1h	142.65	−0.118%	$219K	$401K	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	142.76	−0.039%	$102K	$4K	10x	as long as short
Kalshi KXAAVEPERP	0.0000%	8h	142.69	−0.090%	$46K	$1.5M	3.4x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	142.90	+0.058%	$80K	—	150x	as long as short
Nado AAVE-PERP	+0.0012%	1h	142.72	−0.072%	$841K	$448K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−4.102%	$422	$51K	12x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	142.83	+0.010%	—	—	20x	as long as short
Orderly PERP_AAVE_USDC	+0.0049%	8h	142.95	+0.092%	$18K	$10K	10x	as long as short
Phoenix AAVE	+0.0056%	1h	142.83	+0.008%	$4K	$102K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AAVE-USD	+0.0083%	1h	142.67	−0.104%	$5K	$293K	10x	as long as short
Lighter AAVE	+0.0096%	1h	142.89	+0.048%	$4.5M	$2.0M	10x	as long as short
Paradex AAVE-USD-PERPlong	+0.0100%	8h	142.82	long leg	$13K	$4K	20x
Hyperliquid AAVE	+0.0100%	1h	142.94	+0.085%	$77.0M	$35.5M	10x	as long as short
Aster AAVEUSDT	+0.0100%	8h	142.90	+0.059%	$1.2M	$1.3M	50x	as long as short
Pacifica AAVE	+0.0100%	1h	142.80	−0.010%	$327K	$447K	10x	as long as short
Binance AAVEUSDT	+0.0100%	8h	142.86	+0.029%	$63.9M	$186.5M	75x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	142.86	+0.029%	$61.1M	$67.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0100%	8h	142.87	+0.036%	$17.1M	$64.1M	50x	as long as short
Arcus AAVE-USD	+0.0100%	1h	142.93	+0.078%	$64K	$203K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	142.62	−0.136%	$58K	$2K	10x	as long as short
Gate AAVE_USDT	+0.0100%	8h	142.89	+0.050%	$8.1M	$16.0M	75x	as long as short
MEXC AAVE_USDT	+0.0100%	8h	142.85	+0.022%	$25.1M	$23.8M	200x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	142.89	+0.050%	$10.5M	$9.3M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	142.78	−0.027%	$29.0M	$18.2M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	142.86	+0.029%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	142.74	−0.055%	$336K	$718K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	142.61	−0.146%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	142.61	−0.143%	$103K	$280K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	142.70	−0.083%	$459K	$3.7M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	142.63	−0.132%	$133K	$220K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	142.92	+0.071%	$125K	$386K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	142.64	−0.123%	$2K	$1.3M	20x	as long as short
HTX AAVE-USDT	+0.0100%	8h	142.95	+0.094%	$688K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	142.67	−0.104%	$4.0M	$3.7M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	142.78	−0.026%	$896K	$1.7M	50x	as long as short
Aevo AAVE-PERP	+0.0104%	1h	142.66	−0.112%	$120K	$146	10x	as long as short
RISEx AAVE/USDCshort	+0.0136%	1h	142.90	+0.056%	$178K	$242K	10x
BloFin AAVE-USDT	+0.0220%	8h	142.70	−0.083%	$3.3M	$3.6M	100x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0252% / S −0.0362%	1h	142.91	+0.064%	$112K	—	100x	as long as short
Kraken Futures PF_AAVEUSD	+0.0324%	1h	142.76	−0.040%	$3.4M	$2.1M	50x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0336%	1h	142.82	+0.001%	$792K	$2.8M	50x	as long as short