AAVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.039%

Price spread now: Kalshi against Aster−0.190%7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$540.544% of the position

Long on Aster Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.205%−$20 on $10k

Price spread, last 4 days (all we have)+0.603%+$60 · spread now −0.190%, 7d avg −0.089%

Together, before fees+0.398%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kalshi is 0.100% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.089%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AAVEUSDT	144.35	0.0100	pay 0.0100% / 8h	6h 28m	$1.3M	$1.2M	50x
Short	Kalshi KXAAVEPERP	144.08	0	get 0.0000% / 8h	2h 28m	$70K	$1.4M	3.4x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aster. 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 AsterbpFee KalshibpOrdersPrice spread, now −0.190%Rate

Funding earned: −$21
Price spread: −0.190% → −0.089%: −$10.02
Slippage, 4 orders: −$36.42
Fee Aster: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$85.44
Costs to cover: 0.544%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Kalshi: live order book, 5 min ago.

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 Aster live order book, 4 min ago	3.82 bp	10.6 bp −$11	28.0 bp −$280	doesn't fit	doesn't fit
Sell Kalshi live order book, 5 min ago	9.38 bp	14.4 bp −$14	21.3 bp −$213	doesn't fit	doesn't fit

AAVE on 41 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	144.43	+0.053%	$11K	$2K	5x	as long as short
Kraken Futures PF_AAVEUSD	−0.0034%	1h	144.21	−0.101%	$3.5M	$2.0M	50x	as long as short
dYdX AAVE-USD	0.0000%	1h	144.37	+0.008%	$103K	$4K	10x	as long as short
Kalshi KXAAVEPERPshort	0.0000%	8h	144.08	−0.190%	$70K	$1.4M	3.4x
Deribit AAVE_USDC-PERPETUAL	0.0000%	1h	144.13	−0.155%	$250K	$362K	50x	as long as short
gTrade (Gains Network) AAVE/USD	L +0.0005% / S −0.0004%	1h	144.22	−0.091%	$70K	—	150x	as long as short
Phoenix AAVE	+0.0006%	1h	144.55	+0.136%	$5K	$98K	10x	as long as short
Injective AAVE/USDC PERP	+0.0033%	1h	136.96	−5.122%	$422	$51K	12x	as long as short
Orderly PERP_AAVE_USDC	+0.0044%	8h	144.15	−0.141%	$18K	$10K	10x	as long as short
Reya AAVERUSDPERP	+0.0044%	1h	144.40	+0.030%	—	—	20x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AAVE_USDT	+0.0053%	8h	144.50	+0.101%	$26.9M	$24.9M	200x	as long as short
Binance AAVEUSDT	+0.0055%	8h	144.44	+0.061%	$65.1M	$184.2M	75x	as long as short
OKX AAVE-USDT-SWAP	+0.0072%	8h	144.43	+0.053%	$17.4M	$65.5M	50x	as long as short
RISEx AAVE/USDC	+0.0089%	1h	144.48	+0.090%	$189K	$231K	10x	as long as short
Gate AAVE_USDT	+0.0091%	8h	144.44	+0.060%	$7.8M	$15.2M	75x	as long as short
Lighter AAVE	+0.0096%	1h	144.51	+0.107%	$4.6M	$1.5M	10x	as long as short
Aevo AAVE-PERP	+0.0096%	1h	144.16	−0.133%	$122K	$146	10x	as long as short
Paradex AAVE-USD-PERP	+0.0100%	8h	144.42	+0.046%	$14K	$4K	20x	as long as short
Nado AAVE-PERP	+0.0100%	1h	144.39	+0.029%	$803K	$425K	10x	as long as short
Hyperliquid AAVE	+0.0100%	1h	144.39	+0.025%	$78.2M	$35.7M	10x	as long as short
Aster AAVEUSDTlong	+0.0100%	8h	144.35	long leg	$1.3M	$1.2M	50x
Pacifica AAVE	+0.0100%	1h	144.41	+0.039%	$329K	$435K	10x	as long as short
Bybit AAVEUSDT	+0.0100%	8h	144.44	+0.060%	$61.8M	$64.8M	75x	as long as short
Arcus AAVE-USD	+0.0100%	1h	144.45	+0.067%	$45K	$181K	10x	as long as short
Bulk AAVE-USD	+0.0100%	1h	143.50	−0.594%	$58K	$2K	10x	as long as short
KuCoin AAVEUSDTM	+0.0100%	8h	144.29	−0.044%	$10.8M	$9.2M	75x	as long as short
Bitget AAVEUSDT	+0.0100%	8h	144.43	+0.053%	$30.0M	$18.0M	75x	as long as short
BingX AAVE-USDC	+0.0100%	8h	144.41	+0.039%	—	$6.5M	—	as long as short
Backpack AAVE_USDC_PERP	+0.0100%	1h	144.26	−0.065%	$324K	$746K	10x	as long as short
Variational Omni AAVE	+0.0100%	8h	144.14	−0.146%	$3.7M	$1.3M	—	as long as short
edgeX AAVEUSDC	+0.0100%	4h	144.20	−0.110%	$104K	$319K	20x	as long as short
GRVT AAVE_USDT_Perp	+0.0100%	8h	143.87	−0.333%	$452K	$3.8M	10x	as long as short
ApeX Omni AAVEUSDT	+0.0100%	1h	144.20	−0.107%	$134K	$221K	50x	as long as short
Polymarket Perps AAVE-USD	+0.0100%	1h	144.48	+0.087%	$125K	$419K	10x	as long as short
SunX AAVE-USDT	+0.0100%	8h	144.50	+0.099%	$2K	$1.3M	20x	as long as short
SoDEX AAVE-USD	+0.0100%	1h	144.09	−0.183%	$5K	$298K	10x	as long as short
HTX AAVE-USDT	+0.0100%	8h	144.42	+0.044%	$700K	$5.2M	75x	as long as short
Phemex AAVEUSDT	+0.0100%	8h	144.14	−0.148%	$4.1M	$3.8M	50x	as long as short
Extended AAVE-USD	+0.0104%	1h	144.36	+0.002%	$917K	$1.7M	50x	as long as short
GMX AAVE/USD [AAVE-USDC]	L +0.0238% / S −0.0363%	1h	144.26	−0.064%	$125K	—	100x	as long as short
Coinbase International AAVE-PERP-INTX	+0.0296%	1h	144.51	+0.108%	$774K	$2.8M	50x	as long as short